Home BancShares records peak book value as non-performing assets double
Book value per common share reached a record $22.15 at March 31, 2026, while tangible book value per common share rose to a record $14.87. These figures follow a first quarter where Home BancShares reported net income of $118.2 million. During the same period, non-performing loans increased to $182.1 million from $85.0 million in the previous quarter. Non-performing assets rose to $224.1 million from $124.8 million. The increase was primarily driven by one loan relationship with a balance of $92.1 million being placed on non-accrual status. Consequently, non-performing loans to total loans rose to 1.16% from 0.54%.
More Briefs
Selling investments for a home down payment reduces future returns
Apr 16Department of Labor Proposal Would Shield 401(k) Advisors From Litigation Over Alternative Assets
Apr 16Mortgage Rate Volatility Shifts Homebuyers to the Sidelines
Apr 16CD yields are not always a trade for liquidity