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HOME BANCSHARES INC

For the period ended Dec 31, 2024. Filed Mar 7, 2025.

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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Dec 31, 2024 · Filed Mar 7, 2025

HOMB$29.86-0.7%Stored close · as of Nov 6, 2026
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Contents

Appendix A

Appendix A

Reconciliation of Non-GAAP Financial Measures

Our accounting and reporting policies conform to generally accepted accounting principles in the United States (“GAAP”) and the prevailing practices in the banking industry. However, this Proxy Statement contains financial information determined by methods other than in accordance with GAAP, including earnings, as adjusted, diluted earnings per share, as adjusted and return on average assets, as adjusted, and tangible book value per common share. We believe these non-GAAP measures, when taken together with the corresponding GAAP measures, provide meaningful supplemental information regarding our performance. We believe investors benefit from referring to these non-GAAP measures in assessing our financial condition and results of operations, and when planning and forecasting future periods. However, these non-GAAP measures should be considered in addition to, and not as a substitute for or preferable to, the corresponding measures prepared in accordance with GAAP. Reconciliations of these non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the following tables.

Table 1: Earnings, As Adjusted

12/31/2024
GAAP net income available to common shareholders (A)$402,241
Pre-tax adjustments
FDIC special assessment2,260
BOLI death benefits(257)
Merger and acquisition expenses—
Initial provision for credit losses - acquisition—
Fair value adjustment for marketable securities(2,971)
Special dividend from equity investment—
Gain on sale of building(2,059)
Special lawsuit settlement, net of expense—
Recoveries on historic losses—
Hurricane expense—
Total pre-tax adjustments(3,027)
Tax-effect of adjustments(688)
Deferred tax asset write-down2,030
Total adjustments after-tax (B)(309)
Earnings, as adjusted (C)401,932
Average diluted shares outstanding (D)200,069
GAAP diluted earnings per share: (A/D)$2.01
Adjustments after-tax: (B/D)—
Diluted earnings per common share, as adjusted: (C/D)$2.01
A-1www.homebancshares.com

Appendix A

Table 2: Return on Average Assets, As Adjusted

12/31/2024
Return on average assets: (A/C)1.77%
Return on average assets, as adjusted: (ROA, as adjusted) ((A+B)/C)1.77%
GAAP net income available to common shareholders (A)$402,241
Adjustments after-tax (B)(309)
Average assets (C)22,754,380

Table 3: Tangible Book Value Per Common Share

12/31/2024
Book value per common share: (A/B)$19.92
Tangible book value per common share: ((A-C-D)/B)12.68
Total stockholders' equity (A)$3,961,025
End of period common shares outstanding (B)198,882
Goodwill (C)1,398,253
Core deposit and other intangibles (D)40,327
www.homebancshares.comA-2
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.