HOME BANCSHARES INC
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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Dec 31, 2025 · Filed Feb 27, 2026
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 return on average assets, as adjusted; tangible book value per common share and pre-tax net income, excluding provision for credit losses and unfunded commitment expense (PPNR). 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: Return on Average Assets, As Adjusted
| 12/31/2025 | |
|---|---|
| Return on average assets: (A/C) | 2.10% |
| Return on average assets, as adjusted: (ROA, as adjusted) ((A+B)/C) | 2.05% |
| GAAP net income available to common shareholders (A) | $475,441 |
| Adjustments after-tax (B) | (11,328) |
| Average assets (C) | 22,693,595 |
Table 2: Tangible Book Value Per Common Share
| 12/31/2025 | |
|---|---|
| Book value per common share: (A/B) | $21.88 |
| Tangible book value per common share: ((A-C-D)/B) | 14.60 |
| Total stockholders' equity (A) | $4,296,871 |
| End of period common shares outstanding (B) | 196,357 |
| Goodwill (C) | 1,398,253 |
| Core deposit and other intangibles (D) | 32,293 |
Table 3: Pre-Tax Net Income, Excluding Provision for Credit Losses and Unfunded Commitment Expense (PPNR)
| 12/31/2025 | |
|---|---|
| Pre-tax, pre-provision, net income (PPNR) (A+B-C) | $632,701 |
| Net interest income (A) | $892,360.00 |
| Non-interest income (B) | 198,510 |
| Non-interest expense (C) | 458,169 |
| www.homebancshares.com | A-1 |
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