Home BancShares, Inc. Announces Centennial Bank Named to list of World’s Best Banks

CONWAY, Ark., June 12, 2020 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NASDAQ GS:  HOMB) (“Home” or “the Company”), announced that its wholly-owned subsidiary, Centennial Bank (“Centennial”), was named by Forbes among The World’s Best Banks 2020.

Forbes partnered with Statista to conduct a survey of 40,000 consumers in 23 countries. The consumers ranked banks on key attributes including trust, terms and conditions, customer service, digital services and financial advice.

450 Banks made The World’s Best Bank list, 75 being banks from the United States. Centennial Bank was named #1 Bank in America by Forbes for 2018 and 2019.

“Being recognized by customers is truly the greatest compliment we can receive,” stated Tracy French, Centennial Bank President and Chief Executive Officer.  “One of our daily goals is to go above and beyond in providing excellent customer service and banking solutions to meet the needs of our customers. We were honored to be named Best Bank in America for two years in a row, and now to be included among the best banks in the world is a tremendous success for our banking team,” French continued.

General

Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Its wholly-owned subsidiary, Centennial Bank, provides a broad range of commercial and retail banking plus related financial services to businesses, real estate developers, investors, individuals and municipalities. Centennial Bank has branch locations in Arkansas, Florida, South Alabama and New York City. The Company’s common stock is traded through the NASDAQ Global Select Market under the symbol “HOMB.”

This release may contain forward-looking statements regarding the Company’s plans, expectations, goals and outlook for the future. Statements in this press release that are not historical facts should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements of this type speak only as of the date of this news release. By nature, forward-looking statements involve inherent risk and uncertainties. Various factors could cause actual results to differ materially from those contemplated by the forward-looking statements.  These factors include, but are not limited to, the following:  economic conditions, credit quality, interest rates, loan demand, business uncertainties as a result of the ongoing coronavirus pandemic, the ability to successfully integrate new acquisitions, legislative and regulatory changes and risks associated with current and future regulations, technological changes and cybersecurity risks, competition from other financial institutions, changes in the assumptions used in making the forward-looking statements, and other factors described in reports we file with the Securities and Exchange Commission, including those factors set forth in our Annual Report on Form 10-K for the year ended December 31, 2019 filed with the SEC on February 26, 2020.

FOR MORE INFORMATION CONTACT:

Home BancShares, Inc.                                                       

Donna Townsell                                                                     

Senior Executive Vice President &                                       

Director of Investor Relations                                                                       

(501) 328-4625