When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
HOMB - Home BancShares: A Franchise Enhancing Transaction Provides Solid Upside Potential
Home BancShares Inc.
Following the Happy Bancshares transaction, market reception was overly positive with shares outperforming the banking index by nearly 5%.
According to management, the transaction is triple-accretive: a stronger earnings per share outlook, improved book value, and a better tangible book value per share.
Future earnings growth will likely come from both stronger loan demand and deal related expense synergies falling to the bottom line.