On Tuesday, May 24 Home BancShares Inc., parent company of Centennial Bank, was featured on the Nasdaq Tower in Times Square in celebration of the Company’s 10th anniversary as a Nasdaq listed company.
John W. Allison, chairman, together with members of the management team, rang the Nasdaq Opening Bell.
“I am proud of what we have accomplished through these last ten years for our customers, employees and shareholders,” Allison said in a news release. “We have excelled in a highly competitive market during some of our nation’s toughest economic times, while remaining committed to our core values.”
At its initial public offering on June 22, 2006, the company operated 48 branches in Arkansas and Florida, and had assets of approximately $2 billion.
Home BancShares, Inc. remains headquartered in Conway and is currently a $9.4 billion bank holding company operating its wholly-owned subsidiary, Centennial Bank, in Arkansas, Florida and South Alabama across a footprint of 141 branches.
Since listing on Nasdaq, the company (HOMB) has grown its market cap from approximately $263.4 million to approximately $2.88 billion. Between March 31, 2006 and March 31, 2016, the Company had an earnings per share compound annual growth rate of approximately 17.1 percent.
The opening bell ceremony was broadcasted live on Fox Business, Bloomberg and CNBC.