Stephens lowered the firm’s price target on Home BancShares (HOMB) to $32 from $34 and keeps an Overweight rating on the shares. Q1 results were slowed by disappointing loan yields, but the Q1 credit deterioration was driven by a single commercial credit, says the analyst, who doesn’t think it was indicative of a broader trend.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HOMB:
- Home Bancshares Earnings Call Highlights Strength and Hurdles
- Closing Bell Movers: JB Hunt up 2% after Q1 earnings beat
- Home BancShares Posts Solid First-Quarter 2026 Earnings Performance
- Home BancShares reports Q1 EPS 60c, consensus 59c
- Home BancShares reports Q1 net interest margin 4.51% vs. 4.44% last year