Operating HighlightsNet interest income for the fourth quarter of 2012 increased 16.9% to $41.3 million from $35.3 million during the fourth quarter of 2011. For the fourth quarter of 2012, the effective yield on non-covered loans and covered loans was 6.03% and 7.83%, respectively. Net interest margin, on a fully taxable equivalent basis, was 4.86% for the quarter just ended compared to 4.73% in the fourth quarter of 2011, an increase of 13 basis points. The Company's ability to improve pricing on interest bearing deposits and hold the changes of interest rates on loans to a minimum allowed the Company to improve net interest margin.
Home BancShares, Inc. Announces Record Net Income Of $63.0 Million For 2012
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.