HOME BANCSHARES, INC HOMB Cash Flow

Home bancshares, inc (HOMB)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Operating Activities
Net income
218,696	289,539	287,307	294,828	298,689	300,403	252,682	187,219	161,291	135,083	160,364	189,163	182,575	177,146	165,989	158,110	148,507	138,199	130,692	122,322	116,845	113,063	96,087	87,079	76,309	66,520	70,509	68,241	66,072	63,022	60,250	58,467	56,523	54,741	0	0	0
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation & amortization
19,238	19,427	19,306	19,189	19,021	19,205	22,670	20,943	19,165	16,716	15,100	14,732	14,500	14,548	10,650	10,557	10,383	10,296	10,352	10,319	10,228	10,116	9,809	9,001	8,138	7,225	6,438	6,246	6,147	5,990	5,198	5,330	5,452	5,681	0	0	0
Fair value adjustment for marketable securities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of securities, net
16,524	15,943	14,967	14,589	14,239	14,205	0	0	0	-	-	11,409	11,361	11,591	16,153	17,696	18,995	21,783	27,092	31,445	44,724	35,648	25,165	6,116	-3,913	-1,214	1,593	12,968	5,889	6,696	5,388	4,122	2,970	1,506	0	0	0
Accretion of purchased loans
34,482	35,890	36,191	38,474	39,902	41,455	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation
10,357	10,719	10,754	10,729	9,891	9,084	8,234	7,162	6,887	6,705	6,346	7,243	7,056	6,628	6,401	5,518	4,831	3,925	3,236	2,152	1,956	2,073	1,977	3,033	2,173	1,298	1,359	90	564	917	595	433	424	382	0	0	0
Tax benefits from stock options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	4,154	1,673	1,670	1,709	605	1,011	1,112	1,117	1,225	907	984	935	836	1,407	1,204	1,350	1,377	745	717	578	562	0	0	0
Gain on assets
2,116	1,942	926	1,457	5,790	3,302	5,939	3,112	1,428	4,223	3,167	1,355	-1,198	-1,978	-3,519	-203	-442	6	267	1,099	2,649	2,696	2,561	3,154	2,685	2,620	2,515	1,019	692	121	-306	-5	-1,443	-1,145	0	0	0
Provision for credit losses
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on acquisitions
-	-	-	-	-	-	-	-	-	3,807	0	0	0	-	-	-	-	1,635	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for loan losses
-	-	-	-	-	4,322	9,248	44,271	41,936	44,250	41,027	11,540	16,845	18,608	25,795	27,365	27,054	25,164	21,644	18,779	19,513	22,664	0	0	0	-	-	-	-	2,750	3,750	3,583	2,250	3,500	0	0	0
Deferred income tax effect
-13,049	28,974	8,536	4,849	8,505	3,289	64,544	49,964	35,952	34,084	-15,628	4,438	14,311	12,705	18,196	8,891	4,042	7,168	4,384	11,999	18,824	18,698	30,331	27,912	20,716	24,160	11,253	4,772	6,758	-434	-2,453	-567	-6,188	-9,237	0	0	0
Increase in cash value of life insurance
2,576	2,752	2,927	2,948	2,938	2,856	2,857	2,600	2,333	1,989	1,571	1,437	1,327	1,412	1,420	1,344	1,286	1,199	1,190	1,244	1,230	1,210	1,126	1,007	944	836	803	800	796	873	950	1,073	1,146	1,128	0	0	0
Originations of mortgage loans held for sale
524,742	469,451	422,585	370,776	357,428	347,410	348,130	322,256	327,503	333,558	336,465	365,237	364,240	354,481	333,766	323,761	300,187	280,858	267,270	249,989	230,350	228,119	230,384	269,098	229,278	228,382	217,419	175,059	201,007	182,763	167,881	142,282	118,760	116,873	0	0	0
Proceeds from sales of mortgage loans held for sale
500,110	424,540	358,456	326,877	311,583	327,488	357,617	328,124	341,507	345,501	330,246	361,780	344,184	337,128	329,976	318,792	298,150	272,107	262,068	239,575	226,356	225,499	210,495	259,610	214,165	210,184	209,224	160,675	187,844	171,067	159,763	130,558	113,926	120,565	0	0	0
Changes in assets and liabilities:
Accrued interest receivable
-223	-3,859	-1,352	3,310	4,103	2,413	7,014	5,325	5,860	6,451	3,254	2,566	2,249	1,706	979	2,659	3,849	3,615	3,038	2,316	393	-153	-2,075	-4,032	-2,957	-3,816	-597	-410	-1,478	754	-166	2,496	508	-625	0	0	0
Other assets
33,382	27,087	4,351	-5,025	-15,221	736	32,084	54,367	44,982	38,408	24,755	4,383	7,896	11,520	-11,731	19,340	15,148	10,312	30,336	1,091	-7,474	-28,073	-37,179	-52,354	-63,977	-64,647	-63,916	-78,273	-68,787	-68,295	-76,519	-44,723	-48,036	-37,039	0	0	0
Accrued interest payable and other liabilities
16,005	-9,789	-93	3,227	21,467	24,078	32,950	11,341	-21,159	-31,033	-18,694	-14,305	-4,611	10,985	-12,682	-5,909	16,737	24,651	35,068	32,981	34,333	22,658	-22,320	-27,103	-24,630	-36,105	-1,654	10,108	-5,949	-9,531	-3,806	-9,146	-1,221	-4,708	0	0	0
Net cash provided by operating activities
264,772	247,415	234,930	263,673	291,177	303,902	318,934	216,372	169,663	140,071	89,407	161,866	162,522	175,701	237,890	192,449	206,962	205,063	189,789	211,086	242,879	245,395	177,444	163,984	137,694	113,037	137,986	161,953	131,764	117,679	136,100	90,940	102,623	92,676	0	0	0
Investing Activities
Net increase in federal funds sold
-	325	-1,150	-575	125	23,784	4,045	1,015	1,390	-21,044	0	0	0	-	-1,850	-525	-950	-1,300	44,399	1,244	17,219	4,419	-28,705	6,225	-15,475	17,473	2,096	9,121	9,546	-5,027	1,895	7,020	-200	26,748	0	0	0
Net (increase) decrease in loans, excluding purchased loans
-25,154	-245,366	-133,015	107,241	220,152	329,001	164,927	291,828	108,106	137,219	321,542	359,851	525,767	722,322	727,737	982,368	1,085,420	874,092	752,118	592,416	329,280	245,656	195,798	31,621	24,514	56,242	7,728	-1,455	-31,896	-66,493	-170,407	-202,543	-216,655	-168,532	0	0	0
Purchases of investment securities – available-for-sale
659,865	609,510	559,147	504,597	466,354	500,713	551,000	555,958	628,078	692,482	528,804	493,623	391,837	253,458	379,907	407,825	397,052	382,631	245,620	127,562	56,701	75,456	144,293	284,113	359,235	364,055	357,029	327,460	341,780	427,667	515,908	518,271	491,285	408,251	0	0	0
Proceeds from maturities of investment securities – available-for-sale
583,709	528,159	460,525	397,215	343,768	348,032	316,290	280,836	231,339	184,280	187,403	214,112	257,301	284,392	335,869	322,554	302,254	290,506	213,333	222,700	230,176	253,551	279,224	241,196	230,046	226,208	256,799	296,072	388,019	384,505	369,533	347,469	245,264	214,258	0	0	0
Proceeds from sale of investment securities – available-for-sale
-	-	-	-	-	-	5,428	6,407	18,003	32,732	113,304	112,070	101,318	87,157	5,324	5,324	5,407	4,034	0	0	0	-	-	-	-	282,451	547	658	572	1,623	0	0	0	-	-	-	-
Purchases of investment securities – held-to-maturity
-	-	-	-	-	-	-	-	-	281	0	0	0	-	-	-	-	6,563	78,026	173,048	245,572	265,704	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities of investment securities – held-to-maturity
-	-	-	-	-	31,360	35,025	49,153	61,650	58,162	64,958	57,657	47,061	49,231	47,801	47,546	47,503	52,127	47,023	39,724	31,844	22,474	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of other investments
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from foreclosed assets held for sale
12,948	14,190	13,465	14,395	19,571	19,249	23,163	19,447	15,960	18,734	16,169	16,223	16,817	13,978	10,143	12,219	16,011	20,928	33,631	37,210	40,648	46,029	66,562	69,519	64,251	59,607	40,814	35,729	44,304	38,806	24,182	28,488	21,798	25,576	0	0	0
Proceeds from sale of SBA loans
21,255	21,843	14,039	11,649	11,251	9,443	7,938	10,292	12,297	13,630	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	2,085	0	0	0	-	-	-	-	4,524	0	0	0
Proceeds from sale of insurance book of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,938	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of premises and equipment, net
16,588	14,898	11,939	9,815	6,864	7,950	5,878	6,188	3,496	5,191	4,110	5,073	7,342	3,082	7,333	3,295	6,871	10,536	2,945	4,238	3,426	67	6,445	7,562	9,151	12,715	15,192	19,845	17,598	13,518	8,479	13,310	13,409	13,022	0	0	0
Return of investment on cash value of life insurance
0	-	-	-	-	-	-	-	-	592	0	0	0	-	-	-	-	27	0	0	0	-	-	-	-	540	0	0	0	-	-	-	-	700	0	0	0
Net cash paid – market acquisitions
0	-	-	-	-	-	-	-	-	-227,842	0	0	0	-	-	-	-	-144,097	0	0	0	-	-	-	-	-	-	-	64,956	205,190	0	0	0	-	-	-	-
Net cash (used in) provided by investing activities
-382,073	221,656	80,953	-168,685	-672,785	-779,578	-706,111	-683,729	-211,066	-318,631	-246,718	-421,096	-465,716	-558,683	-707,642	-993,611	-1,400,690	-752,209	-595,042	-438,462	130,987	-247,202	23,936	114,874	80,843	84,166	83,997	170,713	292,942	362,300	189,907	199,532	121,224	20,181	0	0	0
Financing Activities
Net increase in deposits
447,462	378,605	422,632	611,283	670,837	511,276	175,968	442,948	303,711	476,623	639,025	610,685	545,933	503,918	415,307	362,940	203,322	74,992	73,936	-183,128	-305,440	-370,656	-371,396	-265,727	-259,427	-222,907	-349,450	-434,093	-380,762	-364,810	-277,012	-130,696	-61,564	-103,767	0	0	0
Net (decrease) increase in securities sold under agreements to repurchase
-25,355	48	14,892	2,791	1,924	-4,110	-7,385	-20,154	359	336	14,018	22,669	1,887	-7,099	-24,792	-39,674	-56,709	-48,076	-26,753	6,144	41,091	15,481	6,212	-12,235	-23,046	11,330	5,428	2,461	283	-421	-908	988	2,697	-12,140	0	0	0
Net decrease in federal funds purchased
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in FHLB and other borrowed funds
153,739	850,954	672,408	410,503	9,886	-173,205	-319,518	-177,621	372,830	95,375	465,401	337,925	-62,293	100,747	-1,234,805	-846,080	-211,994	-702,186	0	0	0	-	-	9,252	14,921	10,666	101,905	-28,059	-25,673	-25,668	12,395	9,601	7,494	34,493	0	0	0
Retirement of subordinated debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,000	0	0	0	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
0	-	-	-	-	1,454	1,490	1,374	1,880	1,082	991	977	454	1,495	1,529	1,436	1,525	389	579	594	532	574	363	449	354	431	1,536	1,492	1,690	1,958	1,186	1,163	1,050	715	0	0	0
Repurchase of common stock
57,060	84,888	136,502	153,653	148,847	104,276	0	0	0	-	-	-	-	9,817	8,842	8,842	8,842	2,015	0	0	0	-	-	-	-	-	-	-	-	13,549	0	0	0	-	-	-	-
Common stock issuance costs – market acquisitions
-	-	-	-	-	-	-	-	-	825	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefits from stock options exercised
-	-	-	-	-	-	-	-	-	-	-	3,006	3,035	4,154	1,673	1,670	1,709	605	1,011	1,112	1,117	1,225	907	984	935	836	1,407	1,204	1,350	1,377	745	717	578	562	0	0	0
Dividends paid on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,286	0	0	0
Dividends paid on common stock
86,871	85,627	84,686	83,863	81,105	79,867	78,220	73,007	66,837	60,373	53,915	50,839	50,221	48,096	45,974	43,505	39,670	37,580	33,815	30,295	26,732	23,170	21,296	18,869	18,201	16,971	19,383	18,547	17,142	16,315	11,278	10,171	8,898	7,608	0	0	0
Net cash provided by (used in) financing activities
126,266	-636,409	-405,644	-33,429	433,477	497,682	366,914	502,612	134,915	597,844	413,471	534,324	562,211	343,808	537,256	782,145	1,154,229	690,441	496,426	288,235	-390,854	-51,199	-176,238	-308,030	-306,335	-263,524	-265,271	-518,472	-468,587	-432,428	-323,179	-211,816	-137,566	-216,085	0	0	0
Net change in cash and cash equivalents
8,965	-167,338	-89,761	61,559	51,869	22,006	-20,263	35,255	93,512	419,284	256,160	275,094	259,017	-39,174	67,504	-19,017	-39,499	143,295	91,173	60,859	-16,988	-53,006	25,142	-29,172	-87,798	-66,321	-43,288	-185,806	-43,881	47,551	2,828	78,656	86,281	-103,228	0	0	0