Estados financieros detallados de Home Bancshares, Inc. (HOMB): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Home Bancshares, Inc. registró ingresos de $1.37B en el último ejercicio fiscal, con un CAGR de 5 años del 12.1%. El beneficio neto alcanzó $475.4M, con un CAGR a 5 años del 17.3%.
Márgenes de los últimos 12 meses: margen bruto 78.5%, margen operativo 43.6%, margen neto 34.3%. El flujo de caja libre creció a un CAGR del 6.1% en 5 años.
Al precio actual de $29.74, HOMB cotiza a un P/E de 12.19 y un ROE del 11.01%. La capitalización bursátil es de $6.0B.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $516.6M | $608.8M | $779.7M | $808.9M | $778.0M | $752.0M | $1.04B | $1.33B | $1.45B | $1.37B |
| Coste de Ventas | $49.2M | $108.6M | $128.7M | $156.1M | $222.7M | $47.4M | $180.7M | $358.6M | $499.4M | $312.0M |
| Beneficio Bruto | $467.4M | $500.2M | $651.0M | $652.8M | $555.3M | $704.5M | $855.3M | $967.8M | $952.6M | $1.06B |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $133.1M | $148.1M | $180.3M | $188.4M | $179.1M | $185.8M | $260.5M | $296.7M | $268.8M | $340.8M |
| Gastos Operativos | $184.7M | $229.1M | $255.5M | $267.2M | $277.6M | $287.8M | $460.7M | $455.9M | $430.3M | $461.1M |
| Beneficio Operativo | $282.6M | $271.1M | $395.5M | $385.6M | $277.7M | $416.8M | $394.6M | $511.9M | $522.3M | $601.3M |
| EBITDA | $297.2M | $287.8M | $414.7M | $405.0M | $297.8M | $436.3M | $426.4M | $542.8M | $551.5M | $617.6M |
| Gastos por Intereses | $30.6M | $64.3M | $124.4M | $154.8M | $93.4M | $52.2M | $119.1M | $348.1M | $451.0M | $408.8M |
| Beneficio Antes de Impuestos | $282.6M | $271.1M | $395.5M | $385.6M | $277.7M | $416.8M | $394.6M | $511.9M | $522.3M | $601.3M |
| Impuestos | $105.5M | $136.0M | $95.1M | $96.1M | $63.3M | $97.8M | $89.3M | $119.0M | $120.1M | $125.9M |
| Beneficio Neto | $177.1M | $135.1M | $300.4M | $289.5M | $214.4M | $319.0M | $305.3M | $392.9M | $402.2M | $475.4M |
| BPA | $1.26 | $0.90 | $1.73 | $1.73 | $1.30 | $1.94 | $1.57 | $1.94 | $2.01 | $2.41 |
| BPA Diluido | $1.26 | $0.89 | $1.73 | $1.73 | $1.30 | $1.94 | $1.57 | $1.94 | $2.01 | $2.41 |
| Acciones en Circulación (Diluidas) | $140.7M | $151.5M | $174.1M | $167.8M | $165.4M | $164.9M | $195.0M | $202.8M | $200.1M | $197.7M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | $279.7M | $374.1M | $353.8M | $390.3M |
| Beneficio Bruto | $274.2M | $267.7M | $266.2M | $289.9M |
| Beneficio Operativo | $148.8M | $153.3M | $152.6M | $154.4M |
| EBITDA | $150.8M | $160.8M | $160.1M | $162.9M |
| Beneficio Neto | $123.6M | $118.2M | $118.2M | $119.3M |
| BPA | $0.63 | $0.60 | $0.60 | $0.61 |
| BPA Diluido | $0.63 | $0.60 | $0.60 | $0.60 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $216.6M | $635.9M | $657.9M | $490.6M | $1.26B | $3.65B | $724.8M | $1.00B | $910.3M | $667.3M |
| Inversiones a Corto | $1.07B | $1.66B | $1.79B | $2.08B | $2.47B | $3.12B | $4.04B | $3.51B | $1.74B | $1.57B |
| Cuentas por Cobrar | $30.8M | $45.7M | $48.9M | $45.1M | $60.5M | $46.7M | $103.2M | $119.0M | $120.1M | $108.9M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $1.32B | $2.35B | $2.49B | $2.62B | $3.80B | $6.82B | $4.87B | $4.63B | $2.77B | $2.35B |
| Inmovilizado Material | $205.3M | $237.4M | $233.3M | $280.1M | $278.6M | $275.8M | $405.1M | $393.3M | $386.3M | $369.3M |
| Fondo de Comercio | $378.0M | $927.9M | $958.4M | $958.4M | $973.0M | $973.0M | $1.40B | $1.40B | $1.40B | $1.40B |
| Activos Intangibles | $18.3M | $49.4M | $42.9M | $36.6M | $30.7M | $25.0M | $58.5M | $48.8M | $40.3M | $32.3M |
| Activos Totales | $9.81B | $14.45B | $15.30B | $15.03B | $16.40B | $18.05B | $22.88B | $22.66B | $22.49B | $22.88B |
| Cuentas por Pagar | $51.2M | $42.0M | $67.9M | $102.4M | $128.0M | $113.9M | $196.9M | $194.7M | 0 | 0 |
| Deuda a Corto | $121.3M | $147.8M | $143.7M | $148.7M | $168.9M | $140.9M | $131.1M | $142.1M | $162.3M | $155.8M |
| Pasivos Corrientes | $7.11B | $10.58B | $11.11B | $11.53B | $13.02B | $14.52B | $18.27B | $17.12B | $17.31B | $17.64B |
| Deuda a Largo | $1.37B | $1.67B | $1.84B | $991.0M | $770.3M | $771.1M | $1.09B | $1.74B | $1.04B | $779.5M |
| Pasivos Totales | $8.48B | $12.25B | $12.95B | $12.52B | $13.79B | $15.29B | $19.36B | $18.87B | $18.53B | $18.59B |
| Reservas | $455.9M | $530.7M | $752.2M | $956.6M | $1.04B | $1.27B | $1.44B | $1.69B | $1.94B | $2.26B |
| Patrimonio Neto | $1.33B | $2.20B | $2.35B | $2.51B | $2.61B | $2.77B | $3.53B | $3.79B | $3.96B | $4.30B |
| Deuda Total | $1.49B | $1.82B | $1.98B | $1.14B | $939.3M | $912.0M | $1.22B | $1.88B | $1.20B | $935.3M |
| Deuda Neta | $197.7M | -$484.4M | -$458.9M | -$1.43B | -$2.80B | -$5.86B | -$3.54B | -$2.62B | -$1.45B | -$1.30B |
| Capital Circulante | -$5.79B | -$8.23B | -$8.62B | -$8.91B | -$9.22B | -$7.70B | -$13.40B | -$12.50B | -$14.54B | -$15.29B |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $800.9M | $667.3M | $1.11B | $279.7M |
| Activos Totales | $22.71B | $22.88B | $23.20B | $24.71B |
| Pasivos Totales | $18.49B | $18.59B | $18.85B | $20.17B |
| Patrimonio Neto | $4.21B | $4.30B | $4.35B | $4.55B |
| Deuda Total | $975.6M | $935.3M | $937.1M | $888.6M |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $177.1M | $135.1M | $300.4M | $289.5M | $214.4M | $319.0M | $305.3M | $392.9M | $402.2M | $475.4M |
| Amortizaciones | $14.5M | $16.7M | $19.2M | $19.4M | $20.1M | $19.5M | $31.9M | $30.9M | $29.2M | $29.2M |
| Compensación en Acciones | $6.6M | $6.7M | $9.1M | $10.7M | $8.6M | $8.8M | $9.1M | $9.3M | $9.2M | $10.7M |
| Cambio en Capital Circulante | -$2.2M | -$75.9M | $21.4M | -$33.0M | -$20.0M | $6.2M | $7.5M | -$18.1M | -$37.5M | -$25.1M |
| Flujo de Caja Operativo | $175.7M | $140.1M | $302.2M | $247.4M | $291.7M | $389.4M | $413.2M | $379.7M | $460.6M | $399.3M |
| Inversiones (CapEx) | -$3.1M | -$5.2M | -$8.0M | -$14.9M | -$11.5M | -$10.3M | -$19.6M | -$22.5M | -$38.5M | -$22.3M |
| Adquisiciones | 0 | $227.8M | -$377.4M | 0 | -$421.2M | 0 | $858.6M | 0 | 0 | 0 |
| Recompra de Acciones | -$9.8M | -$20.8M | -$104.3M | -$84.9M | -$25.7M | -$44.5M | -$70.9M | -$48.8M | -$86.5M | -$82.2M |
| Dividendos Pagados | -$48.1M | -$60.4M | -$79.9M | -$85.6M | -$87.7M | -$92.1M | -$128.4M | -$145.9M | -$150.0M | -$158.9M |
| Flujo de Caja Libre | $172.6M | $134.9M | $294.3M | $232.5M | $280.2M | $379.1M | $393.6M | $357.2M | $422.1M | $377.0M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $115.2M | $88.7M | $150.8M | $97.4M |
| Inversiones (CapEx) | -$2.9M | -$4.5M | -$11.6M | -$3.3M |
| Flujo de Caja Libre | $112.2M | $84.2M | $139.3M | $94.1M |
| Dividendos Pagados | -$39.4M | -$41.3M | -$41.3M | -$42.3M |
| Compensación en Acciones | $2.7M | $2.6M | $3.2M | $5.2M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +17.9% | +28.1% | +3.7% | -3.8% | -3.3% | +37.8% | +28.0% | +9.5% | -5.3% |
| Crecimiento Beneficio Neto (anual) | | -23.7% | +122.4% | -3.6% | -25.9% | +48.8% | -4.3% | +28.7% | +2.4% | +18.2% |
| Crecimiento BPA (anual) | | -28.6% | +92.2% | +0.0% | -24.9% | +49.2% | -19.1% | +23.6% | +3.6% | +19.9% |
| Cambio en Acciones (anual) | | +7.7% | +14.9% | -3.6% | -1.4% | -0.3% | +18.3% | +4.0% | -1.3% | -1.2% |
| Crecimiento FCF (anual) | | -21.9% | +118.2% | -21.0% | +20.5% | +35.3% | +3.8% | -9.2% | +18.2% | -10.7% |
| Margen Bruto | 90.5% | 82.2% | 83.5% | 80.7% | 71.4% | 93.7% | 82.6% | 73.0% | 65.6% | 77.3% |
| Margen Operativo | 54.7% | 44.5% | 50.7% | 47.7% | 35.7% | 55.4% | 38.1% | 38.6% | 36.0% | 43.8% |
| Margen EBITDA | 57.5% | 47.3% | 53.2% | 50.1% | 38.3% | 58.0% | 41.2% | 40.9% | 38.0% | 44.9% |
| Margen Neto | 34.3% | 22.2% | 38.5% | 35.8% | 27.6% | 42.4% | 29.5% | 29.6% | 27.7% | 34.6% |
| Margen FCF | 33.4% | 22.2% | 37.7% | 28.7% | 36.0% | 50.4% | 38.0% | 26.9% | 29.1% | 27.4% |
| Tasa Impositiva Efectiva | 37.3% | 50.2% | 24.0% | 24.9% | 22.8% | 23.5% | 22.6% | 23.2% | 23.0% | 20.9% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $1.23 | $0.89 | $1.69 | $1.39 | $1.69 | $2.30 | $2.02 | $1.76 | $2.11 | $1.91 |
| Dividendo por Acción | $0.34 | $0.40 | $0.46 | $0.51 | $0.53 | $0.56 | $0.66 | $0.72 | $0.75 | $0.80 |
| Acciones en Circulación (Básicas) | $140.4M | $150.8M | $173.7M | $167.8M | $165.4M | $164.5M | $194.7M | $202.6M | $199.9M | $197.0M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Rentabilidad
| Rentabilidad sobre capital | 11.01% |
| Rentabilidad sobre capital invertido | 1.94% |
| Rentabilidad sobre activos | 1.94% |
| Margen bruto | 78.54% |
| Margen operativo | 43.58% |
| Margen neto | 34.29% |
Salud financiera
| Deuda / Patrimonio | 0.20 |
| Ratio corriente | 2.44 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 22.04 | 25.83 | 9.45 | 11.36 | 14.98 | 12.55 | 14.52 | 13.06 | 14.08 | 11.53 |
| P/VC | 2.94 | 1.59 | 1.21 | 1.31 | 1.24 | 1.45 | 1.26 | 1.35 | 1.43 | 1.27 |
| P/V | 7.55 | 5.76 | 3.64 | 4.08 | 4.14 | 5.33 | 4.28 | 3.87 | 3.90 | 3.98 |
| Margen Bruto | 90.5% | 82.2% | 83.5% | 80.7% | 71.4% | 93.7% | 82.6% | 73.0% | 65.6% | 77.3% |
| Margen Operativo | 54.7% | 44.5% | 50.7% | 47.7% | 35.7% | 55.4% | 38.1% | 38.6% | 36.0% | 43.8% |
| Margen Neto | 34.3% | 22.2% | 38.5% | 35.8% | 27.6% | 42.4% | 29.5% | 29.6% | 27.7% | 34.6% |