On April 1, 2026, Home BancShares, Inc. (NYSE: HOMB) announced the successful completion of its acquisition of Mountain Commerce Bancorp, Inc. (MCBI), marking a significant milestone in the company's growth strategy. The acquisition was executed through a series of mergers, with Mountain Commerce merging into Home and Mountain Commerce Bank merging into Centennial Bank, a subsidiary of Home BancShares. This strategic move is expected to enhance Home's market presence, particularly in Tennessee, where MCBI operates. As of December 31, 2025, MCBI reported approximately $1.77 billion in total assets, $1.49 billion in loans, and $1.54 billion in deposits. Under the terms of the merger agreement, Home will issue approximately 5.4 million shares of its common stock, valued at around $146 million, to MCBI shareholders, who will receive 0.85 shares of Home common stock for each share of MCBI they own at closing. This transaction is anticipated to create value for both companies' shareholders and expand Home's operational footprint, which now includes 78 branches in Florida, 75 in Arkansas, 59 in Texas, eight in Tennessee, five in South Alabama, and one in New York City. The swift completion of this acquisition reflects the favorable M&A environment and Home's commitment to meeting the financial needs of its customers in the Volunteer State. Leadership from both companies expressed optimism about the merger's potential to enhance service offerings and operational efficiencies. Financial advisors Piper Sandler and Hovde Group provided guidance throughout the transaction, ensuring a smooth integration process. This acquisition positions Home BancShares for continued growth and success in the competitive banking landscape.

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