On March 24, 2026, Home BancShares, Inc. announced that it has received the necessary approvals from the Board of Governors of the Federal Reserve System and the Arkansas State Bank Department for its applications to acquire Mountain Commerce Bancorp, Inc. This acquisition is significant as Mountain Commerce Bancorp is the holding company for Mountain Commerce Bank. The regulatory bodies have also approved the proposed merger of Mountain Commerce Bank with Centennial Bank, which is Home BancShares' wholly-owned bank subsidiary. The merger is expected to close early in the second quarter of 2026, pending the satisfaction of remaining closing conditions outlined in the merger agreement. This acquisition is anticipated to enhance Home BancShares' market presence and operational capabilities, potentially leading to increased profitability and shareholder value. The company has expressed confidence in the strategic benefits of this merger, which aligns with its growth strategy in the banking sector. Home BancShares has emphasized its commitment to maintaining strong governance and operational execution throughout this process. The approval marks a crucial step in expanding Home BancShares' footprint and enhancing its service offerings in the financial sector.

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