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May 3, 2024
Brian S. Davis
Chief Financial Officer
Home BancShares, Inc.
719 Harkrider, Suite 100
Conway, AR 72032
Re:Home BancShares, Inc.
Form 10-K for Fiscal Year Ended December 31, 2023
File No. 001-41093
Dear Brian S. Davis:
            We have limited our review of your filing to the financial statements and related
disclosures and have the following comments.
            Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
            After reviewing your response to this letter, we may have additional comments.
Form 10-K for Fiscal Year Ended December 31, 2023
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
Loan Portfolio, page 59
1.We note your disclosure on page 60 that commercial real estate (“CRE”) loans, including
construction/land development loans and agricultural loans, comprised 56.7% and 56.3%
of your total loans receivable at December 31, 2023 and 2022, respectively. We also note
the statement that you generally "will loan up to 85% of the value of improved property,
65% of the value of raw land and 75% of the value of land to be acquired and developed.”
Please revise your future periodic filings to further disaggregate the composition of your
CRE loan portfolio at each period end to more clearly disclose material geographic and
other concentrations to the extent material to an investor’s understanding of credit risk in
your CRE loan portfolio. Relevant other concentrations could include disaggregated
disclosure by borrower/collateral type (e.g., office, hotel, multifamily, hotel, etc.),
owner/non-owner occupied, average and range of loan-to-value ratios, etc.
2.In addition, we note your disclosure on page 27 that if there is a decline in economic
conditions, if you fail to accurately evaluate the credit of your CRE loans when

 FirstName LastNameBrian S. Davis
 Comapany NameHome BancShares, Inc.
 May 3, 2024 Page 2
 FirstName LastName
Brian S. Davis
Home BancShares, Inc.
May 3, 2024
Page 2
underwriting them, or if you do not continue to adequately monitor the performance of
these CRE loans, your lending portfolio could experience delinquencies, defaults, and
credit losses. Please revise your future periodic filings to clarify the specific risk
management policies, procedures or other actions undertaken by management that address
the current CRE environment.
Item 7A. Quantitative and Qualitative Disclosures About Market Risk, page 89
3.Please revise your future annual filings to present quantitative information related to your
market risk for the prior fiscal year. Please also address material changes in your market
risk exposures between the current and prior fiscal years. Refer to Item 305(a)(3) of
Regulation S-K for guidance.
            In closing, we remind you that the company and its management are responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or
absence of action by the staff.
            Please contact Katharine Garrett at 202-551-2332 or Michael Volley at 202-551-3437
with any questions.
Sincerely,
Division of Corporation Finance
Office of Finance