Magazine : Archives : 2nd Quarter 2021

How Banking’s Efficiency Leaders Do It

Nearly 13 years and countless acquisitions later, Johnny Allison still considers it to be one of the most significant events in the life of Home BancShares. Allison, the chairman and chief executive officer of the Conway, Arkansas-based bank holding company, is referring to a project — code name “B3: Build the Best Bank.” It set the $16.4 billion institution on a path to become one of the most efficient and profitable banking companies in the country. And it almost didn’t happen. “I came within a dollar of selling the company to a large bank out West,” Allison says. That other...