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Simmons First National Corp  (SFNC)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 
Price: $20.7500 $0.02 0.096%
Day's High: $21.22 Week Perf: 5.6 %
Day's Low: $ 20.69 30 Day Perf: 25.68 %
Volume (M): 573 52 Wk High: $ 21.57
Volume (M$): $ 11,898 52 Wk Avg: $17.86
Open: $20.77 52 Wk Low: $13.36



 Market Capitalization (Millions $) 2,602
 Shares Outstanding (Millions) 125
 Employees 1,946
 Revenues (TTM) (Millions $) 749
 Net Income (TTM) (Millions $) 358
 Cash Flow (TTM) (Millions $) 79
 Capital Exp. (TTM) (Millions $) 32

Simmons First National Corp

Historically, we utilized separately chartered community banks, supported by our lead bank to provide full service banking products and services across our footprint. On March 5, 2014, we announced the planned consolidation of our six smaller subsidiary banks into Simmons Bank. The subsidiary consolidation was completed in August 2014. We made the decision to consolidate in order to effectively meet the increased regulatory burden facing banks, to reduce certain operating costs and more efficiently perform operational duties.

Over the past 26 years, as we have expanded our markets and services, our growth strategy has evolved and diversified. We have used varying acquisition and internal branching methods to enter key growth markets and increase the size of our footprint.

Since 1990 we have completed 11 whole bank acquisitions, 5 bank branch deals, 1 bankruptcy (363) acquisition, 4 FDIC failed bank acquisitions and 4 Resolution Trust Corporation failed thrift acquisitions. These acquisitions added a total of 125 branches.

In December 2009, we completed a secondary stock offering by issuing a total of 3,047,500 shares of common stock, including the over-allotment, at a price of $24.50 per share, less underwriting discounts and commissions. The net proceeds of the offering after deducting underwriting discounts and commissions and offering expenses were approximately $70.5 million. The additional capital positioned us to take advantage of unprecedented acquisition opportunities through FDIC-assisted transactions of failed banks.
Merger and Acquisition activities are an important part of the Company’s growth strategy. We intend to focus our near term acquisition strategy on traditional acquisitions. We continue to believe that the challenging economic environment combined with more restrictive bank regulatory reforms will cause many financial institutions to seek merger partners in the near to intermediate future. We also believe our community banking philosophy, access to capital and successful acquisition history position us as a purchaser of choice for community banks seeking a strong partner.

We expect that our target areas for acquisitions will continue to be banks operating in growth markets within the existing footprint of Arkansas, Kansas, Missouri and Tennessee markets as well as banks operating in identified expansion markets including Oklahoma, Texas and other areas. In addition, we will pursue financial service companies with specialty lines of business and branch acquisitions within the existing markets.

As consolidations continue to unfold in the banking industry, the management of risk is an important consideration in how the Company evaluates and consummates those transactions. The senior management teams of both our parent company and lead bank have had extensive experience during the past twenty-six years in acquiring banks, branches and deposits and post-acquisition integration of operations. We believe this experience positions us to successfully acquire and integrate banks.



   Company Address: 501 Main Street Pine Bluff 71601 AR
   Company Phone Number: 541-1000   Stock Exchange / Ticker: NASDAQ SFNC
   


Customers Net Income grew by SFNC's Customers Net Profit Margin grew to

29.37 %

12.77 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BAC        2.41% 
C      0% 
COF        1.84% 
JPM   -0.13%    
PNC        3.84% 
WFC        2.6% 
• View Complete Report
   



Simmons First National Corp

SFNC Reports Sharpe Decline of 7.305% in Revenue for First Quarter of 2024

Simmons First National Corp (SFNC) reported a decline in income for the fiscal period from January to March 31, 2024. The company's income fell by 13.89% to $0.31 per share, compared to $0.36 per share in the same period a year ago. However, the earnings per share (EPS) soared by 63.47% to $0.19 per share from the prior reporting season.
Furthermore, the revenue for SFNC decreased by 7.305% to $184.88 million from $199.45 million in the similar reporting season a year before. However, there was a sequential revenue increase of 10.33% from $167.57 million. In contrast, the overall Commercial Banks industry recorded a 1.79% rise in revenue relative to the Q1 of 2023 in the first quarter of 2024.

Simmons First National Corp

Simmons First National Corp Faces Tough Quarter with Revenue Decline and Profit Deterioration

Investors are closely watching Simmons First National Corp following their recent financial results for the October to December 31, 2023 time-frame. The company experienced a significant decline in revenue of -29.487% which ultimately led to a deterioration in their bottom-line by -66.73%. This resulted in a decrease in earnings per share (eps) from $0.57 in the preceding year to $0.19 in 2023.
Net profits for the fiscal period also fell by -75.7% from the corresponding period in the previous year. Operating earnings declined by -79.56% and operating margin shrunk to 11.6%, down from 40.01% in the fourth quarter of 2022. Despite these challenges, analysts noted a build-up in accounts receivable which could indicate rising demand.

Simmons First National Corp

Simmons First National Corp Shocks Investors with Unexpected EPS Plunge in Q3 of 2023

Simmons First National Corp, a leading commercial bank in the financial industry, experienced a significant decrease in earnings and profits during the fiscal span from July to September 30, 2023. Compared to the same period the previous year, the company's earnings per share plummeted by a staggering 41.27%, falling to $0.37 per share from $0.63. Additionally, profits declined by 19.57% from $0.46 per share. This decline in earnings and profits is in stark contrast to the rest of the Commercial Banks industry, which saw a rise in revenue during the same reporting season.
The revenue for Simmons First National Corp also faced a steep decline. It crumbled by 20.303% to $188.49 million from $236.51 million compared to the previous year. Sequentially, revenue deteriorated further by 9.446% from $208.15 million. These numbers indicate a significant decrease in the company's business performance.

Simmons First National Corp

Simmons First National Corp Shakes Up the Financial Sector with Astounding 119.05% Profit Surge in Q2 2023 Amidst a Competitive Market

Simmons First National Corp, a commercial bank, has announced its financial results for the April to June 30, 2023 interval. The company experienced an 8.741% increase in revenue to $208.15 million compared to $191.42 million in the same period last year. Furthermore, profitability rose by 119.05% to $0.46, compared to $0.21 in the previous year's quarter.
To fully understand these results, we need to analyze the performance of other commercial banks in the industry. It is evident that Simmons First National Corp falls short when compared to its peers, who announced a revenue increase of 16.18% relative to the same period last year. This indicates that other companies in the sector are outperforming Simmons First National Corp.






 

Simmons First National's Segments
 
 
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  Company Estimates  
  Revenue Outlook
Simmons First National does not provide revenue guidance.

Earnings Outlook
Simmons First National Corp does not provide earnings estimates.

 
Geographic Revenue Dispersion




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