Simmons First National: Q1 Earnings Snapshot

PINE BLUFF, Ark. (AP) — PINE BLUFF, Ark. (AP) — Simmons First National Corp. (SFNC) on Wednesday reported first-quarter profit of $38.9 million.

The bank, based in Pine Bluff, Arkansas, said it had earnings of 31 cents per share. Earnings, adjusted for non-recurring costs, were 32 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 32 cents per share.

The bank holding company posted revenue of $365.8 million in the period. Its revenue net of interest expense was $195.1 million, which did not meet Street forecasts.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFNC at https://www.zacks.com/ap/SFNC

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up