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Stock impact report

Simmons Reports First Quarter 2019 Earnings

Simmons First National Corporation (SFNC) 
Last simmons first national corporation earnings: 4/21 08:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.simmonsbank.com
Company Research Source: GlobeNewswire
PINE BLUFF, Ark., April 22, 2019 (GLOBE NEWSWIRE) -- Simmons First National Corporation (NASDAQ: SFNC) today announced net income of $47.7 million for the quarter ended March 31, 2019, compared to $51.3 million for the same period in 2018, a decrease of $3.6 million, or 7.1%. Diluted earnings per share were $0.51, a decrease of $0.04, or 7.3%, from the same period in 2018. Included in first quarter 2019 results was $1.4 million in net after-tax merger-related, early retirement program and branch right-sizing costs. Excluding the impact of these items, core earnings were $49.1 million for the quarter ended March 31, 2019, compared to $52.6 million for the quarter ended March 31, 2018, a decrease of $3.5 million, or 6.7%. Core diluted earnings per share were $0.53, a decrease of $0.04, or 7.0%, from the same period in 2018. “We had solid operating results in the first quarter. Revenue was affected by three significant items compared to the first quarter of 2018.  Accretion income wa Show less Read more
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