Simmons First National Corporation (NASDAQ:SFNC) is set to announce second quarter earning results on Tuesday 21st July 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, SFNC to report 2Q20 income of $ 0.33 per share from revenue of $ 204.98 million.
For the full year, analysts anticipate top line of $ 852.97 million, while looking forward to income of $ 1.87 per share bottom line.
Previous Quarter Performance
Simmons First National Corporation unveiled income for the first quarter of $ 0.65 per share, from the revenue of $ 249.88 million. The quarterly earnings improved 27.45 percent while revenues improved 45.38 percent compared with the same quarter last year.
Street analysts expected Simmons First National Corporation to report income of $ 0.43 per share on revenue of $ 212.08 million for the first quarter. The bottom line results beat street analysts by $ 0.22 or 51.16 percent, at the same time, top line results outshined analysts by $ 37.80 million or 17.82 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of SFNC was $ 15.90, representing a 15.64 % increase from the 52 week low of $ 13.75 and a 41.74 % decrease over the 52 week high of $ 27.29.
The company has a market capital of $ 1.73 billion and is part of the Financial Services sector and Banks – Regional – US industry.
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Recent Analyst recommendations
On 17th June 2020, upgraded by Raymond James to Outperform from Market Perform rating.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.17 per share on April 27, 2020. The dividend were payable on July 6, 2020 to holders of record as of the close of business on June 15, 2020 and ex-dividend date on June 12, 2020.
Conference Call
Simmons First National Corporation will be hosting a conference call at 10:00 AM eastern time on 21st July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.simmonsbank.com
Simmons First National Corporation operates as the holding company for Simmons Bank that provides financial products and services to individuals and businesses. It offers checking, savings, and time deposits; loan products, including consumer, real estate, commercial, agricultural, equipment, and SBA lending; personal and corporate trust services; credit cards; investment management products; insurance products; and securities and investment services. The company conducts banking operations through approximately 191 financial centers located in communities throughout Arkansas, Colorado, Kansas, Missouri, Oklahoma, Tennessee, and Texas.
