Core Insights - Simmons First National (SFNC) reported a revenue of $174.84 million for the quarter ended September 2024, reflecting a year-over-year decline of 10.9% [1] - The earnings per share (EPS) for the quarter was $0.37, down from $0.39 in the same quarter last year, but exceeded the consensus estimate of $0.33 by 12.12% [1] - The reported revenue fell short of the Zacks Consensus Estimate of $200.75 million by 12.91% [1] Financial Performance Metrics - Efficiency Ratio stood at 75.7%, significantly higher than the average estimate of 67.3% from two analysts [1] - Net Interest Margin was reported at 2.7%, matching the average estimate of 2.7% [1] - Total interest earning assets (FTE) averaged $23.87 billion, slightly below the average estimate of $23.95 billion [1] - Net charge-offs to average loans were at 0.2%, consistent with the average estimate of 0.2% [1] - Net Interest Income (FTE) was $164.11 million, surpassing the average estimate of $163.15 million [1] - Total Non-Interest Income reached $45.52 million, exceeding the average estimate of $44.32 million [1] - Net Interest Income was reported at $157.71 million, compared to the average estimate of $156.48 million [1] Stock Performance - Shares of Simmons First National have increased by 5.6% over the past month, outperforming the Zacks S&P 500 composite's increase of 3.8% [2] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [2]

Group 1: Earnings Performance - Simmons First National reported quarterly earnings of $0.37 per share, exceeding the Zacks Consensus Estimate of $0.33 per share, but down from $0.39 per share a year ago, representing an earnings surprise of 12.12% [1] - The company posted revenues of $174.84 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 12.91%, and down from $196.21 million year-over-year [1] Group 2: Stock Performance and Outlook - Simmons First National shares have increased by approximately 17.4% since the beginning of the year, compared to the S&P 500's gain of 22.5% [2] - The current consensus EPS estimate for the upcoming quarter is $0.33 on revenues of $203.7 million, and for the current fiscal year, it is $1.32 on revenues of $796.85 million [4] Group 3: Industry Context - The Banks - Southeast industry, to which Simmons First National belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, indicating potential challenges for stock performance [5] - Another company in the same industry, Dime Community, is expected to report quarterly earnings of $0.41 per share, reflecting a year-over-year decline of 26.8% [5]

Core Insights - Simmons First National Corporation (SFNC) is expected to report earnings soon, with favorable conditions indicating a potential earnings beat [1] - Recent earnings estimate revisions show analysts have raised their estimates for SFNC, suggesting positive trends [1] - The Most Accurate Estimate for the current quarter is 34 cents per share, compared to the Zacks Consensus Estimate of 33 cents per share, resulting in a Zacks Earnings ESP of +4.08 [1] Importance of Earnings ESP - A positive Zacks Earnings ESP has historically led to positive surprises and market outperformance, with a 70% success rate in producing surprises and an average annual return of over 28% [2] - SFNC holds a Zacks Rank of 3 (Hold) and a positive Earnings ESP, making it a stock to consider ahead of earnings [2] - Recent revisions in earnings estimates indicate a favorable outlook for Simmons First National, suggesting a potential earnings beat in the upcoming report [2]

Featuring Arkansas alum and 13-time winner on LPGA Tour, Stacy Lewis, and Gameday Social Apparel's Jael Thorpe LITTLE ROCK, Ark., Oct. 17, 2024 /PRNewswire/ -- Tournament officials look to tee off Simmons Bank Championship week with the Women's Leadership Summit presented by Baptist Health, on Monday, October 21 at Pleasant Valley Country Club. The Summit will feature Stacy Lewis, a 13-time winner on the LPGA Tour, as a guest speaker and Jael Thorpe, Founder & CEO of Gameday Social Apparel, as the luncheon ...

Wall Street analysts forecast that Simmons First National (SFNC) will report quarterly earnings of $0.33 per share in its upcoming release, pointing to a year-over-year decline of 15.4%. It is anticipated that revenues will amount to $200.75 million, exhibiting an increase of 2.3% compared to the year-ago quarter. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over th ...

The market expects Simmons First National (SFNC) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 18, 2024, might help the stock move higher if these ...

LITTLE ROCK, Ark., Oct. 10, 2024 /PRNewswire/ -- Two more notable players, Rocco Mediate and David Toms, have declared their intention to compete in the inaugural Simmons Bank Championship, October 21-27, tournament officials announced today. PGA Tour Champions Charles Schwab Playoffs Logo (PRNewsfoto/Simmons Bank)PGA Tour Champions Charles Schwab Playoffs Logo (PRNewsfoto/Simmons Bank) Mediate, 61, won the Constellation FURYK & FRIENDS this past Sunday for his fifth career PGA TOUR Champions title since 20 ...

Women's Leadership Summit and Clinic, Folds of Honor Friday and Razorback Foundation Gameday Tailgate among events planned for tournament week Proud supporting sponsors earn title as "Arkansas Champions" First Tee announced as first nonprofit organization that will benefit from the tournament LITTLE ROCK, Ark., Oct. 1, 2024 /PRNewswire/ -- Officials of the Simmons Bank Championship presented by Stephens announced the schedule for the tournament, along with several exciting activities, at Media Day today. Th ...

PINE BLUFF, Ark., Sept. 30, 2024 /PRNewswire/ -- Simmons First National Corporation (NASDAQ: SFNC) today announced it is scheduled to release third quarter 2024 earnings prior to the market opening on Friday, October 18, 2024. Management will conduct a live conference call to review this information beginning at 9:00 a.m. Central Time on Friday, October 18. Interested parties can listen to the call by dialing toll-free 1-844-481- 2779 (North America only) and asking for the Simmons First National Corporatio ...

Pro Football Hall of Fame members Brett Favre, Ray Lewis and Eric Dickerson Highlight 20th Season of Little Rock Touchdown Club Presented by Simmons Bank LITTLE ROCK, Ark., Aug. 6, 2024 /PRNewswire/ -- Earlier today, the Little Rock Touchdown Club announced its 2024 speaker lineup at a news conference hosted at historic War Memorial stadium. Little Rock Touchdown Club president and Arkansas Sports Hall of Fame inductee David Bazzel announced that Arkansas Razorback Head Coach, Sam Pittman, will kick off the ...