Simmons First National Corporation (NASDAQ:SFNC) is reporting third quarter financial results on Monday 19th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, SFNC is expected to report 3Q20 income of $ 0.40 per share from revenue of $ 208.62 million.
For the full year, analysts anticipate top line of $ 883.92 million, while looking forward to income of $ 2.04 per share bottom line.
Previous Quarter Performance
Simmons First National Corporation came out with income for the second quarter of $ 0.54 per share, from the revenue of $ 213.91 million, On adjusted basis, SFNC reported income for the quarter of $ 0.55 per share. The quarterly earnings fell 6.90 percent while revenues gained 12.96 percent compared with the same quarter last year. The consensus estimates are income of $ 0.33 per share from $ 204.98 million in revenue. The bottom line results beat street analysts by $ 0.22 or 66.67 percent, at the same time, top line results outshined analysts by $ 8.93 million or 4.36 percent.
Stock Performance
On Friday, shares of Simmons First National Corporation has traded high as $ 17.28 and has cracked $ 16.82 on the downward trend, reaching $ 17.17 with volume of 364.80 thousand shares.
According to the previous trading day, closing price of $ 17.17, representing a 24.87 % increase from the 52 week low of $ 13.75 and a 37.08 % decrease over the 52 week high of $ 27.29.
The company has a market capital of $ 1.87 billion and is part of the Financial Services sector and Banks – Regional – US industry.
Conference Call
Simmons First National Corporation will be hosting a conference call at 10:00 AM eastern time on 19th October 2020, to discuss its 3Q20 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.
