earnings
confidence high
sentiment neutral
materiality 0.70
Simmons First Q3 2022 EPS $0.63, revenue $236.6M up 5% QoQ; adjusted EPS $0.64
SIMMONS FIRST NATIONAL CORP
2022-Q3 EPS reported
$1.40
- Net income $80.6M ($0.63 diluted EPS); adjusted EPS $0.64.
- Total revenue $236.6M, up 5% QoQ; net interest margin (FTE) 3.34% vs 3.24% prior Q.
- Noninterest expense $138.9M, down 11% QoQ; efficiency ratio improved to 54.41%.
- $45M of common stock repurchased; total capital returned $69.2M including dividends.
- Loans up 3% to $15.6B; deposits up 1% to $22.1B; NPAs/total assets at 0.23%.