Simmons First National corrects Q1 23 net income; reports EPS $0.36, adjusted EPS $0.37

SIMMONS FIRST NATIONAL CORP

2023-Q1 EPS reported $0.36

Net income $45.6M, diluted EPS $0.36; adjusted net income $47.3M, adjusted diluted EPS $0.37.
Total revenue $223.7M, down 6% linked quarter; net interest income $177.8M, down 8% linked quarter.
Noninterest expense $143.2M flat linked quarter; efficiency ratio 62.3% (adjusted 59.4%).
Total loans $16.6B, up 3% linked quarter; total deposits $22.5B, flat linked quarter.
Correction: net income and adjusted net income on slide 6 of investor presentation revised; all other data unchanged.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.4

SIMMONS FIRST NATIONAL CORP reported financial results for 1st Quarter 2023.

Period: 1st Quarter 2023
Result: reported results

Exact text from the filing

The Corporation is filing this Amendment No. 1 to Form 8-K solely to correct certain inadvertent errors with respect to net income and adjusted net income information set forth on slide 6 of the Investor Presentation. All other information contained in the Initial Form 8-K, including, among other items, the Corporation’s press release dated April 25, 2023, that was furnished as Exhibit 99.1 and incorporated by reference into Item 2.02 of the Initial Form 8-K, remains unchanged.

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Source: SEC EDGAR

accession 0001171843-23-002556

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