Simmons First National Corp (SFNC) Misses Q1 EPS by 11c

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Go back to Simmons First National Corp (SFNC) Misses Q1 EPS by 11c

Simmons Reports First Quarter Net Income of $22 Million

April 19, 2017 4:30 PM EDT

PINE BLUFF, Ark., April 19, 2017 (GLOBE NEWSWIRE) -- Simmons First National Corp. (NASDAQ: SFNC) today announced net income available to common shareholders of $22.1 million for the first quarter of 2017, a decrease of $1.4 million compared with the same quarter last year. Diluted earnings per share were $0.70, a decrease of $0.07.

Included in first quarter 2017 results were $412,000 in net after-tax merger-related and branch right-sizing costs. Excluding the impact of these items, core earnings were $22.5 million for the quarter and diluted core earnings per share were $0.71.

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