Simmons First National Corp (SFNC) Reports Q4 EPS of $0.97 Ex-Items

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Go back to Simmons First National Corp (SFNC) Reports Q4 EPS of $0.97 Ex-Items

Simmons Reports Fourth Quarter 2017 Earnings

January 22, 2018 5:58 PM EST

PINE BLUFF, Ark., Jan. 22, 2018 (GLOBE NEWSWIRE) -- Simmons First National Corporation (NASDAQ: SFNC) today announced net income available to common shareholders of $18.9 million, or $0.43 per diluted share, for the quarter ended December 31, 2017, compared to $27.0 million, or $0.85 per diluted share, for the same period in 2016.  Included in fourth quarter 2017 results was $14.2 million in merger-related and branch right-sizing costs, a $5.0 million donation to Simmons Foundation and a one-time tax adjustment of $11.5 million.

As a result of the Tax Cuts and Jobs Act that was signed into law on December 22, 2017, the Company was... More