Simmons First National Corp (SFNC) Tops Q3 EPS by 23c

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Go back to Simmons First National Corp (SFNC) Tops Q3 EPS by 23c

Simmons Reports Third Quarter 2020 Earnings

October 19, 2020 8:30 AM EDT

PINE BLUFF, Ark., Oct. 19, 2020 (GLOBE NEWSWIRE) -- Simmons First National Corporation (NASDAQ: SFNC) (the Company or Simmons) today announced net income of $65.9 million for the quarter ended September 30, 2020, compared to $81.8 million for the same period in 2019, a decrease of $15.9 million, or 19.5%. Diluted earnings per share were $0.60, a decrease of $0.24, or 28.6%, compared to the same period in the prior year. Included in the third quarter of 2019 results was a one-time after-tax gain on the sale of Visa Inc. class B common stock of $31.7 million.

Included in third quarter 2020 results were $2.5 million in net after-tax... More