Simmons First National Corp (SFNC) Tops Q4 EPS by 18c

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Go back to Simmons First National Corp (SFNC) Tops Q4 EPS by 18c

Simmons First National Corporation Reports 2020 Earnings

January 26, 2021 8:30 AM EST

PINE BLUFF, Ark., Jan. 26, 2021 (GLOBE NEWSWIRE) -- Simmons First National Corporation (NASDAQ: SFNC) (the Company or Simmons), parent company of Simmons Bank, today announced net income of $254.9 million for the year ended December 31, 2020, compared to $237.8 million for 2019, an increase of $17.0 million, or 7.2%. Diluted earnings per share were $2.31 for 2020, a decrease of $0.10 or 4.2%, compared to the prior year. Included in the 2020 results were $9.4 million in net after-tax merger-related, early retirement program and net branch right-sizing costs and the gains on the sales of branches in Texas and Colorado. Excluding the impact of these items,... More