Simmons First National Corp (SFNC) Tops Q2 EPS by 18c

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Simmons Reports Second Quarter 2021 Earnings

July 27, 2021 8:00 AM EDT

Net income of $74.9 million, up 27 percent from the year ago quarter and up 11 percent compared to the first quarter of 2021Diluted EPS of $0.69, up 28 percent from the year ago quarter and up 11 percent compared to the first quarter of 2021Adjusted pre-tax, pre-provision income of $74.6 million, up 2 percent from first quarter 2021 levelsLoan production totaled $1.8 billion during the first half of 2021, on pace to significantly exceed production volume for full-year of 2020Total deposits of $18.3 billion, up $1.3 billion since year-end 2020 while deposits costs dropped 10 bps over the same periodImproved macroeconomic scenario models and sharp... More