SFNC FY 2024 Earnings Report — Simmons First National Corporation Revenue & Financial Results | Market Cap Arena

Simmons First National CorporationSFNC

FY 2024 Earnings

Reported February 27, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2024	Prior Q	FY 2023	QoQ Change	YoY Change
Revenue	$1.4B	—	$1.3B	—	7.8%
Op. Income	$171M	—	$201M	—	-14.6%
Gross Margin	49.5%	—	55.9%	—	-6.4pp
Net Margin	10.6%	—	13.0%	—	-2.5pp
EPS (Diluted)	$1.21	—	$1.38	—	-12.3%
Free Cash Flow	$380M	—	$508M	—	-25.1%

Revenue Flow

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$730M
GROSS PROFIT	$716M
R&D Expenses	$0
Selling & Marketing	$27M
General & Administrative	$308M
SG&A Expenses	$335M
Other Expenses	$209M
Operating Expenses	$545M
Cost & Expenses	$1.3B
OPERATING INCOME	$171M
Interest Income	$1.3B
Interest Expense	$684M
Other Income/Expenses	$0
INCOME BEFORE TAX	$171M
Income Tax Expense	$19M
Net Income from Continuing Ops	$153M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$153M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$153M
D&A	$46M
EBIT	$171M
EBITDA	$217M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$1.4B
Cost of Revenue	$730M
GROSS PROFIT	$716M
R&D Expenses	$0
Selling & Marketing	$27M
General & Administrative	$308M
SG&A Expenses	$335M
Other Expenses	$209M
Operating Expenses	$545M
Cost & Expenses	$1.3B
OPERATING INCOME	$171M
Interest Income	$1.3B
Interest Expense	$684M
Other Income/Expenses	$0
INCOME BEFORE TAX	$171M
Income Tax Expense	$19M
Net Income from Continuing Ops	$153M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$153M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$153M
D&A	$46M
EBIT	$171M
EBITDA	$217M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$153M
Depreciation & Amortization	$46M
Stock-Based Compensation	$11M
Deferred Income Tax	-$3M
Other Non-Cash Items	$74M
Change in Working Capital	$145M
OPERATING CASH FLOW	$426M
Capital Expenditure	-$46M
Acquisitions (Net)	$0
Purchases of Investments	-$7M
Sales/Maturities of Investments	$633M
Other Investing Activities	-$211M
NET CASH FROM INVESTING	$370M
Net Debt Issuance	-$227M
Common Stock Repurchased	$0
Common Dividends Paid	-$105M
Other Financing Activities	-$391M
NET CASH FROM FINANCING	-$722M
FREE CASH FLOW	$380M
Net Change in Cash	$73M

Balance Sheet

Item	Amount
Cash & Equivalents	$687M
Short-Term Investments	$1.4B
Net Receivables	$123M
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$2.2B
PP&E (Net)	$585M
Goodwill	$1.3B
Intangible Assets	$97M
Long-Term Investments	$21.6B
Tax Assets	$0
Other Non-Current Assets	$1.1B
TOTAL NON-CURRENT ASSETS	$24.7B
TOTAL ASSETS	$26.9B
Account Payables	$0
Short-Term Debt	$37M
Deferred Revenue	$0
Other Current Liabilities	$21.9B
TOTAL CURRENT LIABILITIES	$21.9B
Long-Term Debt	$1.1B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$313M
TOTAL NON-CURRENT LIABILITIES	$1.4B
TOTAL LIABILITIES	$23.3B
Common Stock	$1M
Additional Paid-In Capital	$2.5B
Retained Earnings	$1.4B
Treasury Stock	$0
Accum. Other Comp. Income	-$361M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$3.5B
Minority Interest	$0
TOTAL EQUITY	$3.5B
TOTAL LIABILITIES & EQUITY	$26.9B
Total Debt	$1.1B
Net Debt	$461M