SFNC Q1 2023 Earnings — Simmons First National Corporation Revenue & Financial Results | Market Cap Arena

SFNCSimmons First National Corporation

$3B

Q1 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$308M+53.3% YoY

Gross Profit

$196M63.6% margin

Operating Income

$56M18.2% margin

Net Income

$46M14.8% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

+0.9%

Cash Flow

Operating Cash Flow

$99M

Free Cash Flow

$88M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$27.6B

Total Liabilities

$24.2B

Stockholders' Equity

$3.3B

Cash & Equivalents

$525M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$308M	$201M	+53.3%
Gross Profit	$196M	$205M	-4.3%
Operating Income	$56M	$79M	-29.1%
Net Income	$46M	$65M	-30.0%

Revenue Segments

Deposit Account

$12M39%

Credit and Debit Card

$8M25%

Fiduciary and Trust

$7M23%

Financial Service, Other

$2M7%

Mortgage Loans

$2M5%