SFNC Q1 2024 Earnings — Simmons First National Corporation Revenue & Financial Results | Market Cap Arena

SFNCSimmons First National Corporation

$3B

Q1 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$363M+17.5% YoY

Gross Profit

$182M50.1% margin

Operating Income

$45M12.4% margin

Net Income

$39M10.7% margin

EPS (Diluted)

$0.31

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$48M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$27.4B

Total Liabilities

$23.9B

Stockholders' Equity

$3.4B

Cash & Equivalents

$603M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$363M	$308M	+17.5%
Gross Profit	$182M	$196M	-7.5%
Operating Income	$45M	$56M	-20.0%
Net Income	$39M	$46M	-14.7%

Revenue Segments

Deposit Account

$12M37%

Credit and Debit Card

$8M26%

Fiduciary and Trust

$7M23%

Mortgage Loans

$2M7%

Financial Service, Other

$2M7%