SFNC Q2 2023 Earnings — Simmons First National Corporation Revenue & Financial Results | Market Cap Arena

SFNCSimmons First National Corporation

$3B

Q2 2023 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$339M+40.0% YoY

Gross Profit

$205M60.4% margin

Operating Income

$68M20.2% margin

Net Income

$58M17.2% margin

EPS (Diluted)

$0.46

QoQ Revenue Growth

+9.8%

Cash Flow

Operating Cash Flow

$60M

Free Cash Flow

$52M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$28.0B

Total Liabilities

$24.6B

Stockholders' Equity

$3.4B

Cash & Equivalents

$746M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$339M	$242M	+40.0%
Gross Profit	$205M	$188M	+8.7%
Operating Income	$68M	$35M	+97.8%
Net Income	$58M	$27M	+112.4%

Revenue Segments

Deposit Account

$13M39%

Credit and Debit Card

$8M24%

Fiduciary and Trust

$7M23%

Mortgage Loans

$2M7%

Financial Service, Other

$2M7%