SFNC Q2 2024 Earnings — Simmons First National Corporation Revenue & Financial Results | Market Cap Arena

SFNCSimmons First National Corporation

$3B

Q2 2024 Earnings

Financial Services Banks - Regional

Income Statement

Revenue

$369M+9.0% YoY

Gross Profit

$183M49.5% margin

Operating Income

$47M12.7% margin

Net Income

$41M11.0% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

$86M

Free Cash Flow

$73M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$27.4B

Total Liabilities

$23.9B

Stockholders' Equity

$3.5B

Cash & Equivalents

$574M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$369M	$339M	+9.0%
Gross Profit	$183M	$205M	-10.7%
Operating Income	$47M	$68M	-31.7%
Net Income	$41M	$58M	-30.1%

Revenue Segments

Deposit Account

$12M37%

Fiduciary and Trust

$8M25%

Credit and Debit Card

$8M25%

Financial Service, Other

$2M7%

Mortgage Loans

$2M6%