Stock Analysis

Simmons First National Third Quarter 2022 Earnings: EPS Beats Expectations, Revenues Lag

NasdaqGS:SFNC
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Simmons First National (NASDAQ:SFNC) Third Quarter 2022 Results

Key Financial Results
  • Revenue: US$236.5m (up 11% from 3Q 2021).
  • Net income: US$80.6m (flat on 3Q 2021).
  • Profit margin: 34% (down from 38% in 3Q 2021).
    • The decrease in margin was driven by higher expenses.
  • EPS: US$0.63.
earnings-and-revenue-growth
NasdaqGS:SFNC Earnings and Revenue Growth October 27th 2022

All figures shown in the chart above are for the trailing 12 month (TTM) period

Simmons First National EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates by 7.1%.

Looking ahead, revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the Banks industry in the US.

Performance of the American Banks industry.

The company's shares are down 5.8% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Simmons First National that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.