For the quarter ended September 2024, Simmons First Nationwide (SFNC) reported income of $174.84 million, down 10.9% over the identical interval final yr. EPS got here in at $0.37, in comparison with $0.39 within the year-ago quarter.
The reported income represents a shock of -12.91% over the Zacks Consensus Estimate of $200.75 million. With the consensus EPS estimate being $0.33, the EPS shock was +12.12%.
Whereas traders scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics at all times supply a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders undertaking a inventory’s value efficiency extra precisely.
Right here is how Simmons First Nationwide carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:
- Effectivity Ratio: 75.7% versus the two-analyst common estimate of 67.3%.
- Web Curiosity Margin: 2.7% versus the two-analyst common estimate of two.7%.
- Whole curiosity incomes property (FTE) – Common Stability: $23.87 billion in comparison with the $23.95 billion common estimate primarily based on two analysts.
- Web charge-offs to common loans: 0.2% versus the two-analyst common estimate of 0.2%.
- Web Curiosity Earnings – FTE: $164.11 million in comparison with the $163.15 million common estimate primarily based on two analysts.
- Whole Non-Curiosity Earnings: $45.52 million in comparison with the $44.32 million common estimate primarily based on two analysts.
- Web Curiosity Earnings: $157.71 million versus $156.48 million estimated by two analysts on common.
View all Key Company Metrics for Simmons First National here>>>
Shares of Simmons First Nationwide have returned +5.6% over the previous month versus the Zacks S&P 500 composite’s +3.8% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out according to the broader market within the close to time period.
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Simmons First National Corporation (SFNC) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
