NASDAQ$SFNC
Simmons First National Corp · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported an increase in net income and diluted EPS, driven by positive progression in key profitability metrics and operating leverage.
Simmons First National Corporation reported a net income of $40.8 million and diluted EPS of $0.32 for Q2 2024. Total revenue reached $197.2 million, with a net interest margin of 2.69%. The company saw positive credit quality trends and maintained strong capital and liquidity positions.
- Net income was $40.8 million and diluted EPS was $0.32.
- Total revenue reached $197.2 million.
- Net interest margin increased to 2.69%, up 3 bps.
- Credit quality trends were positive, with decreases in nonperforming and past due loans.
Headline financials
Revenue & EPS history
Simmons · Revenue · Quarterly
$197M
Revenue by segment
Simmons · $208M total across 2 segments · Q2 2023
- Net Interest Income$163M-11.8%78.4%
- Noninterest Income$45M+11.9%21.6%
Forward guidance
While there is no explicit forward guidance, the report suggests that the company is well-positioned for profitable growth in a lower interest rate environment due to its liability sensitivity and strong capital/liquidity.
Tailwinds
- Strong capital position
- Solid liquidity position
- Liability sensitive balance sheet
- Well-positioned for profitable growth in a lower interest rate environment
- Positive operating leverage driven by revenue growth
Headwinds
- Uncertainty concerning slower economic growth
- Uncertainty concerning the timing of lower interest rates
- Continued normalization of the credit environment from historical lows
- Changes in the macroeconomic conditions
- Increased activity in the loan portfolio
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2024
-0.8%
Avg return
Earnings day
-0.2%
Avg return
5 days after
+2.2%
Avg return
30 days after
42%
28 / 66 earnings
Positive
+10.6%
Q2 2019
Best reaction
-9.9%
Q4 2015
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.4% | +3.5% | +0.2% | |
| Q4 2025 | +8.9% | +3.8% | +11.4% | |
| Q3 2025 | +1.6% | -1.5% | -0.4% | |
| Q2 2025 | -0.9% | +0.0% | +2.3% | |
| Q1 2025 | -4.0% | -1.0% | +10.1% | |
| Q4 2024 | -1.6% | -0.8% | -3.6% | |
| Q3 2024 | -2.3% | +0.0% | +5.1% | |
| Q2 2024 | +1.4% | -1.1% | -0.9% | |
| Q1 2024 | -5.1% | -6.9% | -6.2% | |
| Q4 2023 | +6.0% | +6.4% | -1.5% | |
| Q3 2023 | -8.1% | -7.4% | +5.5% | |
| Q2 2023 | +0.6% | +0.5% | -11.0% | |
| Q1 2023 | -4.6% | +1.6% | +1.6% | |
| Q4 2022 | -5.9% | -5.0% | -1.8% | |
| Q3 2022 | -5.8% | -1.9% | -3.6% | |
| Q2 2022 | +0.9% | +1.4% | +13.2% | |
| Q1 2022 | -3.0% | -0.9% | +5.1% | |
| Q4 2021 | -2.7% | -2.1% | -2.1% | |
| Q3 2021 | -6.5% | -4.1% | -2.9% | |
| Q2 2021 | +1.3% | +0.8% | +5.5% | |
| Q1 2021 | -2.6% | +0.6% | +4.0% | |
| Q4 2020 | -1.9% | -6.6% | +12.1% | |
| Q3 2020 | -2.4% | +3.4% | +16.3% | |
| Q2 2020 | +7.2% | +9.3% | +6.8% | |
| Q1 2020 | -4.3% | -2.4% | -10.0% | |
| Q4 2019 | -2.9% | -4.8% | -4.3% | |
| Q3 2019 | +1.2% | +2.1% | +3.4% | |
| Q2 2019 | +10.6% | +11.4% | +7.0% | |
| Q1 2019 | -3.6% | -3.1% | -4.6% | |
| Q4 2018 | -4.6% | -5.2% | +3.4% | |
| Q3 2018 | -0.9% | -3.5% | +5.6% | |
| Q2 2018 | +0.6% | -3.8% | +0.5% | |
| Q1 2018 | +5.4% | +5.6% | +9.2% | |
| Q4 2017 | +0.5% | -0.1% | -0.3% | |
| Q3 2017 | -1.4% | -1.6% | -8.5% | |
| Q2 2017 | +1.9% | +3.1% | -1.2% | |
| Q1 2017 | +0.4% | +2.1% | -2.5% | |
| Q4 2016 | +3.5% | +3.7% | +2.8% | |
| Q3 2016 | -0.5% | +0.9% | +21.6% | |
| Q2 2016 | -1.9% | -4.2% | -0.6% | |
| Q1 2016 | -1.0% | — | — | |
| Q4 2015 | -9.9% | — | — | |
| Q3 2015 | +9.3% | — | — | |
| Q2 2015 | -3.7% | — | — | |
| Q1 2015 | -1.2% | — | — | |
| Q4 2014 | +2.9% | — | — | |
| Q3 2014 | -2.0% | — | — | |
| Q2 2014 | -5.1% | — | — | |
| Q1 2014 | +3.6% | — | — | |
| Q4 2013 | -1.5% | — | — | |
| Q3 2013 | +0.4% | — | — | |
| Q2 2013 | +0.1% | — | — | |
| Q1 2013 | +0.3% | — | — | |
| Q4 2012 | +1.0% | — | — | |
| Q3 2012 | +0.9% | — | — | |
| Q2 2012 | -0.7% | — | — | |
| Q1 2012 | -0.9% | — | — | |
| Q4 2009 | +2.8% | — | — | |
| Q1 2011 | +2.8% | — | — | |
| Q4 2011 | +2.8% | — | — | |
| Q3 2011 | -5.4% | — | — | |
| Q3 2010 | -5.4% | — | — | |
| Q2 2010 | -6.6% | — | — | |
| Q4 2010 | -6.6% | — | — | |
| Q2 2011 | -6.6% | — | — | |
| Q1 2010 | +0.1% | — | — |
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