Simmons First National Corporation (SFNC)

Simmons First National Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	1,080	1,084	989.75	698.03	556.57	690.8
Interest Income on Investments	217.19	228.24	220.41	163.7	114.49	68.92
Total Interest Income	1,297	1,312	1,210	861.74	671.06	759.72
Interest Paid on Deposits	578.76	600.24	472.92	99.05	41.17	79.86
Interest Paid on Borrowings	78.51	83.36	87.12	45.37	38.36	40.12
Total Interest Expense	657.27	683.6	560.04	144.42	79.53	119.98
Net Interest Income	639.98	628.47	650.13	717.32	591.53	639.73
Net Interest Income Growth (YoY)	2.53%	-3.33%	-9.37%	21.26%	-7.54%	6.31%
Trust Income	34.04	32.81	30.2	31.9	31.17	30.39
Mortgage Banking Activities	7.77	8.08	7.73	10.52	21.8	34.47
Gain (Loss) on Sale of Assets	-	-	-	-	5.32	8.37
Gain (Loss) on Sale of Investments	-28.39	-28.39	-20.61	-0.28	15.5	54.81
Other Non-Interest Income	86.15	84.78	83.71	77.48	74.43	68.29
Total Non-Interest Income	150.14	147.17	151.57	166.15	191.45	239.4
Non-Interest Income Growth (YoY)	-1.81%	-2.90%	-8.77%	-13.22%	-20.03%	20.98%
Revenues Before Loan Losses	790.12	775.64	801.69	883.46	782.98	879.13
Provision for Loan Losses	63.38	46.79	42.03	14.07	-32.7	74.97
Revenue	726.75	728.85	759.66	869.39	815.68	804.16
Revenue Growth (YoY)	-2.98%	-4.06%	-12.62%	6.58%	1.43%	6.31%
Salaries and Employee Benefits	274.47	272.3	267.73	265.47	230.47	226.38
Occupancy Expenses	48.61	48.21	46.74	44.32	38.8	37.56
Federal Deposit Insurance	22.19	23.94	29.99	11.61	6.97	9.18
Selling, General & Administrative	61.03	60.71	56.94	64.85	57.99	56.63
Other Non-Interest Expense	151.94	148.41	147.69	147.35	131.87	131.71
Total Non-Interest Expense	558.96	554.26	549.98	534.6	468.22	463.21
EBT Excluding Unusual Items	167.79	174.59	209.69	334.79	347.47	340.95
Legal Settlements	-	-	4	-	-	-
Pretax Income	164.5	171.31	200.6	306.56	332.46	319.79
Income Tax Expense	18.29	18.62	25.55	50.15	61.31	64.89
Net Income	146.21	152.69	175.06	256.41	271.16	254.9
Preferred Dividends & Other Adjustments	-	-	-	-	0.05	0.05
Net Income to Common	146.21	152.69	175.06	256.41	271.11	254.85
Net Income Growth	-13.15%	-12.78%	-31.73%	-5.44%	6.38%	7.03%
Basic Shares Outstanding	125	125	126	124	110	110
Diluted Shares Outstanding	126	126	127	124	110	110
Shares Change (YoY)	-0.32%	-0.52%	1.85%	12.95%	0.02%	11.52%
EPS (Basic)	1.17	1.22	1.39	2.07	2.47	2.32
EPS (Diluted)	1.16	1.21	1.38	2.06	2.46	2.31
EPS Growth	-12.75%	-12.32%	-33.01%	-16.26%	6.49%	-4.15%
Dividend Per Share	0.630	0.840	0.800	0.760	0.720	0.680
Dividend Growth	-22.22%	5.00%	5.26%	5.56%	5.88%	6.25%
Effective Tax Rate	11.12%	10.87%	12.73%	16.36%	18.44%	20.29%

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q