Simmons First National Earned $28.9M In Third Quarter

PINE BLUFF, AR — The bank holding company Simmons First National Corp. (SFNC) reported third-quarter earnings of $28.9 million Sunday.

The bank said it had earnings of 89 cents per share. Earnings, adjusted for non-recurring gains, were 86 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share.

The company posted revenue of $123.8 million in the period. Its adjusted revenue was $115.2 million.

Simmons First National shares have fallen roughly 3 percent since the beginning of the year. The stock has risen 22 percent in the last 12 months.

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