Latest news with #SimmonsFirstNational
Yahoo
23-07-2025
- Business
- Yahoo
Why Simmons First National (SFNC) Stock Is Down Today
What Happened? Shares of regional banking company Simmons First National (NASDAQ:SFNC) fell 4.3% in the morning session after the company announced the pricing of a public offering of its common stock. The regional bank priced an offering of 16.22 million shares of its Class A common stock at $18.50 per share, aiming to raise gross proceeds of approximately $300 million. This price represented a 7.9% discount to the stock's previous closing price, a factor that often puts downward pressure on a stock's value. The issuance of new shares can lead to dilution for existing shareholders, which means each existing share represents a smaller percentage of ownership in the company. Simmons stated it intends to use the net proceeds for general corporate purposes, which could include supporting a potential "balance sheet repositioning" and continued growth. The offering is expected to close on or about July 23, 2025. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Simmons First National? Access our full analysis report here, it's free. What Is The Market Telling Us Simmons First National's shares are not very volatile and have only had 5 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The previous big move we wrote about was 4 days ago when the stock gained 3.1% on the news that the company reported strong second-quarter 2025 financial results that showed significant growth in earnings and a key profitability metric. The regional bank announced net income of $54.8 million, or $0.43 per diluted share, a substantial increase from the $32.4 million, or $0.26 per share, reported in the first quarter. A key highlight for investors was the expansion of the bank's net interest margin, which is a core measure of bank profitability that compares the income generated from loans to the interest paid out on deposits. This metric rose to 3.06%, marking the fifth consecutive quarterly increase. The positive results were driven by higher yields on loans and a decrease in deposit costs for the third straight quarter. Simmons First National is down 9.2% since the beginning of the year, and at $19.71 per share, it is trading 22.8% below its 52-week high of $25.53 from November 2024. Investors who bought $1,000 worth of Simmons First National's shares 5 years ago would now be looking at an investment worth $1,156. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Business Insider
22-07-2025
- Business
- Business Insider
Simmons First National files $250M Class A common stock offering
17:02 EDT Simmons First National (SFNC) files $250M Class A common stock offering Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Yahoo
18-07-2025
- Business
- Yahoo
Simmons First National (SFNC) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2025, Simmons First National (SFNC) reported revenue of $214.18 million, up 8.6% over the same period last year. EPS came in at $0.44, compared to $0.33 in the year-ago quarter. The reported revenue represents a surprise of +0.37% over the Zacks Consensus Estimate of $213.4 million. With the consensus EPS estimate being $0.40, the EPS surprise was +10%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Simmons First National performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Total nonperforming assets: $166.72 million versus the two-analyst average estimate of $167.23 million. Efficiency Ratio: 62.8% versus the two-analyst average estimate of 63%. Net Interest Margin: 3.1% compared to the 3% average estimate based on two analysts. Total nonperforming loans: $157.16 million versus the two-analyst average estimate of $156.93 million. Total interest earning assets (FTE) - Average Balance: $23.33 billion versus the two-analyst average estimate of $23.37 billion. Annualized net charge offs to average loans: 0.3% versus the two-analyst average estimate of 0.3%. Net Interest Income - FTE: $178.25 million compared to the $175.27 million average estimate based on two analysts. Total Non-Interest Income: $42.35 million compared to the $44.73 million average estimate based on two analysts. Net Interest Income: $171.82 million versus $168.65 million estimated by two analysts on average. View all Key Company Metrics for Simmons First National here>>> Shares of Simmons First National have returned +7.1% over the past month versus the Zacks S&P 500 composite's +4.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Simmons First National Corporation (SFNC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
17-07-2025
- Business
- Yahoo
Simmons First National (NASDAQ:SFNC) Reports Sales Below Analyst Estimates In Q2 Earnings
Regional banking company Simmons First National (NASDAQ:SFNC) fell short of the market's revenue expectations in Q2 CY2025, but sales rose 8.6% year on year to $214.2 million. Its non-GAAP profit of $0.44 per share was 12.8% above analysts' consensus estimates. Is now the time to buy Simmons First National? Find out in our full research report. Simmons First National (SFNC) Q2 CY2025 Highlights: Net Interest Income: $171.8 million vs analyst estimates of $170.7 million (11.6% year-on-year growth, 0.7% beat) Net Interest Margin: 3.1% vs analyst estimates of 3% (37 basis point year-on-year increase, 6.5 bps beat) Revenue: $214.2 million vs analyst estimates of $217.1 million (8.6% year-on-year growth, 1.4% miss) Efficiency Ratio: 62.8% vs analyst estimates of 63.1% (in line) Adjusted EPS: $0.44 vs analyst estimates of $0.39 (12.8% beat) Market Capitalization: $2.45 billion Company Overview With roots dating back to 1903 and a presence across Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas, Simmons First National (NASDAQ:SFNC) is a regional bank holding company that provides banking and financial services to individuals and businesses. Sales Growth In general, banks make money from two primary sources. The first is net interest income, which is interest earned on loans, mortgages, and investments in securities minus interest paid out on deposits. The second source is non-interest income, which can come from bank account, credit card, wealth management, investing banking, and trading fees. Over the last five years, Simmons First National's demand was weak and its revenue declined by 2.1% per year. This wasn't a great result and is a sign of poor business quality. Long-term growth is the most important, but within financials, a half-decade historical view may miss recent interest rate changes and market returns. Simmons First National's recent performance shows its demand remained suppressed as its revenue has declined by 4.9% annually over the last two years. Note: Quarters not shown were determined to be outliers, impacted by outsized investment gains/losses that are not indicative of the recurring fundamentals of the business. This quarter, Simmons First National's revenue grew by 8.6% year on year to $214.2 million, missing Wall Street's estimates. Net interest income made up 78.6% of the company's total revenue during the last five years, meaning lending operations are Simmons First National's largest source of revenue. While banks generate revenue from multiple sources, investors view net interest income as the cornerstone - its predictable, recurring characteristics stand in sharp contrast to the volatility of non-interest income. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. Tangible Book Value Per Share (TBVPS) Banks are balance sheet-driven businesses because they generate earnings primarily through borrowing and lending. They're also valued based on their balance sheet strength and ability to compound book value (another name for shareholders' equity) over time. When analyzing banks, tangible book value per share (TBVPS) takes precedence over many other metrics. This measure isolates genuine per-share value by removing intangible assets of debatable liquidation worth. EPS can become murky due to acquisition impacts or accounting flexibility around loan provisions, and TBVPS resists financial engineering manipulation. Simmons First National's TBVPS grew at a sluggish 1.4% annual clip over the last five years. However, TBVPS growth has accelerated recently, growing by 5.8% annually over the last two years from $15.17 to $16.97 per share. Over the next 12 months, Consensus estimates call for Simmons First National's TBVPS to grow by 7.3% to $18.20, mediocre growth rate. Key Takeaways from Simmons First National's Q2 Results We enjoyed seeing Simmons First National beat analysts' net interest income, NIM, and EPS expectations this quarter. On the other hand, its revenue and tangible book value per share fell slightly short of Wall Street's estimates. Zooming out, we think this was a mixed quarter. The stock remained flat at $19.80 immediately following the results. Should you buy the stock or not? If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-07-2025
- Business
- Yahoo
Earnings To Watch: Simmons First National (SFNC) Reports Q2 Results Tomorrow
Regional banking company Simmons First National (NASDAQ:SFNC) will be reporting results this Thursday afternoon. Here's what you need to know. Simmons First National beat analysts' revenue expectations by 3% last quarter, reporting revenues of $216 million, up 7.2% year on year. It was a slower quarter for the company, with a significant miss of analysts' EPS estimates and a miss of analysts' tangible book value per share estimates. Is Simmons First National a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Simmons First National's revenue to grow 10.1% year on year to $217.1 million, a reversal from the 5.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.39 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Simmons First National has missed Wall Street's revenue estimates five times over the last two years. Looking at Simmons First National's peers in the banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Fulton Financial's revenues decreased 3.2% year on year, beating analysts' expectations by 1.9%, and FB Financial reported a revenue decline of 40.1%, falling short of estimates by 43.5%. FB Financial traded down 4.4% following the results. Read our full analysis of Fulton Financial's results here and FB Financial's results here. There has been positive sentiment among investors in the banks segment, with share prices up 8.3% on average over the last month. Simmons First National is up 6.6% during the same time and is heading into earnings with an average analyst price target of $21.60 (compared to the current share price of $19.44). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
