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Simmons First National (Simmons First National) Net Income : $168.3 Mil (TTM As of Mar. 2024)


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What is Simmons First National Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Simmons First National's Net Income for the three months ended in Mar. 2024 was $38.9 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was $168.3 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Simmons First National's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $0.31.


Simmons First National Net Income Historical Data

The historical data trend for Simmons First National's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Simmons First National Net Income Chart

Simmons First National Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 238.17 254.90 271.16 256.41 175.06

Simmons First National Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.59 58.31 47.25 23.91 38.87

Simmons First National Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Simmons First National's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=200.603+-25.546+0+-2.8421709430404E-14
=175.1

Simmons First National's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=45.005+-6.134+0+0
=38.9

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $168.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Simmons First National  (NAS:SFNC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Simmons First National's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Simmons First National Net Income Related Terms

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Simmons First National (Simmons First National) Business Description

Traded in Other Exchanges
N/A
Address
501 Main Street, Pine Bluff, AR, USA, 71601
Simmons First National Corp is a financial holding company. The company through its subsidiaries is engaged in providing banking services including consumer, real estate and commercial loans, checking, savings and time deposits. The company's loan portfolio comprises construction, single-family residential and commercial loans; non-real estate loans, nonaccrual and past due loans; and credit card loans, student loans and other consumer loans. It also offers a range of products and services such as trust services, investments, agricultural finance lending, equipment lending, insurance, consumer finance and small business administration lending. All the business activity of the firm is functioned through the region of the United States.
Executives
Robert L Shoptaw director 21 RIVER RIDGE CIRCLE, LITTLE ROCK AR 72227
Stephen C Massanelli officer: EVP 501 MAIN STREET, PINE BLUFF AR 71601
Dean O. Bass director 1836 SPIRIT OF TEXAS WAY, CONROE TX 77301
James M Brogdon officer: EVP, CFO, Treasurer 501 MAIN STREET, PINE BLUFF AR 71601
Eugene Hunt director P.O. BOX 9588, PINE BLUFF AR 71611
George Jr Makris director
Stewart Bradley Yaney officer: EVP, Chief Credit Risk Officer 501 MAIN STREET, PINE BLUFF AR 71601
Edward Drilling director 1 GREENBRIER, ROAD, LITTLE ROCK AR 72202
Robert A Fehlman officer: EVP & CFO
Marty Casteel officer: EVP 501 MAIN STREET, PINE BLUFF AR 71601
Chad Rawls officer: EVP & Chief Credit Officer 900 S. SHACKLEFORD ROAD, SUITE 605, LITTLE ROCK AR 72211
Ann Madea officer: EVP & CIO 501 MAIN STREET, PINE BLUFF AR 71601
Paul D Kanneman officer: EVP 501 MAIN STREET, PINE BLUFF AR 71601
Julie L Stackhouse director 1112 CLUB VIEW TERRACE, FORT COLLINS CO 80524
Steven A Cosse director 200 PEACH ST., P O BOX 7000, EL DORADO AR 71730