Sandler O'Neill Downgrades Simmons First National (SFNC) to Hold
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Simmons Announces 48 Percent Increase in Core Earnings
April 21, 2016 9:02 AM EDTPINE BLUFF, Ark., April 21, 2016 (GLOBE NEWSWIRE) -- Simmons First National Corporation (NASDAQ: SFNC) today announced core earnings of $23.2 million for the first quarter of 2016, an increase of $7.5 million, or 47.7 percent, compared with the same quarter last year. Diluted core earnings per share were $0.76, an increase of $0.06, or 8.6Â percent.
Including the non-core items, net income was $23.5 million for the first quarter of 2016, an increase of $14.8Â million, or 169.6 percent, compared with the same quarter last year. Diluted earnings per share were $0.77, an increase of $0.38, or 97.4 percent.
We believe that our operating results... More
