Simmons First National: 3Q Earnings Snapshot

PINE BLUFF, Ark. (AP) _ Simmons First National Corp. (SFNC) on Monday reported third-quarter profit of $55.2 million.

The bank, based in Pine Bluff, Arkansas, said it had earnings of 59 cents per share. Earnings, adjusted for one-time gains and costs, were 61 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.

The bank holding company posted revenue of $212.7 million in the period. Its revenue net of interest expense was $176.7 million, also beating Street forecasts. Three analysts surveyed by Zacks expected $175.2 million.

Simmons First National shares have dropped 10 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $25.64, a drop of 15 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFNC at https://www.zacks.com/ap/SFNC