Simmons First National Q2 Profit Up

(RTTNews) - Simmons First National Corp.(SFNC) posted net income for the second quarter of $6.6 million, or $0.40 per share, compared to $6.5 million or $0.38 per share in the previous year.

Core earnings for the latest second quarter were $6.4 million, compared with $6.5 million last year. On a per share basis, earnings were $0.39, up from $0.38 in the prior year period. On average, 3 analysts polled by Thomson Reuters expected the company to report earnings of $0.40 per share for the quarter. Analysts' estimates typically exclude special items.

The company's net interest income for the latest second quarter was $29.6 million, up from $27.3 million in the comparable quarter last year, while total non-interest income rose to $11.3 million from $11.1 million in the year-ago quarter.