PINE BLUFF, Ark. (AP) _ Simmons First National Corp. (SFNC) on Thursday reported second-quarter profit of $27.5 million.
The Pine Bluff, Arkansas-based bank said it had earnings of 21 cents per share. Earnings, adjusted for non-recurring costs, were 52 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.
The bank holding company posted revenue of $245 million in the period. Its revenue net of interest expense was $225.3 million, also surpassing Street forecasts.
