Newz(AP) β Simmons First National Corp. (SFNC) on Thursday reported third-quarter net income of $47.1 million. The Pine Bluff, Arkansas-based bank said it had earnings of 32 cents per share.
Earnings, adjusted for non-recurring costs, came to 54 cents per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share.
The bank holding company posted revenue of $356.2 million in the period. Its revenue net of interest expense was $254.3 million, which fell short of Street forecasts. Five analysts surveyed by Zacks expected $254.4 million.
_____ 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 Source (INDB) on Thursday reported third-quarter net income of $89.7 million.
The Hanover, Massachusetts-based bank said it had earnings of $1.90 per share. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.84 per share. The holding company for Rockland Trust posted revenue of $345.7 million in the period.
Its revenue net of interest expense was $261.9 million. Access a Zacks stock report on INDB at https://www.zacks.com/ap/INDB Source LEBANON, Ohio (AP) β LEBANON, Ohio (AP) β LCNB Corp.
Summary from source