
SFNC Stock Forecast & Price Target
SFNC Analyst Ratings
Bulls say
Simmons First National Corp exhibited a positive outlook with a net interest margin (NIM) increase of 8 basis points quarter-over-quarter to 2.95%, surpassing consensus estimates of 2.90%. The company's end-of-period (EOP) loan growth reached 2% quarter-over-quarter annualized, driven primarily by commercial real estate (CRE) and mortgage warehouse activities, which were stronger than previously forecasted. Additionally, the commercial loan pipeline demonstrated impressive growth, with a 43% increase quarter-over-quarter, translating to an increase of $205 million in loans "ready to close," reaching a total of $757 million at a rate of 7.39%.
Bears say
Simmons First National Corp experienced a notable decline in borrowings and non-interest bearing (NIB) deposit balances, both decreasing by 24% and 3% respectively on a linked quarter basis, which may indicate tightening liquidity and reduced depositor confidence. Additionally, the company's earnings per share (EPS) miss was significantly impacted by increased loan loss provisions (LLP) expenses, detracting $0.10 from EPS, alongside higher operational costs. These factors collectively suggest potential challenges in maintaining financial stability and profitability, thus contributing to a negative outlook for the company's stock.
This aggregate rating is based on analysts' research of Simmons First National Corporation and is not a guaranteed prediction by Public.com or investment advice.
SFNC Analyst Forecast & Price Prediction
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