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Money Center Banks

Simmons First National Corporation (SFNC) is a publicly traded bank holding company based in Pine Bluff, Arkansas. The company operates through its subsidiary, Simmons Bank, providing a range of financial services, including commercial and retail banking, mortgage banking, and asset management.

Regarding earnings, SFNC's latest full-year earnings report for 2022 showed net income of $212.9 million, representing a 20.1% increase from the previous year. The company's earnings per share (EPS) for the full year was $2.69, reflecting a 24.3% increase from 2021.

In terms of revenue growth, SFNC's total revenue for 2022 was $1.3 billion, an increase of 13.5% from the previous year. The company's net interest income, which is a key indicator of a bank's profitability, increased by 12.4% in 2022 compared to the previous year.

SFNC's return on equity (ROE), which measures a company's profitability in relation to its shareholder equity, stood at 12.1% for 2022, up from 10.6% in 2021. This indicates that the company is generating higher returns for its shareholders.

Furthermore, SFNC has a strong history of dividend payments, having increased its dividend for 14 consecutive years. As of the latest earnings report, the company's quarterly dividend was $0.30 per share, representing a yield of approximately 2.6% based on the current stock price.

In summary, Simmons First National Corporation has demonstrated consistent earnings growth, revenue growth, and a strong return on equity, making it an attractive investment option in the banking sector. The company's history of dividend payments and a solid dividend yield further enhances its investment appeal.

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