Simmons First National posts in-line earnings, revenue miss in third quarter

Simmons First National Corporation reported third quarter results that met earnings expectations while revenue came in slightly below analyst estimates. The bank's adjusted earnings per share of $0.54 for the quarter matched the analyst consensus, while revenue totaled $251.2 million, falling short of the $254.03 million estimate. Net interest margin expanded 8 basis points to 3.92% from 3.84% in the second quarter, driven by higher loan yields and lower deposit costs.

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