Simmons First National (SFNC) Restructuring Costs (2010 - 2023)
Simmons First National's (SFNC) quarterly Restructuring Costs came in at $5000.0 in Q3 2023, down 99.65% on a YoY basis from $1.4 million in Q3 2022, and down 73.68% quarter-over-quarter from $19000.0 in Q2 2023.
Analysis
Simmons First National (SFNC) Restructuring Costs (2010 - 2023) Analysis & Trends
Simmons First National (SFNC) has reported Restructuring Costs for 14 consecutive years, with $5000.0 the latest figure, recorded in Q3 2023.
- For the quarter ending Q3 2023, Restructuring Costs fell 99.65% year-over-year to $5000.0; the trailing twelve-month figure through Jun 2024 stood at $5000.0 (down 99.83% YoY), and the FY2023 full-year result was $1.4 million, down 93.68% from the prior year.
- Restructuring Costs retreated to $5000.0 in Q3 2023 per SFNC's latest filing, from $19000.0 in the prior quarter.
- Across five years, Restructuring Costs topped out at $24.8 million in Q4 2019 and bottomed at $5000.0 in Q3 2023.
- Historically, Restructuring Costs has averaged $4.2 million across 5 years, with a median of $1.4 million in 2021.
- The sharpest annual moves came in 2019 and 2023: Restructuring Costs soared 3015.56% in 2019, then sank 99.9% in 2023.
- Over 5 years, Restructuring Costs stood at $24.8 million in 2019, then slumped by 97.06% to $731000.0 in 2020, then surged by 1759.23% to $13.6 million in 2021, then plunged by 99.74% to $35000.0 in 2022, then tumbled by 85.71% to $5000.0 in 2023.
- According to Business Quant data, Restructuring Costs over the past three periods registered $5000.0, $19000.0, and $1.4 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - |
| 10 | Simmons First National | 3.35 Bn | 2.74 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 5,000.00 |
| Jun 30, 2023 | 19,000.00 |
| Mar 31, 2023 | 1.40 Mn |
| Dec 31, 2022 | 35,000.00 |
| Sep 30, 2022 | 1.42 Mn |
| Jun 30, 2022 | 19.13 Mn |
| Mar 31, 2022 | 1.89 Mn |
| Dec 31, 2021 | 13.59 Mn |
| Sep 30, 2021 | 1.40 Mn |
| Jun 30, 2021 | 686,000.00 |
| Mar 31, 2021 | 233,000.00 |
| Dec 31, 2020 | 731,000.00 |
| Sep 30, 2020 | 902,000.00 |
| Jun 30, 2020 | 1.83 Mn |
| Mar 31, 2020 | 1.07 Mn |
| Dec 31, 2019 | 24.83 Mn |
| Sep 30, 2019 | 2.56 Mn |
| Jun 30, 2019 | 7.52 Mn |
| Mar 31, 2019 | 1.47 Mn |
| Dec 31, 2018 | 797,000.00 |