Simmons First National (SFNC) Securities (2010 - 2024)
Simmons First National's (SFNC) quarterly Securities came in at $6.7 billion in Q1 2024, down 10.46% on a YoY basis from $7.5 billion in Q2 2023, and down 2.09% quarter-over-quarter from $6.9 billion in Q4 2023.
Analysis
Simmons First National (SFNC) Securities (2010 - 2024) Analysis & Trends
Simmons First National (SFNC) has reported Securities for 15 consecutive years, with $6.7 billion the latest figure, recorded in Q1 2024.
- For the quarter ending Q1 2024, Securities fell 10.46% year-over-year to $6.7 billion; the trailing twelve-month figure through Mar 2024 stood at $6.7 billion (down 10.46% YoY), and the FY2023 full-year result was $6.9 billion, down 9.64% from the prior year.
- Securities declined to $6.7 billion in Q1 2024 per SFNC's latest filing, from $6.9 billion in the prior quarter.
- Across five years, Securities topped out at $8.6 billion in Q4 2021 and bottomed at $2.5 billion in Q1 2020.
- Historically, Securities has averaged $6.4 billion across 5 years, with a median of $7.3 billion in 2023.
- The sharpest annual moves came in 2021 and 2022: Securities surged 214.16% in 2021, then declined 11.92% in 2022.
- Over 5 years, Securities stood at $3.8 billion in 2020, then soared by 127.05% to $8.6 billion in 2021, then declined by 11.92% to $7.6 billion in 2022, then declined by 9.64% to $6.9 billion in 2023, then retreated by 2.09% to $6.7 billion in 2024.
- According to Business Quant data, Securities over the past three periods registered $6.7 billion, $6.9 billion, and $7.1 billion for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Securities (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 | - | 37.60 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 |
|---|---|
| Mar 31, 2024 | 6.73 Bn |
| Dec 31, 2023 | 6.88 Bn |
| Sep 30, 2023 | 7.10 Bn |
| Jun 30, 2023 | 7.34 Bn |
| Mar 31, 2023 | 7.52 Bn |
| Dec 31, 2022 | 7.61 Bn |
| Sep 30, 2022 | 7.72 Bn |
| Jun 30, 2022 | 8.16 Bn |
| Mar 31, 2022 | 8.20 Bn |
| Dec 31, 2021 | 8.64 Bn |
| Sep 30, 2021 | 8.34 Bn |
| Jun 30, 2021 | 7.49 Bn |
| Mar 31, 2021 | 5.14 Bn |
| Dec 31, 2020 | 3.81 Bn |
| Sep 30, 2020 | 2.65 Bn |
| Jun 30, 2020 | 2.55 Bn |
| Mar 31, 2020 | 2.52 Bn |
| Dec 31, 2019 | 3.33 Bn |
| Sep 30, 2019 | 2.40 Bn |
| Jun 30, 2019 | 2.39 Bn |