Estados financieros detallados de Simmons First National Corporation (SFNC): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Simmons First National Corporation registró ingresos de $626.8M en el último ejercicio fiscal, con un CAGR de 5 años del -8.6%.
Márgenes de los últimos 12 meses: margen bruto 13.5%, margen operativo -85.9%, margen neto -61.3%. El flujo de caja libre creció a un CAGR del 17.5% en 5 años.
Al precio actual de $22.81, SFNC presenta beneficios negativos (P/E no significativo) y un ROE del -10.21%. La capitalización bursátil es de $3.3B.
Cuenta de Resultados (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | $429.1M | $521.6M | $810.2M | $972.0M | $980.9M | $847.9M | $1.02B | $1.34B | $1.45B | $626.8M |
| Coste de Ventas | $41.9M | $66.5M | $166.3M | $224.6M | $195.0M | $48.3M | $158.5M | $591.2M | $730.4M | $590.4M |
| Beneficio Bruto | $387.2M | $455.1M | $644.0M | $747.4M | $786.0M | $799.6M | $861.1M | $750.4M | $716.0M | $36.4M |
| I+D | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Generales y Administrativos | $143.9M | $169.2M | $233.9M | $248.7M | $271.1M | $275.5M | $327.5M | $340.1M | $335.4M | $367.6M |
| Gastos Operativos | $243.8M | $300.2M | $377.9M | $444.9M | $466.2M | $467.2M | $554.5M | $549.8M | $544.7M | $564.0M |
| Beneficio Operativo | $143.4M | $154.9M | $266.1M | $302.4M | $319.8M | $332.5M | $306.6M | $200.6M | $171.3M | -$527.7M |
| EBITDA | $160.2M | $176.0M | $294.5M | $338.7M | $368.8M | $379.7M | $355.5M | $248.5M | $217.4M | -$475.0M |
| Gastos por Intereses | $21.8M | $40.1M | $128.1M | $181.4M | $120.0M | $79.5M | $144.4M | $560.0M | $683.6M | $524.6M |
| Beneficio Antes de Impuestos | $143.4M | $154.9M | $266.1M | $302.4M | $319.8M | $332.5M | $306.6M | $200.6M | $171.3M | -$527.7M |
| Impuestos | $46.6M | $62.0M | $50.4M | $64.3M | $64.9M | $61.3M | $50.1M | $25.5M | $18.6M | -$130.1M |
| Beneficio Neto | $96.8M | $92.9M | $215.7M | $238.2M | $254.9M | $271.2M | $256.4M | $175.1M | $152.7M | -$397.6M |
| BPA | $1.58 | $1.34 | $2.34 | $2.42 | $2.32 | $2.47 | $2.07 | $1.38 | $1.22 | $-2.95 |
| BPA Diluido | $1.56 | $1.33 | $2.32 | $2.41 | $2.31 | $2.47 | $2.06 | $1.38 | $1.21 | $-2.95 |
| Acciones en Circulación (Diluidas) | $61.9M | $92.0M | $92.8M | $113.6M | $110.2M | $110.1M | $127.0M | $125.2M | $126.1M | $134.7M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | -$446.0M | $358.8M | $301.8M | $355.6M |
| Beneficio Bruto | -$584.7M | $233.5M | $197.2M | $231.1M |
| Beneficio Operativo | -$723.5M | $94.0M | $56.5M | $83.4M |
| EBITDA | -$713.5M | $146.7M | $66.5M | $93.3M |
| Beneficio Neto | -$562.8M | $78.1M | $68.5M | $66.7M |
| BPA | $-4.47 | $0.54 | $0.47 | $0.46 |
| BPA Diluido | $-4.00 | $0.54 | $0.47 | $0.46 |
Balance (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $290.2M | $601.4M | $838.4M | $1.00B | $3.47B | $1.65B | $682.9M | $614.2M | $687.5M | $380.4M |
| Inversiones a Corto | $1.16B | $1.59B | $2.15B | $3.29B | $3.47B | $7.11B | $3.85B | $3.15B | $1.40B | $3.27B |
| Cuentas por Cobrar | $27.8M | $43.5M | $49.9M | $62.7M | $72.6M | $73.0M | $102.9M | $122.4M | $123.2M | $104.1M |
| Inventario | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Corrientes | $1.48B | $2.23B | $3.04B | $4.35B | $7.02B | $8.84B | $4.64B | $3.89B | $2.21B | $3.75B |
| Inmovilizado Material | $199.4M | $287.2M | $295.1M | $492.4M | $441.7M | $483.5M | $548.7M | $570.7M | $585.4M | $561.2M |
| Fondo de Comercio | $348.5M | $842.7M | $845.7M | $1.06B | $1.08B | $1.15B | $1.32B | $1.32B | $1.32B | $1.32B |
| Activos Intangibles | $53.0M | $106.1M | $91.3M | $127.3M | $111.1M | $106.2M | $129.0M | $112.6M | $97.2M | $84.4M |
| Activos Totales | $8.40B | $15.06B | $16.54B | $21.26B | $22.36B | $24.72B | $27.46B | $27.35B | $26.88B | $24.54B |
| Cuentas por Pagar | $65.1M | $78.0M | $102.8M | $165.4M | $217.4M | $201.9M | $257.9M | 0 | 0 | 0 |
| Deuda a Corto | $115.0M | $197.4M | $95.8M | $150.1M | $299.1M | $185.4M | $160.4M | $68.0M | $37.1M | $21.4M |
| Pasivos Corrientes | $6.92B | $11.37B | $12.60B | $16.42B | $17.50B | $19.75B | $22.97B | $22.31B | $21.92B | $4.35B |
| Deuda a Largo | $333.6M | $1.45B | $1.70B | $1.69B | $1.72B | $1.72B | $1.23B | $1.34B | $1.11B | $620.0M |
| Pasivos Totales | $7.25B | $12.97B | $14.30B | $18.27B | $19.38B | $21.48B | $24.19B | $23.92B | $23.35B | $21.12B |
| Reservas | $454.0M | $514.9M | $674.9M | $848.8M | $901.0M | $1.09B | $1.26B | $1.33B | $1.38B | $864.3M |
| Patrimonio Neto | $1.15B | $2.08B | $2.25B | $2.99B | $2.98B | $3.25B | $3.27B | $3.43B | $3.53B | $3.42B |
| Deuda Total | $448.6M | $1.64B | $1.80B | $1.84B | $2.02B | $1.91B | $1.39B | $1.41B | $1.15B | $641.4M |
| Deuda Neta | -$999.0M | -$547.8M | -$1.19B | -$2.45B | -$4.92B | -$6.86B | -$3.15B | -$2.36B | -$935.8M | -$3.01B |
| Capital Circulante | -$5.44B | -$9.13B | -$9.56B | -$12.07B | -$10.48B | -$10.91B | -$18.33B | -$18.42B | -$19.72B | -$600.9M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $643.7M | $380.4M | $342.6M | $377.6M |
| Activos Totales | $24.21B | $24.54B | $24.69B | $24.78B |
| Pasivos Totales | $20.85B | $21.12B | $21.26B | $21.29B |
| Patrimonio Neto | $3.35B | $3.42B | $3.44B | $3.48B |
| Deuda Total | $690.2M | $641.4M | $771.2M | $1.30B |
Flujo de Caja (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | $96.8M | $92.9M | $215.7M | $238.2M | $254.9M | $271.2M | $256.4M | $175.1M | $152.7M | -$397.6M |
| Amortizaciones | $17.0M | $21.1M | $28.4M | $36.3M | $49.0M | $47.2M | $49.0M | $47.9M | $46.1M | $52.7M |
| Compensación en Acciones | $3.4M | $10.7M | $9.7M | $12.9M | $13.2M | $15.9M | $15.3M | $12.2M | $11.3M | $10.8M |
| Cambio en Capital Circulante | -$18.1M | -$18.7M | -$16.7M | $19.3M | $16.4M | -$71.1M | -$10.5M | $249.5M | $145.4M | $105.9M |
| Flujo de Caja Operativo | $91.1M | $114.6M | $227.0M | $256.1M | $202.5M | $277.8M | $322.2M | $541.0M | $425.9M | $461.2M |
| Inversiones (CapEx) | -$18.9M | -$34.2M | -$29.7M | -$67.8M | -$13.3M | -$47.9M | -$35.3M | -$33.1M | -$45.5M | -$38.1M |
| Adquisiciones | $106.4M | -$38.8M | 0 | $178.3M | 0 | $25.4M | $276.4M | 0 | 0 | $30.0M |
| Recompra de Acciones | -$30.9M | 0 | 0 | -$10.1M | -$113.3M | -$133.2M | -$111.1M | -$40.3M | 0 | 0 |
| Dividendos Pagados | -$28.8M | -$35.1M | -$55.6M | -$64.3M | -$74.6M | -$78.9M | -$94.1M | -$101.0M | -$105.4M | -$115.0M |
| Flujo de Caja Libre | $72.2M | $80.3M | $197.2M | $188.2M | $189.3M | $229.9M | $286.9M | $507.9M | $380.4M | $423.0M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | $223.4M | $114.7M | $40.3M | $144.6M |
| Inversiones (CapEx) | -$6.7M | -$10.0M | -$6.3M | -$19.0M |
| Flujo de Caja Libre | $216.7M | $104.7M | $34.0M | $125.5M |
| Dividendos Pagados | -$30.8M | -$30.8M | -$31.2M | -$31.1M |
| Compensación en Acciones | $3.9M | -$1.8M | $3.6M | $3.4M |
Crecimiento y Márgenes (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Ingresos (anual) | | +21.6% | +55.3% | +20.0% | +0.9% | -13.6% | +20.2% | +31.6% | +7.8% | -56.7% |
| Crecimiento Beneficio Neto (anual) | | -4.0% | +132.1% | +10.4% | +7.0% | +6.4% | -5.4% | -31.7% | -12.8% | -360.4% |
| Crecimiento BPA (anual) | | -15.2% | +74.6% | +3.4% | -4.1% | +6.5% | -16.2% | -33.3% | -11.6% | -341.8% |
| Cambio en Acciones (anual) | | +48.6% | +0.9% | +22.4% | -3.0% | -0.1% | +15.4% | -1.5% | +0.7% | +6.8% |
| Crecimiento FCF (anual) | | +11.2% | +145.5% | -4.6% | +0.5% | +21.5% | +24.8% | +77.0% | -25.1% | +11.2% |
| Margen Bruto | 90.2% | 87.3% | 79.5% | 76.9% | 80.1% | 94.3% | 84.5% | 55.9% | 49.5% | 5.8% |
| Margen Operativo | 33.4% | 29.7% | 32.8% | 31.1% | 32.6% | 39.2% | 30.1% | 15.0% | 11.8% | -84.2% |
| Margen EBITDA | 37.3% | 33.7% | 36.3% | 34.8% | 37.6% | 44.8% | 34.9% | 18.5% | 15.0% | -75.8% |
| Margen Neto | 22.6% | 17.8% | 26.6% | 24.5% | 26.0% | 32.0% | 25.1% | 13.0% | 10.6% | -63.4% |
| Margen FCF | 16.8% | 15.4% | 24.3% | 19.4% | 19.3% | 27.1% | 28.1% | 37.9% | 26.3% | 67.5% |
| Tasa Impositiva Efectiva | 32.5% | 40.0% | 18.9% | 21.2% | 20.3% | 18.4% | 16.4% | 12.7% | 10.9% | 24.7% |
Datos por Acción (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $1.17 | $0.87 | $2.12 | $1.66 | $1.72 | $2.09 | $2.26 | $4.06 | $3.02 | $3.14 |
| Dividendo por Acción | $0.46 | $0.38 | $0.60 | $0.57 | $0.68 | $0.72 | $0.74 | $0.81 | $0.84 | $0.85 |
| Acciones en Circulación (Básicas) | $61.3M | $92.0M | $92.3M | $113.6M | $109.9M | $109.9M | $127.0M | $125.2M | $125.5M | $134.7M |
Qué mirar en empresas de Financial Services
- Efficiency Ratio (≤55%) — Gastos operativos / ingresos. Bancos top por debajo del 55%.
- ROA (≥1%) — Cuánto ganan por cada euro de activos. En banca el ROE engaña por el apalancamiento.
- ROTCE (≥12%) — Rentabilidad sobre Capital Tangible. Descuenta goodwill e intangibles.
- Capital / Activos (proxy Tier 1) (≥8%) — Proxy del ratio de capital. FMP no expone Tier 1 regulatorio directo.
- P/B (1,0-1,5x) — Métrica clásica bancaria. <1x puede ser oportunidad o distress.
- Rentabilidad por dividendo sostenible (≥2%, <8%) — Bancos UE pagan 5-7% sin estrés. >8% es señal de distress.
Rentabilidad
| Rentabilidad sobre capital | -10.21% |
| Rentabilidad sobre capital invertido | -6.75% |
| Rentabilidad sobre activos | -1.41% |
| Margen bruto | 13.51% |
| Margen operativo | -85.86% |
| Margen neto | -61.28% |
Salud financiera
| Deuda / Patrimonio | 0.37 |
| Ratio corriente | 76.98 |
Ratios Clave (10 años)
| Año | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | 19.67 | 21.31 | 10.31 | 11.07 | 9.31 | 11.98 | 10.43 | 14.38 | 18.18 | -6.39 |
| P/VC | 1.65 | 1.26 | 0.99 | 1.02 | 0.80 | 1.00 | 0.84 | 0.72 | 0.79 | 0.74 |
| P/V | 4.44 | 5.04 | 2.75 | 3.13 | 2.42 | 3.83 | 2.69 | 1.85 | 1.92 | 4.05 |
| Margen Bruto | 90.2% | 87.3% | 79.5% | 76.9% | 80.1% | 94.3% | 84.5% | 55.9% | 49.5% | 5.8% |
| Margen Operativo | 33.4% | 29.7% | 32.8% | 31.1% | 32.6% | 39.2% | 30.1% | 15.0% | 11.8% | -84.2% |
| Margen Neto | 22.6% | 17.8% | 26.6% | 24.5% | 26.0% | 32.0% | 25.1% | 13.0% | 10.6% | -63.4% |