Simmons First National (SFNC)

Company Profile

Simmons Bank is an Arkansas state-chartered bank that began in 1903. Through the decades, Simmons has developed a full suite of financial products and services designed to meet the needs of individual consumers and business customers alike. Simmons has grown steadily and today operates more than 200 branch locations throughout Arkansas, Illinois, Kansas, Missouri, Oklahoma, Tennessee and Texas. Simmons is the subsidiary bank for Simmons First National Corporation (NASDAQ: SFNC), a publicly traded bank holding company headquartered in Pine Bluff, Arkansas, with total consolidated assets of $22.3 billion as of Dec. 31, 2020.

Company profile

Ticker

SFNC

Exchange

NASDAQ

Website

www.simmonsbank.com

CEO

George Makris

Incorporated

Arkansas

Location

Arkansas

Fiscal year end

Dec 31

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

National Commercial Banks

JPMorgan Chase & Co. • Citigroup • U.S. Bancorp. • PNC Financial Services • Shinhan Financial • HSBC USA • Bank Of America • Regions Financial • Keycorp • Santander Holdings USA ...

SEC CIK

0000090498

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Simmons First Investment Group, Inc. • Simmons First Insurance Services, Inc. • Simmons First Properties, Inc. • Simmons First Insurance Services of TN, LLC • FS Providence PCC of Grenada, LLC • Providence PCC of Grenada, LLC • Simmons First Special Assets, Inc. • PSH LLC • Simmons First Auto, Inc. • Simmons First Investments, Inc. ...

IRS number

710407808

SFNC stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

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ARS

2022 FY

Annual report to shareholders

14 Mar 23

27 Feb 23

Correspondence with SEC

27 Jan 23

8-K

Departure of Directors or Certain Officers

25 Jan 23

8-K/A

Departure of Directors or Certain Officers

24 Jan 23

8-K

Results of Operations and Financial Condition

Simmons First National Corporation and Simmons Bank Announce Certain Executive Management Updates

19 Dec 22

Transcripts

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SFNC

Earnings call transcript

2022 Q4

24 Jan 23

SFNC

Earnings call transcript

2022 Q3

25 Oct 22

SFNC

Earnings call transcript

2022 Q2

21 Jul 22

SFNC

Earnings call transcript

2022 Q1

30 Apr 22

SFNC

Earnings call transcript

2021 Q4

27 Jan 22

SFNC

Earnings call transcript

2021 Q3

26 Oct 21

SFNC

Earnings call transcript

2021 Q2

27 Jul 21

SFNC

Earnings call transcript

2021 Q1

20 Apr 21

SFNC

Earnings call transcript

2020 Q4

26 Jan 21

SFNC

Earnings call transcript

2020 Q3

19 Oct 20

Latest ownership filings

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STEWART BRADLEY YANEY

JENNIFER BRYNN COMPTON

Financial summary

Financial statements Chart SFNC financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	682.12 mm	682.12 mm	682.12 mm	682.12 mm	682.12 mm	682.12 mm
Cash burn (monthly)	(no burn)	80.71 mm	32.38 mm	8.10 mm	(no burn)	(no burn)
Cash used (since last report)	n/a	242.31 mm	97.22 mm	24.30 mm	n/a	n/a
Cash remaining	n/a	439.81 mm	584.90 mm	657.82 mm	n/a	n/a
Runway (months of cash)	n/a	5.4	18.1	81.3	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

SFNC institutional ownership history Ownership history

67.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	224	237	-5.5%
Opened positions	26	32	-18.8%
Closed positions	39	32	+21.9%
Increased positions	70	83	-15.7%
Reduced positions	91	79	+15.2%

13F shares	Current	Prev Q	Change
Total value	1.79 tn	1.68 bn	+106547.5%
Total shares	85.21 mm	76.99 mm	+10.7%
Total puts	0.00	0.00
Total calls	2.20 k	0.00	NEW
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	18.95 mm	$408.87 bn	-0.2%
Vanguard	15.44 mm	$333.13 bn	+1.2%
Dimensional Fund Advisors	7.00 mm	$151.24 bn	+5.8%
STT State Street	6.03 mm	$131.19 bn	NEW
NTRS Northern Trust	5.52 mm	$119.04 bn	-3.1%
Geode Capital Management	2.40 mm	$51.72 bn	+3.0%
Fuller & Thaler Asset Management	2.26 mm	$48.90 bn	+37.8%
Simmons Bank	1.99 mm	$42.85 bn	-0.3%
BK Bank Of New York Mellon	1.60 mm	$34.49 bn	+9.1%
William Blair Investment Management	1.39 mm	$30.10 bn	-3.9%

Largest transactions	Shares	Bought/sold	Change
STT State Street	6.03 mm	+6.03 mm	NEW
Norges Bank	1.23 mm	+1.23 mm	NEW
Fuller & Thaler Asset Management	2.26 mm	+621.34 k	+37.8%
Eaton Vance Management	0.00	-447.14 k	EXIT
Dimensional Fund Advisors	7.00 mm	+384.80 k	+5.8%
Renaissance Technologies	306.26 k	+306.26 k	NEW
MS Morgan Stanley	1.32 mm	+299.00 k	+29.3%
Hotchkis & Wiley Capital Management	461.84 k	+256.44 k	+124.8%
BKD Wealth Advisors	0.00	-233.32 k	EXIT
Cambridge Investment Research Advisors	308.10 k	+226.73 k	+278.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

SFNC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
26 Feb 23	Stewart Bradley Yaney	SFNC Common Stock	Payment of exercise	Dispose F	No	No	22.4	210	4.70 k	13,655
26 Feb 23	Stewart Bradley Yaney	SFNC Common Stock	Option exercise	Acquire M	No	No	22.4	739	16.55 k	13,865
26 Feb 23	Stewart Bradley Yaney	RSU SFNC Common Stock	Option exercise	Dispose M	No	No	22.4	739	16.55 k	0
26 Feb 23	Matthew Reddin	SFNC Common Stock	Payment of exercise	Dispose F	No	No	22.4	698	15.64 k	38,868
26 Feb 23	Matthew Reddin	SFNC Common Stock	Option exercise	Acquire M	No	No	22.4	1,613	36.13 k	39,566
26 Feb 23	Matthew Reddin	RSU SFNC Common Stock	Option exercise	Dispose M	No	No	22.4	1,613	36.13 k	0
26 Feb 23	Chad Rawls	SFNC Common Stock	Payment of exercise	Dispose F	No	No	22.4	154	3.45 k	5,727
26 Feb 23	Chad Rawls	SFNC Common Stock	Option exercise	Acquire M	No	No	22.4	524	11.74 k	5,881
26 Feb 23	Chad Rawls	RSU SFNC Common Stock	Option exercise	Dispose M	No	No	22.4	524	11.74 k	0
26 Feb 23	George A Makris Iii	SFNC Common Stock	Payment of exercise	Dispose F	No	No	22.4	256	5.73 k	49,769