Simmons 1St Natl Corp Stock Price, News & Analysis

Simmons First National Corporation (NASDAQ: SFNC) has announced the pricing of $325 million in Fixed-to-Floating Rate Subordinated Notes due 2035 at a rate of 6.25%. The notes were priced at par, with the offering expected to close around September 12, 2025.

The company plans to use the proceeds, combined with cash on hand, to fully repay its outstanding $330 million Fixed-to-Floating Rate Subordinated Notes due 2028. Keefe, Bruyette & Woods and Morgan Stanley are serving as joint book-running managers for the offering, with Piper Sandler, Raymond James, and Stephens Inc. acting as co-managers.

Simmons First National Corporation (NASDAQ: SFNC) has declared a quarterly cash dividend of $0.2125 per share, payable on October 1, 2025, to shareholders of record as of September 15, 2025. This represents a 1% increase from the previous year's dividend.

The indicated annualized cash dividend rate of $0.85 for 2025 reflects a ten-year compound annual growth rate of 6%. This marks Simmons' 116th consecutive year of paying dividends, making it one of only 25 U.S. public companies with 100+ years of uninterrupted dividend payments. The company has increased its dividend for 14 consecutive years, earning it the "Dividend Contender" designation from Dividend Power.

Simmons First National Corporation (NASDAQ: SFNC) announced that Chairman and CEO George Makris, Jr. will retire at the end of 2025. Current President Jay Brogdon will assume the CEO role and join the boards of directors effective January 1, 2026. Additionally, Marty Casteel, former Chairman, CEO, and President of Simmons Bank and current director, will become Chairman of both the Company and Simmons Bank.

Under Makris's decade-plus leadership, Simmons underwent significant geographic expansion and growth. Brogdon, who has served as President since January 2023, currently oversees revenue lines, finance, operations, IT, and corporate strategy. He joined Simmons in 2021 as CFO after 13 years at Stephens Inc. and four years at Deloitte.

Simmons Bank (NASDAQ: SFNC) has announced ticket sales for the Simmons Bank Championship presented by Stephens, a PGA TOUR Champions playoff event scheduled for October 20-26, 2025, at Pleasant Valley Country Club in Little Rock, Arkansas. The tournament, serving as the second round of the Charles Schwab Cup Playoffs, will feature the top 54 players competing for a $2.3 million prize pool.

Ticket options range from $30 daily admission to exclusive VIP experiences like the Arkansas Champions Club. The event offers various hospitality packages, including the Parker Lexus Lounge ($5,000 for 4-pack weekend tickets) and 16th Green Cabanas ($18,000 for 12-person weekend access). Military personnel receive complimentary tickets with verification through GovX.

Simmons First National Corporation (NASDAQ: SFNC) has announced the pricing of its public offering of 16,220,000 shares of Class A common stock at $18.50 per share, totaling $300,070,000. The company has also granted underwriters a 30-day option to purchase up to an additional 2,433,000 shares.

The offering, expected to close on July 23, 2025, will be managed by joint book-runners Stephens Inc., Keefe, Bruyette & Woods, and Morgan Stanley, with Raymond James and Robert W. Baird as co-managers. Proceeds will be used for general corporate purposes, including potential investments in Simmons Bank to support balance sheet repositioning and growth initiatives.

Simmons First National Corporation (NASDAQ: SFNC) reported strong Q2 2025 financial results with net income of $54.8 million and diluted EPS of $0.43, up from $32.4 million and $0.26 in Q1 2025. The bank achieved its fifth consecutive quarter of net interest margin growth, reaching 3.06%. Total revenue increased to $214.2 million, with net interest income up 5% to $171.8 million.

Key highlights include a 6 basis point increase in loan yields to 6.26%, an 8 basis point decrease in deposit costs to 2.36%, and a $233.1 million increase in low-cost customer deposits. Asset quality remained stable with a net charge-off ratio of 0.25%. The bank maintained strong capital ratios with a CET1 ratio of 12.36% and total risk-based capital ratio of 14.42%.

Simmons First National Corporation (NASDAQ: SFNC) has scheduled its second quarter 2025 earnings release for July 17, 2025, after market close. The company will host a conference call to discuss the results on July 18, 2025, at 7:30 a.m. Central Time.

Simmons Bank, the company's principal subsidiary, operates over 220 branches across six states in the Mid-South region. The financial holding company has maintained a remarkable track record of paying cash dividends to shareholders for 116 consecutive years. The bank has received notable recognition, including being named one of America's Best Regional Banks 2025 by Newsweek and one of America's Best-In-State Banks 2024 in Tennessee by Forbes.

Simmons Bank (SFNC) has appointed David Kennedy as Executive Vice President and Chief Technology Officer. Kennedy brings over 25 years of experience in technology leadership and will oversee the bank's technology capabilities delivery and technical strategy. His responsibilities include managing innovation, infrastructure, cost reduction, and collaboration initiatives.

Prior to joining Simmons Bank, Kennedy served as EVP and CIO at a Southeastern regional bank, where he led corporate technology and innovation initiatives. He holds a computer science degree from Mississippi State University and completed additional education at Harvard Business School, The Pacific Institute, and the University of Louisiana at Lafayette.

Simmons First National Corporation (NASDAQ: SFNC) has declared a quarterly cash dividend of $0.2125 per share, payable on July 1, 2025, to shareholders of record as of June 13, 2025. This represents a 1% increase from the previous year's dividend. The indicated annualized cash dividend rate of $0.85 for 2025 reflects a ten-year compound annual growth rate of 6%.

This marks Simmons' 116th consecutive year of paying cash dividends and its 14th consecutive year of dividend increases, earning it the "Dividend Contender" designation. Notably, Simmons is one of only 26 U.S. publicly traded companies that have maintained uninterrupted dividend payments for over 100 years, and one of 343 companies among nearly 6,000 NYSE and NASDAQ listings to achieve the Dividend Contender status.