Welcome to our dedicated page for Simmons 1St Natl news (Ticker: SFNC), a resource for investors and traders seeking the latest updates and insights on Simmons 1St Natl stock.
The SFNC news page on Stock Titan provides a focused view of recent developments at Simmons First National Corporation, a Mid-South based financial holding company whose principal subsidiary is Simmons Bank. As a commercial banking organization with a long history of dividend payments and a multi-state branch network, Simmons generates frequent news related to its banking operations, capital actions and corporate governance.
Visitors can review company-issued press releases covering topics such as quarterly earnings announcements, conference call schedules and financial performance updates. Recent communications have included details on third quarter results, balance sheet repositioning, and the timing of upcoming earnings releases and investor calls. The company’s disclosures also highlight its long record of paying cash dividends, including board decisions on quarterly dividend declarations and information about dividend growth over time.
News items further describe Simmons First National Corporation’s capital markets activities, including underwritten public offerings of Class A common stock and the pricing of fixed-to-floating rate subordinated notes, along with the intended use of proceeds for repaying existing subordinated notes and general corporate purposes. Corporate news has also addressed leadership transitions, such as the planned retirement of the chairman and chief executive officer and the appointment of a new president and chief executive officer, as well as executive benefit plan updates.
In addition, company releases reference Simmons Bank’s recognition in third-party rankings and its role in sponsored events, providing context on brand visibility and community engagement. By following the SFNC news feed, investors and observers can monitor how Simmons communicates its financial results, strategic balance sheet actions, funding decisions and leadership changes over time.
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.
Simmons First National (NASDAQ: SFNC) reported first quarter 2025 results with net income of $32.4 million and diluted earnings per share of $0.26, compared to $48.3 million and $0.38 in Q4 2024.
Key highlights include:
- Total revenue of $209.6 million and pre-provision net revenue of $65.0 million
- Net interest margin increased to 2.95%, marking the fourth consecutive quarterly increase
- Cost of deposits decreased to 2.44%, down 16 basis points
- Two specific credit relationships totaling $49.8 million moved to nonperforming status
The company faced challenges with two credit relationships: a $26.9 million downtown St. Louis hotel loan and a $22.9 million fast-food operator loan, resulting in $15.6 million of incremental provision expense. Additionally, a customer deposit fraud event led to a $4.3 million charge in noninterest expense.
Simmons First National (NASDAQ: SFNC) has scheduled its first quarter 2025 earnings release for April 16, 2025, after market close. The company will host a conference call to discuss the results on April 17, 2025, at 7:30 a.m. Central Time.
Simmons Bank, the company's principal subsidiary, operates over 220 branches across six states: Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas. The financial holding company has maintained a remarkable track record of paying cash dividends to shareholders for 116 consecutive years. In 2024, the bank received notable recognition from Newsweek as one of America's Best Regional Banks 2025, U.S. News & World Report as one of the 2024-2025 Best Companies to Work For in the South, and Forbes as one of America's Best-In-State Banks 2024 in Tennessee and America's Best-In-State Employers 2024 in Missouri.
Simmons Bank has inaugurated a new regional office in Jonesboro, Arkansas, marking an expansion of its presence in Northeast Arkansas. The 19,790-square-foot financial center features a full-service branch equipped with four drive-thru lanes and an ATM with deposit capabilities.
The facility will offer comprehensive financial solutions including personal, commercial, mortgage lending, and wealth management services. The project was completed with Flynco Construction as the contractor and Polk Stanley Wilcox Architects as the architectural firm of record.
The bank currently operates approximately 64 full-service branches throughout Arkansas and maintains a total of 222 branches across six states in the Mid-South, employing nearly 3,000 associates. The institution has been in operation since 1903.