Simmons First National Corporation Announces Common Stock Repurchase Program
Simmons First National Corporation (NASDAQ: SFNC) announced a new $175 million stock repurchase program authorized by its Board of Directors on Feb. 17, 2026.
Rhea-AI Summary
Simmons First National Corporation (NASDAQ: SFNC) announced a new $175 million stock repurchase program authorized by its Board of Directors on Feb. 17, 2026. The New Program replaces the prior program that terminated Jan. 31, 2026 and will terminate Jan. 31, 2028 unless ended sooner.
The company may repurchase shares via open-market and privately negotiated transactions, including Rule 10b5-1 plans. Funding is expected from available liquidity, including cash on hand and future cash flow. Repurchases are at management's discretion and the program may be modified, suspended, or discontinued at any time.
Positive
- Authorized $175 million stock repurchase program
- Repurchases permitted through open market and private transactions
- Program allows use of Rule 10b5-1 plans
- Funding expected from cash on hand and future cash flow
- Program replaces prior plan that ended Jan 31, 2026
Negative
- No obligation to repurchase any shares under the program
- Program may be modified, suspended, or discontinued at any time
Key Figures
- Repurchase authorization
- $175 million
- Maximum Class A common stock buyback under new program
- Current share price
- $21.29
- Pre-announcement price level vs. new buyback plan
- 52-week range
- $17.00–$23.05
- 52-week low and high prior to buyback announcement
- Market capitalization
- $3,092,133,771
- Equity value before new repurchase program
- Program termination date
- January 31, 2028
- Scheduled end of new stock repurchase program
- Branch count
- More than 220 branches
- Operating footprint across six states
- Dividend history
- 116 consecutive years
- Years Simmons has paid cash dividends
- Founding year
- 1903
- Year Simmons Bank was founded
Historical Context
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Leadership changes and new private banking and wealth team additions.
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Q4 net income, EPS of $0.54, and margin/efficiency improvements.
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Announcement of Q4 2025 earnings release date and conference call details.
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Quarterly dividend of $0.2125 per share with a 1% increase.
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Large reported loss from balance sheet repositioning despite positive adjusted metrics.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
stock repurchase program financial
class a common stock financial
rule 10b5-1 programs regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Board of Directors authorizes new
Under the New Program, the Company may repurchase shares of its common stock through open market and privately negotiated transactions, including, but not limited to, utilizing Rule 10b5-1 programs, or otherwise. The timing, pricing, and amount of any repurchases under the New Program will be determined by the Company's management at its discretion based on a variety of factors, including, but not limited to, trading volume and market price of the Company's common stock, corporate considerations, the Company's working capital and investment requirements, general market and economic conditions, and legal requirements. The New Program does not obligate the Company to repurchase any common stock and may be modified, discontinued, or suspended at any time without prior notice. The Company anticipates funding for the New Program to come from available sources of liquidity, including cash on hand and future cash flow. The New Program will terminate on January 31, 2028 (unless terminated sooner).
Simmons First National Corporation
Simmons First National Corporation (NASDAQ: SFNC) is a Mid-South based financial holding company that has paid cash dividends to its shareholders for 116 consecutive years. Its principal subsidiary, Simmons Bank, operates more than 220 branches in
Forward-Looking Statements
Some of the statements in this news release may not be based on historical facts and should be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by reference to future periods or by the use of forward-looking terminology, such as "believe," "budget," "expect," "foresee," "anticipate," "intend," "indicate," "target," "estimate," "plan," "project," "continue," "contemplate," "positions," "prospects," "predict," or "potential," by future conditional verbs such as "will," "would," "should," "could," "might" or "may," or by variations of such words or by similar expressions. These forward-looking statements include, without limitation, statements relating to Simmons' future growth, profitability, and stock repurchase program. Any forward-looking statement speaks only as of the date of this news release, and Simmons undertakes no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date of this news release. By nature, forward-looking statements are based on various assumptions and involve inherent risk and uncertainties. Various factors, including, but not limited to, changes in economic conditions, credit quality, interest rates, loan demand, deposit flows, the assumptions used in making the forward-looking statements, the securities markets generally and the price of Simmons common stock specifically, could cause actual results to differ materially from those contemplated by the forward-looking statements. Additional factors are included in Simmons First National Corporation's Forms 10-K for the year ended December 31, 2024, and 10-Q for the quarter ended September 30, 2025, which have been filed with, and are available from, the
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SOURCE Simmons First National Corporation
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