SFNC

MKT CAP:$3B

Simmons First National Corporation

Market Cap

$3B

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$21.29+$2.47 (+13.12%)

Apr 24, 2026

Company Details

Simmons First National Corporation operates as the holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses. It offers checking, savings, and time deposits; consumer, rea...

CEO

James Brogdon

IPO Date

Mar 14, 1985

Website

www.simmonsbank.com

Key Metrics TTM

Revenue

$569M

-60.4% YoY

Net Income

-$361M

EPS (Diluted)

-$2.56

Free Cash Flow

$410M

Revenue / Share

$3.90

Gross Margin

7.9%

Operating Margin

-89.5%

Net Margin

-63.5%

FCF Margin

72.1%

P/S

5.3x

P/E

—

Earnings Reports

Q1 2026

Apr 16, 2026

NEW

$302M-14.0%EPS $0.47

FY 2025

Feb 25, 2026

$627M-56.7%EPS -$2.95

Q4 2025

Feb 25, 2026

$359M-2.1%EPS $0.54

Q3 2025

Nov 6, 2025

-$446M-228.1%EPS -$4.00

Q2 2025

Aug 5, 2025

$354M-4.1%EPS $0.43

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$242M	$188M	$35M
Q3 22	$270M	$233M	$98M
Q4 22	$306M	$234M	$95M
Q1 23	$308M	$196M	$56M
Q2 23	$339M	$205M	$68M
Q3 23	$351M	$185M	$56M
Q4 23	$343M	$164M	$19M
Q1 24	$363M	$182M	$45M
Q2 24	$369M	$183M	$47M
Q3 24	$348M	$159M	$26M
Q4 24	$366M	$192M	$54M
Q1 25	$351M	$180M	$38M
Q2 25	$354M	$199M	$64M
Q3 25	-$446M	-$585M	-$724M
Q4 25	$359M	$233M	$94M
Q1 26	$302M	$197M	$56M

Valuation

Quarter	P/S	P/E
Q2 22	3.3x	12.8x
Q3 22	3.0x	12.6x
Q4 22	2.7x	10.9x
Q1 23	2.0x	9.3x
Q2 23	1.8x	8.2x
Q3 23	1.6x	8.9x
Q4 23	1.8x	13.8x
Q1 24	1.7x	14.4x
Q2 24	1.5x	14.5x
Q3 24	1.9x	21.4x
Q4 24	2.0x	18.6x
Q1 25	1.8x	17.7x
Q2 25	1.7x	14.9x
Q3 25	3.9x	—
Q4 25	3.9x	—
Q1 26	4.2x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$61M	$53M
Q2 22	$117M	$107M
Q3 22	$48M	$40M
Q4 22	$96M	$86M
Q1 23	$99M	$88M
Q2 23	$60M	$52M
Q3 23	-$38M	-$46M
Q4 23	$421M	$414M
Q1 24	$58M	$48M
Q2 24	$86M	$73M
Q3 24	$199M	$188M
Q4 24	$83M	$72M
Q1 25	$33M	$23M
Q2 25	$78M	$66M
Q3 25	$223M	$217M
Q4 25	$115M	$105M

Capital Expenditures

Quarter	CapEx
Q1 22	$7M
Q2 22	$10M
Q3 22	$9M
Q4 22	$10M
Q1 23	$10M
Q2 23	$8M
Q3 23	$8M
Q4 23	$7M
Q1 24	$10M
Q2 24	$13M
Q3 24	$12M
Q4 24	$11M
Q1 25	$10M
Q2 25	$11M
Q3 25	$7M
Q4 25	$10M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+14.4%	+73.3%
Q3 22	+29.0%	+56.6%
Q4 22	+43.1%	+36.5%
Q1 23	+53.3%	+106.9%
Q2 23	+40.0%	+30.4%
Q3 23	+29.7%	+70.3%
Q4 23	+12.3%	+53.7%
Q1 24	+17.5%	+25.9%
Q2 24	+9.0%	+19.3%
Q3 24	-0.8%	+9.6%
Q4 24	+6.7%	-3.6%
Q1 25	-3.2%	-1.5%
Q2 25	-4.1%	-9.9%
Q3 25	-228.1%	-14.0%
Q4 25	-2.1%	-15.2%
Q1 26	-14.0%	-21.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$4M	2.0%
Q2 22	$4M	1.7%
Q3 22	$3M	1.2%
Q4 22	$4M	1.3%
Q1 23	$5M	1.6%
Q2 23	$3M	0.9%
Q3 23	$2M	0.5%
Q4 23	$3M	0.7%
Q1 24	$4M	1.2%
Q2 24	$3M	0.8%
Q3 24	$1M	0.4%
Q4 24	$2M	0.7%
Q1 25	$5M	1.5%
Q2 25	$3M	0.9%
Q3 25	$4M	—
Q4 25	-$2M	-0.5%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$77M	$9M
Q3 22	$75M	$7M
Q4 22	$77M	$7M
Q1 23	$82M	$6M
Q2 23	$80M	$6M
Q3 23	$72M	$6M
Q4 23	$82M	$6M
Q1 24	$80M	$7M
Q2 24	$76M	$6M
Q3 24	$75M	$7M
Q4 24	$77M	$7M
Q1 25	$80M	$7M
Q2 25	$79M	$7M
Q3 25	$81M	$7M
Q4 25	$90M	—
Q1 26	$141M	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$966M	$4.3B	$5.3B
Q3 22	$681M	$3.9B	$4.6B
Q4 22	$683M	$3.9B	$4.5B
Q1 23	$525M	$3.8B	$4.3B
Q2 23	$746M	$3.6B	$4.3B
Q3 23	$606M	$3.4B	$4.0B
Q4 23	$614M	$3.2B	$3.8B
Q1 24	$603M	$3.0B	$3.6B
Q2 24	$574M	$2.9B	$3.5B
Q3 24	$604M	$2.7B	$3.3B
Q4 24	$687M	$1.4B	$2.1B
Q1 25	$634M	$2.5B	$3.1B
Q2 25	$645M	$2.4B	$3.0B
Q3 25	$644M	$2.3B	$2.9B
Q4 25	$380M	$3.3B	$3.6B
Q1 26	$343M	$3.2B	$3.5B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	131M	+15.7%	+20.1%
Q3 22	128M	-1.8%	+18.4%
Q4 22	128M	-0.6%	+11.0%
Q1 23	128M	+0.0%	+12.8%
Q2 23	127M	-0.1%	-2.6%
Q3 23	126M	-0.9%	-1.6%
Q4 23	126M	-0.4%	-1.3%
Q1 24	126M	-0.1%	-1.5%
Q2 24	126M	+0.1%	-1.3%
Q3 24	126M	+0.2%	-0.2%
Q4 24	126M	+0.2%	+0.3%
Q1 25	126M	+0.1%	+0.5%
Q2 25	126M	+0.1%	+0.5%
Q3 25	141M	+11.3%	+11.6%
Q4 25	145M	+3.2%	+15.0%
Q1 26	146M	+0.4%	+15.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$74.0K	3K
Q3 22	$82.7K	3K
Q4 22	$93.5K	3K
Q1 23	$94.3K	3K
Q2 23	$103.6K	3K
Q3 23	$107.3K	3K
Q4 23	$105.0K	3K
Q1 24	$110.9K	3K
Q2 24	$112.9K	3K
Q3 24	$106.5K	3K
Q4 24	$112.0K	3K
Q1 25	$107.3K	3K
Q2 25	$108.3K	3K
Q3 25	-$136.4K	3K
Q4 25	$109.7K	3K
Q1 26	$92.3K	3K

Revenue / Employee