Core Insights - Simmons Bank announced a $25,000 donation to the Simmons First Foundation in honor of former board member Jay Burchfield [1] Company Overview - Simmons Bank is a wholly owned subsidiary of Simmons First National Corporation (NASDAQ: SFNC), which has paid cash dividends for 115 consecutive years [3] - The bank operates 233 branches across Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas, and was founded in 1903 [3] - In 2024, Simmons Bank was recognized by U.S. News & World Report as one of the Best Companies to Work For in the South and by Forbes as one of America's Best-In-State Banks in Tennessee [3] - In 2023, Simmons Bank was also recognized by Forbes as one of America's Best Midsize Employers and among the World's Best Banks for the fourth consecutive year [3] Leadership and Contributions - Jay Burchfield joined the Simmons board in 2015 and served on the Audit and Compensation Committees, contributing over 40 years of experience in the banking and financial services industry [2] - His leadership and strategic insights were highly valued, and his contributions to the company during his tenure were significant [4] Foundation and Community Impact - The Simmons First Foundation was established in 2014 to give back to communities vital to the bank's growth, focusing on improving children's lives through education and healthcare programs [5] - The foundation is led by former Simmons CEO Tommy May and has also established an endowment for environmental and conservation efforts [5]

PINE BLUFF, Ark., July 11, 2024 /PRNewswire/ -- Simmons Bank announced today a $25,000 donation to St. Peter Catholic Church in honor of former board member W. Scott McGeorge. The gift will support the repair and remodel of St. Raphael Church in Pine Bluff, which was established in 1932. Simmons Bank is a wholly owned subsidiary of Simmons First National Corporation (NASDAQ: SFNC), a Mid-South based financial holding company that has paid cash dividends for 115 consecutive years. Simmons Bank operates 233 b ...

Simmons First National Corporation SOURCE Simmons First National Corporation PINE BLUFF, Ark. , June 26, 2024 /PRNewswire/ -- Simmons First National Corporation (NASDAQ: SFNC) today announced it is scheduled to release second quarter 2024 earnings prior to the market opening on Wednesday, July 24, 2024. Management will conduct a live conference call to review this information beginning at 9:00 a.m. Central Time on Wednesday, July 24. Interested parties can listen to the call by dialing toll-free 1-844-481-2 ...

Core Insights - Simmons Bank has been recognized by Forbes as one of America's Best-In-State Banks 2024 in Tennessee, highlighting its commitment to fulfilling the unique financial needs of local communities [3] - The recognition reflects the bank's legacy of excellence, having served as a trusted financial advisor for over 120 years [3][5] - Simmons Bank has received multiple accolades from Forbes in recent years, including World's Best Banks and America's Best Midsize Employers [5] Company Overview - Simmons Bank is a wholly owned subsidiary of Simmons First National Corporation (NASDAQ: SFNC) and operates 233 branches across several states including Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas [6] - The bank has a long history of paying cash dividends for 115 consecutive years, indicating financial stability and commitment to shareholders [6] - In addition to the recent recognition, Simmons Bank was also named one of the Best Companies to Work For in the South by U.S. News & World Report for 2024-2025 [6] Research Methodology - Forbes partnered with Statista to conduct a survey of approximately 26,000 U.S. residents, which included assessing customer satisfaction and willingness to recommend financial institutions [4] - The survey results contributed to 80% of the scoring, while online text reviews accounted for 20% [2]

PINE BLUFF, Ark., June 17, 2024 /PRNewswire/ -- Simmons Bank was recently recognized by U.S. News & World Report, the global authority in rankings and consumer advice, as one of the 2024-2025 Best Companies to Work For in the South. The U.S. News Best Companies Ratings are calculated through how well companies support their employees with metrics including quality of pay and benefits, work-life balance, professional development, job and company stability, and physical and psychological comfort. This year, t ...

Core Points - Simmons Bank has opened a new financial center in Shelby County, Memphis, to enhance its service offerings and meet customer needs [1][2] - The new facility spans 2,133 square feet and includes a full-service branch with ATM capabilities, providing personal, commercial, mortgage lending, and wealth management services [2] - Simmons Bank is a subsidiary of Simmons First National Corporation, which has a long history of paying cash dividends for 115 consecutive years and operates 233 branches across multiple states [4] Company Overview - Simmons Bank ranks as the 9th largest bank in Tennessee based on deposit market share and operates five full-service branches in Memphis [1] - The bank has been recognized by Forbes as one of "America's Best Midsize Employers" and among the "World's Best Banks" for four consecutive years [4] - Founded in 1903, Simmons Bank emphasizes a client-centric approach in delivering comprehensive financial solutions [4]

Launched in 2021, the MBEP is a 12-week technical assistance and funding readiness program for minority entrepreneurs in central Arkansas. The program's curriculum is led by industry experts in both group learning and one-on-one sessions, and centers around seven key business disciplines, including sales and operations, financial management and accounting, human resources, marketing and communications, management and leadership, business growth strategies, and digital technology integration. Upon completing ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 SIMMONS FIRST NATIONAL CORPORATION (Exact name of registrant as specified in its charter) Arkansas 71-0407808 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 501 Main Street 71601 Pine Bluff (Zip Code) Arkansas (Address of principal executive offices) For the quarterly period ...

❑ ~$130 million of projected securities principal maturities per quarter3 Cash & Cash Equivalents Variable Rate Securities 0.65% 1.41% 2.10% 2.57% 3.06%3.31% 3.48% 0.47% 1.02% 1.58% 1.96% 2.37% 2.58% 2.75% 2.20% 3.65% 4.52% 4.99% 5.26% 5.33% 5.33% 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 Interest Bearing Deposits Cost of Deposits Avg Fed Funds Rate 50% deposit beta during this cycle3 | --- | --- | --- | --- | --- | |---------------------|------------------------|-------------|--------------------------- ...

Financial Data and Key Metrics Changes - The company reported loan growth above forecast, primarily driven by construction fundings, with expectations for continued growth in the low single-digit range for the year [11][12][15] - The net interest margin (NIM) is expected to remain range-bound in the first half of the year, with a gradual expansion anticipated in the second half [15][20] - Operating expenses are projected to be around 2% of average assets moving forward, with a long-term goal to improve the efficiency ratio [33] Business Line Data and Key Metrics Changes - Loan growth was notably strong in the construction sector, with a disciplined approach to credit and pricing being emphasized [11][12] - The company has seen success in interest-bearing deposits, particularly in money market and savings accounts, while also managing higher-cost wholesale funding [12][19] Market Data and Key Metrics Changes - The company is experiencing a stable credit environment, with classified loans remaining flat and past due loans decreasing from 24 basis points to 19 basis points [28] - There is a noted increase in the number of customers, although overall account balances are lower due to inflation and a shift towards higher interest rates [19] Company Strategy and Development Direction - The company is focused on maintaining solid principles of asset quality, capital growth, and flexibility in a challenging economic environment [40] - There is an emphasis on self-funding investments across the bank while managing expenses effectively [34] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding loan growth and deposit trends, particularly in light of recent favorable developments in non-interest bearing accounts [18][19] - The company is preparing for a more neutral interest rate environment, which is expected to benefit overall performance [40] Other Important Information - The company did not repurchase any shares in the first quarter, focusing instead on balance sheet optimization and prudent capital allocation [35] Q&A Session Summary Question: What is the outlook for loan growth? - Management indicated that loan growth was strong, particularly in construction, and expects a balanced outlook in the low single-digit range for the year [11][12] Question: How is the company addressing deposit growth? - The company has seen success in interest-bearing deposits and is focused on combating industry trends affecting net interest income [12][19] Question: What are the trends in credit quality? - Classified loans are flat, and past due loans have decreased, indicating a stable credit environment [28] Question: What is the expectation for operating expenses? - Operating expenses are expected to remain around 2% of average assets, with a focus on improving efficiency [33] Question: What is the company's strategy regarding share repurchases? - The company is prioritizing dividends and organic growth, with share repurchases being considered based on market conditions [35]