Trade Simmons First National Corp - SFNC CFD

Simmons First National Company profile

About Simmons First National Corporation

Simmons First National Corporation is a financial holding company. The Company, through its lead subsidiary bank, Simmons Bank, provides banking and other financial products and services in markets located in Arkansas, Illinois, Kansas, Missouri, Oklahoma, Tennessee and Texas. Simmons Bank offers commercial banking products and services to business and other corporate customers. Simmons Bank extends loans for a range of corporate purposes, including financing commercial real estate, construction of properties, commercial and industrial uses, acquisition and equipment financings, and other general corporate needs. Simmons Bank also engages in small business administration (SBA) and agricultural finance lending, and it offers corporate credit card products, as well as corporate deposit products and treasury management services. In addition, Simmons Bank offers a variety of consumer banking products and services. It operates a network of approximately 198 financial centers.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Simmons First National Corporation interest income decreased 12% to $671.1M. Net interest income after loan loss provision decreased 2% to $624.2M. Net income applicable to common stockholders increased 6% to $271.1M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% decrease of 14% to 2.89%, Net Interest Spread, Total -% decrease of 13% to 2.75%.

Equity composition

Common Stock Class A $.01 Par, 2/11, 60M auth.,17,281,099 issd. Insiders & Strategic holders own 0.61%. PO:6/93, 805,000 shares @ $22. 5/03, 2-for-1 stock split; 12/96, 3-for-2 stock split; 6/92 & 3/95, 100% stock dividend. 8/97,Co. acquired First Bank of Arkansas, Searcy and Russellville, Arkansas.