{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-002500","form_type":"8-K","ticker":"SFNC","cik":"0000090498","company_name":"SIMMONS FIRST NATIONAL CORP","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.737746+00:00","generated_at":"2026-06-16T18:02:20.611115+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Simmons First National Q1 net income $45.6M, EPS $0.36; NII down on deposit cost pressure","bullets":["Net income $45.6M ($0.36 diluted EPS) vs Q4 $83.3M ($0.65) and Q1 2022 $65.1M ($0.58).","Total revenue $223.7M, down 6% linked quarter; net interest income $177.8M, down 8% on higher deposit costs.","Uninsured deposits 23% of total deposits; additional liquidity 2.0x coverage, loan-to-deposit ratio 74%.","Credit quality stable: NPL coverage 324%, allowance to loans 1.25%, net charge-off ratio 0.03%.","Better Bank Initiative targets ~$15M annual cost savings, fully in run-rate by end of 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-002500","json":"https://secwatch.observer/filing/0001171843-23-002500.json","markdown":"https://secwatch.observer/filing/0001171843-23-002500.md","text":"https://secwatch.observer/filing/0001171843-23-002500.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/90498/000117184323002500/0001171843-23-002500-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/90498/000117184323002500/f8k_042523.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T18:02:20.611115+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"31ee231a5a005c5acf3533c61cf33b134243f700","claim":"SIMMONS FIRST NATIONAL CORP reported first quarter of 2023 results: net income $45.6 million, EPS $0.36.","evidence_excerpt":"Simmons First National Corporation (NASDAQ: SFNC) (Simmons or Company) today reported net income of $45.6 million for the first quarter of 2023, compared to $83.3 million in the fourth quarter of 2022 and $65.1 million in the first quarter of 2022. Diluted earnings per share were $0.36 for the first quarter of 2023, compared to $0.65 in the fourth quarter of 2022 and $0.58 in the first quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/90498/000117184323002500/0001171843-23-002500-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Net income","value":"$45.6 million"},{"label":"EPS","value":"$0.36"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}