---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-006353"
form_type: "8-K"
ticker: "SFNC"
cik: "0000090498"
company_name: "SIMMONS FIRST NATIONAL CORP"
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T15:51:16.464698+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Simmons Q3 net income $47.2M ($0.37 EPS); revenue down 17% YoY; Better Bank savings achieved early

## Summary
- Net income $47.2M vs $58.3M Q2 and $80.6M Q3 2022; adjusted EPS $0.39.
- Total revenue $196.2M, down 6% QoQ and 17% YoY; NIM fell to 2.61% from 2.76%.
- Noninterest expense down 6% QoQ; Better Bank Initiative delivered $15M annual cost savings one quarter early.
- Period-end loans $16.77B (+9% YoY); deposits $22.23B (+3% YoY); ACL ratio 1.30%.
- Book value per share up 6% YoY; tangible book value up 9%; repurchased 1.1M shares in Q3.

## SEC filing metadata
- accession: 0001171843-23-006353
- form_type: 8-K
- ticker: SFNC
- cik: 0000090498
- company_name: SIMMONS FIRST NATIONAL CORP
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/90498/000117184323006353/0001171843-23-006353-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/90498/000117184323006353/f8k_102323.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-006353
- JSON: https://secwatch.observer/filing/0001171843-23-006353.json
- Plain text: https://secwatch.observer/filing/0001171843-23-006353.txt

## Key facts
- Earnings Releases
  SIMMONS FIRST NATIONAL CORP reported the third quarter of 2023 results: net income $47.2 million, EPS $0.37.
  - Period: the third quarter of 2023
  - Net income: $47.2 million
  - EPS: $0.37
  - Result: reported results
  source text: Simmons reported net income of $47.2 million and diluted earnings per share of $0.37 for the third quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/90498/000117184323006353/0001171843-23-006353-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.