secwatch.observer — SEC 8-K summary
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Issuer:     SIMMONS FIRST NATIONAL CORP (SFNC)
CIK:        0000090498
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001193125-24-108547
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simmons First National Q1 net income $38.9M; adj EPS $0.32; NIM 2.66%
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- Net income $38.9M ($0.31 diluted EPS); adjusted earnings $40.4M ($0.32 adj diluted EPS).
- Total revenue $195.1M; net interest margin 2.66% relatively stable linked quarter.
- Total loans $17.0B (+4% LQA); total deposits $22.4B (+2% LQA); commercial loan pipeline expanded.
- Net charge-off ratio 0.19%; allowance for credit losses to loans 1.34%; NPAs increased.
- Recorded $1.6M FDIC special assessment in Q1 (plus $10.5M in Q4); PPNR $55.2M, adj PPNR $57.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/90498/000119312524108547/0001193125-24-108547-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/90498/000119312524108547/d765327d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-108547

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer