Simmons First National Corp

-28.88%

Simmons First National Corp. is a financial holding company and the parent company of Simmons Bank, a community bank headquartered in Pine Bluff, Arkansas. The company was founded in 1903 by physician Dr. John Franklin Simmons and has grown into one of the largest financial institutions in the state of Arkansas.
Simmons First National Corp. offers a wide range of banking and financial services to individuals, businesses, and institutions. These include personal and business checking and savings accounts, loans, mortgages, wealth management, and investment services. The company also offers online and mobile banking options for its customers.
Simmons Bank has a strong presence in Arkansas, as well as in Oklahoma, Missouri, and Tennessee. It operates over 200 branches and ATM locations, providing convenient access to its customers.
In addition to its traditional banking services, Simmons First National Corp. also has a strong commitment to community involvement and philanthropy. The company and its employees support various charities and community organizations through volunteer work and financial contributions.
Simmons First National Corp. is publicly traded on the NASDAQ stock exchange under the ticker symbol SFNC. The company has a strong financial track record, with a consistent history of profitability and growth.

There are a few factors that make Simmons First National Corp. stand out as a company:
1. Long History: Simmons First National Corp. has been in operation since 1903, making it over a century old. This longevity reflects the company's stability and ability to adapt to changing markets and economic conditions.
2. Strong Financial Performance: The company has consistently shown strong financial performance, with steady revenue and profits growth. In 2020, Simmons First National Corp. was listed on Forbes' "America's Best Banks" list, ranking as the top bank in Arkansas and one of the top 30 banks in the nation.
3. Focus on Community Banking: Simmons First National Corp. has a strong commitment to community banking, with a focus on serving local communities and businesses. The company operates in smaller, rural markets, which allows it to build strong relationships with its customers and provide personalized service.
4. Diverse Product and Service Offerings: The company offers a wide range of financial products and services, including traditional banking services, investment management, insurance, and trust services. This diversity allows the company to cater to a wide range of customers and meet their various financial needs.
5. Strong Core Values: Simmons First National Corp. is guided by strong core values of integrity, quality, commitment, and innovation. These values are reflected in the company's operations and relationships with customers, employees, and shareholders.
6. Expansion and Growth: In recent years, Simmons First National Corp. has expanded its operations through strategic acquisitions, allowing it to enter new markets and strengthen its presence in existing markets. This growth strategy has contributed to the company's success and strong financial performance.

Simmons First National Corp. is primarily a bank holding company that focuses on providing financial services to individuals and businesses. Its business model is centered around traditional banking activities such as accepting deposits, issuing loans, and providing other financial products and services. The company also offers investment management, trust, and brokerage services. In addition, it has a small insurance segment that provides property and casualty insurance products.
Simmons First National Corp. operates through its subsidiary banks, which are geographically located in Arkansas, Missouri, Kansas, Tennessee, and Colorado. It primarily generates revenue through interest income from loans and fees from its various financial services. The company also has a strong focus on commercial lending, serving a wide range of industries including real estate, healthcare, and agriculture.
The company's business model is centered around providing personalized and customer-focused banking services to its clients. It aims to build long-term relationships with its customers by offering competitive rates, convenient technology, and exceptional customer service. In addition, the company also regularly acquires smaller banks to expand its geographic reach and customer base.
Overall, Simmons First National Corp. aims to be a trusted financial partner for individuals and businesses by providing a full range of financial products and services while maintaining a strong focus on customer satisfaction and community involvement.

1. Simmons First National Corp. is a financial holding company based in Pine Bluff, Arkansas.
2. It was founded in 1903 as a small bank in Pine Bluff and has grown to become one of the largest publicly traded financial institutions in the state of Arkansas.
3. The bank was originally called the Simmons National Bank but changed its name to Simmons First National Corp. in 2002, after expanding its services beyond traditional banking.
4. As of 2021, Simmons First National Corp. has over $22 billion in assets and operates more than 200 locations in Arkansas, Missouri, Kansas, Tennessee, and Oklahoma.
5. The bank’s mission statement is To be recognized as the most admired financial services company in Arkansas, delivering outstanding value and superior service to our customers, shareholders, and employees.
6. The company’s logo, a large red S with a yellow outline, has been used since the 1970s and was chosen to represent stability, strength, and growth.
7. In 2020, Simmons First National Corp. acquired Reliance Bancshares Inc., adding 22 locations to its network and expanding its presence in Missouri.
8. In addition to traditional banking services, Simmons First National Corp. also offers investment and trust services, mortgage lending, insurance, and small business lending.
9. The company is committed to supporting local communities and provides financial support to various charities and organizations through its Cause for Arkansas program.
10. Simmons First National Corp. has received numerous awards and accolades, including being named one of the Best Banks in America by Forbes for six consecutive years (2016-2021).
See Company Due Diligence: