Simmons First National
Market Cap
US$2.9b
Last Updated
2021/01/23 23:07 UTC
Data Sources
Company Financials +
Executive Summary
Simmons First National Corporation operates as the holding company for Simmons Bank that provides financial products and services to individuals and businesses. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 11.7% per year for the next 3 years
Snowflake Analysis
Flawless balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Simmons First National's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SFNC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: SFNC's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
3.3%
SFNC
-2.3%
US Banks
2.3%
US Market
1 Year Return
8.1%
SFNC
-6.6%
US Banks
23.8%
US Market
Return vs Industry: SFNC exceeded the US Banks industry which returned -6.6% over the past year.
Return vs Market: SFNC underperformed the US Market which returned 23.7% over the past year.
Shareholder returns
| SFNC | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.3% | -2.3% | 2.3% |
| 30 Day | 28.1% | 7.4% | 4.8% |
| 90 Day | 52.3% | 30.1% | 14.5% |
| 1 Year | 12.5%8.1% | -3.2%-6.6% | 26.6%23.8% |
| 3 Year | -0.3%-8.5% | -2.3%-10.7% | 45.0%35.4% |
| 5 Year | 38.1%22.1% | 77.3%54.9% | 126.2%101.0% |
Long-Term Price Volatility Vs. Market
How volatile is Simmons First National's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
What Kind Of Investors Own Most Of Simmons First National Corporation (NASDAQ:SFNC)?1 month ago | Simply Wall St
Shareholders Are Loving Simmons First National Corporation's (NASDAQ:SFNC) 3.2% Yield2 months ago | Simply Wall St
Simmons First National's(NASDAQ:SFNC) Share Price Is Down 30% Over The Past Five Years.Valuation
Is Simmons First National undervalued compared to its fair value and its price relative to the market?
11.66x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SFNC ($27.05) is trading above our estimate of fair value ($22.77)
Significantly Below Fair Value: SFNC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SFNC is good value based on its PE Ratio (11.7x) compared to the US Banks industry average (12.2x).
PE vs Market: SFNC is good value based on its PE Ratio (11.7x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: SFNC's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SFNC's PB Ratio (1x) is in line with the US Banks industry average.
Next Steps
Future Growth
How is Simmons First National forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
-11.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SFNC's earnings are forecast to decline over the next 3 years (-11.7% per year).
Earnings vs Market: SFNC's earnings are forecast to decline over the next 3 years (-11.7% per year).
High Growth Earnings: SFNC's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SFNC's revenue is expected to decline over the next 3 years (-3.4% per year).
High Growth Revenue: SFNC's revenue is forecast to decline over the next 3 years (-3.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SFNC's Return on Equity is forecast to be low in 3 years time (6.4%).
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Past Performance
How has Simmons First National performed over the past 5 years?
28.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SFNC has high quality earnings.
Growing Profit Margin: SFNC's current net profit margins (30.7%) are lower than last year (33.5%).
Past Earnings Growth Analysis
Earnings Trend: SFNC's earnings have grown significantly by 28.9% per year over the past 5 years.
Accelerating Growth: SFNC's earnings growth over the past year (5.8%) is below its 5-year average (28.9% per year).
Earnings vs Industry: SFNC earnings growth over the past year (5.8%) exceeded the Banks industry -3.6%.
Return on Equity
High ROE: SFNC's Return on Equity (8.7%) is considered low.
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Financial Health
How is Simmons First National's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SFNC's Assets to Equity ratio (7.3x) is low.
Allowance for Bad Loans: SFNC has a sufficient allowance for bad loans (148%).
Low Risk Liabilities: 88% of SFNC's liabilities are made up of primarily low risk sources of funding.
Loan Level: SFNC has an appropriate level of Loans to Assets ratio (64%).
Low Risk Deposits: SFNC's Loans to Deposits ratio (85%) is appropriate.
Level of Bad Loans: SFNC has an appropriate level of bad loans (1.2%).
Next Steps
Dividend
What is Simmons First National current dividend yield, its reliability and sustainability?
2.51%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SFNC's dividend (2.51%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: SFNC's dividend (2.51%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: SFNC's dividends per share have been stable in the past 10 years.
Growing Dividend: SFNC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.9%), SFNC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SFNC's dividends in 3 years are forecast to be well covered by earnings (37.5% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
7.0yrs
Average management tenure
CEO
George Makris (63 yo)
7yrs
Tenure
US$4,953,017
Compensation
Mr. George A. Makris, Jr., has been Chairman of the Board, President and Chief Executive Officer at Simmons Bank since March 31, 2020. He has been the Non Independent Chairman of the Board and Chief Execut...
CEO Compensation Analysis
Compensation vs Market: George's total compensation ($USD4.95M) is about average for companies of similar size in the US market ($USD5.01M).
Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non Independent Chairman & CEO | 7yrs | US$4.95m | 0.45% $ 13.3m | |
| Senior EVP | 16.83yrs | US$2.23m | 0.090% $ 2.6m | |
| Executive VP | no data | US$1.06m | 0.041% $ 1.2m | |
| Executive VP | 8yrs | no data | 0.047% $ 1.4m | |
| Executive VP & Chief Information Officer | 4yrs | US$920.79k | 0.015% $ 445.2k | |
| Executive VP | no data | no data | 0.036% $ 1.1m | |
| Executive VP | 5.33yrs | no data | 0.022% $ 661.3k | |
| Executive VP & Chief Banking Officer | no data | US$1.08m | 0.024% $ 713.1k | |
| Executive VP & Chief Credit Officer | no data | no data | no data |
7.0yrs
Average Tenure
58.5yo
Average Age
Experienced Management: SFNC's management team is seasoned and experienced (7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non Independent Chairman & CEO | 7yrs | US$4.95m | 0.45% $ 13.3m | |
| Lead Independent Director | no data | US$142.01k | 0.070% $ 2.1m | |
| Independent Director | 4yrs | US$92.01k | 0.0075% $ 221.4k | |
| Independent Director | 5.75yrs | US$112.01k | 0.085% $ 2.5m | |
| Independent Director | 5.83yrs | US$122.00k | 0.020% $ 588.0k | |
| Independent Director | 16yrs | US$102.01k | 0.089% $ 2.6m | |
| Non Independent Director | 1yr | US$2.00m | 0.15% $ 4.3m | |
| Independent Director | 14.33yrs | US$132.00k | 0.060% $ 1.8m | |
| Independent Director | 4yrs | US$92.01k | 0.0081% $ 239.7k | |
| Independent Director | 13yrs | US$102.01k | 0.015% $ 447.2k | |
| Independent Director | 13yrs | US$102.01k | 0.019% $ 563.2k | |
| Independent Director | 11.67yrs | US$92.00k | 0.018% $ 516.4k |
7.0yrs
Average Tenure
67.5yo
Average Age
Experienced Board: SFNC's board of directors are considered experienced (7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SFNC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.7%.
Top Shareholders
Company Information
Simmons First National Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Simmons First National Corporation
- Ticker: SFNC
- Exchange: NasdaqGS
- Founded: 1903
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$2.944b
- Shares outstanding: 108.85m
- Website: https://www.simmonsbank.com
Number of Employees
Location
- Simmons First National Corporation
- 501 Main Street
- Pine Bluff
- Arkansas
- 71601
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SFNC | NasdaqGS (Nasdaq Global Select) | Yes | Class A Common Shares | US | USD | Mar 1985 |
Biography
Simmons First National Corporation operates as the holding company for Simmons Bank that provides financial products and services to individuals and businesses. It offers checking, savings, and time deposi...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 23:07 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.