Simmons First National Corporation (SFNC) financial statements (2022 and earlier)

Company profile

Business Address 501 MAIN STREET
PINE BLUFF, AR 71601
State of Incorp. AR
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,6513,4721,160833598286257
Cash and cash equivalents1,6513,472997833598286252
Short-term investments  164  04
Total current assets:1,6513,4721,160833598286257
Noncurrent Assets
Operating lease, right-of-use asset493141
Property, plant and equipment  492295287199194
Intangible assets, net (including goodwill), including:1,3581,2981,310937949401381
Goodwill1,1461,0751,056846843349328
Intangible assets, net (excluding goodwill)21222225591212106106
Other undisclosed intangible assets, net (including goodwill)    (106)(53)(53)
Total noncurrent assets:1,4071,3291,8431,2321,236601575
Other undisclosed assets21,66717,55918,25614,47813,2227,5146,728
TOTAL ASSETS:24,72522,36021,25916,54315,0568,4007,560
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt0 1,2501,3001,100282137
Total current liabilities:0 1,2501,3001,100282137
Noncurrent Liabilities
Long-term debt and lease obligation1,7221,725436369219334223
Long-term debt, excluding current maturities1,7221,725436369219334223
Total noncurrent liabilities:1,7221,725436369219334223
Other undisclosed liabilities19,75417,65816,58412,62811,6536,6336,123
Total liabilities:21,47619,38318,27014,29712,9717,2496,483
Stockholders' equity
Stockholders' equity attributable to parent3,2492,9772,9892,2462,0851,1511,077
Preferred stock 11   31
Common stock1111100
Additional paid in capital2,1652,0142,1171,5981,586712662
Accumulated other comprehensive income (loss)(11)6021(27)(17)(15)(3)
Retained earnings1,093901849675515454386
Total stockholders' equity:3,2492,9772,9892,2462,0851,1511,077
TOTAL LIABILITIES AND EQUITY:24,72522,36021,25916,54315,0568,4007,560

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues558695721625470384360
Net investment income558692718622354266269
Financial services revenue11311489
Cost of revenue (75)(43)(38)(26)(20)(9)
Provision for loan, lease, and other losses (75)(43)(38)
Financial services costs(26)(20)(9)
Gross profit:558620677587444364351
Operating expenses(141)(139)(126)(126)(252)(211)(204)
Other operating income, net
(Noninterest Income, Other Operating Income)
35395820191917
Operating income:452520610481211172165
Nonoperating income121707262443733
Investment income, nonoperating112656757403331
Interest and debt expense(80)(120)(181)(128)(40)(22)(22)
Income from continuing operations before income taxes:493470500415215187176
Income tax expense(61)(65)(64)(50)(62)(47)(33)
Net income:432405436365153140143
Other undisclosed net loss attributable to parent(161)(150)(197)(149)(60)(43)(68)
Net income attributable to parent:271255238216939774
Preferred stock dividends and other adjustments(0)(0)(0)  (0)(0)
Net income available to common stockholders, diluted:271255238216939774

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:432405436365153140143
Other comprehensive income (loss)25(14)48(10)1(13)(1)
Comprehensive income:457391484355154128141
Other undisclosed comprehensive loss, net of tax, attributable to parent(256)(98)(197)(149)(60)(43)(68)
Comprehensive income, net of tax, attributable to parent:201294286206948473

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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