Rhino Investment Partners Reduces Simmons Stake
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 54 minutes ago
0mins
Source: NASDAQ.COM
- Share Reduction Transaction: Rhino Investment Partners sold 642,196 shares of Simmons First National Corporation in Q1, with an estimated transaction value of $12.82 million, indicating a potential decrease in confidence in the company.
- Position Value Decline: The sale resulted in a $11.67 million decrease in Rhino's position value in Simmons, reflecting the dual impact of market price changes and the sale, which may influence future investment decisions.
- Loan Growth Momentum: Despite the reduction, Simmons reported a 10% annualized loan growth rate in Q1, with net interest margin expanding from 3.81% to 3.84%, indicating positive progress in improving financial metrics.
- Management's Optimistic Outlook: The CEO of Simmons noted that strong loan growth and expanding margins drove net income to $68.5 million, more than double the $32.4 million reported a year earlier, enhancing management's confidence in achieving long-term return targets.
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Analyst Views on SFNC
Wall Street analysts forecast SFNC stock price to rise
5 Analyst Rating
1 Buy
4 Hold
0 Sell
Hold
Current: 21.480
Low
21.00
Averages
21.75
High
22.00
Current: 21.480
Low
21.00
Averages
21.75
High
22.00
About SFNC
Simmons First National Corporation is a financial holding company. The Company, through its subsidiary, Simmons Bank (the Bank), provides banking and other financial products and services to individuals and businesses using a network of over 222 financial centers in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. The Bank offers comprehensive financial solutions delivered with a client-centric approach. The Bank offers commercial banking products and services to business and other corporate customers. Simmons Bank extends loans for a broad range of corporate purposes, including (among others) financing commercial real estate, construction of particular properties, commercial and industrial uses, acquisition and equipment financing, and other general corporate needs. It also engages in small business administration (SBA) and agricultural finance lending, and it offers corporate credit card products, as well as corporate deposit products and treasury management services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Rhino Investment Partners Reduces Simmons Stake
- Share Reduction Details: Rhino Investment Partners disclosed in an SEC filing that it sold 642,196 shares of Simmons First National Corporation in Q1 2026, with an estimated transaction value of $12.82 million, indicating a potential decrease in confidence in the regional bank.
- Ownership Percentage Shift: Following the sale, Rhino's stake in Simmons dropped from 7.3% to 4%, reflecting a strategic adjustment in its investment portfolio that may influence future investment decisions.
- Financial Performance Improvement: Despite the reduction, Simmons reported a 10% annualized loan growth rate in Q1, with net interest margin increasing from 3.81% to 3.84%, indicating ongoing enhancements in profitability metrics that are crucial for banks.
- Management's Optimistic Outlook: CEO Jay Brogdon noted that strong loan growth and expanding margins have bolstered management's confidence in achieving returns above long-term targets, even as the company faces challenges in market performance relative to broader indices.
See More
Rhino Investment Partners Reduces Simmons Stake
- Share Reduction Transaction: Rhino Investment Partners sold 642,196 shares of Simmons First National Corporation in Q1, with an estimated transaction value of $12.82 million, indicating a potential decrease in confidence in the company.
- Position Value Decline: The sale resulted in a $11.67 million decrease in Rhino's position value in Simmons, reflecting the dual impact of market price changes and the sale, which may influence future investment decisions.
- Loan Growth Momentum: Despite the reduction, Simmons reported a 10% annualized loan growth rate in Q1, with net interest margin expanding from 3.81% to 3.84%, indicating positive progress in improving financial metrics.
- Management's Optimistic Outlook: The CEO of Simmons noted that strong loan growth and expanding margins drove net income to $68.5 million, more than double the $32.4 million reported a year earlier, enhancing management's confidence in achieving long-term return targets.
See More
Simmons First National Declares Quarterly Dividend of $0.215
- Quarterly Dividend Declaration: Simmons First National has declared a quarterly dividend of $0.215 per share, consistent with previous distributions, indicating stable cash flow and profitability, which enhances investor confidence.
- Dividend Yield: The forward yield of 4.0% reflects the company's attractiveness in the current market environment, potentially drawing in more investors seeking stable income.
- Shareholder Record Date: The dividend will be payable on July 1, with a record date of June 15 and an ex-dividend date also on June 15, ensuring shareholders receive timely returns and enhancing shareholder value.
- Future Growth Outlook: Simmons First National signals a projected net interest income growth of 9%-11% for 2026, targeting approximately 10.5% CET1 ratio, demonstrating the company's confidence in its future financial health.
See More
Simmons First National Corporation Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: Simmons First National Corporation's board has declared a cash dividend of $0.215 per share, reflecting a 1% increase from the previous year, demonstrating the company's ongoing profitability and commitment to shareholder returns.
- Consecutive Dividend Record: 2026 marks the 117th consecutive year that Simmons has paid cash dividends, positioning it as one of only 27 U.S. publicly traded companies with over 100 years of uninterrupted dividends, thereby enhancing investor confidence.
- Growth Trend: The annualized cash dividend rate for 2026 is $0.86, with a ten-year compound annual growth rate of 6%, indicating the company's ability to enhance shareholder value while maintaining stable growth.
- Industry Recognition: Simmons Bank was recognized by Newsweek as one of America's Best Regional Banks for 2026, further solidifying its reputation and market position in the financial services industry.
See More
Simmons First National Q1 Performance Analysis
- Revenue Growth: Simmons First National reported revenues of $244.4 million, reflecting a 13.1% year-over-year increase that exceeded analysts' expectations by 0.6%, indicating its competitive strength among regional banks despite a slower quarter.
- Stable Stock Price: The bank's stock has risen 2.8% since reporting, currently trading at $21.03, which reflects market confidence in its financial health amidst challenges such as economic slowdown and credit deterioration.
- Industry Challenges: Regional banks face pressures from fintech competition, deposit outflows, and rising regulatory compliance costs; however, Simmons First National's ability to maintain steady revenue growth demonstrates its adaptability to market changes.
- Market Environment: The overall performance of 91 regional banks showed revenues in line with analysts' consensus estimates, indicating industry-wide challenges, yet Simmons First National's relatively strong performance highlights its resilience in an uncertain market.
See More
Simmons Bank Receives 2026 Community Revitalization Award
- Community Investment Commitment: Simmons Bank has been awarded the 2026 Community Area Revitalization Efforts (CARE) Award by the Federal Home Loan Bank of Dallas for its outstanding contributions to housing affordability and community revitalization, highlighting its significant role in community development.
- Funding Support: The award includes a $15,000 donation from FHLB Dallas to a nonprofit organization selected by Simmons Bank, further enhancing community service and development initiatives.
- Climate Resilience Program: Simmons Bank became the first FHLB Dallas member in Arkansas to utilize the FORTIFIED Fund, which supports weather-resilient roofing, helping homeowners strengthen their properties against severe weather and thereby enhancing overall community resilience.
- Long-term Commitment: The Chief Risk Officer of Simmons Bank stated that through its partnership with FHLB Dallas, the bank is dedicated to expanding support for communities, reflecting its long-standing commitment to promoting community health and development.
See More
Rhino Investment Partners Reduces Simmons Stake
- Share Reduction Details: Rhino Investment Partners disclosed in an SEC filing that it sold 642,196 shares of Simmons First National Corporation in Q1 2026, with an estimated transaction value of $12.82 million, indicating a potential decrease in confidence in the regional bank.
- Ownership Percentage Shift: Following the sale, Rhino's stake in Simmons dropped from 7.3% to 4%, reflecting a strategic adjustment in its investment portfolio that may influence future investment decisions.
- Financial Performance Improvement: Despite the reduction, Simmons reported a 10% annualized loan growth rate in Q1, with net interest margin increasing from 3.81% to 3.84%, indicating ongoing enhancements in profitability metrics that are crucial for banks.
- Management's Optimistic Outlook: CEO Jay Brogdon noted that strong loan growth and expanding margins have bolstered management's confidence in achieving returns above long-term targets, even as the company faces challenges in market performance relative to broader indices.
See More
Rhino Investment Partners Reduces Simmons Stake
- Share Reduction Transaction: Rhino Investment Partners sold 642,196 shares of Simmons First National Corporation in Q1, with an estimated transaction value of $12.82 million, indicating a potential decrease in confidence in the company.
- Position Value Decline: The sale resulted in a $11.67 million decrease in Rhino's position value in Simmons, reflecting the dual impact of market price changes and the sale, which may influence future investment decisions.
- Loan Growth Momentum: Despite the reduction, Simmons reported a 10% annualized loan growth rate in Q1, with net interest margin expanding from 3.81% to 3.84%, indicating positive progress in improving financial metrics.
- Management's Optimistic Outlook: The CEO of Simmons noted that strong loan growth and expanding margins drove net income to $68.5 million, more than double the $32.4 million reported a year earlier, enhancing management's confidence in achieving long-term return targets.
See More
Simmons First National Declares Quarterly Dividend of $0.215
- Quarterly Dividend Declaration: Simmons First National has declared a quarterly dividend of $0.215 per share, consistent with previous distributions, indicating stable cash flow and profitability, which enhances investor confidence.
- Dividend Yield: The forward yield of 4.0% reflects the company's attractiveness in the current market environment, potentially drawing in more investors seeking stable income.
- Shareholder Record Date: The dividend will be payable on July 1, with a record date of June 15 and an ex-dividend date also on June 15, ensuring shareholders receive timely returns and enhancing shareholder value.
- Future Growth Outlook: Simmons First National signals a projected net interest income growth of 9%-11% for 2026, targeting approximately 10.5% CET1 ratio, demonstrating the company's confidence in its future financial health.
See More
Simmons First National Corporation Declares Quarterly Cash Dividend
- Quarterly Cash Dividend: Simmons First National Corporation's board has declared a cash dividend of $0.215 per share, reflecting a 1% increase from the previous year, demonstrating the company's ongoing profitability and commitment to shareholder returns.
- Consecutive Dividend Record: 2026 marks the 117th consecutive year that Simmons has paid cash dividends, positioning it as one of only 27 U.S. publicly traded companies with over 100 years of uninterrupted dividends, thereby enhancing investor confidence.
- Growth Trend: The annualized cash dividend rate for 2026 is $0.86, with a ten-year compound annual growth rate of 6%, indicating the company's ability to enhance shareholder value while maintaining stable growth.
- Industry Recognition: Simmons Bank was recognized by Newsweek as one of America's Best Regional Banks for 2026, further solidifying its reputation and market position in the financial services industry.
See More
Simmons First National Q1 Performance Analysis
- Revenue Growth: Simmons First National reported revenues of $244.4 million, reflecting a 13.1% year-over-year increase that exceeded analysts' expectations by 0.6%, indicating its competitive strength among regional banks despite a slower quarter.
- Stable Stock Price: The bank's stock has risen 2.8% since reporting, currently trading at $21.03, which reflects market confidence in its financial health amidst challenges such as economic slowdown and credit deterioration.
- Industry Challenges: Regional banks face pressures from fintech competition, deposit outflows, and rising regulatory compliance costs; however, Simmons First National's ability to maintain steady revenue growth demonstrates its adaptability to market changes.
- Market Environment: The overall performance of 91 regional banks showed revenues in line with analysts' consensus estimates, indicating industry-wide challenges, yet Simmons First National's relatively strong performance highlights its resilience in an uncertain market.
See More
Simmons Bank Receives 2026 Community Revitalization Award
- Community Investment Commitment: Simmons Bank has been awarded the 2026 Community Area Revitalization Efforts (CARE) Award by the Federal Home Loan Bank of Dallas for its outstanding contributions to housing affordability and community revitalization, highlighting its significant role in community development.
- Funding Support: The award includes a $15,000 donation from FHLB Dallas to a nonprofit organization selected by Simmons Bank, further enhancing community service and development initiatives.
- Climate Resilience Program: Simmons Bank became the first FHLB Dallas member in Arkansas to utilize the FORTIFIED Fund, which supports weather-resilient roofing, helping homeowners strengthen their properties against severe weather and thereby enhancing overall community resilience.
- Long-term Commitment: The Chief Risk Officer of Simmons Bank stated that through its partnership with FHLB Dallas, the bank is dedicated to expanding support for communities, reflecting its long-standing commitment to promoting community health and development.
See More
