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Simmons First National SFNC Bank Owned Life Insurance

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Other financials

Income statement

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Revenue$248.6M+16.1%
Net income$66.7M+21.8%
EPS (diluted)$0.46+7.0%

Balance sheet

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Cash & equivalents$589.5M-8.5%
Total debt$38.8M-40.2%
Total equity$3.5B-1.9%
Total assets$24.8B-7.2%

Cash flow

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Operating cash flow$144.6M+86.2%
CapEx$19.0M+67.9%
Free cash flow$125.5M+89.3%

Valuation

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Market cap$3.39B+23.2%
Enterprise value$2.84B+30.7%
P/S20×+16.6×

Profitability

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Net margin-928.3%-949pp
FCF margin284.5%+241pp

Returns & leverage

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Return on equity-16.9%-21.5pp
Debt / equity0.0×

Where this comes from

Reported directly by Simmons First National in its filing.

Tagged under the XBRL concept us-gaap:BankOwnedLifeInsurance.

The source filing: Simmons First National’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:01 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053273
(In thousands, except share data)June 30, 2026December 31, 2025
Premises and equipment552,435561,220
Foreclosed assets and other real estate owned11,08012,009
Interest receivable103,016104,062
Bank owned life insurance545,252540,001
Goodwill1,320,7991,320,799
Other intangible assets78,22884,423
Other assets644,108643,204
Total assets$24,776,816$24,540,877

Item 1. Financial Statements (Unaudited)

FAQ

What is Simmons First National's bank owned life insurance?
Simmons First National (SFNC) reported bank owned life insurance of $545.25M in Q2 2026.
How has Simmons First National's bank owned life insurance changed year-over-year?
Simmons First National's bank owned life insurance increased by 1.8% year-over-year, from $535.48M to $545.25M.
What is the long-term trend for Simmons First National's bank owned life insurance?
Over 5 years (2020 to 2025), Simmons First National's bank owned life insurance has grown at a 16.1% compound annual growth rate (CAGR), from $255.63M to $540M.
What does bank owned life insurance mean?
This represents life insurance policies purchased by the bank on the lives of key employees or officers, where the bank is the beneficiary. It serves as a tax-advantaged investment vehicle used to offset the costs of employee benefit programs. The cash surrender value of these policies provides a stable, long-term asset base.

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