tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Simmons 1st Nat’l Sells Securities, Records Loss

Story Highlights
Simmons 1st Nat’l Sells Securities, Records Loss

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Simmons 1st Nat’l ( (SFNC) ) just unveiled an announcement.

On July 23, 2025, Simmons First National Corporation completed a significant financial maneuver by reclassifying its held-to-maturity investment securities to available for sale and subsequently selling approximately $3.2 billion worth of these securities to Morgan Stanley & Co., LLC for about $2.4 billion. This transaction resulted in an estimated after-tax loss of $604 million, which will be recorded in the third quarter of 2025. Additionally, the company conducted a public offering of 18,653,000 shares of its Class A common stock, raising approximately $326.9 million after expenses, with Morgan Stanley & Co., LLC serving as the underwriter.

The most recent analyst rating on (SFNC) stock is a Hold with a $22.50 price target. To see the full list of analyst forecasts on Simmons 1st Nat’l stock, see the SFNC Stock Forecast page.

Spark’s Take on SFNC Stock

According to Spark, TipRanks’ AI Analyst, SFNC is a Outperform.

Simmons 1st Nat’l’s overall score is supported by a stable financial performance and strong earnings call highlights. Technical indicators suggest a positive trend, while valuation metrics provide a reasonable assessment of the stock’s worth. The company’s strategic initiatives and growth prospects further contribute to a positive outlook.

To see Spark’s full report on SFNC stock, click here.

More about Simmons 1st Nat’l

Average Trading Volume: 986,223

Technical Sentiment Signal: Buy

Current Market Cap: $2.84B

Find detailed analytics on SFNC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1