Simmons First National Corporation (SFNC) Balance Sheet
SFNC balance sheet, 2025
December 31, 2025 · U.S. dollars$24.54B assets = $21.12B liabilities + $3.42B equity
Both columns are drawn to the same scale: what SFNC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SFNC financial health
Descriptive bands, not a rating. Fiscal 2025.
SFNC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $8.40B2016 | $24.54B2025 | +12.7%/yr | |
| Total liabilities | $7.25B2016 | $21.12B2025 | +12.6%/yr | |
| Shareholders’ equity | $1.15B2016 | $3.42B2025 | +12.9%/yr | |
| Cash & short-term investments | $1.45B2016 | $3.65B2025 | +10.8%/yr | |
| Total debt | $642.3M2016 | $641.4M2025 | −0.0%/yr | |
| Net cash (debt) | $805.3M2016 | $3.01B2025 | +$2.2B | |
| Working capital | −$37.4M2016 | −$600.9M2025 | −$563.5M | |
| Book value per share | $18.662016 | $25.382025 | +3.5%/yr | |
| Debt / equity | 0.562016 | 0.192025 | −0.37 | |
| Shares outstanding | 61.7M2016 | 134.7M2025 | +9.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SFNC assets
SFNC liabilities and equity
SFNC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SFNC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $3.65B | $2.08B | $3.77B | $4.54B | $8.77B | $6.95B | $4.45B | $2.99B | $2.19B | $1.45B |
| Cash & equivalents | $380.4M | $687.5M | $614.2M | $682.9M | $1.65B | $3.47B | $1.00B | $838.4M | $601.4M | $290.2M |
| Short-term investments | $3.27B | $1.40B | $3.15B | $3.85B | $7.11B | $3.47B | $3.45B | $2.15B | $1.59B | $1.16B |
| Receivables | $104.1M | $123.2M | $122.4M | $102.9M | $73.0M | $72.6M | $62.7M | $49.9M | $43.5M | $27.8M |
| Inventory | $0 | $0 | $222.8M | $3.5M | −$1.73B | −$3.58B | −$1.34B | −$3.91B | −$3.03B | −$1.80B |
| Other current assets | $0 | $0 | $0 | $0 | $1.73B | $3.58B | $1.34B | $915.7M | $842.8M | $351.0M |
| Total current assets | $3.75B | $2.21B | $3.89B | $4.64B | $8.84B | $7.02B | $4.52B | $49.9M | $43.5M | $27.8M |
| Property, plant & equipment (net) | $561.2M | $585.4M | $570.7M | $548.7M | $483.5M | $441.7M | $492.4M | $295.1M | $287.2M | $199.4M |
| Goodwill & intangible assets | $1.41B | $1.42B | $1.43B | $1.45B | $1.25B | $1.19B | $1.18B | $937.0M | $948.7M | $401.5M |
| Long-term investments | $3.28B | $6.17B | $6.88B | $7.61B | $8.64B | $3.63B | $17.91B | $14.13B | $11.13B | $6.09B |
| Other non-current assets | $15.55B | $16.50B | $14.57B | $13.21B | $5.51B | $10.09B | $0 | $1.13B | $2.65B | $1.68B |
| Total assets | $24.54B | $26.88B | $27.35B | $27.46B | $24.72B | $22.36B | $21.26B | $16.54B | $15.06B | $8.40B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $257.9M | $201.9M | $217.4M | $165.4M | $102.8M | $78.0M | $65.1M |
| Short-term debt | $21.4M | $37.1M | $68.0M | $160.4M | $196.8M | $308.3M | $160.2M | $770.8M | $75.0M | $308.7M |
| Deferred revenue | — | — | — | −$689.2M | $5.0M | −$90.9M | $5.2M | −$5.84B | −$3.79B | −$1.80B |
| Total current liabilities | $4.35B | $21.92B | $22.31B | $22.97B | $201.9M | $217.4M | $165.4M | $102.8M | $153.0M | $65.1M |
| Long-term debt | $620.0M | $1.11B | $1.34B | $1.23B | $1.72B | $1.72B | $1.69B | $1.70B | $1.52B | $333.6M |
| Other long-term liabilities | $287.4M | $312.7M | $267.7M | $0 | $0 | $0 | $0 | $12.60B | $11.45B | $6.92B |
| Total liabilities | $21.12B | $23.35B | $23.92B | $24.19B | $21.48B | $19.38B | $18.27B | $14.30B | $12.97B | $7.25B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.4M | $1.3M | $1.3M | $1.3M | $1.1M | $1.1M | $1.1M | $923,000 | $460,000 | $313,000 |
| Retained earnings (deficit) | $864.3M | $1.38B | $1.33B | $1.26B | $1.09B | $901.0M | $848.9M | $674.9M | $511.9M | $454.0M |
| Treasury stock | — | — | — | — | — | — | — | — | $0 | $0 |
| Accumulated other comprehensive income | −$293.1M | −$360.9M | −$404.4M | −$517.6M | −$10.5M | $59.7M | $20.9M | −$27.4M | −$14.2M | −$15.2M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $3.42B | $3.53B | $3.43B | $3.27B | $3.25B | $2.98B | $2.99B | $2.25B | $2.08B | $1.15B |
| Key figures | ||||||||||
| Total debt | $641.4M | $1.15B | $1.41B | $1.39B | $1.92B | $2.03B | $1.85B | $2.47B | $1.60B | $642.3M |
| Net cash (debt) | $3.01B | $935.8M | $2.36B | $3.15B | $6.85B | $4.91B | $2.61B | $520.0M | $595.3M | $805.3M |
| Working capital | −$600.9M | −$19.72B | −$18.42B | −$18.33B | $8.64B | $6.80B | $4.35B | −$52.9M | −$109.4M | −$37.4M |
| Tangible book value | $2.01B | $2.11B | $1.99B | $1.82B | $2.00B | $1.79B | $1.81B | $1.31B | $1.14B | $749.6M |
| Book value per share | $25.38 | $27.98 | $27.37 | $25.73 | $29.48 | $27.02 | $30.25 | $24.33 | $22.65 | $18.66 |
| Shares outstanding | 134.7M | 126.1M | 125.2M | 127.0M | 110.2M | 110.2M | 98.8M | 92.3M | 92.0M | 61.7M |
| Current ratio | 0.86 | 0.10 | 0.17 | 0.20 | 43.79 | 32.29 | 27.31 | 0.49 | 0.28 | 0.43 |
| Quick ratio | 0.86 | 0.10 | 0.17 | 0.20 | 43.79 | 32.29 | 27.31 | 29.57 | 14.61 | 22.65 |
| Debt / equity | 0.19 | 0.33 | 0.41 | 0.42 | 0.59 | 0.68 | 0.62 | 1.10 | 0.77 | 0.56 |
| Equity / assets | 13.9% | 13.1% | 12.5% | 11.9% | 13.1% | 13.3% | 14.1% | 13.6% | 13.8% | 13.7% |
| Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $3.51B | $3.45B | $3.49B | $3.65B | $2.90B | $3.05B | $3.13B | $2.08B | $3.29B | $3.46B | $3.63B | $3.77B |
| Cash & equivalents | $759.6M | $377.6M | $342.6M | $380.4M | $643.7M | $644.6M | $634.4M | $687.5M | $603.5M | $574.4M | $603.4M | $614.2M |
| Short-term investments | $2.75B | $3.08B | $3.15B | $3.27B | $2.26B | $2.41B | $2.49B | $1.40B | $2.69B | $2.89B | $3.03B | $3.15B |
| Receivables | $110.0M | $103.0M | $101.6M | $104.1M | $104.4M | $120.4M | $117.4M | $123.2M | $125.7M | $126.6M | $122.8M | $122.4M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | −$524.0M | $193.4M | −$726.1M | −$4.53B |
| Other current assets | $12.9M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $524.0M | $0 | $726.1M | $4.53B |
| Total current assets | $3.63B | $3.56B | $3.60B | $3.75B | $3.01B | $3.17B | $3.24B | $2.21B | $3.42B | $3.59B | $3.75B | $3.89B |
| Property, plant & equipment (net) | $542.2M | $552.4M | $557.9M | $561.2M | $568.3M | $573.2M | $573.6M | $585.4M | $584.4M | $581.9M | $576.5M | $570.7M |
| Goodwill & intangible assets | $1.40B | $1.40B | $1.40B | $1.41B | $1.41B | $1.41B | $1.41B | $1.42B | $1.42B | $1.43B | $1.43B | $1.43B |
| Long-term investments | $0 | $3.09B | $3.17B | $3.28B | $3.33B | $6.00B | $6.11B | $6.17B | $6.35B | $6.57B | $6.73B | $6.88B |
| Other non-current assets | $18.50B | $16.18B | $15.97B | $15.55B | $15.89B | $15.54B | $15.45B | $16.50B | $15.49B | $15.20B | $14.88B | $14.57B |
| Total assets | $24.07B | $24.78B | $24.69B | $24.54B | $24.21B | $26.69B | $26.79B | $26.88B | $27.27B | $27.37B | $27.37B | $27.35B |
| Liabilities | ||||||||||||
| Short-term debt | $99.4M | $46.2M | $8.7M | $21.4M | $22.3M | $31.3M | $50.1M | $37.1M | $51.1M | $52.7M | $58.8M | $68.0M |
| Total current liabilities | $18.72B | $46.2M | $8.7M | $4.35B | $19.86B | $21.86B | $21.73B | $21.92B | $21.99B | $21.89B | $22.41B | $22.31B |
| Long-term debt | $0 | $1.25B | $762.5M | $620.0M | $667.8M | $1.00B | $1.25B | $1.11B | $1.41B | $1.71B | $1.24B | $1.34B |
| Other long-term liabilities | $2.01B | $20.00B | $20.48B | $287.4M | $326.3M | $287.4M | $275.6M | $312.7M | $341.9M | $304.0M | $283.2M | $267.7M |
| Total liabilities | $20.72B | $21.29B | $21.26B | $21.12B | $20.85B | $23.14B | $23.26B | $23.35B | $23.74B | $23.91B | $23.93B | $23.92B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.4M | $1.4M | $1.5M | $1.4M | $1.4M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M | $1.3M |
| Retained earnings (deficit) | $953.3M | $937.3M | $901.7M | $864.3M | $817.0M | $1.41B | $1.38B | $1.38B | $1.35B | $1.36B | $1.34B | $1.33B |
| Accumulated other comprehensive income | −$444.9M | −$294.7M | −$314.4M | −$293.1M | −$313.5M | −$380.9M | −$367.7M | −$360.9M | −$335.9M | −$405.5M | −$408.0M | −$404.4M |
| Total shareholders' equity | $3.35B | $3.48B | $3.44B | $3.42B | $3.35B | $3.55B | $3.53B | $3.53B | $3.53B | $3.46B | $3.44B | $3.43B |
| Key figures | ||||||||||||
| Total debt | $1.77B | $1.30B | $771.2M | $641.4M | $690.2M | $1.03B | $1.30B | $1.15B | $1.46B | $1.77B | $1.30B | $1.41B |
| Net cash (debt) | $1.74B | $2.16B | $2.72B | $3.01B | $2.21B | $2.02B | $1.82B | $935.8M | $1.83B | $1.70B | $2.33B | $2.36B |
| Working capital | −$15.08B | $3.51B | $3.59B | −$600.9M | −$16.85B | −$18.69B | −$18.49B | −$19.72B | −$18.57B | −$18.31B | −$18.66B | −$18.42B |
| Tangible book value | $1.95B | $2.08B | $2.04B | $2.01B | $1.95B | $2.14B | $2.12B | $2.11B | $2.11B | $2.03B | $2.01B | $1.99B |
| Book value per share | $23.09 | $23.87 | $23.57 | $23.55 | $23.85 | $28.08 | $27.95 | $27.96 | $28.01 | $27.50 | $27.37 | $27.23 |
| Shares outstanding | 145.1M | 145.8M | 145.8M | 145.2M | 140.6M | 126.4M | 126.3M | 126.2M | 126.0M | 125.8M | 125.7M | 125.8M |
| Current ratio | 0.19 | 76.98 | 413.00 | 0.86 | 0.15 | 0.15 | 0.15 | 0.10 | 0.16 | 0.16 | 0.17 | 0.17 |
| Quick ratio | 0.19 | 76.98 | 413.00 | 0.86 | 0.15 | 0.15 | 0.15 | 0.10 | 0.16 | 0.16 | 0.17 | 0.17 |
| Debt / equity | 0.53 | 0.37 | 0.22 | 0.19 | 0.21 | 0.29 | 0.37 | 0.33 | 0.41 | 0.51 | 0.38 | 0.41 |
| Equity / assets | 13.9% | 14.1% | 13.9% | 13.9% | 13.9% | 13.3% | 13.2% | 13.1% | 12.9% | 12.6% | 12.6% | 12.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 25, 2026); data from EODHD.
SFNC financial position
At the end of fiscal 2025 (December 31, 2025), Simmons First National had total assets of $24.5 billion (down 8.7% from a year earlier), total liabilities of $21.1 billion and shareholders' equity of $3.4 billion. It held $3.6 billion in cash and short-term investments against $641.4 million of debt, a net cash position of $3.0 billion. Its current ratio was 0.86. In the latest quarter (ended September 30, 2026) total assets were $24.1 billion and equity $3.3 billion.
Related: SFNC income statement, SFNC cash flow statement, SFNC key metrics. See the SFNC stock overview for the latest quote and news.
SFNC balance sheet FAQ
What are Simmons First National's total assets?
Simmons First National reported total assets of $24.5 billion at the end of fiscal 2025 (December 31, 2025), compared with $26.9 billion a year earlier.
How much debt does Simmons First National have?
Simmons First National had $641.4 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.19.
How much cash does Simmons First National have?
Simmons First National held $3.6 billion in cash and short-term investments at the end of fiscal 2025; with $641.4 million of debt that is net cash of $3.0 billion.
What is Simmons First National's book value?
Simmons First National's shareholders' equity (book value) was $3.4 billion at the end of fiscal 2025, or $25.38 per share.
What is Simmons First National's current ratio?
Simmons First National had current assets of $3.8 billion and current liabilities of $4.4 billion, a current ratio of 0.86 (current liabilities exceed current assets).
How much goodwill does Simmons First National have?
Simmons First National carried $1.4 billion of goodwill and intangible assets, 5.7% of total assets, at the end of fiscal 2025.