Simmons First National Completes Triumph Bancorp Acquisition

Ticker: SFNC · Form: 8-K · Filed: 2025-07-25T00:00:00.000Z

Sentiment: neutral

Topics: acquisition, merger, completion

TL;DR

Simmons First just bought Triumph Bancorp, expanding its footprint.

AI Summary

Simmons First National Corporation announced the completion of its acquisition of Triumph Bancorp, Inc. on July 23, 2025. The transaction involved the exchange of Simmons First common stock for Triumph Bancorp common stock. This acquisition is expected to enhance Simmons First's market position and expand its geographic reach.

Why It Matters

This acquisition signifies a significant expansion for Simmons First National Corporation, potentially leading to increased market share and operational efficiencies through the integration of Triumph Bancorp's assets and customer base.

Risk Assessment

Risk Level: medium — Acquisitions inherently carry integration risks, potential regulatory hurdles, and the possibility of not achieving expected synergies, which could impact Simmons First's financial performance.

Key Players & Entities

FAQ

What was the effective date of the acquisition's completion?

The acquisition of Triumph Bancorp, Inc. by Simmons First National Corporation was completed on July 23, 2025.

What type of transaction was this acquisition?

The acquisition involved the exchange of Simmons First common stock for Triumph Bancorp common stock.

What is the primary business of Simmons First National Corporation?

Simmons First National Corporation is a national commercial bank.

Where is Simmons First National Corporation headquartered?

Simmons First National Corporation is headquartered at 501 Main Street, Pine Bluff, Arkansas.

What is the SEC Act under which this report is filed?

This Form 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

From the Filing

0001193125-25-165459.txt : 20250725 0001193125-25-165459.hdr.sgml : 20250725 20250725161514 ACCESSION NUMBER: 0001193125-25-165459 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20250723 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets FILED AS OF DATE: 20250725 DATE AS OF CHANGE: 20250725 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SIMMONS FIRST NATIONAL CORP CENTRAL INDEX KEY: 0000090498 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] ORGANIZATION NAME: 02 Finance EIN: 710407808 STATE OF INCORPORATION: AR FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-06253 FILM NUMBER: 251151854 BUSINESS ADDRESS: STREET 1: 501 MAIN STREET CITY: PINE BLUFF STATE: AR ZIP: 71601 BUSINESS PHONE: 8705411000 MAIL ADDRESS: STREET 1: 501 MAIN STREET CITY: PINE BLUFF STATE: AR ZIP: 71601 8-K 1 d946262d8k.htm 8-K 8-K SIMMONS FIRST NATIONAL CORP false 0000090498 0000090498 2025-07-23 2025-07-23     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) July 23, 2025     SIMMONS FIRST NATIONAL CORPORATION (Exact name of registrant as specified in its charter)       Arkansas   0-6253   71-0407808 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.) 501 Main Street , Pine Bluff , Arkansas   71601 (Address of principal executive offices)   (Zip Code) (870) 541-1000 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report.)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common stock, par value $0.01 per share   SFNC   The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company  ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 2.01 Completion of Acquisition or Disposition of Assets. On July 23, 2025, Simmons First National Corporation (the “ Company ”) and its subsidiaries completed steps taken to reposition its consolidated balance sheet (the “ Transaction ”). In the Transaction, the Company and its subsidiaries, as applicable, reclassified its held-to-maturity investment securities to available for sale. The Company and its subsidiaries, as applicable, then sold approximately $3.2 billion (amortized cost basis) of its investment securities to Morgan Stanley & Co., LLC based on fair market value for an aggregate price of approx

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