Simmons First National Corp 2025年度报告

(Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 000-06253 SIMMONS FIRST NATIONAL CORPORATION (Exact name of registrant as specified in its charter) Arkansas71-0407808(State or other jurisdiction of(I.R.S. Employerincorporation or organization)Identification No.) Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.☒Yes☐No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.☐Yes☒No Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).☒Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Smaller reporting company☐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 complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered publicaccounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12 (b) of the Act, indicate by check mark whether the financial statements of the registrantincluded in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act.).☐Yes☒No The aggregate market value of the Registrant’s Common Stock, par value $0.01 per share, held by non-affiliates on June 30, 2025, was$2,349,194,653 based upon the last trade price as reported on the Nasdaq Global Select Market® of $18.96. The number of shares outstanding of the Registrant’s Common Stock as of February 23, 2026, was 144,867,846. DOCUMENTS INCORPORATED BY REFERENCE Portions of the Proxy Statement for the 2026 Annual Meeting of Shareholders of the Registrant to be held on May 13, 2026, are incorporatedby reference into Part III of this Form 10-K. SIMMONS FIRST NATIONAL CORPORATIONANNUAL REPORT ON FORM 10-K INDEX Part I Item 1BusinessItem 1ARisk FactorsItem 1BUnresolved Staff CommentsItem 1CCybersecurityItem 2PropertiesItem 3Legal ProceedingsItem 4Mine Safety Disclosures 5193334353535 Part II Item 5Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecurities36Item 6[Reserved]37Item 7Management's Discussion and Analysis of Financial Condition and Results of Operations38Item 7AQuantitative and Qualitative Disclosures About Market Risk67Item 8Consolidated Financial Statements and Supplementary Data69Item 9Changes in and Disagreements with Accountants on Accounting and Financial Disclosure137Item 9AControls and Procedures137Item 9BOther Information137Item 9CDisclosure Regarding Foreign Jurisdictions that Prevent Inspections137 Part III Item 10Directors, Executive Officers and Corporate Governance138Item 11Executive Compensation139Item 12Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters139Item 13Certain Relationships and Related Transactions, and Director Independence139Item 14Principal Accountant Fees and Services139 Part IV Item 15Exhibits and Financia