Company: SFNC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050112
Chunk: 103

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 103
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 months ended September 30, 2024 was $48,000.The fair value of the Company’s employee stock options granted is estimated on the date of grant using the Black-Scholes option-pricing model. This model requires the input of highly subjective assumptions, changes to which can materially affect the fair value estimate. There were no stock options granted during the nine months ended September 30, 2025 and 2024.

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NOTE 15: EARNINGS PER SHARE (“EPS”)

 Basic EPS is computed by dividing reported net income available to common stockholders by the weighted average number of common shares outstanding during each period. Diluted EPS is computed by dividing reported net income available to common stockholders by the weighted average common shares and all potential dilutive common shares outstanding during the period. The computation of earnings per share is as follows:Three Months EndedSeptember 30,Nine Months EndedSeptember 30,(In thousands, except per share data)2025202420252024Net income (loss) available to common stockholders$(562,792)$24,740 $(475,631)$104,374 Average common shares outstanding140,234 125,538 130,718 125,449 Average potential dilutive common shares415 461 415 461 Average diluted common shares140,649 125,999 131,133 125,910 Basic earnings per share$(4.01)$0.20 $(3.64)$0.83 Diluted earnings per share$(4.00)$0.20 $(3.63)$0.83 There were 62,300 stock options excluded from the three and nine months ended September 30, 2025 earnings per share calculation due to the related stock option exercise price exceeding the average market price of the Company’s stock during the period. There were 371,790 stock options excluded from the earnings per share calculation for the three and nine months ended September 30, 2024 due to the related stock option exercise price exceeding the average market price of the Company’s stock during the period.

NOTE 16: ADDITIONAL CASH FLOW INFORMATION

 The following is a summary of the Company’s additional cash flow information:  Nine Months EndedSeptember 30,(In thousands)20252024Interest paid$434,072 $494,968 Income taxes paid6,028 10,085 Transfers of loans to foreclosed assets held for sale6,926 1,