Company: SFNC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001628280-25-037719
Chunk: 284

Company: SIMMONS FIRST NATIONAL CORP
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 284
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757)(994)(2,751)(3,539)Adjusted noninterest expense (non-GAAP)$136,832 $143,586 $280,418 $275,694 

See Table 14 below for the reconciliation of tangible book value per share.

Table 14: Reconciliation of Tangible Book Value per Share (non-GAAP) 

June 30,December 31,(In thousands, except per share data)20252024Total common stockholders’ equity$3,549,210 $3,528,872 Intangible assets:Goodwill(1,320,799)(1,320,799)Other intangible assets(90,617)(97,242)Total intangibles(1,411,416)(1,418,041)Tangible common stockholders’ equity$2,137,794 $2,110,831 Shares of common stock outstanding125,996,248 125,651,540 Book value per common share$28.17 $28.08 Tangible book value per share (non-GAAP)$16.97 $16.80 

73

See Table 15 below for the calculation of tangible common equity and the reconciliation of tangible common equity to tangible assets.

Table 15: Reconciliation of Tangible Common Equity and the Ratio of Tangible Common Equity to Tangible Assets (non-GAAP) 

June 30,December 31,(Dollars in thousands)20252024Total common stockholders’ equity$3,549,210 $3,528,872 Intangible assets:Goodwill(1,320,799)(1,320,799)Other intangible assets(90,617)(97,242)Total intangibles(1,411,416)(1,418,041)Tangible common stockholders’ equity$2,137,794 $2,110,831 Total assets$26,693,620 $26,876,049 Intangible assets:Goodwill(1,320,799)(1,320,799)Other intangible assets(90,617)(97,242)Total intangibles(1,411,416)(1,418,041)Tangible assets$25,282,204 $25,458,008 Ratio of common equity to assets13.30 %13.13 %Ratio of tangible common equity to tangible assets (non-GAAP)