Updated
The most significant concentration Simmons First National Corporat discloses is Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: Simmons First National Corporat’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
“10-K Item 1A: 'Our concentration of banking activities in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas...makes us more vulnerable to adverse conditions in the particular local markets'”
“10-K Item 1A: 'Significant portions of our loan portfolio include commercial real estate, construction and development, and commercial and industrial loans'”
The company's disclosed concentration profile has two moderate-share structural exposures that are closely linked: a regional geographic footprint and a loan portfolio tilted toward commercial and construction lending. Banking activities are concentrated in Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas, a moderate-share geographic exposure whose structural character reflects the bank's franchise strategy of operating across a contiguous multi-state footprint in the south-central region. This geographic focus makes the institution more sensitive to economic conditions, real estate market trends, and credit quality in these specific markets than a nationally diversified bank would be, though the multi-state spread provides some diversification within the region. The loan portfolio reinforces this geographic character: significant portions are concentrated in commercial real estate, construction and development, and commercial and industrial loans, a moderate-share structural exposure. These categories are inherently sensitive to regional economic cycles — commercial real estate values, construction activity, and business credit quality in the bank's markets all move together during downturns, amplifying rather than offsetting the geographic concentration. The two exposures compound: a regional economic contraction in the bank's operating states would pressure both the geographic franchise and the loan categories simultaneously. There are no disclosed customer, counterparty, or commodity concentrations to layer on top. On balance the profile is typical for a regional commercial bank, with the key monitoring variables being credit quality trends in commercial real estate and construction lending across the bank's core markets.
For the engine’s reasoning on SFNC’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ASB | Associated Banc-Corp | 2 | 3 | 0 | 5 |
| BANC | Banc of California, Inc. | 2 | 0 | 0 | 2 |
| AX | Axos Financial, Inc. | 1 | 1 | 0 | 2 |
| AUB | Atlantic Union Bankshares Corpo | 0 | 3 | 0 | 3 |
| SFNC● | Simmons First National Corporat | 0 | 2 | 0 | 2 |
| ABCB | Ameris Bancorp | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.