Procore signs multi-year strategic collaboration agreement with AWS
Director Marty Casteel of Simmons First National Corp (NASDAQ:SFNC), a $2.8 billion regional bank known for its impressive 52-year streak of consecutive dividend payments, recently purchased 5,400 shares of the company’s common stock at a price of $18.50 per share, totaling $99,900. According to InvestingPro analysis, the stock currently offers a 4.32% dividend yield.
The transaction, which occurred on July 23, 2025, was executed as part of a directed share program related to a public offering of Simmons First National Corp (NASDAQ:SFNC) common stock. Following the purchase, Casteel directly owns 213,901 shares of Simmons First National Corp. InvestingPro analysis indicates the stock is currently trading near its Fair Value, with five analysts recently revising their earnings expectations upward for the upcoming period. For deeper insights into SFNC’s valuation and more exclusive ProTips, explore the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Simmons First National Corporation reported its financial results for the second quarter of 2025, achieving an earnings per share (EPS) of $0.44, surpassing analysts’ expectations of $0.39. However, the company experienced a slight revenue shortfall, with actual revenue recorded at $214.2 million against a forecast of $217.01 million. Additionally, Simmons First National has priced a public offering of 16.22 million shares of its Class A common stock at $18.50 per share, raising approximately $300.07 million. The company also provided underwriters a 30-day option to purchase up to an additional 2.43 million shares at the same price. Moody’s Ratings confirmed the company’s Baa2 long-term local currency issuer rating and changed the outlook to stable. Meanwhile, DA Davidson raised its price target for Simmons First National to $21 from $19, maintaining a Neutral rating, citing stronger-than-expected second-quarter results. These developments reflect ongoing investor interest and analyst attention towards the company.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.