Rhino Investment Dumps SFNC Shares: $12.8M Sale

Rhino Investment Partners disclosed in a Securities and Exchange Commission filing on May 15, 2026, that it divested 642,196 shares of Simmons First National Corporation (SFNC) during the first quarter of 2026. This transaction, estimated at $12.82 million based on average quarterly pricing, reduced SFNC's weighting in Rhino's investment portfolio from 7.3% to approximately 4% of its 13F Assets Under Management.

Despite trimming its position, Rhino Investment Partners maintains a substantial holding, suggesting a continued positive outlook on Simmons First National Corporation's recovery. The regional bank has demonstrated positive financial performance, with first-quarter loans growing at a 10% annualized pace and net interest margin expanding. Net income more than doubled year-over-year, reaching $68.5 million, driven by strong loan growth and margin expansion.

Simmons First National Corporation offers a comprehensive suite of banking products, including deposit accounts, loans, trust services, and investment management. The company serves individuals, small businesses, and commercial clients across Arkansas, Missouri, Tennessee, Texas, Oklahoma, and Kansas through its extensive branch network and digital banking platform.