Quarterly ResultJul 16, 2026, 04:37 PM

Simmons First Q2 Net Income $66.7M, EPS $0.46, Revenue $248.6M

AI Summary

Simmons First National Corporation reported second quarter 2026 net income of $66.7 million, or $0.46 diluted EPS, with adjusted net income rising to $72.2 million, or $0.50 adjusted diluted EPS. The company achieved revenue growth to $248.6 million and maintained a stable net interest margin of 3.84%, while improving its adjusted efficiency ratio to 54.26%. Operational highlights include a 3% annualized increase in total loans, a 6% annualized rise in noninterest bearing deposits, and a decrease in the cost of deposits. Asset quality remained constructive with a net charge-off ratio of 0.20%, and the company repurchased 0.7 million shares.

Key Highlights

Reported net income was $66.7 million for Q2 2026, compared to $68.5 million in Q1 2026.
Adjusted net income increased to $72.2 million in Q2 2026 from $68.6 million in Q1 2026.
Diluted earnings per share (EPS) were $0.46, while adjusted diluted EPS rose to $0.50.
Total revenue reached $248.6 million, and the net interest margin remained stable at 3.84%.
Adjusted efficiency ratio improved to 54.26% in Q2 2026 from 56.16% in Q1 2026.
Total loans grew by 3% annualized to $18.1 billion, with unfunded commitments up 8% linked quarter.
Noninterest bearing deposits increased by 6% annualized, and the cost of deposits decreased by 3 basis points.
The company repurchased approximately 0.7 million shares during the quarter, with $161 million remaining authorization.

View SEC Filing

SFNC

Major Banks

SIMMONS FIRST NATIONAL CORP

Price Impact