Simmons First National Corp

Latest Results (07.10.2025):

Simmons First National Corp reported strong financial performance in the second quarter of 2025, showcasing significant growth in net income and earnings per share. The company benefited from increased net interest margins, disciplined expense management, and a robust deposit base, positioning it well for continued profitability and growth in the latter half of the year.

Net Income Growth

For the second quarter of 2025, Simmons First National Corp achieved a net income of $54.8 million, up from $32.4 million in the first quarter of 2025 and $40.8 million in the second quarter of 2024. This growth underscores the company's effective revenue generation and cost management strategies.

Enhanced Earnings Per Share

The diluted earnings per share (EPS) rose to $0.43 in Q2 2025, compared to $0.26 in Q1 2025 and $0.32 in Q2 2024. Adjusted diluted EPS also increased to $0.44, reflecting the company's focus on shareholder value.

Improved Net Interest Margin

The net interest margin expanded to 3.06% in the second quarter of 2025, marking the fifth consecutive quarter of growth. This increase was driven by higher loan yields and lower deposit costs, surpassing expectations and enhancing overall profitability.

Strong Deposit Growth

Simmons experienced a $233.1 million increase in low-cost customer deposits during Q2 2025. This growth in deposits, combined with disciplined loan and deposit remixing, has fortified the company’s balance sheet and supported continued lending activities.

Stable Asset Quality

Asset quality metrics remained stable, with the nonperforming loan ratio holding at 0.92% and the nonperforming assets to total assets ratio at 0.62%. The allowance for credit losses was maintained at 1.48%, ensuring a strong defense against potential loan losses.

Focused Expense Management

Noninterest expense decreased to $138.6 million in Q2 2025 from $144.6 million in the previous quarter. This reduction was achieved through strategic branch right sizing and the implementation of early retirement programs, contributing to overall improved financial efficiency.