Simmons First National Corporation Reports Second Quarter Financial Results
Simmons First National Corporation announced on July 16, 2026, its second quarter financial results. The company reported a net income of $66.7 million, with diluted earnings per share of $0.46.
Pine Bluff, Arkansas – Simmons First National Corporation (NASDAQ: SFNC) released its second quarter 2026 financial results on July 16, 2026, reporting a net income of $66.7 million, or $0.46 per diluted share. This figure compares favorably to the $54.8 million net income recorded in the second quarter of 2025. Adjusted net income for the quarter stood at $72.2 million, equating to $0.50 per diluted share.
Total revenues for the company increased to $248.6 million, up from $241.4 million in the first quarter. President and CEO Jay Brogdon highlighted continued expansion in returns, driven by revenue growth and disciplined expense control. Loan production reached its highest quarterly level in nearly four years at $1.8 billion, while a decrease in the cost of deposits supported a stable net interest margin of 3.84 percent.
The company's total loans grew to $18.1 billion, though total deposits saw a slight decrease to $19.7 billion. Asset quality remained constructive, with a net charge-off ratio of 0.20% of loans. Provisions for credit losses exceeded net charge-offs by $8.3 million, indicating a conservative approach to credit risk. Capital ratios remained strong, with the equity to assets ratio at 14.05 percent.
Brogdon also noted the continuation of efficiency initiatives, including the elimination of certain positions and optimization of real estate footprint. These actions are expected to fund further investments in organic growth for the remainder of the year. Simmons also declared a quarterly dividend of $0.2150 per share.