Simmons First National ( (SFNC) ) has released its Q3 earnings. Here is a breakdown of the information Simmons First National presented to its investors.
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Simmons First National Corporation, a financial holding company based in the Mid-South, operates primarily through its subsidiary, Simmons Bank, which offers a wide range of financial services across several states in the U.S. The company is known for its client-centric approach and has a long-standing history of paying dividends.
In the third quarter of 2025, Simmons First National Corporation reported a significant net loss of $562.8 million, primarily due to a strategic repositioning of its balance sheet. This move involved the sale of $2.4 billion in low-yielding investment securities, resulting in a substantial after-tax loss. Despite this, the company raised $327 million in equity capital, which was used to support this repositioning and is expected to enhance future earnings.
Key financial metrics for the quarter included an adjusted net income of $64.9 million and an adjusted diluted earnings per share of $0.46. The company’s net interest income increased by 9% from the previous quarter, and its net interest margin improved for the sixth consecutive quarter. However, total deposits decreased due to the strategic reduction of high-cost funding sources. The company’s asset quality showed a slight increase in nonperforming loans, while the allowance for credit losses remained stable.
Looking ahead, Simmons First National is optimistic about its future growth prospects. The company believes it is well-positioned to achieve stronger organic growth across its dynamic markets, supported by its improved financial structure and ongoing strategic initiatives.