Simmons First National Q1 FY26 net income falls to $68.5 million
Simmons First National Corporation Class A SFNC | 0.00 |
- Simmons First National posted net income of $68.5 million, or $0.47 per diluted share, for quarter ended March 31, 2026, down from $78.1 million, or $0.54 per diluted share, in prior quarter.
- Net interest income on a fully taxable equivalent basis was flat at $200.2 million, while net interest margin widened 3 basis points to 3.84% from prior quarter.
- Noninterest income fell 14.5% to $44.2 million versus prior quarter, due largely to a $2.1 million Small Business Investment Company negative valuation adjustment and prior-quarter bank owned life insurance death benefits.
- Provision for credit losses edged down to $14.6 million from $15.1 million in prior quarter, while nonperforming loans rose to $141.9 million from $112.7 million.
- Total loans increased to $17.93 billion from $17.49 billion at Dec. 31, while deposits were little changed at $20.2 billion versus $20.18 billion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Simmons First National Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-031205), on May 06, 2026, and is solely responsible for the information contained therein.
