Simmons First sees year-over-year profits grow

Simmons First National Corp., parent company of Simmons Bank, posted higher first quarter income and profits from a year ago as the Pine Bluff-based financial giant saw loan growth and improving margins.

Simmons First reported Thursday (April 16) first quarter revenue of $241.37 million, up 15.2% from a year ago. Quarterly net income was $68.5 million for the first quarter of 2026, compared to net income of $32.4 million for the first quarter of 2025.

Diluted earnings per share were 47 cents for the first quarter of 2026 versus 26 cents for the first quarter of 2025. Earnings were in line with Wall Street consensus estimates.

“Simmons delivered solid results in the first quarter driven by strong loan growth, expanding margin, and continued earnings momentum,” said Jay Brogdon, Simmons’ president and CEO. “Loans grew 10 percent linked quarter annualized, with growth broad-based across geography and industry.”

Key metrics measured in the banking industry include interest and noninterest income, loans and deposits. For the quarter, Simmons listed the following financial highlights:

• Net interest income for the first quarter of 2026 totaled $197.2 million, compared to $197.3 million for the fourth quarter of 2025 and $163.4 million for the first quarter of 2025;
• Noninterest income for the first quarter of 2026 was $44.2 million, compared to $51.7 million in the fourth quarter of 2025 and $46.2 million in the first quarter of 2025;
• Total loans at the end of the first quarter of 2026 were $17.9 billion, up $440.7 million, or 10% annualized, compared to $17.5 billion at the end of the fourth quarter of 2025; and
• Total deposits at the end of the first quarter of 2026 were $20.2 billion, up $19 million compared to the end of the fourth quarter of 2025.

“Looking forward, we remain committed to delivering disciplined growth and designing a more efficient and scalable infrastructure. The talent environment continues to be favorable and supports our organic growth priorities. We are increasingly optimistic about the prospects for consistently achieving returns that exceed our long-range targets,” Brogdon said.

Shares of Simmons First (NASDAQ: SFNC) closed Thursday at $20.46 with close to average trading volume. Over the past year, Simmons First stock has traded as low as $17 per share and as high as $22.18 per share.

Simmons Bank, headquartered in Pine Bluff, Arkansas, operates financial services locations in six states, including Arkansas, Texas, Oklahoma, Kansas, Missouri and Tennessee.