Simmons First National Reports Q1 2025 Earnings

Simmons First National ( (SFNC) ) has released its Q1 earnings. Here is a breakdown of the information Simmons First National presented to its investors.

Simmons First National Corporation, a Mid-South based financial holding company, operates primarily in the banking sector through its subsidiary Simmons Bank, offering comprehensive financial solutions across several states in the U.S.

In its first quarter of 2025 earnings report, Simmons First National Corporation reported a net income of $32.4 million, a decrease from the previous quarter’s $48.3 million. The company highlighted a continued improvement in profitability fundamentals, with increases in loans and customer deposits contributing to a healthier net interest margin.

Key financial metrics for the quarter included total revenue of $209.6 million and a net interest margin of 2.95%, marking the fourth consecutive quarterly increase. However, the company increased its provision for credit losses to $26.8 million, primarily due to two specific credit relationships that migrated to nonperforming status. Despite these challenges, noninterest income saw a rise to $46.2 million, driven by increased swap fee income and wealth management fees.

Looking ahead, Simmons First National Corporation remains cautiously optimistic, focusing on economic stability and continued investment in its business and communities. The company is closely monitoring economic volatility and remains hopeful for stability in economic policy to better assess future growth opportunities.