Simmons First National ( (SFNC) ) has released its Q2 earnings. Here is a breakdown of the information Simmons First National presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Simmons First National Corporation, a financial holding company based in the Mid-South, operates primarily through its subsidiary, Simmons Bank, offering comprehensive financial solutions across several states including Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas. The company has a longstanding history of paying cash dividends to its shareholders for over a century.
In its second quarter of 2025, Simmons First National Corporation reported a net income of $54.8 million, marking a significant increase from both the previous quarter and the same period last year. The company also achieved a diluted earnings per share of $0.43, reflecting a strong financial performance driven by increased net interest income and disciplined expense management.
Key financial metrics for the quarter included a total revenue of $214.2 million and a net interest margin of 3.06%, which has now increased for five consecutive quarters. The company also reported a 5% rise in net interest income and a reduction in noninterest expenses by 5%. Additionally, Simmons saw a $233.1 million increase in low-cost customer deposits, contributing to its stable asset quality metrics.
Looking ahead, Simmons First National Corporation remains focused on organic growth within its attractive footprint, despite potential economic uncertainties such as tariff volatility. The company is encouraged by its positive momentum as it moves into the latter half of 2025, maintaining a strong loan pipeline and a commitment to profitability.