Oct 15, 4:30 PM ET
Simmons First National Corporation reported third quarter 2026 net income of $47.1 million, or $0.32 diluted EPS, down from $66.7 million and $0.46 in the second quarter of 2026, while total revenue rose to $251.2 million from $248.6 million. Adjusted diluted EPS rose to $0.54 from $0.50, excluding $43.2 million in pre-tax items such as branch rightsizing, severance and certain professional services costs. For shareholders, GAAP earnings declined while adjusted earnings and net interest margin improved, and management plans to outline future financial targets at an Investor Day in December.
- Net income $47.1 million in 3Q26 vs $66.7 million in 2Q26; diluted EPS $0.32 vs $0.46
- Adjusted diluted EPS $0.54 vs $0.50 in 2Q26; certain items totaled $43.2 million pre-tax
- Net interest margin rose 8 basis points to 3.92%; total deposits fell to $18.6 billion from $19.7 billion
- Nonperforming loans rose to $179.9 million from $166.1 million; about $161 million remains under the 2026 buyback program, with no repurchases in the quarter
Read the filing on SEC.gov ↗
Sep 3, 4:31 PM ET
Simmons First National Corp said it will close 26 Simmons Bank branches across its six-state footprint, effective December 4, 2026, as part of a broader review of its retail network. The company expects roughly $20 million to $23 million in pre-tax expenses tied to the closures, mostly in the third quarter of 2026, and is part of a wider set of operating initiatives it expects to cost $40 million to $45 million in the same quarter and to add $37 million to $42 million a year to pre-provision net revenue once fully implemented.
- 26 Simmons Bank branches to close, effective December 4, 2026; about 100 associates affected, with roughly 70% expected to be placed in other roles
- Branch closure expenses estimated at $20 million to $23 million pre-tax, including $17 million to $19 million in real estate write-downs and lease termination fees
- Broader initiatives expected to cost $40 million to $45 million pre-tax in Q3 2026 and to lift annual PPNR by $37 million to $42 million once fully implemented, though some benefit may be reinvested
Read the filing on SEC.gov ↗
Jul 16, 4:30 PM ET
Simmons First National Corp reported second quarter 2026 net income of $66.7 million, or $0.46 per diluted share, compared with $68.5 million, or $0.47 per share, in the first quarter of 2026 and $54.8 million, or $0.43 per share, a year earlier. Total revenue rose to $248.6 million from $241.4 million in the prior quarter, and the company's adjusted diluted EPS was $0.50, excluding certain items such as branch rightsizing and severance costs. The filing gives no earnings guidance for future periods.
- Net income $66.7 million vs. $68.5 million in Q1 2026 and $54.8 million in Q2 2025
- Diluted EPS $0.46 vs. $0.47 in Q1 2026 and $0.43 in Q2 2025; adjusted diluted EPS $0.50
- Total revenue $248.6 million vs. $241.4 million in Q1 2026 and $214.2 million in Q2 2025
- Repurchased about 0.7 million shares at an average price of $21.52; about $161 million remained under the 2026 program as of June 30, 2026
Read the filing on SEC.gov ↗
May 13, 5:29 PM ET
At its May 13, 2026 annual meeting, Simmons First shareholders approved an amended and restated 2023 Stock and Incentive Plan, raising the maximum shares issuable under the plan to 7,350,000 and extending the grant period to May 12, 2036. Shareholders also elected all fourteen directors and ratified Forvis Mazars, LLP as auditor for 2026, while the non-binding say-on-pay vote passed with 99,152,664 for and 11,387,331 against.
- Plan share cap raised by 3,550,000 shares to 7,350,000 since inception on April 18, 2023
- Plan adds an annual $750,000 limit on combined cash and equity pay for non-employee directors
- Say-on-pay resolution: 99,152,664 for, 11,387,331 against, 494,439 abstain
- Forvis Mazars, LLP ratified as independent auditor for year ending December 31, 2026 with 121,341,116 for and 5,308,580 against
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
