Simmons First National Corporation Reports Fourth Quarter Earnings for 2025
Simmons First National Corporation (NASDAQ: SFNC) has announced its financial results for the fourth quarter of 2025, showcasing a remarkable recovery with a net income of $78.1 million and a diluted earnings per share (EPS) of $0.54. This is a significant rebound from a net loss of $562.8 million in the previous quarter and an improvement over last year’s net income of $48.3 million.
Fourth Quarter 2025 Financial Highlights
- Total revenue: $249.0 million
- Pre-provision net revenue (PPNR): $109.1 million
- Return on average assets (ROAA): 1.28%
- Return on average common equity (ROE): 9.08%
- Adjusted return on average tangible common equity (ROTCE): 16.10%
- Net interest margin: Increased by 31 basis points to 3.81%
- Total loans: $17.492 billion (up 7% annualized)
- Total deposits: $20.184 billion
Operational Efficiency and Growth
The company has demonstrated substantial operational efficiency with an adjusted efficiency ratio of 53.64%. The net charge-off (NCO) ratio was reported at 1.12%, while the nonperforming loan (NPL) ratio decreased to 0.64%, reflecting effective risk management in the loan portfolio.
Moreover, Simmons’ ability to maintain a strong net interest margin, coupled with a disciplined approach to expense management, contributed to a 19% linked-quarter increase in adjusted PPNR. According to Jay Brogdon, Simmons’ President and CEO, the results exceeded expectations and highlighted the success of the company’s strategy and balance sheet repositioning during the third quarter.
Insights from Leadership
Jay Brogdon remarked, “Our results for the fourth quarter exceeded expectations across the board... balance sheet growth was solid as total loans increased 7 percent on an annualized basis.” Brogdon further noted the deep analysis conducted on nonperforming loans, which led to proactive measures to enhance the loan portfolio’s quality and a solid end to the quarter with an allowance for credit losses (ACL) ratio of 1.28%.
Looking Ahead
As Simmons First National Corporation prepares to enter 2026, the company emphasizes its commitment to profitable growth and efficient scale. The current momentum positions Simmons favorably for continued success, aiming to enhance value for customers and drive shareholder returns.
Summary of Key Financial Metrics
| Metrics | 4Q25 | 3Q25 | 4Q24 |
|---|---|---|---|
| Net Income/Loss | $78.1 million | $(562.8) million | $48.3 million |
| Diluted Earnings per Share | $0.54 | $(4.00) | $0.38 |
| Total Assets | $24.541 billion | $24.208 billion | $26.876 billion |
| Total Deposits | $20.184 billion | $19.838 billion | $21.886 billion |