Simmons First National (NASDAQ:SFNC) Announces Earnings Results

Key Points

• Simmons First National reported Q1 EPS of $0.47, matching estimates, while revenue of $241.4 million slightly missed consensus; both revenue (+15.2% YoY) and EPS (from $0.26 a year ago) improved year‑over‑year.
• The board raised the quarterly dividend to $0.215 (annualized yield ~4.2%) and authorized a $175 million share buyback, equal to roughly 5.7% of outstanding shares.
• Net interest margin ticked up to 3.84% and loans/deposits grew ~10%/~6% annualized, but provisions exceeded net charge‑offs by about $5.5M and an elevated efficiency ratio (~57.6%) plus a sequential PPNR decline signal near‑term profitability pressure.

Simmons First National (NASDAQ:SFNC - Get Free Report) issued its quarterly earnings results on Thursday. The bank reported $0.47 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.47, Zacks reports. The business had revenue of $241.37 million for the quarter, compared to analyst estimates of $243.02 million. Simmons First National had a negative net margin of 27.83% and a positive return on equity of 6.73%. Simmons First National's revenue for the quarter was up 15.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.26 EPS.

Simmons First National Stock Down 0.4%

SFNC stock opened at $20.46 on Friday. The firm has a market cap of $2.97 billion, a PE ratio of -7.39 and a beta of 0.89. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.88 and a current ratio of 0.88. The firm's fifty day moving average is $20.10 and its 200 day moving average is $19.32. Simmons First National has a one year low of $17.00 and a one year high of $22.17.

Simmons First National Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Friday, March 13th were issued a dividend of $0.215 per share. This represents a $0.86 dividend on an annualized basis and a yield of 4.2%. This is a boost from Simmons First National's previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Friday, March 13th. Simmons First National's payout ratio is currently -31.05%.

Simmons First National announced that its Board of Directors has initiated a share buyback program on Tuesday, February 17th that permits the company to buyback $175.00 million in outstanding shares. This buyback authorization permits the bank to repurchase up to 5.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on SFNC. Weiss Ratings reiterated a "sell (d+)" rating on shares of Simmons First National in a research note on Friday, March 27th. Zacks Research lowered shares of Simmons First National from a "strong-buy" rating to a "hold" rating in a report on Thursday, March 26th. Wall Street Zen upgraded Simmons First National from a "sell" rating to a "hold" rating in a research note on Monday, January 26th. National Bank Financial set a $21.00 price objective on Simmons First National in a report on Wednesday, January 21st. Finally, Raymond James Financial raised Simmons First National from a "market perform" rating to an "outperform" rating and set a $23.00 price objective for the company in a report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $22.14.

Trending Headlines about Simmons First National

Here are the key news stories impacting Simmons First National this week:

• Positive Sentiment: Loans and deposit growth — Total loans were up ~10% annualized and average deposits rose ~6% annualized, evidence of broad-based growth that supports future interest income. PR Newswire Release
• Positive Sentiment: Net interest margin and funding cost improvement — NIM edged up 3 bps to 3.84% while cost of deposits fell ~8 bps to 1.96%, which should help margin retention if rates remain favorable. PR Newswire Release
• Positive Sentiment: Improved profitability vs year‑ago — Diluted EPS of $0.47 versus $0.26 a year earlier and net income of $68.5M show earnings recovery on a YoY basis. Zacks: Q1 Meets Estimates
• Neutral Sentiment: EPS broadly in line with expectations — Street consensus and Zacks show EPS roughly inline (~$0.47–$0.48), meaning results did not surprise to the upside. Zacks: Q1 Meets Estimates
• Negative Sentiment: Top-line weakness / revenue miss — Total revenue of $241.4M missed some expectations and PPNR fell sequentially (PPNR $100.7M vs $109.1M in 4Q), signaling pressure on core revenue. Yahoo Finance: Revenue Miss
• Negative Sentiment: Profitability vs prior quarter and expense metrics — Net income and adjusted net income declined vs 4Q25, and the efficiency ratio remains elevated (~57.6%), which could limit margin expansion. PR Newswire Release
• Negative Sentiment: Provisioning and reserves — The firm noted provisions exceeded net charge-offs by ~$5.5M this quarter, a sign of cautious reserve creation that can weigh on near-term earnings. PR Newswire Release

Institutional Investors Weigh In On Simmons First National

Several hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its position in shares of Simmons First National by 197.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,663 shares of the bank's stock valued at $32,000 after acquiring an additional 1,104 shares during the period. Osaic Holdings Inc. raised its holdings in Simmons First National by 32.0% in the 2nd quarter. Osaic Holdings Inc. now owns 2,658 shares of the bank's stock worth $50,000 after purchasing an additional 644 shares during the period. iSAM Funds UK Ltd purchased a new position in Simmons First National during the fourth quarter worth approximately $192,000. Focus Partners Advisor Solutions LLC purchased a new position in Simmons First National during the fourth quarter worth approximately $218,000. Finally, Beacon Pointe Advisors LLC grew its holdings in Simmons First National by 9.1% in the fourth quarter. Beacon Pointe Advisors LLC now owns 12,080 shares of the bank's stock valued at $228,000 after purchasing an additional 1,007 shares during the period. 27.58% of the stock is owned by hedge funds and other institutional investors.

About Simmons First National

Simmons First National Corporation NASDAQ: SFNC is a bank holding company headquartered in Pine Bluff, Arkansas. Through its primary operating subsidiary, Simmons Bank, the company maintains a network of more than 200 branches across Arkansas, Tennessee, Missouri, Mississippi, Texas, Oklahoma and North Carolina. Simmons First National offers a full suite of financial services to individuals, small businesses and commercial clients, emphasizing relationship-driven community banking.

The company's core business activities span deposit-taking, lending and payment services.