Simmons Reports Q1 Revenue of $241.4M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2026
0mins
Should l Buy SFNC?
Reports Q1 revenue $241.4M, consensus $243.1M. Jay Brogdon, Simmons' President and CEO, commented on first quarter 2026 results: "Simmons delivered solid results in the first quarter driven by strong loan growth, expanding margin, and continued earnings momentum. Loans grew 10 percent linked quarter annualized, with growth broad-based across geography and industry. Net interest margin expanded linked quarter, increasing three basis points to 3.84 percent, benefiting from disciplined relationship pricing, fixed rate asset repricing and improving funding costs. Net charge-offs for the quarter were 21 basis points and provision expense exceeded net charge-offs by $5.5 million, primarily due to loan growth. Looking forward, we remain committed to delivering disciplined growth and designing a more efficient and scalable infrastructure. The talent environment continues to be favorable and supports our organic growth priorities. We are increasingly optimistic about the prospects for consistently achieving returns that exceed our long-range targets."
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Analyst Views on SFNC
Wall Street analysts forecast SFNC stock price to rise
5 Analyst Rating
1 Buy
4 Hold
0 Sell
Hold
Current: 21.120
Low
21.00
Averages
21.75
High
22.00
Current: 21.120
Low
21.00
Averages
21.75
High
22.00
About SFNC
Simmons First National Corporation is a financial holding company. The Company, through its subsidiary, Simmons Bank (the Bank), provides banking and other financial products and services to individuals and businesses using a network of over 222 financial centers in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. The Bank offers comprehensive financial solutions delivered with a client-centric approach. The Bank offers commercial banking products and services to business and other corporate customers. Simmons Bank extends loans for a broad range of corporate purposes, including (among others) financing commercial real estate, construction of particular properties, commercial and industrial uses, acquisition and equipment financing, and other general corporate needs. It also engages in small business administration (SBA) and agricultural finance lending, and it offers corporate credit card products, as well as corporate deposit products and treasury management services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Simmons Bank Receives 2026 Community Revitalization Award
- Community Investment Commitment: Simmons Bank has been awarded the 2026 Community Area Revitalization Efforts (CARE) Award by the Federal Home Loan Bank of Dallas for its outstanding contributions to housing affordability and community revitalization, highlighting its significant role in community development.
- Funding Support: The award includes a $15,000 donation from FHLB Dallas to a nonprofit organization selected by Simmons Bank, further enhancing community service and development initiatives.
- Climate Resilience Program: Simmons Bank became the first FHLB Dallas member in Arkansas to utilize the FORTIFIED Fund, which supports weather-resilient roofing, helping homeowners strengthen their properties against severe weather and thereby enhancing overall community resilience.
- Long-term Commitment: The Chief Risk Officer of Simmons Bank stated that through its partnership with FHLB Dallas, the bank is dedicated to expanding support for communities, reflecting its long-standing commitment to promoting community health and development.
See More
Simmons First National Corporation Q1 2026 Earnings Call Insights
- Loan Growth Momentum: CEO Jay Brogdon highlighted a 10% annualized loan growth in Q1 despite macro uncertainty and pricing competition, reflecting the company's multi-year changes in client targeting and incentive plans, showcasing its competitive strength in the market.
- Wealth Management Team Performance: The newly hired wealth management team has already brought in over $350 million in AUM within just a few weeks, indicating that the company's strategic investments in deepening client relationships and enhancing service capabilities are yielding positive results, which is expected to further drive revenue growth.
- NII Outlook: CFO Daniel Hobbs reiterated the 2026 NII growth target of 9% to 11% and noted that the current rate outlook has been adjusted to zero rate cuts, indicating confidence in future earnings while emphasizing that deposit growth will be the primary limiting factor for loan growth.
- Funding Cost Optimization: Hobbs mentioned a 48 basis point reduction in deposit costs and a 7 basis point decline in loan yields due to balance sheet remixing, demonstrating effective measures in controlling funding costs, which will help enhance overall profitability.
See More
Simmons First (SFNC) Q1 2026 Earnings Transcript
See More
Simmons First National Reports Strong Q1 Earnings
- Stable Earnings Performance: Simmons First National reported a Q1 non-GAAP EPS of $0.47, aligning with market expectations, which reflects the company's stable profitability and helps bolster investor confidence.
- Significant Revenue Growth: The bank's Q1 revenue reached $241.4 million, marking a 15.2% year-over-year increase, although it fell short of expectations, it still indicates ongoing business growth potential and a rebound in market demand.
- Stock Buyback Program: Simmons First National has authorized a $175 million stock repurchase program aimed at enhancing shareholder value by reducing the number of outstanding shares, demonstrating management's confidence in the company's future prospects.
- Loan Growth Target: The bank targets low to mid-single-digit loan growth for 2026 while focusing on core deposits, a strategy that will help maintain a stable net interest margin and ensure financial health.
See More
Simmons First National Corporation Q1 2026 Financial Highlights
- Net Income Growth: In Q1 2026, Simmons reported net income of $68.5 million, a decrease from $78.1 million in Q4 2025 but a significant increase from $32.4 million in Q1 2025, indicating sustained profitability improvement.
- Significant Loan Growth: Total loans reached $17.933 billion, reflecting a 10% increase from Q4 2025, demonstrating strong loan demand across various sectors and regions, further solidifying the company's market position.
- Net Interest Margin Improvement: The net interest margin rose to 3.84%, up 3 basis points from the previous quarter, primarily driven by effective relationship pricing and improved funding costs, which is expected to enhance future revenue growth.
- Stable Capital Ratios: As of Q1 2026, the common equity ratio stood at 13.92%, indicating a robust capital structure that ensures the company's resilience against future economic fluctuations.
See More
Simmons First National Corporation Q1 2026 Financial Highlights
- Net Income Performance: In Q1 2026, Simmons reported net income of $68.5 million, down from $78.1 million in Q4 2025, indicating profitability pressures despite strong loan growth and margin expansion, highlighting risks from intensified market competition.
- Significant Loan Growth: Total loans increased by 10% year-over-year to $17.93 billion, primarily driven by robust demand in commercial real estate and industrial loans, demonstrating the company's success in diversifying its loan portfolio and enhancing market share.
- Improved Net Interest Margin: The net interest margin rose by 3 basis points to 3.84%, benefiting from fixed-rate asset repricing and reduced funding costs, showcasing the company's adaptability to changing interest rate environments, which supports future profitability.
- Stable Asset Quality: The non-performing loan ratio stood at 0.21%, significantly improved from 1.12% in the previous quarter, indicating effective credit risk management and bolstering investor confidence in the company's long-term stability.
See More
Simmons Bank Receives 2026 Community Revitalization Award
- Community Investment Commitment: Simmons Bank has been awarded the 2026 Community Area Revitalization Efforts (CARE) Award by the Federal Home Loan Bank of Dallas for its outstanding contributions to housing affordability and community revitalization, highlighting its significant role in community development.
- Funding Support: The award includes a $15,000 donation from FHLB Dallas to a nonprofit organization selected by Simmons Bank, further enhancing community service and development initiatives.
- Climate Resilience Program: Simmons Bank became the first FHLB Dallas member in Arkansas to utilize the FORTIFIED Fund, which supports weather-resilient roofing, helping homeowners strengthen their properties against severe weather and thereby enhancing overall community resilience.
- Long-term Commitment: The Chief Risk Officer of Simmons Bank stated that through its partnership with FHLB Dallas, the bank is dedicated to expanding support for communities, reflecting its long-standing commitment to promoting community health and development.
See More
Simmons First National Corporation Q1 2026 Earnings Call Insights
- Loan Growth Momentum: CEO Jay Brogdon highlighted a 10% annualized loan growth in Q1 despite macro uncertainty and pricing competition, reflecting the company's multi-year changes in client targeting and incentive plans, showcasing its competitive strength in the market.
- Wealth Management Team Performance: The newly hired wealth management team has already brought in over $350 million in AUM within just a few weeks, indicating that the company's strategic investments in deepening client relationships and enhancing service capabilities are yielding positive results, which is expected to further drive revenue growth.
- NII Outlook: CFO Daniel Hobbs reiterated the 2026 NII growth target of 9% to 11% and noted that the current rate outlook has been adjusted to zero rate cuts, indicating confidence in future earnings while emphasizing that deposit growth will be the primary limiting factor for loan growth.
- Funding Cost Optimization: Hobbs mentioned a 48 basis point reduction in deposit costs and a 7 basis point decline in loan yields due to balance sheet remixing, demonstrating effective measures in controlling funding costs, which will help enhance overall profitability.
See More
Simmons First (SFNC) Q1 2026 Earnings Transcript
See More
Simmons First National Reports Strong Q1 Earnings
- Stable Earnings Performance: Simmons First National reported a Q1 non-GAAP EPS of $0.47, aligning with market expectations, which reflects the company's stable profitability and helps bolster investor confidence.
- Significant Revenue Growth: The bank's Q1 revenue reached $241.4 million, marking a 15.2% year-over-year increase, although it fell short of expectations, it still indicates ongoing business growth potential and a rebound in market demand.
- Stock Buyback Program: Simmons First National has authorized a $175 million stock repurchase program aimed at enhancing shareholder value by reducing the number of outstanding shares, demonstrating management's confidence in the company's future prospects.
- Loan Growth Target: The bank targets low to mid-single-digit loan growth for 2026 while focusing on core deposits, a strategy that will help maintain a stable net interest margin and ensure financial health.
See More
Simmons First National Corporation Q1 2026 Financial Highlights
- Net Income Growth: In Q1 2026, Simmons reported net income of $68.5 million, a decrease from $78.1 million in Q4 2025 but a significant increase from $32.4 million in Q1 2025, indicating sustained profitability improvement.
- Significant Loan Growth: Total loans reached $17.933 billion, reflecting a 10% increase from Q4 2025, demonstrating strong loan demand across various sectors and regions, further solidifying the company's market position.
- Net Interest Margin Improvement: The net interest margin rose to 3.84%, up 3 basis points from the previous quarter, primarily driven by effective relationship pricing and improved funding costs, which is expected to enhance future revenue growth.
- Stable Capital Ratios: As of Q1 2026, the common equity ratio stood at 13.92%, indicating a robust capital structure that ensures the company's resilience against future economic fluctuations.
See More
Simmons First National Corporation Q1 2026 Financial Highlights
- Net Income Performance: In Q1 2026, Simmons reported net income of $68.5 million, down from $78.1 million in Q4 2025, indicating profitability pressures despite strong loan growth and margin expansion, highlighting risks from intensified market competition.
- Significant Loan Growth: Total loans increased by 10% year-over-year to $17.93 billion, primarily driven by robust demand in commercial real estate and industrial loans, demonstrating the company's success in diversifying its loan portfolio and enhancing market share.
- Improved Net Interest Margin: The net interest margin rose by 3 basis points to 3.84%, benefiting from fixed-rate asset repricing and reduced funding costs, showcasing the company's adaptability to changing interest rate environments, which supports future profitability.
- Stable Asset Quality: The non-performing loan ratio stood at 0.21%, significantly improved from 1.12% in the previous quarter, indicating effective credit risk management and bolstering investor confidence in the company's long-term stability.
See More
