Simmons First Q3 Adjusted EPS Rises to $0.54 as Margin Expands 8 bps
SFNC sits 30% above its 52-week low of $17 on elevated volume (2.6× avg).
Summary
Simmons First reported Q3 2026 adjusted diluted EPS of $0.54, up from $0.50 in Q2 and $0.46 a year ago, while GAAP EPS fell to $0.32 from $0.46 as $43.2M of pre-tax items — branch/real estate rightsizing, severance, professional services and accelerated prepaid expenses — hit the quarter. Net interest margin expanded 8 bps to 3.92% on higher loan yields and a lower cost of deposits, and adjusted ROTCE improved to 15.50% from 14.37%. The balance sheet shrank: loans fell to $17.5B from $18.1B and deposits to $18.6B from $19.7B as management ran off low-relationship credits and high-cost funding. Credit quality softened modestly — nonperforming loans rose to $179.9M from $166.1M and the NCO ratio ticked up to 27 bps from 20 bps, though the allowance was built to 1.37% of loans. This follows the September 3 restructuring announcement of 26 branch closures effective December 4, 2026, which is driving the elevated expense items. Management flagged an Investor Day in December for strategic objectives and financial targets; the Q3 call is October 16 at 7:30 a.m. CT.
At the time of this announcement, SFNC was trading at $22.15 on NASDAQ in the Finance sector, with a market capitalization of approximately $3.2B. The 52-week trading range was $17.00 to $24.32. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: PR Newswire.