Simmons First National Reports Q2 2026: Adjusted EPS $0.50, Stable NIM, $161M Buyback Remaining
SFNC sits 37% above its 52-week low of $17 on elevated volume (2.6× avg).
Summary
Simmons First National posted Q2 2026 adjusted EPS of $0.50 on stable margins and loan growth, repurchased 0.7M shares, and detailed efficiency measures in an investor presentation.
Key Events · Earnings and Guidance · SFNC
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Q2 Earnings Beat
Adjusted net income of $72.2M ($0.50/share) exceeded 1Q26's $68.6M ($0.47), driven by revenue growth and disciplined expense control.
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Stable Net Interest Margin
NIM held at 3.84% as cost of deposits declined 3 bps to 1.93%, aided by a 6% annualized increase in noninterest bearing deposits.
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Loan Growth Accelerates
Total loans rose 3% annualized linked quarter to $18.1B, with committed loan production hitting $1.8B — the highest in nearly four years.
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Share Repurchases Continue
Repurchased 0.7M shares at an average price of $21.52; $161M remains under the 2026 buyback program.
Analysis · SFNC · Finance
Simmons First National delivered second-quarter results with adjusted earnings of $72.2 million, or $0.50 per share, beating the prior quarter's $0.47. Net interest margin held steady at 3.84% as deposit costs ticked lower, and loan growth accelerated to a 3% annualized pace. The bank repurchased 0.7 million shares during the quarter, leaving $161 million under its 2026 authorization — a signal of confidence in capital strength. Credit quality remains manageable, though nonperforming loans rose due to a single construction relationship that had been flagged previously. The accompanying investor presentation outlines efficiency initiatives that are expected to more than fund ongoing investments, supporting the outlook for double-digit pre-provision net revenue growth this year.
At the time of this filing, SFNC was trading at $23.25 on NASDAQ in the Finance sector, with a market capitalization of approximately $3.4B. The 52-week trading range was $17.00 to $23.91. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.