Simmons First National Corporation Reports Second Quarter 2025 Results

About this update from Simmons First National Corporation

[{"type":"text","content":"\n PINE BLUFF, Ark., July 17, 2025 /PRNewswire/ -- \n \n \n \n \n \n \n \n \n George Makris, Jr., Simmons' Chairman and CEO, commented on second quarter 2025 results:\n \n \n We were pleased with our second quarter results which reflected strong revenue growth, disciplined expense management and positive underlying balance sheet growth that led to further improvement in profitability measures. \n \n \n Our net interest margin increased for the fifth consecutive quarter and surpassed the 3 percent mark ahead of expectations. Loan yields were up and deposit costs declined for the third consecutive quarter. While overall balance sheet growth was muted, our loan pipeline remains strong and our focus on profitability as well as loan and deposit remixing resulted in C&I growth coupled with a $233.1 million increase in low-cost customer deposits. At the same time, asset quality metrics were stable.\n \n \n While certain administration policies have become clearer, tariff volatility looms large and is a key to future interest rate moves and economic conditions. Against this backdrop, we continue our focus on organic growth in our very attractive footprint and are encouraged by our positive momentum heading into the last half of 2025.\n \n \n \n \n \n \n \n Financial Highlights\n \n \n \n \n \n \n 2Q25\n \n \n \n \n \n \n 1Q25\n \n \n \n \n \n \n 2Q24\n \n \n \n \n \n \n \n \n \n 2Q25 Highlights\n \n \n \n \n \n \n \n \n Balance Sheet (in millions)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Comparisons reflect 2Q25 vs 1Q25 unless otherwise noted\n \n \n \n • Net income of $54.8 million and diluted EPS of 0.43\n \n \n \n • Adjusted net income1 of $56.1 million and adjusted diluted EPS1 of $0.44\n \n \n \n • Total revenue of $214.2 million and PPNR1 of $75.6 million\n \n \n \n • Adjusted total revenue1 of $214.2 million and adjusted PPNR1 of $77.3 million\n \n \n \n • Net interest income up $8.4 million, or 5 percent\n \n \n \n • Net interest margin up 11 basis points to 3.06 percent; the 5th consecutive quarterly increase in net interest margin\n \n \n \n • Pricing discipline led to 6 basis point increase in loan yields\n \n \n \n • Cost of deposits down 8 bps; low-cost customer deposits up $233.1 million\n \n \n \n • Noninterest expense of $138.6 million; adjusted noninterest expense1 of $136.8 million, down 5 percent\n \n \n \...

More updates from Simmons First National Corporation