Simmons First National 3Q 2026: Net income $47.1M, EPS $0.32— 10-Q Summary

What happened

Simmons First National reported third-quarter 2026 net income of $47.1 million, or $0.32 per diluted share, compared with a $562.8 million loss and a $4.00 per-share loss a year earlier. It announced 26 branch closures effective December 4, 2026, with estimated pretax costs of $20 million to $23 million.

Confirmed

Global impact / market context

The reported return to profit was helped by comparison with a prior-year quarter that included a large securities-sale loss. The branch closures and automation effort could lower ongoing expenses over time, but the stated closure costs mean the changes also bring near-term charges.

Analyst inference

Net interest income, the difference between interest earned on loans and investments and interest paid on deposits and borrowing, rose 9.3% year over year. However, nonperforming loans increased, mainly due to one construction relationship, making credit quality an important counterweight to income growth.

Analyst inference

What to watch

1. Track whether net interest income and recurring fee income continue to rise, since those revenue sources can support earnings if lending conditions and customer activity hold up. Analyst inference
2. Watch for the 26 announced branch closures to take effect on December 4, 2026, and for the estimated $20 million to $23 million pretax costs to be recorded. Confirmed
3. Look for updates on nonperforming loans and construction lending; further deterioration could require more money set aside for expected loan losses and weigh on future profits. Analyst inference

Evidence

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