Simmons First Natl 2Q FY26 net income slips 2.63% to $66.7 million - SFNC News | RalliesSimmons First Natl 2Q FY26 net income slips 2.63% to $66.7 million
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SFNC• Second-quarter results and key metrics
- Simmons First National posted 2Q26 net income of $66.7 million, down 2.63% from 1Q26; diluted EPS slipped to $0.46 from $0.47.
- Revenue rose 2.98% to $248.6 million versus 1Q26, while net interest income edged up 1.77% to $200.6 million.
- Net interest margin held at 3.84%; cost of deposits fell 3 basis points to 1.93%.
- Provision for credit losses climbed 19.18% to $17.4 million; net charge-off ratio eased to 0.20% from 0.21%.
- Committed loan production hit $1.8 billion, its highest quarterly level in almost four years; 700,000 shares were repurchased at an average $21.52.
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