Simmons First National Corporation reported strong financial performance for the second quarter of 2025. The company's net income increased to $54.8 million, up from $32.4 million in the first quarter of 2025 and $40.8 million in the second quarter of 2024. Adjusted diluted earnings per share rose to $0.44, compared to $0.26 in the previous quarter and $0.33 in the same quarter last year. Total revenue for the quarter was $214.2 million, with a pre-provision net revenue (PPNR) of $75.6 million. Adjusted total revenue and adjusted PPNR were $214.2 million and $77.3 million, respectively. The net interest income increased by $8.4 million, or 5 percent, and the net interest margin improved by 11 basis points to 3.06 percent. The company experienced a 6 basis point increase in loan yields and an 8 basis point decrease in the cost of deposits, alongside a $233.1 million increase in low-cost customer deposits. Noninterest expense totaled $138.6 million, with an adjusted noninterest expense of $136.8 million, reflecting a 5 percent decline. Total loans and deposits remained stable, with slight variations from previous periods.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.