Simmons First National reported a FY 2025 net loss available to common stockholders of USD 397.6 million, or diluted EPS of USD (2.95), versus net income of USD 152.7 million, or diluted EPS of USD 1.21, in FY 2024. FY 2025 adjusted earnings (non-GAAP) were USD 233.1 million, or adjusted diluted EPS of USD 1.73. Net interest income on a fully taxable equivalent basis was USD 738.7 million in FY 2025 (+12.9%), with net interest margin of 3.32% (up 58 basis points). Noninterest income (loss) was USD (616.0) million in FY 2025, including a USD 801.5 million loss on sale of securities as part of a balance sheet repositioning; noninterest expense was USD 565.1 million in FY 2025 (+1.3%). The FY 2025 income tax provision was a benefit of USD 130.1 million (effective tax rate 24.7%). The company said 2025 included a balance sheet repositioning, including reclassifying about USD 3.59 billion of held-to-maturity securities to available-for-sale and selling about USD 3.16 billion of securities, resulting in a realized after-tax loss of USD 625.6 million; proceeds were used to pay down higher-rate wholesale/public fund deposits and borrowings, including FHLB advances. Simmons First National also raised USD 326.9 million of equity capital and issued USD 325.0 million of 6.25% fixed-to-floating subordinated notes, using proceeds to redeem USD 330.0 million of 2018 subordinated notes. At December 31, 2025, total assets were USD 24.54 billion, total loans were USD 17.49 billion (+2.9%), and total deposits were USD 20.18 billion; uninsured deposits (excluding collateralized and intercompany deposits) were about USD 4.55 billion (23% of deposits). Credit metrics included allowance for credit losses of 1.28% of total loans and nonperforming loans of USD 112.7 million (0.64% of total loans), with allowance coverage of 199%. Capital ratios included CET1 of 11.63% and Tier 1 leverage ratio of 10.06% at year-end 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Simmons First National Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-011618), on February 25, 2026, and is solely responsible for the information contained therein.