What is the revenue and EPS growth rate for Simmons First National year over year?

What is Simmons First National's latest dividend and current dividend yield?

What does Simmons First National do and what are its main business segments?

What is Simmons First National's gross profit margin?

What were the key takeaways from Simmons First National's earnings call?

Did Simmons First National beat or miss consensus estimates last quarter?

What is the market's earnings forecast for Simmons First National next quarter?

What factors drove the changes in Simmons First National's revenue and profit?

- **Strategic Shift to Growth**: Simmons prioritizes organic growth through talent acquisition and operational excellence, targeting disciplined loan growth with risk-adjusted returns.
- **NIM Resilience**: Q3 NIM of 3.76% reflects restructuring; Q4 guide of 3.65%+ supported by repricing tailwinds and hedging strategies.
- **Deposit Optimization**: Brokered deposits reduced to 9% of total, with core deposit growth and beta moderation expected.
- **Credit Stability**: Stable metrics with proactive management of lower-quality loans, offsetting consumer deposit trends.
- **CEO Vision**: Makris forecasts 2026 earnings growth of $650 million, highlighting the impact of recent restructuring.

**【Opening Remarks】**
- Edward Bilek emphasized the Q&A format and reminded participants of forward-looking statements and non-GAAP metrics. He highlighted the availability of earnings materials on the company website.

**【Strategic Initiatives】**
- Jay Brogdon outlined priorities: organic growth through talent acquisition and operational excellence, with a focus on disciplined loan growth and risk-adjusted returns. He noted low single-digit loan growth expectations but highlighted tailwinds from repricing fixed-rate loans.

**【Net Interest Margin (NIM) Dynamics】**
- CFO Charles Hobbs detailed the $1.4 billion HTM restructuring, which shifted the balance sheet to asset-sensitive. The Q3 NIM of 3.76% was partially impacted by rate cuts, with a Q4 guide of 3.65%+. Hedging strategies aim to maintain NIM between 3.50%-3.75% over 12 months.

**【Deposit Management】**
- Brokered deposits reduced to $1.8 billion (9% of total), with plans to eliminate them via core deposit growth. Deposit beta of 65% is expected to moderate due to reduced brokered balances. Commercial deposit growth offset consumer trends.

**【Expense and Growth Balance】**
- Jay Brogdon noted Q3 expenses may reflect one-time items but expects ongoing efficiency gains. Talent investment is balanced with cost control, targeting 3-4% expense growth.

**【Credit Outlook】**
- Stable credit metrics with NPLs and charge-offs in line with expectations. Proactive management of lower-quality loans, with $3 billion in repricing fixed-rate loans supporting margin resilience.

**【Closing Remarks】**
- CEO George Makris praised the bold restructuring and expressed optimism for 2026, citing potential $650 million earnings growth. He thanked analysts for their support over the years.

Simmons First National Corporation (SFNC) Q3 2025 Earnings Call Transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

SFNC

SFNC fundamentals

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