Simmons First National Corporation filed its quarterly report on Form 10-Q for the period ended September 30, 2026, with the SEC on November 4, 2026, reporting third-quarter net income of $47.1 million compared to a net loss of $562.8 million in the prior-year quarter.

Key Highlights

  • Third-quarter net income: $47,113 thousand ($0.32 diluted earnings per share), versus a net loss of $562,792 thousand ($4.00 diluted loss per share) in Q3 2025.
  • Nine-month net income: $182,348 thousand ($1.25 diluted earnings per share) for the nine months ended September 30, 2026, versus a net loss of $475,631 thousand in the same period of 2025.
  • Net interest income: $203,976 thousand for Q3 2026, up from $186,661 thousand in Q3 2025; $601,771 thousand for the nine months ended September 30, 2026, versus $521,907 thousand for the same prior-year period.
  • Total assets: $24,074,481 thousand as of September 30, 2026, down from $24,540,877 thousand at December 31, 2025.
  • Total deposits: $18,616,143 thousand at September 30, 2026, compared to $20,184,038 thousand at December 31, 2025.
  • Allowance for credit losses on loans: $238,520 thousand at September 30, 2026, versus $224,377 thousand at December 31, 2025.
  • Shares outstanding: 144,211,340 shares of common stock as of October 30, 2026, per the filing.

Simmons First National Reports Q3 2026 Earnings and Balance Sheet Changes

According to the filing, Simmons First National Corporation (NASDAQ:SFNC) recorded net income of $47,113 thousand for the three months ended September 30, 2026, a significant reversal from the net loss of $562,792 thousand in Q3 2025. The company disclosed that the prior-year quarter included a loss on sale of securities, net of $801,492 thousand, which drove total noninterest income (loss) to negative $756,187 thousand in Q3 2025. No comparable securities loss was reported in Q3 2026, with total noninterest income of $47,191 thousand for the current quarter.

For the nine months ended September 30, 2026, the filing reported total interest income of $918,537 thousand and total interest expense of $316,766 thousand, producing net interest income of $601,771 thousand. Provision for credit losses for the nine-month period was $44,223 thousand, compared to $50,708 thousand for the same period in 2025. Total noninterest expense for the nine months was $470,447 thousand, versus $425,201 thousand in the prior-year period, with salaries and employee benefits accounting for $229,552 thousand of that total.

On the balance sheet, total assets stood at $24,074,481 thousand as of September 30, 2026, down from $24,540,877 thousand at December 31, 2025. The filing disclosed that total deposits declined to $18,616,143 thousand from $20,184,038 thousand over the same period, primarily reflecting a reduction in time deposits from $4,712,658 thousand to $3,324,686 thousand. Accumulated other comprehensive loss widened to $444,941 thousand at September 30, 2026, from $293,130 thousand at December 31, 2025. Total stockholders' equity was reported at $3,349,804 thousand, compared to $3,419,240 thousand at year-end 2025. Goodwill remained unchanged at $1,320,799 thousand across both periods.

What Was Disclosed

Simmons First National Corporation filed its Form 10-Q for Q3 2026, disclosing a return to profitability following a large securities loss in Q3 2025, along with changes in total assets, deposits, credit loss reserves, and stockholders' equity as of September 30, 2026.