Simmons First National (US:SFNC) Prnewswire·2026-01-20 21:30Financial Performance - The company reported a net income of $78.1 million for the fourth quarter of 2025, a significant recovery from a net loss of $562.8 million in the previous quarter and an increase from $48.3 million in the same quarter of 2024 [6][7] - Diluted earnings per share (EPS) for the fourth quarter of 2025 were $0.54, compared to $(4.00) in the third quarter of 2025 and $0.38 in the fourth quarter of 2024 [6][9] - Total revenue for the fourth quarter of 2025 was $249.0 million, up from $208.5 million in the fourth quarter of 2024 [10][14] Balance Sheet and Asset Quality - Total loans increased to $17.5 billion, reflecting a 7% annualized growth compared to the previous quarter [19][20] - Total deposits rose to $20.2 billion, driven by an 8% annualized increase in customer deposits [21][23] - The nonperforming loan (NPL) ratio improved to 0.64%, down from 0.90% in the previous quarter [2][24] Capital Ratios - The company's total stockholders' equity was $3.4 billion, with a book value per share of $23.62 at the end of the fourth quarter of 2025 [29][30] - The common equity tier 1 (CET1) ratio was reported at 11.63%, indicating strong capital adequacy [30][33] Noninterest Income and Expenses - Noninterest income for the fourth quarter of 2025 was $51.7 million, a recovery from a loss of $756.2 million in the previous quarter [14][15] - Noninterest expenses decreased to $139.9 million, down from $142.0 million in the third quarter of 2025 [16][18] Management Commentary - The company's President and CEO highlighted that the fourth quarter results exceeded expectations, driven by strong revenue growth and disciplined expense management [3][4] - The company is optimistic about future growth and aims to continue delivering value to customers and shareholders [5]