Keefe Bruyette cuts Simmons First National stock price target to $25

DA Davidson raised its price target for Simmons First National (SFNC) to $25, citing strong Q3 results that exceeded net interest margin and EPS expectations. The firm expects continued net interest margin expansion and modest net interest income growth. SFNC's Q3 earnings met estimates, but revenue missed slightly. Keefe, Bruyette & Woods also adjusted its price target to $25, maintaining an Outperform rating.

Simmons First National Corp (SFNC) reported Q3 2026 earnings, highlighting margin expansion and strategic reinvestments. CFO Daniel Hobbs noted expense growth may be flat or slightly down for 2026, with savings from initiatives not yet fully realized. CEO Jay Brogdon emphasized deposit growth and talent investment, while CFO Hobbs discussed a 3.92% net interest margin with upside potential. The bank added $550 million in swaps for downside protection and saw deposit costs fall 8 basis points.

DA Davidson reiterated a Neutral rating on Simmons First National (SFNC) with a $24.00 price target after mixed Q3 results. SFNC reported sequential net interest income growth and stronger-than-expected net interest margin, but loans declined by $600M. EPS met expectations at $0.54, while revenue of $251.2M missed forecasts. Credit metrics weakened slightly, with non-performing assets increasing to 1.07%.

Simmons First National (SFNC) reported Q3 net interest margin of 3.92%, up 8 basis points from Q2, with earnings per share rising by $0.04. Management expects margin upside from asset replacement and funding strategies, while cautioning about near-term balance-sheet contraction. The company plans to reinvest savings in growth areas and maintain disciplined lending.

Simmons First National Corporation (SFNC) reported Q3 2026 earnings with adjusted EPS of $0.54, meeting expectations, and revenue of $251.2M, slightly below forecasts. The company's net interest margin expanded to 3.92%, driven by strategic deleveraging and efficiency initiatives. Shares traded at $22.05, down 0.94% from the previous close.

Simmons First National Corporation reported a $47.1 million profit in Q3 2026, reversing a $562.8 million loss from Q3 2025 due to balance sheet restructuring. Earnings per share improved to a 32-cent profit from a $4 loss. Total assets decreased slightly to $24 billion, while net interest income rose by $4 million from Q2. The company's shares closed at $22.26, up 1%.