Simmons First National Corporation Q1 FY2026 earnings call

Q: David Feaster with Raymond James asked about what changed to get the 10% annualized loan growth, sustainability of growth, talent hires on commercial and consumer side, pipelines for new hires, and new wealth management team.

A: Jay Brogdon responded about focus on quality growth, new leadership hires bringing capabilities, talent pipeline and opportunities, and new wealth team bringing over $350 million in AUM with good referrals.

Q: Woody Lay with KBW asked about NIM tracking higher and deposit competition impact on NIM.

A: Daniel Hobbs said linked quarter NIM grew 3 basis points, focus on driving funding and deposit costs lower, remixing balance sheet, and looking at high end of NII growth range.

Q: Matt Olney with Stevens, Inc. asked about operating leverage updated views and charge-off guidance.

A: Jay Brogdon was optimistic on plus side of 5% operating leverage, and Daniel Hobbs said charge-off guidance remains based on known situations with low loss content.

Q: Steven Scouten with Piper Sandler asked about loan growth trends, deposit CD maturities, pay down environment, and share repurchase.

A: Jay Brogdon talked about loan growth early in quarter, CD repricing, elevated pay down environment, and share repurchase evaluation.

Q: Brian Wozinski with Morgan Stanley asked about new capital proposals and credit exposure.

A: Jay Brogdon said initial view is capital benefit, and Daniel Hobbs gave details on a specific loan exposure.

Q: Gary Tenner with DA Davidson asked about March 31 deposit spot rate and SBIC valuation adjustment.

A: Daniel Hobbs provided that March deposit cost was $195 and SBIC valuation adjustment net was negative $1.8 million