# EDGAR Filing Document

**Accession Number:** 0000090498
**File Stem:** 0001193125-26-159123
**Filing Date:** 2026-4
**Character Count:** 195151
**Document Hash:** 778027bb19e2b6091c51738c6dea4879
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-159123.hdr.sgml**: 20260416

**ACCESSION NUMBER**: 0001193125-26-159123

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 46

**CONFORMED PERIOD OF REPORT**: 20260416

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260416

**DATE AS OF CHANGE**: 20260416

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SIMMONS FIRST NATIONAL CORP
- **CENTRAL INDEX KEY:** 0000090498
- **STANDARD INDUSTRIAL CLASSIFICATION:** NATIONAL COMMERCIAL BANKS [6021]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 710407808
- **STATE OF INCORPORATION:** AR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-06253
- **FILM NUMBER:** 26867978

**BUSINESS ADDRESS:**
- **STREET 1:** 501 MAIN STREET
- **CITY:** PINE BLUFF
- **STATE:** AR
- **ZIP:** 71601
- **BUSINESS PHONE:** 8705411000

**MAIL ADDRESS:**
- **STREET 1:** 501 MAIN STREET
- **CITY:** PINE BLUFF
- **STATE:** AR
- **ZIP:** 71601

?xml version='1.0' encoding='ASCII'? 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 16, 2026

SIMMONS FIRST NATIONAL CORPORATION

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| Arkansas | 0-6253 | 71-0407808 |
| <br> (State or other jurisdiction of<br> incorporation) | <br> (Commission File Number) | <br> (I.R.S. Employer Identification No.) |
| 501 Main Street, Pine Bluff, Arkansas |  | 71601 |
| (Address of principal executive offices) |  | (Zip Code) |

---

(870) 541-1000

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| &nbsp;&nbsp;&nbsp;Common stock, par value $0.01 per share | SFNC | The Nasdaq Global Select Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company [ ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

------

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| | |
|:---|:---|
| **Item 2.02** | **Results of Operations and Financial Condition.**  |

---

On April 16, 2026, the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information provided pursuant to this Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 ("Exchange Act") or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Registrant under the Securities Act of 1933 ("Securities Act") or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

---

| | |
|:---|:---|
| **Item 7.01** | **Regulation FD Disclosure.**  |

---

On April 16, 2026, the Registrant issued an investor presentation, a copy of which is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

The information provided pursuant to this Item 7.01, including Exhibit 99.2, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Registrant under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

---

| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits.**  |

---

---

| | |
|:---|:---|
| Exhibit 99.1 | [Press Release dated April 16, 2026](d102541dex991.htm) |
| Exhibit 99.2 | [Investor Presentation issued on April 16, 2026](d102541dex992.htm) |
| Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL Document) |

---

------

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
|  | **SIMMONS FIRST NATIONAL CORPORATION** |
| Date: April 16, 2026 | /s/ C. Daniel Hobbs |
|  | C. Daniel Hobbs, Executive Vice President and |
|  | Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**![LOGO](g102541dsp005.jpg)

April 16, 2026

**Simmons First National Corporation Reports First Quarter EPS of $0.47** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **FINANCIAL HIGHLIGHTS** | **1Q26** | **4Q25** | **1Q25** | **1Q26 Highlights** |
|  **INCOME STATEMENT SUMMARY (in millions)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Total revenue | $**241.4** | $249.0 | $209.6 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Adjusted total revenue<sup>1</sup> | **241.4** | 249.0 | 209.6 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Pre-provision net revenue<sup>1</sup> (PPNR) | **100.7** | 109.1 | 65.0 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Adjusted pre-provision net revenue<sup>1</sup> | **100.7** | 110.4 | 66.0 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Provision for credit losses | **14.6** | 15.1 | 26.8 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Net income | **68.5** | 78.1 | 32.4 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Adjusted net income<sup>1</sup> | **68.6** | 79.0 | 33.1 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  **PER SHARE DATA** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Diluted earnings | $**0.47** | $0.54 | $0.26 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Adjusted diluted earnings<sup>1</sup> | **0.47** | 0.54 | 0.26 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Cash dividend declared | **0.2150** | 0.2125 | 0.2125 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  **BALANCE SHEET** (in millions) |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Total loans | $**17933** | $17492 | $17094 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Total deposits | **20203** | 20184 | 21685 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Total assets | **24693** | 24541 | 26793 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Total shareholders' equity | **3438** | 3419 | 3531 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  **ASSET QUALITY** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Net charge-off ratio (NCO ratio) | **0.21%** | 1.12% | 0.23% | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Allowance for credit losses to loans (ACL) | **1.28** | 1.28 | 1.48 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  **CAPITAL RATIOS** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Equity to assets (EA) ratio | **13.92%** | 13.93% | 13.18% | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Tangible common equity (TCE) ratio<sup>1</sup> | **8.74** | 8.71 | 8.34 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Common equity tier 1 (CET1) ratio | **11.58** | 11.63 | 12.21 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Total risk-based capital ratio | **14.36** | 14.45 | 14.59 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  **OTHER RATIOS** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Return on average assets | **1.13%** | 1.28% | 0.49% | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Adjusted return on average assets<sup>1</sup> | **1.13** | 1.29 | 0.50 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Return on average common equity | **8.01** | 9.08 | 3.69 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Return on average tangible common equity<sup>1</sup> | **13.90** | 15.92 | 6.61 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Adj. return on avg. tangible common equity<sup>1</sup> | **13.91** | 16.10 | 6.75 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Net interest margin (FTE) | **3.84** | 3.81 | 2.95 | &nbsp;&nbsp;&nbsp;&nbsp; <br> *Comparisons reflect 1Q26 vs 4Q25 unless otherwise noted*<br>• Net income of $68.5 million and diluted EPS of $0.47<br>• Adjusted net income<sup>1</sup> of $68.6 million and adjusted diluted EPS<sup>1</sup> of $0.47<br>• ROAA of 1.13% and ROE of 8.01%<br>• Adjusted ROAA<sup>1</sup> of 1.13%; adjusted ROTCE<sup>1</sup> of 13.91%<br>• Total revenue of $241.4 million and PPNR<sup>1</sup> of $100.7 million<br>• Net interest margin up 3 bps to 3.84%; cost of deposits down 8 bps to 1.96%<br>• Efficiency ratio of 57.56%; adjusted efficiency ratio<sup>1</sup> of 56.16%<br>• Broad based growth drives total loans up 10% annualized<br>• Unfunded commitments up 5%<br>• Total average deposits up 6% annualized<br>• Provision expense exceeded net charge-offs by $5.5 million<br>• NCO ratio at 21 bps for 1Q26; ACL steady at 1.28% |
|  Efficiency ratio | **57.56** | 55.52 | 66.94 |  |
|  Adjusted efficiency ratio<sup>1</sup> | **56.16** | 53.64 | 64.75 |  |

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**Jay Brogdon, Simmons' President and CEO, commented on first quarter 2026 results:** 

*Simmons delivered solid results in the first quarter driven by strong loan growth, expanding margin, and continued earnings momentum. Loans grew 10 percent linked quarter annualized, with growth broad-based across geography and industry. Net interest margin expanded linked quarter, increasing three basis points to 3.84 percent, benefiting from disciplined relationship pricing, fixed rate asset repricing and improving funding costs. Net charge-offs for the quarter were 21 basis points and provision expense exceeded net charge-offs by $5.5 million, primarily due to loan growth.* 

*Looking forward, we remain committed to delivering disciplined growth and designing a more efficient and scalable infrastructure. The talent environment continues to be favorable and supports our organic growth priorities. We are increasingly optimistic about the prospects for consistently achieving returns that exceed our long-range targets.* 

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**Simmons First National Corporation (NASDAQ: SFNC)** (Simmons or Company) today reported net income of $68.5 million for the first quarter of 2026, compared to net income of $78.1 million for the fourth quarter of 2025 and net income of $32.4 million for the first quarter of 2025. Diluted earnings per share were $0.47 for the first quarter of 2026, compared to $0.54 for the fourth quarter of 2025 and $0.26 for the first quarter of 2025. Adjusted earnings<sup>1</sup> for the first quarter of 2026 were $68.6 million, compared to $79.0 million for the fourth quarter of 2025 and $33.1 million for the first quarter of 2025. Adjusted diluted earnings per share<sup>1</sup> for the first quarter of 2026 were $0.47, compared to $0.54 for the fourth quarter of 2025 and $0.26 for the first quarter of 2025.

For the first quarter of 2026, return on average assets was 1.13 percent and return on average common equity was 8.01 percent. Adjusted return on average assets<sup>1</sup> was 1.13 percent and adjusted return on average tangible common equity<sup>1</sup> was 13.91 percent.

The table below summarizes the impact of certain items, consisting primarily of FDIC deposit insurance special assessment, professional services, branch right sizing costs, early retirement program costs and a loss on the sale of equipment finance business. These items are also described in further detail in the "Reconciliation of Non-GAAP Financial Measures" tables contained in this press release.

**Impact of Certain Items on Earnings and Diluted Earnings Per Share (EPS)** 

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| | | | |
|:---|:---|:---|:---|
| $ in millions, except per share data | **1Q26** | 4Q25 | 1Q25 |
|  **Net income** | $**68.5** | $78.1 | $32.4 |
|  FDIC deposit insurance special assessment | **(2.0)** |  |  |
|  Professional services | **1.2** |  |  |
|  Branch right sizing costs, net | **0.6** | 0.1 | 1 |
|  Early retirement program costs | **0.3** |  |  |
|  Loss on sale of equipment finance business | **—** | 1.1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total pre-tax impact | **0.1** | 1.2 | 1 |
|  Tax effect | **—** | (0.3) | (0.3) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total impact on earnings | **0.1** | 0.9 | 0.7 |
|  **Adjusted earnings<sup>1, 3</sup>** | $**68.6** | $79 | $33.1 |
|  **Diluted EPS** | $**0.47** | $0.54 | $0.26 |
|  FDIC deposit insurance special assessment | **(0.01)** |  |  |
|  Professional services | **0.01** |  |  |
|  Branch right sizing costs, net | **—** |  |  |
|  Early retirement program costs | **—** |  |  |
|  Loss on sale of equipment finance business | **—** | 0.01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total pre-tax impact | **—** | 0.01 |  |
|  Tax effect | **—** | (0.01) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total impact on earnings | **—** |  |  |
|  **Adjusted Diluted EPS<sup>1</sup>** | $**0.47** | $0.54 | $0.26 |

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**Net Interest Income** 

Net interest income for the first quarter of 2026 totaled $197.2 million, compared to $197.3 million for the fourth quarter of 2025 and $163.4 million for the first quarter of 2025. The increase in net interest income on a year-over-year basis was primarily due to a $39.8 million decrease in interest expense, which included a $32.9 million decrease in interest bearing deposit costs and a $6.9 million decrease in the cost of other interest bearing liabilities. The decrease in interest expense compared to the prior year quarter reflected a reduction of wholesale funding as a result of the balance sheet repositioning completed in the third quarter of 2025, as well as a lower interest rate environment.

Net interest margin for the first quarter of 2026 on a fully taxable equivalent basis was 3.84 percent, up 3 basis points compared to 3.81 percent for the fourth quarter of 2025 and up 89 basis points compared to 2.95 percent for the first quarter of 2025. The increase in net interest margin on a linked quarter basis was driven by a 6 percent annualized increase in average loans, coupled with a 13 percent annualized increase in average low-cost interest bearing transaction and savings accounts. The increase in net interest margin on a year-over-year basis primarily reflected the balance sheet repositioning that was completed during the third quarter of 2025.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Select Yield/Rates** | **1Q26** | 4Q25 | 3Q25 | 2Q25 | 1Q25 |
|  Loan yield (FTE)<sup>2</sup> | **6.16%** | 6.23% | 6.31% | 6.26% | 6.20% |
|  Investment securities yield (FTE)<sup>2</sup> | **4.25** | 4.30 | 4.01 | 3.48 | 3.48 |
|  Cost of interest bearing deposits | **2.47** | 2.62 | 2.86 | 2.97 | 3.05 |
|  Cost of deposits | **1.96** | 2.04 | 2.25 | 2.36 | 2.44 |
|  Net interest spread (FTE)<sup>2</sup> | **3.27** | 3.18 | 2.86 | 2.41 | 2.30 |
|  Net interest margin (FTE)<sup>2</sup> | **3.84** | 3.81 | 3.50 | 3.06 | 2.95 |

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**Noninterest Income** 

Noninterest income for the first quarter of 2026 was $44.2 million, compared to $51.7 million in the fourth quarter of 2025 and $46.2 million in the first quarter of 2025. The decrease in noninterest income on a linked quarter basis was primarily due to a Small Business Investment Company (SBIC) negative valuation adjustment in the first quarter of 2026 and proceeds from bank owned life insurance death benefits recorded in the fourth quarter of 2025, both of which are included in other income in the table below.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Noninterest Income**<br> $ in millions | **1Q26** | 4Q25 | 3Q25 | 2Q25 | 1Q25 |
|  Service charges on deposit accounts | $**12.7** | $12.7 | $13.0 | $12.6 | $12.6 |
|  Wealth management fees | **10.5** | 10.3 | 10.0 | 9.5 | 9.6 |
|  Debit and credit card fees | **8.5** | 8.7 | 8.5 | 8.6 | 8.4 |
|  Mortgage lending income | **1.9** | 2.2 | 2.3 | 1.7 | 2.0 |
|  Other service charges and fees | **1.6** | 1.5 | 1.5 | 1.3 | 1.3 |
|  Bank owned life insurance | **4.2** | 3.9 | 3.9 | 3.9 | 4.1 |
|  Gain (loss) on sale of securities | **—** |  | (801.5) |  |  |
|  Other income | **4.8** | 12.4 | 6.1 | 4.8 | 8.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total noninterest income | $**44.2** | $51.7 | $(756.2) | $42.4 | $46.2 |
|  Adjusted noninterest income<sup>1</sup> | $**44.2** | $51.7 | $45.9 | $42.4 | $46.2 |

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**Noninterest Expense** 

Noninterest expense for the first quarter of 2026 was $140.7 million, compared to $139.9 million in the fourth quarter of 2025 and $144.6 million in the first quarter of 2025. Included in noninterest expense are certain items consisting of branch right sizing costs, early retirement program costs, termination of vendor and software services, FDIC Deposit Insurance special assessment, professional services and a loss on the sale of an equipment finance business. Collectively, these items totaled $30 thousand in the first quarter of 2026, $1.2 million in the fourth quarter of 2025 and $1.0 million in the first quarter of 2025. Excluding these items (which are described in the "Reconciliation of Non-GAAP Financial Measures" table below) adjusted noninterest expense<sup>1</sup> was $140.6 million in the first quarter of 2026, $138.6 million in the fourth quarter of 2025 and $143.6 million in the first quarter of 2025. The increase in adjusted noninterest expense on a linked quarter basis was primarily due to an increase in salaries and benefits reflecting a seasonal increase in payroll taxes expense incurred during the first quarter of 2026.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Noninterest Expense**<br> $ in millions | **1Q26** | 4Q25 | 3Q25 | 2Q25 | 1Q25 |
|  Salaries and employee benefits | $**75.9** | $72.9 | $76.2 | $73.9 | $74.8 |
|  Occupancy expense, net | **12.2** | 11.6 | 12.1 | 11.8 | 12.7 |
|  Furniture and equipment | **5.4** | 5.3 | 5.3 | 5.5 | 5.5 |
|  Deposit insurance | **2.3** | 4.7 | 5.2 | 4.9 | 5.4 |
|  Other real estate and foreclosure expense | **0.3** | 0.4 | 0.2 | 0.2 | 0.2 |
|  Other operating expenses | **44.5** | 44.8 | 43.0 | 42.3 | 46.1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total noninterest expense | $**140.7** | $139.9 | $142.0 | $138.6 | $144.6 |
|  Adjusted salaries and employee benefits<sup>1</sup> | $**75.6** | $72.9 | $75.9 | $72.3 | $74.8 |
|  Adjusted other operating expenses<sup>1</sup> | **43.1** | 44.0 | 41.5 | 42.5 | 45.9 |
|  Adjusted noninterest expense<sup>1</sup> | **140.6** | 138.6 | 139.7 | 136.8 | 143.6 |
|  Efficiency ratio | **57.56%** | 55.52% | (25.11)% | 62.82% | 66.94% |
|  Adjusted efficiency ratio<sup>1</sup> | **56.16** | 53.64 | 57.72 | 60.52 | 64.75 |
|  Full-time equivalent employees | **2913** | 2917 | 2883 | 2947 | 2949 |
|  Number of financial centers | **221** | 222 | 223 | 223 | 222 |

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**Loans and Unfunded Loan Commitments** 

Total loans at the end of the first quarter of 2026 were $17.9 billion, up $440.7 million, or 10 percent annualized, compared to $17.5 billion at the end of the fourth quarter of 2025. The increase in total loans was driven by increases in commercial real estate, commercial and industrial, mortgage warehouse and agricultural portfolios, offset in part by a decrease in real estate construction. Unfunded loan commitments at the end of the first quarter of 2026 were $4.1 billion, compared to $3.9 billion at the end of the fourth quarter of 2025. The commercial loan pipeline totaled $1.6 billion at the end of the first quarter of 2026, and ready-to-close commercial loans totaled $651 million with a weighted average rate of 6.40 percent.

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Loans and Unfunded Loan Commitments**<br> $ in millions | **1Q26** | 4Q25 | 3Q25 | 2Q25 | 1Q25 |
|  Total loans | $**17933** | $17492 | $17189 | $17111 | $17094 |
|  Unfunded loan commitments | **4068** | 3871 | 3955 | 3947 | 3888 |

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**Deposits and Other Borrowings** 

Total deposits at the end of the first quarter of 2026 were $20.2 billion, up $19 million compared to the end of the fourth quarter of 2025. The increase in total deposits reflected a $214 million increase in interest bearing transaction accounts and savings accounts, offset primarily from the continued planned run-off of higher rate, non-relationship time deposits or subsequent reinvestment of maturing time deposits into lower cost deposits. The decrease in total deposits on a year-over-year basis primarily reflects a reduction of higher rate, non-relationship wholesale and public fund deposits as part of the balance sheet repositioning completed during the third quarter of 2025.

Other borrowings at the end of the first quarter of 2026 were $446.8 million, compared to $302.3 million at the end of the fourth quarter of 2025 and $884.9 million at the end of the first quarter of 2025. The decrease in other borrowings on a year-over-year basis reflected a reduction of higher cost wholesale funding, primarily FHLB advances, as part of the balance sheet repositioning completed during the third quarter of 2025.

**Deposits** 

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| $ in millions | **1Q26** | 4Q25 | 3Q25 | 2Q25 | 1Q25 |
|  Noninterest bearing deposits | $**4290** | $4330 | $4377 | $4468 | $4455 |
|  Interest bearing transaction accounts | **10667** | 10453 | 10289 | 10532 | 10621 |
|  Time deposits | **3334** | 3508 | 3331 | 3588 | 3695 |
|  Brokered deposits | **1912** | 1893 | 1841 | 3237 | 2914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total deposits | $**20203** | $20184 | $19838 | $21825 | $21684 |
|  Noninterest bearing deposits to total deposits | **21%** | 21% | 22% | 20% | 21% |
|  Total loans to total deposits | **89** | 87 | 87 | 78 | 79 |

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**Asset Quality** 

Provision for credit losses on loans totaled $14.6 million for the first quarter of 2026, compared to $15.1 million in the fourth quarter of 2025 and $26.8 million in the first quarter of 2025. Net charge-offs as a percentage of average loans for the first quarter of 2026 were 21 basis points, compared to 112 basis points in the fourth quarter of 2025 and 23 basis points in the first quarter of 2025. Provision for credit losses on loans exceeded net charge-offs by $5.5 million during the first quarter of 2026 primarily as a result of strong loan growth during the quarter. The allowance for credit losses on loans at the end of the first quarter of 2026 was $229.9 million, compared to $224.4 million at the end of the fourth quarter of 2025 and $252.2 million at the end of the first quarter of 2025. The allowance for credit losses on loans as a percentage of total loans at the end of the first quarter of 2026 was 1.28 percent, unchanged from the end of the fourth quarter of 2025.

Total nonperforming loans at the end of the first quarter of 2026 totaled $141.9 million, compared to $112.7 million at the end of the fourth quarter of 2025 and $152.3 million at the end of the first quarter of 2025. The increase in nonperforming loans on a linked quarter basis was primarily due to a single real estate construction relationship that is well collateralized and that management believes has limited loss content. The nonperforming loan coverage ratio ended the first quarter of 2026 at 162 percent, compared to 199 percent at the end of the fourth quarter of 2025 and 165 percent at the end of the first quarter of 2025. Total nonperforming assets as a percentage of total assets were 63 basis points at the end of the first quarter of 2026, compared to 51 basis points at the end of the fourth quarter of 2025 and 61 basis points at the end of the first quarter of 2025.

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**Asset Quality** 

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| $ in millions | **1Q26** | 4Q25 | 3Q25 | 2Q25 | 1Q25 |
|  Allowance for credit losses on loans to total loans | **1.28%** | 1.28% | 1.50% | 1.48% | 1.48% |
|  Allowance for credit losses on loans to nonperforming loans | **162** | 199 | 168 | 161 | 165 |
|  Nonperforming loans to total loans | **0.79** | 0.64 | 0.90 | 0.92 | 0.89 |
|  Net charge-off ratio (annualized) | **0.21** | 1.12 | 0.25 | 0.25 | 0.23 |
|  Net charge-off ratio YTD (annualized) | **0.21** | 0.47 | 0.24 | 0.24 | 0.23 |
|  Total nonperforming loans | $**141.9** | $112.7 | $153.9 | $157.2 | $152.3 |
|  Total other nonperforming assets | **12.6** | 12.4 | 6.8 | 9.5 | 10.0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total nonperforming assets | $**154.5** | $125.1 | $160.7 | $166.7 | $162.3 |
|  Reserve for unfunded commitments | $**25.6** | $25.6 | $25.6 | $25.6 | $25.6 |

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**Capital** 

Total stockholders' equity at the end of the first quarter of 2026 and fourth quarter of 2025 was $3.4 billion, compared to $3.5 billion at the end of the first quarter of 2025. Book value per share at the end of the first quarter of 2026 was $23.70, compared to $23.62 at the end of the fourth quarter of 2025 and $28.04 at the end of the first quarter of 2025. Tangible book value per share<sup>1</sup> at the end of the first quarter of 2026 was $14.03, compared to $13.91 at the end of the fourth quarter of 2025 and $16.81 at the end of the first quarter of 2025. The increase in book value per share and tangible book value per share on a linked quarter basis was primarily due to a $37.4 million increase in undivided profits. The year-over-year decline in book value per share and tangible book value per share was primarily due to the balance sheet repositioning completed in the third quarter of 2025.

Total stockholders' equity as a percentage of total assets at the end of the first quarter of 2026 was 13.9 percent, unchanged from fourth quarter of 2025 levels and up from 13.2 percent at the end of the first quarter of 2025. Tangible common equity as a percentage of tangible assets<sup>1</sup> was 8.7 percent at the end of the first quarter of 2026, unchanged from the fourth quarter of 2025 and up from 8.3 percent at the end of the first quarter of 2025. Each of the applicable regulatory capital ratios for Simmons and its principal subsidiary, Simmons Bank, continue to significantly exceed "well-capitalized" regulatory guidelines.

**Select Capital Ratios** 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **1Q26** | 4Q25 | 3Q25 | 2Q25 | 1Q25 |
|  Stockholders' equity to total assets | **13.9%** | 13.9% | 13.9% | 13.3% | 13.2% |
|  Tangible common equity to tangible assets<sup>1</sup> | **8.7** | 8.7 | 8.5 | 8.5 | 8.3 |
|  Common equity tier 1 (CET1) ratio | **11.6** | 11.6 | 11.5 | 12.4 | 12.2 |
|  Tier 1 leverage ratio | **10.1** | 10.1 | 9.6 | 10.0 | 9.8 |
|  Tier 1 risk-based capital ratio | **11.6** | 11.6 | 11.5 | 12.4 | 12.2 |
|  Total risk-based capital ratio | **14.4** | 14.4 | 15.1 | 14.4 | 14.6 |

---

**Share Repurchase Program** 

During the first quarter of 2026, Simmons did not repurchase shares under its stock repurchase program that was authorized in February 2026 (2026 Program) and which replaced its former repurchase program that was authorized in January 2024. Remaining authorization under the 2026 Program as of March 31, 2026, was approximately $175 million. The timing, pricing and amount of any repurchases under the 2026 Program will be determined by Simmons' management at its discretion based on a variety of factors including, but not limited to, market conditions, trading volume and market price of Simmons' common stock, Simmons' capital needs, Simmons' working capital and investment requirements, other corporate considerations, economic conditions, and legal requirements. The 2026 Program does not obligate Simmons to repurchase any common stock and may be modified, discontinued or suspended at any time without prior notice.

*(1)* *Non-GAAP measurement. See "Non-GAAP Financial Measures" and "Reconciliation of Non-GAAP Financial Measures" below* 

*(2)* *FTE – fully taxable equivalent basis using an effective tax rate of 26.135%* 

*(3)* *In this press release, "Adjusted Earnings" may also be referred to as "Adjusted Net Income"* 

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**Conference Call** 

Management will conduct a live conference call to review this information beginning at 7:30 a.m. Central Time on Friday, April 17, 2026. Interested persons can listen to this call by dialing toll-free 1-844-481-2779 (North America only) and asking for the Simmons First National Corporation conference call, conference ID 10207627. In addition, the call will be available live or in recorded version on Simmons' website at simmonsbank.com for at least 60 days following the date of the call.

**Simmons First National Corporation** 

Simmons First National Corporation (NASDAQ: SFNC) is a Mid-South based financial holding company that has paid cash dividends to its shareholders for 117 consecutive years. Its principal subsidiary, Simmons Bank, operates more than 220 branches in Arkansas, Kansas, Missouri, Oklahoma, Tennessee and Texas. Founded in 1903, Simmons Bank offers comprehensive financial solutions delivered with a client-centric approach. Recently, Simmons Bank was recognized by *Newsweek* as one of America's Best Regional Banks and Credit Unions 2026 and by *Forbes* as one of America's Best-In-State Companies 2026. In 2025, Simmons Bank was recognized by *Newsweek* as one of America's Greatest Workplaces 2025 in Arkansas and one of America's Best Regional Banks 2025, and by *U.S. News & World Report* as one of the 2024-2025 Best Companies to Work For in the South. Additional information about Simmons Bank can be found on our website at simmonsbank.com, by following @Simmons_Bank on X or by visiting our newsroom.

**Non-GAAP Financial Measures** 

This press release contains financial information determined by methods other than in accordance with U.S. generally accepted accounting principles (GAAP). The Company's management uses these non-GAAP financial measures in their analysis of the Company's performance. These measures adjust GAAP performance measures to, among other things, include the tax benefit associated with revenue items that are tax-exempt, as well as exclude from net income (including on a per share diluted basis), pre-tax, pre-provision earnings, net charge-offs, income available to common shareholders, noninterest income, and noninterest expense certain income and expense items attributable to, for example, branch right sizing costs, early retirement program costs, termination of vendor and software services, FDIC Deposit Insurance special assessment, professional services and a loss on the sale of an equipment finance business.

In addition, the Company also presents certain figures based on tangible common stockholders' equity, tangible assets and tangible book value, which exclude goodwill and other intangible assets. The Company further presents certain figures that are exclusive of the impact of deposits and/or loans acquired through acquisitions, mortgage warehouse loans, and/or energy loans, or gains and/or losses on the sale of securities. The Company's management believes that these non-GAAP financial measures are useful to investors because they, among other things, present the results of the Company's ongoing operations without the effect of mergers or other items not central to the Company's ongoing business, as well as normalize for tax effects and certain other effects. Management, therefore, believes presentations of these non-GAAP financial measures provide useful supplemental information that is essential to a proper understanding of the operating results of the Company's ongoing businesses, and management uses these non-GAAP financial measures to assess the performance of the Company's ongoing businesses as related to prior financial periods. These non-GAAP disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found in the tables of this release.

**Forward-Looking Statements** 

Certain statements in this press release may not be based on historical facts and should be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, including, without limitation, statements made in Mr. Brogdon's quote, may be identified by reference to future periods or by the use of forward-looking terminology, such as "believe," "budget," "expect," "foresee," "anticipate," "intend," "indicate," "target," "estimate," "plan," "project," "continue," "contemplate," "positions," "prospects," "predict," or "potential," by future conditional verbs such as "will," "would," "should," "could," "might" or "may," or by variations of such words or by similar expressions. These forward-looking statements include, without limitation, statements relating to Simmons' future growth, business strategies, lending capacity and lending activity, loan demand, revenue, assets, asset quality, profitability, dividends, net interest margin, non-interest revenue, share repurchase program, acquisition strategy, digital banking initiatives, the Company's ability to recruit and retain key employees, the adequacy of the allowance for credit losses, future economic

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conditions and interest rates, and the adequacy of reserve levels for loans. Any forward-looking statement speaks only as of the date of this press release, and Simmons undertakes no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date of this press release. By nature, forward-looking statements are based on various assumptions and involve inherent risk and uncertainties. Various factors, including, but not limited to, changes in economic conditions, changes in credit quality, changes in interest rates and related governmental policies, the effects of a government shutdown, changes in loan demand, changes in deposit flows, changes in real estate values, changes in the assumptions used in making the forward-looking statements, changes in the securities markets generally or the price of Simmons' common stock specifically, changes in information technology affecting the financial industry, and changes in customer behaviors, including consumer spending, borrowing, and saving habits; changes in tariff policies; general economic and market conditions; changes in governmental administrations; market disruptions including pandemics or significant health hazards, severe weather conditions, natural disasters, terrorist activities, financial crises, political crises, war and other military conflicts (including the ongoing military conflicts in the Middle East and between Russia and Ukraine) or other major events, or the prospect of these events; the soundness of other financial institutions and any indirect exposure related to the closings of other financial institutions and their impact on the broader market through other customers, suppliers and partners, or that the conditions which resulted in the liquidity concerns experienced by closed financial institutions may also adversely impact, directly or indirectly, other financial institutions and market participants with which the Company has commercial or deposit relationships; increased inflation; the loss of key employees; increased competition in the markets in which the Company operates and from non-bank financial institutions; increased unemployment; labor shortages; claims, damages, and fines related to litigation or government actions; changes in accounting principles relating to loan loss recognition (current expected credit losses); fraud that results in material losses or that we have not discovered yet that may result in material losses; the Company's ability to manage and successfully integrate its mergers and acquisitions and to fully realize cost savings and other benefits associated with acquisitions; increased delinquency and foreclosure rates on commercial real estate loans; significant increases in nonaccrual loan balances; cyber or other information technology threats, attacks or events; emerging issues related to the development and use of artificial intelligence that could give rise to legal or regulatory action or increase cybersecurity threats; reliance on third parties for key services; government legislation; and other factors, many of which are beyond the control of the Company, could cause actual results to differ materially from those projected in or contemplated by the forward-looking statements. In addition, there can be no guarantee that the board of directors (Board) of Simmons will approve a quarterly dividend in future quarters, and the timing, payment, and amount of future dividends (if any) is subject to, among other things, the discretion of the Board and may differ significantly from past dividends. Additional information on factors that might affect the Company's financial results is included in the Company's Form 10-K for the year ended December 31, 2025, and other reports that the Company has filed with or furnished to the U.S. Securities and Exchange Commission (the SEC), all of which are available from the SEC on its website, www.sec.gov.

FOR MORE INFORMATION CONTACT:

Ed Bilek, EVP, Director of Investor and Media Relations

ed.bilek@simmonsbank.com

205.612.3378 (cell)

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| | |
|:---|:---|
| **Simmons First National Corporation** | **SFNC** |
| **Consolidated End of Period Balance Sheets**<br> **For the Quarters Ended**<br> **(Unaudited)** |  |

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---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31**<br>**2026** | **Dec 31**<br>**2025** | **Sep 30**<br>**2025** | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** |
| **($ in thousands)** | | | | | |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **ASSETS** |  |  |  |  |  |
|  Cash and noninterest bearing balances due from banks | $342603 | $380439 | $377604 | $398081 | $423171 |
|  Interest bearing balances due from banks and federal funds sold | 205880 | 331474 | 266013 | 246381 | 211115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash and cash equivalents | 548483 | 711913 | 643617 | 644462 | 634286 |
|  Interest bearing balances due from banks - time | 100 | 100 | 100 | 100 | 100 |
|  Investment securities - held-to-maturity |  |  |  | 3591531 | 3615556 |
|  Investment securities - available-for-sale | 3152286 | 3266221 | 3319277 | 2405320 | 2491849 |
|  Mortgage loans held for sale | 14311 | 17438 | 15507 | 16972 | 8351 |
|  Assets held in trading accounts | 14543 | 11685 | 12695 |  |  |
|  Loans: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans | 17932883 | 17492179 | 17188817 | 17111096 | 17094078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allowance for credit losses on loans | (229908) | (224377) | (258006) | (253537) | (252168) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net loans | 17702975 | 17267802 | 16930811 | 16857559 | 16841910 |
|  Premises and equipment | 557873 | 561220 | 568343 | 573160 | 573616 |
|  Foreclosed assets and other real estate owned | 12475 | 12009 | 6386 | 8794 | 8976 |
|  Interest receivable | 101557 | 104062 | 104383 | 120443 | 117398 |
|  Bank owned life insurance | 542486 | 540001 | 539372 | 535481 | 535324 |
|  Goodwill | 1320799 | 1320799 | 1320799 | 1320799 | 1320799 |
|  Other intangible assets | 81325 | 84423 | 87520 | 90617 | 93714 |
|  Other assets | 643570 | 643204 | 659352 | 528382 | 551112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total assets | $24692783 | $24540877 | $24208162 | $26693620 | $26792991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **LIABILITIES AND STOCKHOLDERS' EQUITY** |  |  |  |  |  |
|  Deposits: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Noninterest bearing transaction accounts | $4289697 | $4330211 | $4377232 | $4468237 | $4455255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest bearing transaction accounts and savings deposits | 11311979 | 11141169 | 10932914 | 11176791 | 11265554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Time deposits | 4601107 | 4712658 | 4527587 | 6179962 | 5963811 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total deposits | 20202783 | 20184038 | 19837733 | 21824990 | 21684620 |
|  Federal funds purchased and securities sold under agreements to repurchase | 8708 | 21383 | 22348 | 31306 | 50133 |
|  Other borrowings | 446756 | 302253 | 18832 | 634349 | 884863 |
|  Subordinated notes and debentures | 315700 | 317714 | 648976 | 366369 | 366331 |
|  Accrued interest and other liabilities | 281102 | 296249 | 326310 | 287396 | 275559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total liabilities | 21255049 | 21121637 | 20854199 | 23144410 | 23261506 |
|  Stockholders' equity: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stock | 1451 | 1448 | 1447 | 1260 | 1259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Surplus | 2848952 | 2846581 | 2848977 | 2518286 | 2515372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Undivided profits | 901696 | 864341 | 817022 | 1410564 | 1382564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accumulated other comprehensive (loss) income | (314365) | (293130) | (313483) | (380900) | (367710) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total stockholders' equity | 3437734 | 3419240 | 3353963 | 3549210 | 3531485 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total liabilities and stockholders' equity | $24692783 | $24540877 | $24208162 | $26693620 | $26792991 |

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**Page 1** 

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| | |
|:---|:---|
| **Simmons First National Corporation** | **SFNC** |
| **Consolidated Statements of Income - Quarter-to-Date**<br> **For the Quarters Ended**<br> **(Unaudited)** |  |

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31<br>2026** | **Dec 31<br>2025** | **Sep 30**<br>**2025** | **Jun 30<br>2025** | **Mar 31<br>2025** |
| **($ in thousands, except per share data)** | | | | | |
|  **INTEREST INCOME** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans (including fees) | $267287 | $270868 | $269210 | $265373 | $257755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest bearing balances due from banks and federal funds sold | 2320 | 2485 | 6421 | 2531 | 2703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment securities | 31882 | 33833 | 37464 | 46898 | 47257 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mortgage loans held for sale | 203 | 227 | 229 | 221 | 122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assets held in trading accounts | 122 | 118 | 99 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TOTAL INTEREST INCOME | 301814 | 307531 | 313423 | 315023 | 307837 |
|  **INTEREST EXPENSE** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Time deposits | 39949 | 41989 | 49064 | 57231 | 62559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other deposits | 57653 | 60516 | 67546 | 69108 | 67895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Federal funds purchased and securities sold under agreements to repurchase | 36 | 57 | 72 | 59 | 113 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other borrowings | 1746 | 2138 | 2957 | 10613 | 7714 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subordinated notes and debentures | 5262 | 5535 | 7123 | 6188 | 6134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TOTAL INTEREST EXPENSE | 104646 | 110235 | 126762 | 143199 | 144415 |
|  **NET INTEREST INCOME** | 197168 | 197296 | 186661 | 171824 | 163422 |
|  **PROVISION FOR CREDIT LOSSES** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for credit losses on loans | 14622 | 15116 | 15180 | 11945 | 26797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for credit losses on investment securities – HTM |  |  | (3214) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TOTAL PROVISION FOR CREDIT LOSSES | 14622 | 15116 | 11966 | 11945 | 26797 |
|  **NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES** | 182546 | 182180 | 174695 | 159879 | 136625 |
|  **NONINTEREST INCOME** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service charges on deposit accounts | 12656 | 12669 | 13045 | 12588 | 12635 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Debit and credit card fees | 8503 | 8660 | 8478 | 8567 | 8446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wealth management fees | 10533 | 10337 | 9965 | 9464 | 9629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mortgage lending income | 1854 | 2232 | 2259 | 1687 | 2013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank owned life insurance income | 4218 | 3942 | 3943 | 3890 | 4092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other service charges and fees (includes insurance income) | 1606 | 1503 | 1474 | 1321 | 1333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gain (loss) on sale of securities |  |  | (801492) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other income | 4827 | 12365 | 6141 | 4837 | 8007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TOTAL NONINTEREST INCOME | 44197 | 51708 | (756187) | 42354 | 46155 |
|  **NONINTEREST EXPENSE** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Salaries and employee benefits | 75885 | 72924 | 76249 | 73862 | 74824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Occupancy expense, net | 12218 | 11636 | 12106 | 11844 | 12651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Furniture and equipment expense | 5423 | 5304 | 5275 | 5474 | 5465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other real estate and foreclosure expense | 315 | 432 | 200 | 216 | 198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deposit insurance | 2295 | 4736 | 5175 | 4917 | 5391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other operating expenses | 44537 | 44830 | 43027 | 42276 | 46051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; TOTAL NONINTEREST EXPENSE | 140673 | 139862 | 142032 | 138589 | 144580 |
|  **NET INCOME (LOSS) BEFORE INCOME TAXES** | 86070 | 94026 | (723524) | 63644 | 38200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for income taxes | 17526 | 15948 | (160732) | 8871 | 5812 |
|  **NET INCOME (LOSS)** | $68544 | $78078 | $(562792) | $54773 | $32388 |
|  **BASIC EARNINGS PER SHARE** | $0.47 | $0.54 | $(4.01) | $0.43 | $0.26 |
|  **DILUTED EARNINGS PER SHARE** | $0.47 | $0.54 | $(4.00) | $0.43 | $0.26 |

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**Page 2** 

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| | |
|:---|:---|
| **Simmons First National Corporation** | **SFNC** |
| **Consolidated Risk-Based Capital** |  |
| **For the Quarters Ended**<br> **(Unaudited)** |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31**<br>**2026** | **Dec 31**<br>**2025** | **Sep 30**<br>**2025** | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** |
| **($ in thousands)** | **($ in thousands)** | | | | |
|  **<u>Tier 1 capital</u>** |  |  |  |  |  |
|  Stockholders' equity | $3437734 | $3419240 | $3353963 | $3549210 | $3531485 |
|  Disallowed intangible assets, net of deferred tax | (1370562) | (1374839) | (1376255) | (1379104) | (1381953) |
|  Unrealized loss (gain) on AFS securities | 314365 | 293130 | 313483 | 380900 | 367710 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Tier 1 capital | 2381537 | 2337531 | 2291191 | 2551006 | 2517242 |
|  **<u>Tier 2 capital</u>** |  |  |  |  |  |
|  Subordinated notes and debentures | 315700 | 317714 | 648976 | 366369 | 366331 |
|  Subordinated debt phase out |  |  | (198000) | (198000) | (132000) |
|  Qualifying allowance for loan losses and reserve for unfunded commitments | 255537 | 250006 | 248710 | 258079 | 257769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Tier 2 capital | 571237 | 567720 | 699686 | 426448 | 492100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total risk-based capital | $2952774 | $2905251 | $2990877 | $2977454 | $3009342 |
|  Risk weighted assets | $20565445 | $20106493 | $19861879 | $20646324 | $20621540 |
|  Adjusted average assets for leverage ratio | $23487513 | $23224638 | $23963356 | $25606135 | $25619424 |
|  **<u>Ratios at end of quarter</u>** |  |  |  |  |  |
|  Equity to assets | 13.92% | 13.93% | 13.85% | 13.30% | 13.18% |
|  Tangible common equity to tangible assets <sup>(1)</sup> | 8.74% | 8.71% | 8.53% | 8.46% | 8.34% |
|  Common equity Tier 1 ratio (CET1) | 11.58% | 11.63% | 11.54% | 12.36% | 12.21% |
|  Tier 1 leverage ratio | 10.14% | 10.06% | 9.56% | 9.96% | 9.83% |
|  Tier 1 risk-based capital ratio | 11.58% | 11.63% | 11.54% | 12.36% | 12.21% |
|  Total risk-based capital ratio | 14.36% | 14.45% | 15.07% | 14.42% | 14.59% |

---

*(1)* *Calculations of tangible common equity to tangible assets and the reconciliations to GAAP are included in the schedules accompanying this release.* 

**Page 3** 

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| | |
|:---|:---|
| **Simmons First National Corporation** | **SFNC** |
| **Consolidated Investment Securities** |  |
| **For the Quarters Ended**<br> **(Unaudited)** |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31**<br>**2026** | **Dec 31**<br>**2025** | **Sep 30**<br>**2025** | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** |
| **($ in thousands)** | | | | | |
|  **<u>Investment Securities - End of Period</u>** |  |  |  |  |  |
|  **Held-to-Maturity** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Government agencies | $— | $— | $— | $457228 | $456545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mortgage-backed securities |  |  |  | 1024313 | 1048170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State and political subdivisions |  |  |  | 1855614 | 1856905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other securities |  |  |  | 254376 | 253936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total held-to-maturity (net of credit losses) |  |  |  | 3591531 | 3615556 |
|  **Available-for-Sale** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Treasury | $— | $— | $— | $400 | $699 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Government agencies | 46329 | 47172 | 48355 | 49498 | 52318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mortgage-backed securities | 2128732 | 2201958 | 2249593 | 1349991 | 1380913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State and political subdivisions | 838880 | 859071 | 845371 | 807842 | 832898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other securities | 138345 | 158020 | 175958 | 197589 | 225021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total available-for-sale (net of credit losses) | 3152286 | 3266221 | 3319277 | 2405320 | 2491849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total investment securities (net of credit losses) | $3152286 | $3266221 | $3319277 | $5996851 | $6107405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fair value - HTM investment securities | $— | $— | $— | $2891974 | $2929625 |

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**Page 4** 

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| | |
|:---|:---|
| **Simmons First National Corporation** | **SFNC** |
| **Consolidated Loans** |  |
| **For the Quarters Ended** |  |
| **(Unaudited)** |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31**<br>**2026** | **Dec 31**<br>**2025** | **Sep 30**<br>**2025** | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** |
| **($ in thousands)** | | | | | |
|  **<u>Loan Portfolio - End of Period</u>** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit cards | $172610 | $175760 | $173020 | $176166 | $179680 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other consumer | 96387 | 115472 | 112335 | 123831 | 97198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total consumer | 268997 | 291232 | 285355 | 299997 | 276878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real Estate: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Construction | 2621859 | 2873807 | 2874823 | 2784578 | 2778245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Single-family residential | 2566162 | 2607450 | 2617849 | 2625717 | 2647451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other commercial real estate | 8764648 | 8289968 | 7875649 | 7961412 | 8051304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total real estate | 13952669 | 13771225 | 13368321 | 13371707 | 13477000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commercial: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commercial | 2521440 | 2382339 | 2397388 | 2440507 | 2372681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Agricultural | 333508 | 306300 | 353181 | 333078 | 264469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total commercial | 2854948 | 2688639 | 2750569 | 2773585 | 2637150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other | 856269 | 741083 | 784572 | 665807 | 703050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total loans | $17932883 | $17492179 | $17188817 | $17111096 | $17094078 |

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**Page 5** 

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| | |
|:---|:---|
| **Simmons First National Corporation** | **SFNC** |
| **Consolidated Allowance and Asset Quality** |  |
| **For the Quarters Ended** |  |
| **(Unaudited)** |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31<br>2026** | **Dec 31<br>2025** | **Sep 30<br>2025** | **Jun 30<br>2025** | **Mar 31<br>2025** |
| **($ in thousands)** | | | | | |
|  **<u>Allowance for Credit Losses on Loans</u>** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Beginning balance | $224377 | $258006 | $253537 | $252168 | $235019 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans charged off: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit cards | 1677 | 1346 | 1862 | 1702 | 1460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other consumer | 590 | 550 | 600 | 351 | 1133 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real estate | 6629 | 25850 | 1350 | 1450 | 4425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commercial | 1666 | 22004 | 8079 | 8257 | 4243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total loans charged off | 10562 | 49750 | 11891 | 11760 | 11261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recoveries of loans previously charged off: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Credit cards | 468 | 347 | 257 | 334 | 211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other consumer | 301 | 163 | 303 | 294 | 306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real estate | 449 | 105 | 115 | 87 | 99 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commercial | 253 | 390 | 505 | 469 | 997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total recoveries | 1471 | 1005 | 1180 | 1184 | 1613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net loans charged off | 9091 | 48745 | 10711 | 10576 | 9648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provision for credit losses on loans | 14622 | 15116 | 15180 | 11945 | 26797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance, end of quarter | $229908 | $224377 | $258006 | $253537 | $252168 |
|  **<u>Nonperforming assets</u>** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nonperforming loans: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nonaccrual loans | $141233 | $111791 | $153516 | $156453 | $151897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans past due 90 days or more | 647 | 948 | 423 | 709 | 494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total nonperforming loans | 141880 | 112739 | 153939 | 157162 | 152391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other nonperforming assets: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreclosed assets and other real estate owned | 12475 | 12009 | 6386 | 8794 | 8976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other nonperforming assets | 181 | 323 | 392 | 759 | 978 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total other nonperforming assets | 12656 | 12332 | 6778 | 9553 | 9954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total nonperforming assets | $154536 | $125071 | $160717 | $166715 | $162345 |
|  **<u>Ratios</u>** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allowance for credit losses on loans to total loans | 1.28% | 1.28% | 1.50% | 1.48% | 1.48% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allowance for credit losses to nonperforming loans | 162% | 199% | 168% | 161% | 165% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nonperforming loans to total loans | 0.79% | 0.64% | 0.90% | 0.92% | 0.89% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Nonperforming assets to total assets | 0.63% | 0.51% | 0.66% | 0.62% | 0.61% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annualized net charge offs to average loans (QTD) | 0.21% | 1.12% | 0.25% | 0.25% | 0.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annualized net charge offs to average loans (YTD) | 0.21% | 0.47% | 0.24% | 0.24% | 0.23% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annualized net credit card charge offs to average credit card loans (QTD) | 2.81% | 2.23% | 3.64% | 2.99% | 2.72% |

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**Page 6** 

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| | |
|:---|:---|
| **Simmons First National Corporation** | **SFNC** |
| **Consolidated - Average Balance Sheet and Net Interest Income Analysis** |  |
| **For the Quarters Ended** |  |
| **(Unaudited)** |  |

---

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Three Months Ended<br>Mar 2026** | **Three Months Ended<br>Mar 2026** | **Three Months Ended<br>Mar 2026** | **Three Months Ended<br>Dec 2025** | **Three Months Ended<br>Dec 2025** | **Three Months Ended<br>Dec 2025** | **Three Months Ended<br>Mar 2025** | **Three Months Ended<br>Mar 2025** | **Three Months Ended<br>Mar 2025** |
| **($ in thousands)** | **Average<br>Balance** | **Income/<br>Expense** | **Yield/<br>Rate** | **Average<br>Balance** | **Income/<br>Expense** | **Yield/<br>Rate** | **Average<br>Balance** | **Income/<br>Expense** | **Yield/<br>Rate** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **ASSETS** |  |  |  |  |  |  |  |  |  |
|  Earning assets: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest bearing balances due from banks and federal funds sold | $251620 | $2320 | 3.74% | $232046 | $2485 | 4.25% | $241021 | $2703 | 4.55% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment securities - taxable | 2408546 | 26311 | 4.43% | 2490444 | 28235 | 4.50% | 3540559 | 31584 | 3.62% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment securities - non-taxable (FTE) | 820278 | 7542 | 3.73% | 810597 | 7578 | 3.71% | 2608070 | 21217 | 3.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mortgage loans held for sale | 13800 | 203 | 5.97% | 15738 | 227 | 5.72% | 8142 | 122 | 6.08% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assets held in trading accounts | 13748 | 122 | 3.60% | 12534 | 118 | 3.74% |  |  | 0.00% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loans - including fees (FTE) | 17658807 | 268328 | 6.16% | 17295415 | 271778 | 6.23% | 16920050 | 258625 | 6.20% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total interest earning assets (FTE) | 21166799 | 304826 | 5.84% | 20856774 | 310421 | 5.90% | 23317842 | 314251 | 5.47% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Non-earning assets | 3366206 |  |  | 3397673 |  |  | 3360786 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total assets | $24533005 |  |  | $24254447 |  |  | $26678628 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **LIABILITIES AND STOCKHOLDERS' EQUITY** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **LIABILITIES AND STOCKHOLDERS' EQUITY** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **LIABILITIES AND STOCKHOLDERS' EQUITY** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **LIABILITIES AND STOCKHOLDERS' EQUITY** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **LIABILITIES AND STOCKHOLDERS' EQUITY** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **LIABILITIES AND STOCKHOLDERS' EQUITY** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **LIABILITIES AND STOCKHOLDERS' EQUITY** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **LIABILITIES AND STOCKHOLDERS' EQUITY** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **LIABILITIES AND STOCKHOLDERS' EQUITY** |  |
|  Interest bearing liabilities: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest bearing transaction and savings accounts | $11328148 | $57653 | 2.06% | $10971959 | $60516 | 2.19% | $11177550 | $67895 | 2.46% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Time deposits | 4678058 | 39949 | 3.46% | 4573502 | 41989 | 3.64% | 6160429 | 62559 | 4.12% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total interest bearing deposits | 16006206 | 97602 | 2.47% | 15545461 | 102505 | 2.62% | 17337979 | 130454 | 3.05% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Federal funds purchased and securities sold under agreement to repurchase | 17743 | 36 | 0.82% | 20990 | 57 | 1.08% | 39797 | 113 | 1.15% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other borrowings | 192345 | 1746 | 3.68% | 217996 | 2138 | 3.89% | 706402 | 7714 | 4.43% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Subordinated notes and debentures | 318635 | 5262 | 6.70% | 319162 | 5535 | 6.88% | 366312 | 6134 | 6.79% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total interest bearing liabilities | 16534929 | 104646 | 2.57% | 16103609 | 110235 | 2.72% | 18450490 | 144415 | 3.17% |
|  Noninterest bearing liabilities: |  |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Noninterest bearing deposits | 4229952 |  |  | 4412009 |  |  | 4342948 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other liabilities | 297864 |  |  | 328812 |  |  | 320721 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total liabilities | 21062745 |  |  | 20844430 |  |  | 23114159 |  |  |
|  Stockholders' equity | 3470260 |  |  | 3410017 |  |  | 3564469 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total liabilities and stockholders' equity | $24533005 |  |  | $24254447 |  |  | $26678628 |  |  |
|  Net interest income (FTE) |  | $200180 |  |  | $200186 |  |  | $169836 |  |
|  Net interest spread (FTE) |  |  | 3.27% |  |  | 3.18% |  |  | 2.30% |
|  Net interest margin (FTE) |  |  | 3.84% |  |  | 3.81% |  |  | 2.95% |

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**Page 7** 

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| | |
|:---|:---|
| **Simmons First National Corporation** | **SFNC** |
| **Consolidated - Selected Financial Data** |  |
| **For the Quarters Ended** |  |
| **(Unaudited)** |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31**<br>**2026** | **Dec 31**<br>**2025** | **Sep 30**<br>**2025** | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** |
| **($ in thousands, except share data)** |  |  |  |  |  |
|  **<u>QUARTER-TO-DATE</u>** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Financial Highlights - As Reported</u> |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Income (loss) | $68544 | $78078 | $(562792) | $54773 | $32388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diluted earnings per share | 0.47 | 0.54 | (4.00) | 0.43 | 0.26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return on average assets | 1.13% | 1.28% | -8.96% | 0.82% | 0.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return on average tangible assets (non-GAAP) <sup>(1)</sup> | 1.24% | 1.40% | -9.46% | 0.91% | 0.56% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return on average common equity | 8.01% | 9.08% | -66.29% | 6.20% | 3.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return on tangible common equity (non-GAAP) <sup>(1)</sup> | 13.90% | 15.92% | -113.56% | 10.73% | 6.61% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net interest margin (FTE) | 3.84% | 3.81% | 3.50% | 3.06% | 2.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Efficiency ratio <sup>(2)</sup> | 57.56% | 55.52% | -25.11% | 62.82% | 66.94% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FTE adjustment | 3012 | 2890 | 3811 | 6422 | 6414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average diluted shares outstanding | 145340410 | 145210222 | 140648704 | 126406453 | 126336557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash dividends declared per common share | 0.215 | 0.213 | 0.213 | 0.213 | 0.213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Accretable yield on acquired loans | 902 | 749 | 725 | 1263 | 1084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Financial Highlights - Adjusted (non-GAAP) <sup>(1)</sup></u> |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted earnings | $68566 | $78975 | $64930 | $56071 | $33122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted diluted earnings per share | 0.47 | 0.54 | 0.46 | 0.44 | 0.26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted return on average assets | 1.13% | 1.29% | 1.03% | 0.84% | 0.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted return on average tangible assets (non-GAAP) <sup>(1)</sup> | 1.24% | 1.41% | 1.13% | 0.93% | 0.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted return on average common equity | 8.01% | 9.19% | 7.65% | 6.34% | 3.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted return on tangible common equity | 13.91% | 16.10% | 13.62% | 10.97% | 6.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted efficiency ratio <sup>(2)</sup> | 56.16% | 53.64% | 57.72% | 60.52% | 64.75% |
|  **<u>YEAR-TO-DATE</u>** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Financial Highlights - GAAP</u> |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net Income (loss) | $68544 | $(397553) | $(475631) | $87161 | $32388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diluted earnings per share | 0.47 | (2.95) | (3.63) | 0.69 | 0.26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return on average assets | 1.13% | -1.55% | -2.44% | 0.66% | 0.49% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return on average tangible assets (non-GAAP) <sup>(1)</sup> | 1.24% | -1.60% | -2.54% | 0.74% | 0.56% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return on average common equity | 8.01% | -11.45% | -18.21% | 4.94% | 3.69% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Return on tangible common equity (non-GAAP) <sup>(1)</sup> | 13.90% | -18.84% | -30.13% | 8.67% | 6.61% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net interest margin (FTE) | 3.84% | 3.32% | 3.17% | 3.01% | 2.95% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Efficiency ratio <sup>(2)</sup> | 57.56% | 460.26% | -329.30% | 64.86% | 66.94% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FTE adjustment | 3012 | 19537 | 16647 | 12836 | 6414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Average diluted shares outstanding | 145340410 | 134731180 | 131132891 | 126325650 | 126336557 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cash dividends declared per common share | 0.215 | 0.850 | 0.638 | 0.425 | 0.213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <u>Financial Highlights - Adjusted (non-GAAP) <sup>(1)</sup></u> |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted earnings | $68566 | $233098 | $154123 | $89193 | $33122 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted diluted earnings per share | 0.47 | 1.73 | 1.18 | 0.71 | 0.26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted return on average assets | 1.13% | 0.91% | 0.79% | 0.67% | 0.50% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted return on average tangible assets (non-GAAP) <sup>(1)</sup> | 1.24% | 1.00% | 0.87% | 0.75% | 0.57% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted return on average common equity | 8.01% | 6.71% | 5.90% | 5.06% | 3.77% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted return on tangible common equity | 13.91% | 11.78% | 10.37% | 8.86% | 6.75% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted efficiency ratio <sup>(2)</sup> | 56.16% | 58.92% | 60.90% | 62.62% | 64.75% |
|  **<u>END OF PERIOD</u>** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Book value per share | $23.70 | $23.62 | $23.18 | $28.17 | $28.04 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tangible book value per share | 14.03 | 13.91 | 13.45 | 16.97 | 16.81 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares outstanding | 145058331 | 144762817 | 144703075 | 125996248 | 125926822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Full-time equivalent employees | 2913 | 2917 | 2883 | 2947 | 2949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total number of financial centers | 221 | 222 | 223 | 223 | 222 |

---

*(1)* *Non-GAAP measurement that management believes aids in the understanding and discussion of results. Reconciliations to GAAP are included in the schedules accompanying this release.* 

*(2)* *Efficiency ratio is noninterest expense as a percent of net interest income (fully taxable equivalent) and noninterest revenues. Adjusted efficiency ratio is noninterest expense before foreclosed property expense, amortization of intangibles and certain adjusting items as a percent of net interest income (fully taxable equivalent) and noninterest revenues, excluding gains and losses from securities transactions and certain adjusting items, and is a non-GAAP measurement.* 

**Page 8** 

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| | |
|:---|:---|
| **Simmons First National Corporation** | **SFNC** |
| **Reconciliation Of Non-GAAP Financial Measures - Adjusted Earnings - Quarter-to-Date** |  |
| **For the Quarters Ended** |  |
| **(Unaudited)** |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31**<br>**2026** | **Dec 31**<br>**2025** | **Sep 30**<br>**2025** | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** |
| **(in thousands, except per share data)** |  |  |  |  |  |
|  **<u>QUARTER-TO-DATE</u>** |  |  |  |  |  |
|  Net income (loss) | $68544 | $78078 | $(562792) | $54773 | $32388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain items (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  |  | 570 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FDIC Deposit Insurance special assessment | (1984) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | 1200 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program | 283 |  | 305 | 1594 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  | 12 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | 1118 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss (gain) on sale of securities |  |  | 801492 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing (net) | 531 | 85 | 2004 | 163 | 994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tax effect of certain items <sup>(1)</sup> | (8) | (318) | (176649) | (459) | (260) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain items, net of tax | 22 | 897 | 627722 | 1298 | 734 |
|  Adjusted earnings (non-GAAP) <sup>(2)</sup> | $68566 | $78975 | $64930 | $56071 | $33122 |
|  Diluted earnings per share | $0.47 | $0.54 | $(4.00) | $0.43 | $0.26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain items (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FDIC Deposit Insurance special assessment | (0.01) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | 0.01 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program |  |  |  | 0.01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | 0.01 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss (gain) on sale of securities |  |  | 5.70 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing (net) |  |  | 0.01 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tax effect of certain items <sup>(1)</sup> |  | (0.01) | (1.25) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain items, net of tax |  |  | 4.46 | 0.01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted diluted earnings per share (non-GAAP) | $0.47 | $0.54 | $0.46 | $0.44 | $0.26 |

---

*(1)* *Actual tax rate of 21.946% on 2025 loss on sale of securities. Effective rate of 26.135% on all other items.* 

*(2)* *In this press release, "Adjusted Earnings" may also be referred to as "Adjusted Net Income."* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **Reconciliation of Certain Noninterest Income and Expense Items (non-GAAP)** | **Reconciliation of Certain Noninterest Income and Expense Items (non-GAAP)** |  |  |  |  |
|  **<u>QUARTER-TO-DATE</u>** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Noninterest income | $44197 | $51708 | $(756187) | $42354 | $46155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain noninterest income items |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  |  | 570 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss (gain) on sale of securities |  |  | 801492 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted noninterest income (non-GAAP) | $44197 | $51708 | $45875 | $42354 | $46155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other income | $4827 | $12365 | $6141 | $4837 | $8007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain other income items |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  |  | 570 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted other income (non-GAAP) | $4827 | $12365 | $6711 | $4837 | $8007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Noninterest expense | $140673 | $139862 | $142032 | $138589 | $144580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain noninterest expense items |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program | (283) |  | (305) | (1594) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FDIC Deposit Insurance special assessment | 1984 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | (1200) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  | (12) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | (1118) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing expense | (531) | (85) | (2004) | (163) | (994) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted noninterest expense (non-GAAP) | 140643 | 138647 | 139723 | 136832 | 143586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Less: Fraud event |  |  |  |  | (4300) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted noninterest expense, excluding fraud event (non-GAAP) | $140643 | $138647 | $139723 | $136832 | $139286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Salaries and employee benefits | $75885 | $72924 | $76249 | $73862 | $74824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain salaries and employee benefits items |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program | (283) |  | (305) | (1594) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other |  |  | (1) | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted salaries and employee benefits (non-GAAP) | $75602 | $72924 | $75943 | $72269 | $74824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other operating expenses | $44537 | $44830 | $43027 | $42276 | $46051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain other operating expenses items |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | (1200) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  | (12) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | (1118) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing expense | (205) | 327 | (1556) | 255 | (161) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted other operating expenses (non-GAAP) | $43132 | $44027 | $41471 | $42531 | $45890 |

---

**Page 9** 

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| | |
|:---|:---|
| **Simmons First National Corporation** | **SFNC** |
| **Reconciliation Of Non-GAAP Financial Measures - Adjusted Earnings - Year-to-Date**<br> **For the Quarters Ended**<br> **(Unaudited)** |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31<br>2026** | **Dec 31<br>2025** | **Sep 30**<br>**2025** | **Jun 30<br>2025** | **Mar 31<br>2025** |
| **(in thousands, except per share data)** | | | | | |
|  **<u>YEAR-TO-DATE</u>** |  |  |  |  |  |
|  Net income (loss) | $68544 | $(397553) | $(475631) | $87161 | $32388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain items (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  | 570 | 570 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FDIC Deposit Insurance special assessment | (1984) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | 1200 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program | 283 | 1899 | 1899 | 1594 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  | 12 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | 1118 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss (gain) on sale of securities |  | 801492 | 801492 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing (net) | 531 | 3246 | 3161 | 1157 | 994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tax effect of certain items <sup>(1)</sup> | (8) | (177686) | (177368) | (719) | (260) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain items, net of tax | 22 | 630651 | 629754 | 2032 | 734 |
|  Adjusted earnings (non-GAAP) <sup>(2)</sup> | $68566 | $233098 | $154123 | $89193 | $33122 |
|  Diluted earnings per share | $0.47 | $(2.95) | $(3.63) | $0.69 | $0.26 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain items (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  | 0.01 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FDIC Deposit Insurance special assessment | (0.01) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | 0.01 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program |  | 0.01 | 0.02 | 0.01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | 0.01 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss (gain) on sale of securities |  | 5.95 | 6.11 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing (net) |  | 0.02 | 0.02 | 0.01 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tax effect of certain items <sup>(1)</sup> |  | (1.32) | (1.34) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain items, net of tax |  | 4.68 | 4.81 | 0.02 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted diluted earnings per share (non-GAAP) | $0.47 | $1.73 | $1.18 | $0.71 | $0.26 |

---

*(1)* *Actual tax rate of 21.946% on 2025 loss on sale of securities. Effective rate of 26.135% on all other items.* 

*(2)* *In this press release, "Adjusted Earnings" may also be referred to as "Adjusted Net Income."* 

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  **Reconciliation of Certain Noninterest Income and Expense Items (non-GAAP)** | **Reconciliation of Certain Noninterest Income and Expense Items (non-GAAP)** |  |  |  |  |
|  **<u>YEAR-TO-DATE</u>** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Noninterest income | $44197 | $(615970) | $(667678) | $88509 | $46155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain noninterest income items |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  | 570 | 570 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss (gain) on sale of securities |  | 801492 | 801492 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted noninterest income (non-GAAP) | $44197 | $186092 | $134384 | $88509 | $46155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other income | $4827 | $31350 | $18985 | $12844 | $8007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain other income items |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  | 570 | 570 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted other income (non-GAAP) | $4827 | $31920 | $19555 | $12844 | $8007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Noninterest expense | $140673 | $565063 | $425201 | $283169 | $144580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain noninterest expense items |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program | (283) | (1899) | (1899) | (1594) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FDIC Deposit Insurance special assessment | 1984 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | (1200) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  | (12) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | (1118) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing expense | (531) | (3246) | (3161) | (1157) | (994) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted noninterest expense (non-GAAP) | 140643 | 558788 | 420141 | 280418 | 143586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Less: Fraud event |  | (4300) | (4300) | (4300) | (4300) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted noninterest expense, excluding fraud event (non-GAAP) | $140643 | $554488 | $415841 | $276118 | $139286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Salaries and employee benefits | $75885 | $297859 | $224935 | $148686 | $74824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain salaries and employee benefits items |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program | (283) | (1899) | (1899) | (1594) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other |  |  |  | 1 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted salaries and employee benefits (non-GAAP) | $75602 | $295960 | $223036 | $147093 | $74824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other operating expenses | $44537 | $176184 | $131354 | $88327 | $46051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Certain other operating expenses items |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | (1200) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  | (12) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | (1118) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing expense | (205) | (1135) | (1462) | 94 | (161) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adjusted other operating expenses (non-GAAP) | $43132 | $173919 | $129892 | $88421 | $45890 |

---

**Page 10** 

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---

| | |
|:---|:---|
| **Simmons First National Corporation** | **SFNC** |
| **Reconciliation Of Non-GAAP Financial Measures - End of Period** |  |
| **For the Quarters Ended** |  |
| **(Unaudited)** |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31**<br>**2026** | **Dec 31**<br>**2025** | **Sep 30**<br>**2025** | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** |
| **($ in thousands, except per share data)** |  |  |  |  |  |
|  **Calculation of Tangible Common Equity and the Ratio of Tangible Common Equity to Tangible Assets** | **Calculation of Tangible Common Equity and the Ratio of Tangible Common Equity to Tangible Assets** | **Calculation of Tangible Common Equity and the Ratio of Tangible Common Equity to Tangible Assets** | **Calculation of Tangible Common Equity and the Ratio of Tangible Common Equity to Tangible Assets** |  |  |
|  Total common stockholders' equity | $3437734 | $3419240 | $3353963 | $3549210 | $3531485 |
|  Intangible assets: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodwill | (1320799) | (1320799) | (1320799) | (1320799) | (1320799) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other intangible assets | (81325) | (84423) | (87520) | (90617) | (93714) |
|  Total intangibles | (1402124) | (1405222) | (1408319) | (1411416) | (1414513) |
|  Tangible common stockholders' equity | $2035610 | $2014018 | $1945644 | $2137794 | $2116972 |
|  Total assets | $24692783 | $24540877 | $24208162 | $26693620 | $26792991 |
|  Intangible assets: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodwill | (1320799) | (1320799) | (1320799) | (1320799) | (1320799) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other intangible assets | (81325) | (84423) | (87520) | (90617) | (93714) |
|  Total intangibles | (1402124) | (1405222) | (1408319) | (1411416) | (1414513) |
|  Tangible assets | $23290659 | $23135655 | $22799843 | $25282204 | $25378478 |
|  Ratio of common equity to assets | 13.92% | 13.93% | 13.85% | 13.30% | 13.18% |
|  Ratio of tangible common equity to tangible assets | 8.74% | 8.71% | 8.53% | 8.46% | 8.34% |
|  **Calculation of Tangible Book Value per Share** |  |  |  |  |  |
|  Total common stockholders' equity | $3437734 | $3419240 | $3353963 | $3549210 | $3531485 |
|  Intangible assets: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodwill | (1320799) | (1320799) | (1320799) | (1320799) | (1320799) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other intangible assets | (81325) | (84423) | (87520) | (90617) | (93714) |
|  Total intangibles | (1402124) | (1405222) | (1408319) | (1411416) | (1414513) |
|  Tangible common stockholders' equity | $2035610 | $2014018 | $1945644 | $2137794 | $2116972 |
|  Shares of common stock outstanding | 145058331 | 144762817 | 144703075 | 125996248 | 125926822 |
|  Book value per common share | $23.70 | $23.62 | $23.18 | $28.17 | $28.04 |
|  Tangible book value per common share | $14.03 | $13.91 | $13.45 | $16.97 | $16.81 |
|  **Calculation of Coverage Ratio of Uninsured, Non-Collateralized Deposits** | **Calculation of Coverage Ratio of Uninsured, Non-Collateralized Deposits** |  |  |  |  |
|  Uninsured deposits at Simmons Bank | $7385688 | $9640677 | $9565766 | $8407847 | $8614833 |
|  Less: Collateralized deposits (excluding portion that is FDIC insured) | 2509728 | 2363327 | 2169362 | 2691215 | 3005328 |
|  Less: Intercompany eliminations | 432795 | 2729191 | 2937147 | 1121932 | 1073500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total uninsured, non-collateralized deposits | $4443165 | $4548159 | $4459257 | $4594700 | $4536005 |
|  FHLB borrowing availability | $5831000 | $5999000 | $6134000 | $5133000 | $4432000 |
|  Unpledged securities | 1571000 | 1480000 | 1575000 | 3697000 | 4197000 |
|  Fed funds lines, Fed discount window and |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank Term Funding Program <sup>(1)</sup> | 1595000 | 1836000 | 1824000 | 1894000 | 1780000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Additional liquidity sources | $8997000 | $9315000 | $9533000 | $10724000 | $10409000 |
|  Uninsured, non-collateralized deposit coverage ratio | 2.0 | 2.0 | 2.1 | 2.3 | 2.3 |

---

*(1)* *The Bank Term Funding Program closed for new loans on March 11, 2024. At no time did Simmons borrow funds under this program.* 

**Page 11** 

------

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| | |
|:---|:---|
| **Simmons First National Corporation** | **SFNC** |
| **Reconciliation Of Non-GAAP Financial Measures – Quarter-to-Date** |  |
| **For the Quarters Ended** |  |
| **(Unaudited)** |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31**<br>**2026** | **Dec 31**<br>**2025** | **Sep 30**<br>**2025** | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** |
| **($ in thousands)** |  |  |  |  |  |
|  **Calculation of Adjusted Return on Average Assets & Average Tangible Assets** | **Calculation of Adjusted Return on Average Assets & Average Tangible Assets** | **Calculation of Adjusted Return on Average Assets & Average Tangible Assets** |  |  |  |
|  Net income (loss) | $68544 | $78078 | $(562792) | $54773 | $32388 |
|  Amortization of intangibles, net of taxes | 2288 | 2288 | 2287 | 2289 | 2605 |
|  Total adjusted tangible net income (non-GAAP) | $70832 | $80366 | $(560505) | $57062 | $34993 |
|  Certain items (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  |  | 570 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FDIC Deposit Insurance special assessment | (1984) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | 1200 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program | 283 |  | 305 | 1594 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  | 12 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | 1118 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss (gain) on sale of securities |  |  | 801492 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing (net) | 531 | 85 | 2004 | 163 | 994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tax effect of certain items <sup>(1)</sup> | (8) | (318) | (176649) | (459) | (260) |
|  Adjusted earnings (non-GAAP) | 68566 | 78975 | 64930 | 56071 | 33122 |
|  Amortization of intangibles, net of taxes | 2288 | 2288 | 2287 | 2289 | 2605 |
|  Total adjusted tangible net income (non-GAAP) | $70854 | $81263 | $67217 | $58360 | $35727 |
|  Average total assets | $24533005 | $24254447 | $24914922 | $26645131 | $26678628 |
|  Average intangible assets: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodwill | (1320799) | (1320799) | (1320799) | (1320799) | (1320799) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other intangibles | (83248) | (86206) | (89349) | (92432) | (95787) |
|  Total average intangibles | (1404047) | (1407005) | (1410148) | (1413231) | (1416586) |
|  Average tangible assets (non-GAAP) | $23128958 | $22847442 | $23504774 | $25231900 | $25262042 |
|  Return on average assets | 1.13% | 1.28% | -8.96% | 0.82% | 0.49% |
|  Adjusted return on average assets (non-GAAP) | 1.13% | 1.29% | 1.03% | 0.84% | 0.50% |
|  Return on average tangible assets (non-GAAP) | 1.24% | 1.40% | -9.46% | 0.91% | 0.56% |
|  Adjusted return on average tangible assets (non-GAAP) | 1.24% | 1.41% | 1.13% | 0.93% | 0.57% |
|  **Calculation of Return on Tangible Common Equity** |  |  |  |  |  |
|  Net income (loss) available to common stockholders | $68544 | $78078 | $(562792) | $54773 | $32388 |
|  Amortization of intangibles, net of taxes | 2288 | 2288 | 2287 | 2289 | 2605 |
|  Total income available to common stockholders | $70832 | $80366 | $(560505) | $57062 | $34993 |
|  Certain items (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  |  | 570 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FDIC Deposit Insurance special assessment | (1984) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | 1200 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program | 283 |  | 305 | 1594 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  | 12 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | 1118 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss (gain) on sale of securities |  |  | 801492 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing (net) | 531 | 85 | 2004 | 163 | 994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tax effect of certain items <sup>(1)</sup> | (8) | (318) | (176649) | (459) | (260) |
|  Adjusted earnings (non-GAAP) | 68566 | 78975 | 64930 | 56071 | 33122 |
|  Amortization of intangibles, net of taxes | 2288 | 2288 | 2287 | 2289 | 2605 |
|  Total adjusted earnings available to common stockholders (non-GAAP) | $70854 | $81263 | $67217 | $58360 | $35727 |
|  Average common stockholders' equity | $3470260 | $3410017 | $3368308 | $3546163 | $3564469 |
|  Average intangible assets: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodwill | (1320799) | (1320799) | (1320799) | (1320799) | (1320799) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other intangibles | (83248) | (86206) | (89349) | (92432) | (95787) |
|  Total average intangibles | (1404047) | (1407005) | (1410148) | (1413231) | (1416586) |
|  Average tangible common stockholders' equity (non-GAAP) | $2066213 | $2003012 | $1958160 | $2132932 | $2147883 |
|  Return on average common equity | 8.01% | 9.08% | -66.29% | 6.20% | 3.69% |
|  Return on tangible common equity | 13.90% | 15.92% | -113.56% | 10.73% | 6.61% |
|  Adjusted return on average common equity (non-GAAP) | 8.01% | 9.19% | 7.65% | 6.34% | 3.77% |
|  Adjusted return on tangible common equity (non-GAAP) | 13.91% | 16.10% | 13.62% | 10.97% | 6.75% |

---

*(1)* *Actual tax rate of 21.946% on 2025 loss on sale of securities. Effective rate of 26.135% on all other items.* 

**Page 12** 

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| | |
|:---|:---|
| **Simmons First National Corporation** | **SFNC** |
| **Reconciliation Of Non-GAAP Financial Measures – Quarter-to-Date (continued)** |  |
| **For the Quarters Ended** |  |
| **(Unaudited)** |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31**<br>**2026** | **Dec 31**<br>**2025** | **Sep 30**<br>**2025** | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** |
| **($ in thousands)** |  |  |  |  |  |
|  **Calculation of Efficiency Ratio and Adjusted Efficiency Ratio *<sup>(1)</sup>*** |  |  |  |  |  |
|  Noninterest expense (efficiency ratio numerator) | $140673 | $139862 | $142032 | $138589 | $144580 |
|  Certain noninterest expense items (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program | (283) |  | (305) | (1594) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FDIC Deposit Insurance special assessment | 1984 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | (1200) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  | (12) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | (1118) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing expense | (531) | (85) | (2004) | (163) | (994) |
|  Other real estate and foreclosure expense adjustment | (315) | (432) | (200) | (216) | (198) |
|  Amortization of intangibles adjustment | (3097) | (3097) | (3097) | (3098) | (3527) |
|  Adjusted efficiency ratio numerator | $137231 | $135118 | $136426 | $133518 | $139861 |
|  Net interest income | $197168 | $197296 | $186661 | $171824 | $163422 |
|  Noninterest income | 44197 | 51708 | (756187) | 42354 | 46155 |
|  Fully tax-equivalent adjustment <sup>(2)</sup> | 3012 | 2890 | 3811 | 6422 | 6414 |
|  Efficiency ratio denominator | 244377 | 251894 | (565715) | 220600 | 215991 |
|  Certain noninterest income items (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  |  | 570 |  |  |
| (Gain) loss on sale of securities |  |  | 801492 |  |  |
|  Adjusted efficiency ratio denominator | $244377 | $251894 | $236347 | $220600 | $215991 |
|  Efficiency ratio *<sup>(1)</sup>* | 57.56% | 55.52% | -25.11% | 62.82% | 66.94% |
|  Adjusted efficiency ratio (non-GAAP) *<sup>(1)</sup>* | 56.16% | 53.64% | 57.72% | 60.52% | 64.75% |
|  **Calculation of Total Revenue and Adjusted Total Revenue** |  |  |  |  |  |
|  Net interest income | $197168 | $197296 | $186661 | $171824 | $163422 |
|  Noninterest income | 44197 | 51708 | (756187) | 42354 | 46155 |
|  Total revenue | 241365 | 249004 | (569526) | 214178 | 209577 |
|  Certain items, pre-tax (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plus: Loss on early extinguishment of debt |  |  | 570 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Less: Gain (loss) on sale of securities |  |  | (801492) |  |  |
|  Adjusted total revenue | $241365 | $249004 | $232536 | $214178 | $209577 |
|  **Calculation of Pre-Provision Net Revenue (PPNR)** |  |  |  |  |  |
|  Net interest income | $197168 | $197296 | $186661 | $171824 | $163422 |
|  Noninterest income | 44197 | 51708 | (756187) | 42354 | 46155 |
|  Total revenue | 241365 | 249004 | (569526) | 214178 | 209577 |
|  Less: Noninterest expense | 140673 | 139862 | 142032 | 138589 | 144580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pre-Provision Net Revenue (PPNR) | $100692 | $109142 | $(711558) | $75589 | $64997 |
|  **Calculation of Adjusted Pre-Provision Net Revenue** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pre-Provision Net Revenue (PPNR) | $100692 | $109142 | $(711558) | $75589 | $64997 |
|  Certain items, pre-tax (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plus: Loss on early extinguishment of debt |  |  | 570 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plus: Loss (gain) on sale of securities |  |  | 801492 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plus: FDIC Deposit Insurance special assessment | (1984) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plus: Professional services | 1200 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plus: Early retirement program costs | 283 |  | 305 | 1594 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plus: Termination of vendor and software services |  | 12 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plus: Loss on sale of Equipment Finance business |  | 1118 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plus: Branch right sizing costs (net) | 531 | 85 | 2004 | 163 | 994 |
|  Adjusted Pre-Provision Net Revenue | $100722 | $110357 | $92813 | $77346 | $65991 |

---

*(1)* *Efficiency ratio is noninterest expense as a percent of net interest income (fully taxable equivalent} and noninterest revenues. Adjusted efficiency ratio is noninterest expense before foreclosed property expense, amortization of intangibles and certain adjusting items as a percent of net interest income (fully taxable equivalent) and noninterest revenues, excluding gains and losses from securities transactions and certain adjusting items, and is a non-GAAP measurement.* 

*(2)* *Actual tax rate of 21.946% on 2025 loss on sale of securities. Effective rate of 26.135% on all other items.* 

**Page 13** 

------

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| | |
|:---|:---|
|  **Simmons First National Corporation** | **SFNC** |
|  **Reconciliation Of Non-GAAP Financial Measures - Year-to-Date** |  |
|  **For the Quarters Ended** |  |
| **(Unaudited)** |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31**<br>**2026** | **Dec 31**<br>**2025** | **Sep 30**<br>**2025** | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** |
| **($ in thousands)** |  |  |  |  |  |
|  **Calculation of Adjusted Return on Average Assets & Average Tangible Assets** | **Calculation of Adjusted Return on Average Assets & Average Tangible Assets** | **Calculation of Adjusted Return on Average Assets & Average Tangible Assets** | **Calculation of Adjusted Return on Average Assets & Average Tangible Assets** | **Calculation of Adjusted Return on Average Assets & Average Tangible Assets** | **Calculation of Adjusted Return on Average Assets & Average Tangible Assets** |
|  Net income (loss) | $68544 | $(397553) | $(475631) | $87161 | $32388 |
|  Amortization of intangibles, net of taxes | 2288 | 9469 | 7181 | 4894 | 2605 |
|  Total adjusted tangible net income (non-GAAP) | $70832 | $(388084) | $(468450) | $92055 | $34993 |
|  Certain items (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  | 570 | 570 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FDIC Deposit Insurance special assessment | (1984) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | 1200 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program | 283 | 1899 | 1899 | 1594 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  | 12 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | 1118 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss (gain) on sale of securities |  | 801492 | 801492 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing (net) | 531 | 3246 | 3161 | 1157 | 994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tax effect of certain items <sup>(1)</sup> | (8) | (177686) | (177368) | (719) | (260) |
|  Adjusted earnings (non-GAAP) | 68566 | 233098 | 154123 | 89193 | 33122 |
|  Amortization of intangibles, net of taxes | 2288 | 9469 | 7181 | 4894 | 2605 |
|  Total adjusted tangible net income (non-GAAP) | $70854 | $242567 | $161304 | $94087 | $35727 |
|  Average total assets | $24533005 | $25614700 | $26073100 | $26661787 | $26678628 |
|  Average intangible assets: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodwill | (1320799) | (1320799) | (1320799) | (1320799) | (1320799) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other intangibles | (83248) | (90913) | (92499) | (94100) | (95787) |
|  Total average intangibles | (1404047) | (1411712) | (1413298) | (1414899) | (1416586) |
|  Average tangible assets (non-GAAP) | $23128958 | $24202988 | $24659802 | $25246888 | $25262042 |
|  Return on average assets | 1.13% | -1.55% | -2.44% | 0.66% | 0.49% |
|  Adjusted return on average assets (non-GAAP) | 1.13% | 0.91% | 0.79% | 0.67% | 0.50% |
|  Return on average tangible assets (non-GAAP) | 1.24% | -1.60% | -2.54% | 0.74% | 0.56% |
|  Adjusted return on average tangible assets (non-GAAP) | 1.24% | 1.00% | 0.87% | 0.75% | 0.57% |
|  **Calculation of Return on Tangible Common Equity** |  |  |  |  |  |
|  Net income (loss) available to common stockholders | $68544 | $(397553) | $(475631) | $87161 | $32388 |
|  Amortization of intangibles, net of taxes | 2288 | 9469 | 7181 | 4894 | 2605 |
|  Total income available to common stockholders | $70832 | $(388084) | $(468450) | $92055 | $34993 |
|  Certain items (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  | 570 | 570 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FDIC Deposit Insurance special assessment | (1984) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | 1200 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program | 283 | 1899 | 1899 | 1594 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  | 12 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | 1118 |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss (gain) on sale of securities |  | 801492 | 801492 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing (net) | 531 | 3246 | 3161 | 1157 | 994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tax effect of certain items <sup>(1)</sup> | (8) | (177686) | (177368) | (719) | (260) |
|  Adjusted earnings (non-GAAP) | 68566 | 233098 | 154123 | 89193 | 33122 |
|  Amortization of intangibles, net of taxes | 2288 | 9469 | 7181 | 4894 | 2605 |
|  Total adjusted earnings available to common stockholders (non-GAAP) | $70854 | $242567 | $161304 | $94087 | $35727 |
|  Average common stockholders' equity | $3470260 | $3471531 | $3492261 | $3555265 | $3564469 |
|  Average intangible assets: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Goodwill | (1320799) | (1320799) | (1320799) | (1320799) | (1320799) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other intangibles | (83248) | (90913) | (92499) | (94100) | (95787) |
|  Total average intangibles | (1404047) | (1411712) | (1413298) | (1414899) | (1416586) |
|  Average tangible common stockholders' equity (non-GAAP) | $2066213 | $2059819 | $2078963 | $2140366 | $2147883 |
|  Return on average common equity | 8.01% | -11.45% | -18.21% | 4.94% | 3.69% |
|  Return on tangible common equity | 13.90% | -18.84% | -30.13% | 8.67% | 6.61% |
|  Adjusted return on average common equity (non-GAAP) | 8.01% | 6.71% | 5.90% | 5.06% | 3.77% |
|  Adjusted return on tangible common equity (non-GAAP) | 13.91% | 11.78% | 10.37% | 8.86% | 6.75% |

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*(1)* *Actual tax rate of 21.946% on 2025 loss on sale of securities. Effective rate of 26.135% on all other items.* 

**Page 14** 

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| | |
|:---|:---|
|  **Simmons First National Corporation** | **SFNC** |
|  **Reconciliation Of Non-GAAP Financial Measures - Year-to-Date** |  |
|  **For the Quarters Ended** |  |
| **(Unaudited)** |  |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Mar 31**<br>**2026** | **Dec 31**<br>**2025** | **Sep 30**<br>**2025** | **Jun 30**<br>**2025** | **Mar 31**<br>**2025** |
| **($ in thousands)** |  |  |  |  |  |
|  **Calculation of Efficiency Ratio and Adjusted Efficiency Ratio *<sup>(1)</sup>*** |  |  |  |  |  |
|  Noninterest expense (efficiency ratio numerator) | $140673 | $565063 | $425201 | $283169 | $144580 |
|  Certain noninterest expense items (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Early retirement program | (283) | (1899) | (1899) | (1594) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FDIC Deposit Insurance special assessment | 1984 |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional services | (1200) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Termination of vendor and software services |  | (12) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on sale of Equipment Finance business |  | (1118) |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Branch right sizing expense | (531) | (3246) | (3161) | (1157) | (994) |
|  Other real estate and foreclosure expense adjustment | (308) | (1046) | (614) | (414) | (198) |
|  Amortization of intangibles adjustment | (3097) | (12819) | (9722) | (6625) | (3527) |
|  Adjusted efficiency ratio numerator | $137238 | $544923 | $409805 | $273379 | $139861 |
|  Net interest income | $197168 | $719203 | $521907 | $335246 | $163422 |
|  Noninterest income | 44197 | (615970) | (667678) | 88509 | 46155 |
|  Fully tax-equivalent adjustment <sup>(2)</sup> | 3012 | 19537 | 16647 | 12836 | 6414 |
|  Efficiency ratio denominator | 244377 | 122770 | (129124) | 436591 | 215991 |
|  Certain noninterest income items (non-GAAP) |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Loss on early extinguishment of debt |  | 570 | 570 |  |  |
| (Gain) loss on sale of securities |  | 801492 | 801492 |  |  |
|  Adjusted efficiency ratio denominator | $244377 | $924832 | $672938 | $436591 | $215991 |
|  Efficiency ratio *<sup>(1)</sup>* | 57.56% | 460.26% | -329.30% | 64.86% | 66.94% |
|  Adjusted efficiency ratio (non-GAAP) *<sup>(1)</sup>* | 56.16% | 58.92% | 60.90% | 62.62% | 64.75% |

---

*(1)* *Efficiency ratio is noninterest expense as a percent of net interest income (fully taxable equivalent) and noninterest revenues. Adjusted efficiency ratio is noninterest expense before foreclosed property expense, amortization of intangibles and certain adjusting items as a percent of net interest income (fully taxable equivalent) and noninterest revenues, excluding gains and losses from securities transactions and certain adjusting items, and is a non-GAAP measurement.* 

*(2)* *Actual tax rate of 21.946% on 2025 loss on sale of securities. Effective rate of 26.135% on all other items.* 

**Page 15**

## Exhibit 99.2

![](g102541ex99_2p1g1.jpg)

Nasdaq SFNC Exhibit 99.2 st 1 Quarter 2026 Earnings Presentation April 16, 2026

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![](g102541ex99_2p2g1.jpg)

Company Overview Simmons First National Corporation A Mid-South based financial holding company serving our $24.7 $20.2 customers and the communities where we work and live since 1903 BILLION BILLION TOTAL ASSETS TOTAL DEPOSITS $9.4 $17.9 CONSECUTIVE YEARS 3 117 PAYING DIVIDENDS BILLION BILLION ASSETS UNDER TOTAL LOANS MANAGEMENT/ ADMINISTRATION YEARS OF SERVICE 123 14.36% 8.74% 1 TOTAL RBC RATIO TCE RATIO FINANCIAL CENTERS 221 ACROSS SIX STATES 4.2% 89% 2 DIVIDEND YIELD LOAN TO DEPOSIT RATIO 1.28% 0.21% ACL TO TOTAL NET CHARGE-OFF LOANS RATIO Figures presented on this slide are as of March 31, 2026, unless otherwise noted 2 1 Non-GAAP measures that management believes aid in the discussion of results. See appendix for Non-GAAP reconciliations 2 Based on April 10, 2026, closing stock price of $20.50 and annualized dividend rate of $0.86 per share 3 The future payment of dividends is not guaranteed and is subject to various factors, including approval by the Company's board of directors

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![](g102541ex99_2p3g1.jpg)

1Q26 Financial Highlights 3

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![](g102541ex99_2p4g1.jpg)

1Q26 Highlights 1 1 Reported Adjusted ❑ On track to deliver double-digit PPNR growth in 2026 1 ─ Adjusted PPNR growth of 53% year-over-year 2 Net income $68.5M $68.6M ─ Net interest margin expands to 3.84%, primarily driven by lower funding costs ❑ Loan growth EPS (diluted) $0.47 $0.47 ─ Broad based growth drives loans up 10% linked quarter annualized ─ 5% linked quarter increase in unfunded commitments ROAA 1.13% 1.13% ─ Commercial loan pipeline remains healthy while maintaining pricing discipline ❑ Deposit growth Revenue $241.4M $241.4M ─ 6% annualized linked quarter increase in average total deposits 1 PPNR $100.7M $100.7M ─ 7% annualized linked quarter increase in core customer interest bearing transaction and savings accounts 2 ─ 8 bps decrease in cost of deposits NIM 3.84% ❑ Credit quality NCO ratio 21 bps ─ Provision expense exceeds net charge-offs by $5.5 million, reflecting strong loan growth in the quarter ACL ratio 1.28% ─ Net charge-offs ratio of 21 bps ─ ACL ratio held steady at 1.28% Comparisons on this page are 1Q26 vs 4Q25, unless otherwise noted 1 Non-GAAP measures that management believes aid in the discussion of results. See Appendix for Non-GAAP reconciliations 2 Net interest margin (NIM) is presented on a fully taxable equivalent (FTE) basis using an effective tax rate of 26.135% 4

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![](g102541ex99_2p5g1.jpg)

Income Statement Highlights 2 2 Net Interest Income Adjusted Total Revenue Adjusted PPNR $ in millions $ in millions $ in millions +15% +21% +53% $249.0 $197.3 $197.2 $110.4 $241.4 $100.7 $232.5 $186.7 $92.8 $214.2 $77.3 $209.6 $171.8 $66.0 $163.4 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 2Q25 3Q25 4Q25 1Q26 1 NIM 2.95% 3.81% 3.84% 3.06% 3.50% 2 2 2 Adjusted NIE Adjusted Net Income Adjusted Diluted EPS $ in millions $ in millions +107% +81% (2)% $79.0 $143.6 $0.54 $68.6 $64.9 $140.6 $0.47 $0.46 $139.7 $0.44 $56.1 $138.6 $136.8 $33.1 $0.26 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 2Q25 3Q25 4Q25 1Q26 PPNR – Pre-provision net revenue NIE – Noninterest Expense 5 EPS – Earnings per Share 1 Net interest margin (NIM) is presented on a fully taxable equivalent (FTE) basis using an effective tax rate of 26.135% 2 Non-GAAP measures that management believes aid in the discussion of results. See appendix for Non-GAAP reconciliations

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![](g102541ex99_2p6g1.jpg)

Net Interest Margin (FTE) 1 1 Net Interest Margin Net Interest Margin Evolution FTE (%) FTE +89 bps 11 bps (7) bps 3.84% 3.81% (1) bp 1 bp (1) bp 3.84% 3.50% 3.81% +3 bps 3.06% 2.95% Loan Day 1Q26 4Q25 Funding Hedges Other Yield Rate Count 1Q25 2Q25 3Q25 4Q25 1Q26 Select Yields/Rates FTE (%) 6.31 6.26 6.23 6.20 6.16 Commentary ❑ Favorable repricing of fixed-rate loans continues to be a tailwind 4.30 4.25 4.01 ❑ Deposit cost down 8 bps from 4Q25 levels reflects continued focus on 3.48 3.48 growth of low-cost core customer deposits and planned run-off of non- relationship time deposits or subsequent reinvestment into lower cost deposits. 2.44 2.36 2.25 2.04 1.96 1Q25 2Q25 3Q25 4Q25 1Q26❑ Hedging income of $5.9 million in 1Q26 Loan Yield (FTE) Securities (FTE) Cost of Deposits 1 Net interest margin (NIM) is presented on a fully taxable equivalent (FTE) basis using an effective tax rate of 26.135% 6

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![](g102541ex99_2p7g1.jpg)

Noninterest Income 1 1 1Q26 Adjusted 1Q26 vs Adjusted 1 $ in millions Reported 4Q25 1Q25 Adjusted Commentary Service charges on deposit accounts $12.7 $12.7 $- - % $- - % ❑ Linked quarter decrease primarily driven by Wealth management fees 10.5 10.5 0.2 2 0.9 9 decline in "Other" noninterest income Debit and credit card fees 8 .5 8.5 (0.2) (2) 0.1 1 • $2.9M lower as a result of BOLI death benefits received in 4Q25 Mortgage lending income 1.9 1.9 (0.4) (17) (0.2) (8) • $2.6M lower primarily as a result of negative SBIC valuation adjustments in 1Q26 Bank owned life insurance 4.2 4.2 0.3 7 0.1 3 ❑ Debit and credit card fees and mortgage lending Swap fee income 1.7 1.7 (0.4) (18) 0.3 21 income seasonally lower Other service charges and fees 1 .6 1.6 0 .1 7 0.3 20 Other 3.1 3.1 (7.2) (70) (3.5) (53) Total noninterest income $44.2 $44.2 $(7.5) (15) % $(2.0) (4) % 1 Adjusted Total Revenue Per Employee Adjusted Noninterest Income Adjusted PPNR per Avg. Diluted Share 1 1 (FTE) to Adjusted Total Revenue +33% ($ in thousands) $0.76 22.0% $85.4 $82.9 $0.69 $80.7 20.8% $0.66 19.8% $0.61 19.7% $72.7 18.3% $71.1 $0.52 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 2Q25 3Q25 4Q25 1Q26 Totals may not foot due to rounding FTE – Full-time equivalent 7 1 Non-GAAP measures that management believes aid in the discussion of results. See appendix for Non-GAAP reconciliations

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![](g102541ex99_2p8g1.jpg)

Noninterest Expense 1 1 1Q26 Adjusted 1Q26 vs Adjusted 1 $ in millions Reported 4Q25 1Q25 Adjusted Commentary Salaries and employee benefits $75.9 $75.6 $2.7 4 % $0.8 1 % ❑ Linked quarter increase in salaries and employee Occupancy expense, net 12.2 1 1.9 0.7 6 - - benefits primarily reflects seasonal payroll taxes ❑ Base salary expense lower by 1.8% linked quarter Furniture and equipment 5 .4 5.4 0 .1 2 - - 1 ❑ Adjusted efficiency ratio improves 859 bps year- Deposit insurance 2 .3 4.3 (0.5) (10) (1.1) (21) over-year to 56.16% OREO and foreclosure expense 0 .3 0.3 (0.1) (29) 0.1 56 Other 44.5 43.1 (0.9) (2) (2.8) (6) Total noninterest expense $140.7 $140.6 $2.0 1 % $(2.9) (2) % 1 Employees (FTE) # of Financial Centers Adjusted Efficiency Ratio 859 bp improvement 64.75% 223 223 2,949 2,947 222 222 60.52% 2,917 221 2,913 2,883 57.72% 56.16% 53.64% 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 2Q25 3Q25 4Q25 1Q26 Note: Numbers may not add due to rounding FTE – full-time equivalent 8 1 Non-GAAP measures that management believes aid in the discussion of results. See appendix for Non-GAAP reconciliations

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![](g102541ex99_2p9g1.jpg)

Deposits, Interest Rate Sensitivity, Hedging Program and Capital 9

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![](g102541ex99_2p10g1.jpg)

Deposits Deposit Mix $ in billions; Period End Balances 63% interest bearing Evolution of Funding Rates 1 deposit beta since 2Q24 $21.8 $19.8 $21.7 $20.2 $20.2 5.33% 9.3% 9.4% 5.27% 9.5% 13.4% 14.8% 4.66% 11.1% 12.0% 12.7% 4.33% 4.33% 4.30% 14.0% 12.3% Customer 3.90% 14.7% 14.0% 3.64% 13.3% 3.53% 3.52% 13.4% 3.28% 13.9% Deposits 3.05% 2.97% 2.86% 2.62% 2.47% 42.8% 90.5% 43.2% 43.3% 2.79% 2.79% 39.0% 2.60% 38.2% 2.44% 2.36% 2.25% 2.04% 1.96% Interest Bearing Deposits Cost of Deposits Avg Fed Funds Rate 22.1% 21.5% 21.2% 20.5% 20.5% 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 1Q25 2Q25 3Q25 4Q25 1Q26 Noninterest Bearing Interest Bearing Transaction Accounts Time Deposits Public Funds (interest bearing) Brokered Deposits 2 Linked Quarter Deposit Change Commentary $ in millions; Period End Balances ❑ Continued to effectively manage deposit costs, reflected by an 8 bps decrease Total Deposits $19 on a linked quarter basis ❑ 6% annualized linked quarter increase in average total deposits Noninterest Bearing Transaction Accounts $(48) ❑ 7% annualized linked quarter increase in core customer interest bearing Interest Bearing Transaction and Savings Accounts $34 transaction and savings accounts Time Deposits $(132) ❑ Decrease in time deposits reflects continued, planned run-off of non- relationship CDs or subsequent reinvestment into lower cost deposits Public Funds (interest bearing) $139 ❑ ~78% of deposits are FDIC insured or are collateralized deposits Brokered (MM & CDs) and Other Non-Customer Deposits $26 Totals may not add due to rounding Source: Average Fed Funds rate based on data from www.macrotrends.net 10 1 Deposit beta calculated as change in cost of deposits from 2Q24 to 1Q26 divided by the change in quarterly average Federal Funds Effective rate for 2Q24 vs 1Q26 2 Linked quarter change is 1Q26 vs 4Q25

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![](g102541ex99_2p11g1.jpg)

Interest Rate Sensitivity CD Maturities (over the next 12 months) Loan Portfolio – Repricing and Maturity (contractual) $ in millions At March 31, 2026 $ in millions Weighted Average Rates Repricing Term Rate Structure 3 mo 3-12 1-3 3-5 Over 5 3.46% 3.87% 3.22% 3.82% 2.99% 3.76% 2.95% 3.71% Total Variable Fixed or less mo years years years $1,682.1 RE - Construction $2,283.7 $171.4 $92.6 $67.8 $6.4 $2,621.9 $2,227.1 $394.8 RE - Commercial 4,461.2 1,264.1 1,843.9 669.3 526.1 8,764.6 4,438.3 4,326.3 RE - Single-Family 703.6 296.7 523.6 386.5 655.8 2,566.2 1,429.5 1,136.7 $834.5 $820.5 Commercial (C&I) 1,697.2 172.9 312.8 247.6 90.9 2,521.4 1,722.2 799.3 $379.4 $288.0 $283.5 $88.8 Consumer 203.4 13.6 36.4 7.7 8.0 269.0 197.6 71.4 $55.7 1 Other 723.4 36.6 40.5 40.6 348.7 1,189.8 707.2 482.6 2Q26 3Q26 4Q26 1Q27 Total $10,072.4 $1,955.3 $2,849.8 $1,419.5 $1,636.0 $17,932.9 $10,721.9 $7,211.0 Customer CDs Brokered CDs 2 6.64% 4.89% 5.88% 6.49% 4.74% 6.13% 6.58% 5.49% Weighted average rate Note: Weighted average rates in the table above are based on contractual repricing and maturity. Does not include the impact of Hedging Program summarized on Slide 12 Balance Sheet Interest Rate Sensitivity Over the next 12 months (estimated) Additional Interest Rate Sensitivity Factors Change in Interest Rates % Impact on Net Interest Income 3 ❑ ~$90 million of projected securities principal maturities per quarter Up 25 bps 0.2% ❑ ~$2.7 billion of loans with a weighted average rate of less than 4% repricing over the next three years 4 ❑ ~29% of customer interest bearing deposits are tied to index rates, principally Fed Funds target rate Down 25 bps (0.6)% Down 50 bps (1.3)% Assumes an immediate, parallel change in interest rates and static balance sheet as of March 31, 2026. Totals may not add due to rounding 1 Other includes agriculture, mortgage warehouse and other loans 11 2 Weighted average rates do not include mortgage warehouse and credit card portfolios 3 Projections over the next 12 months assuming a static balance sheet as of March 31, 2026 4 Customer interest bearing deposits includes savings, money market, checking and customer CDs. Does not include brokered deposits

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![](g102541ex99_2p12g1.jpg)

Hedging Program 1 Estimated Future Swap Income Hedging Program Update $ in millions; Based on forward rates ❑ No additional hedging instruments added during 1Q26 ❑ Net interest income (NII) sensitivity remains slightly asset sensitive $5.1 $5.1 $4.7 $4.5 $4.5 ❑ Hedging strategy designed to manage interest rate risk position to slightly asset sensitive 2Q26 3Q26 4Q26 1Q27 2Q27 Quarterly Average (Notional) Annual Average (Notional) Hedged Item Quarter Initiated Rate Protection 1Q26 2Q26 3Q26 4Q26 1Q27 2Q27 2027 2028 2029 2030 Variable rate loans 3Q25 Down rate $1,000.0 $1,000.0 $1,000.0 $1,000.0 $1,000.0 $1 ,000.0 $1 ,000.0 $899.6 $209.6 $- Variable rate CMBS 3Q25 Down rate 300.0 300.0 260.9 200.0 200.0 200.0 130.4 - - - Subordinated debt 3Q25 Down rate 325.0 325.0 325.0 325.0 325.0 325.0 325.0 325.0 325.0 244.0 Fixed rate munis 3Q21 Up rate 1,001.7 1,001.7 1,001.7 1,001.7 1,001.7 1,001.7 1,001.7 937.2 54.2 - Net Asset Swap Position (up rate - down rate) $623.3 $623.3 $584.2 $523.3 $523.3 $523.3 $453.7 $287.4 $480.4 $244.0 Quarterly Fixed Rate Annual Fixed Rate Hedged Item Receive Pay 1Q26 2Q26 3Q26 4Q26 1Q27 2Q27 2027 2028 2029 2030 Variable rate loans Fixed SOFR based 3.59% 3.24% 3.24% 3.24% 3.24% 3.24% 3.24% 3.26% 3.22% - Variable rate CMBS Fixed SOFR based 3.82% 3.82% 3.53% 3.07% 3.07% 3.07% 3.07% - - - Subordinated debt Fixed SOFR based 3.56% 3.56% 3.56% 3.07% 3.07% 3.07% 3.07% 3.07% 3.07% 3.07% Fixed rate munis Fed effective Fixed 1.21% 1.21% 1.21% 1.21% 1.21% 1.21% 1.21% 1.21% 1.22% - Totals may not add due to rounding 1 Estimated swap income based on implied forward rates as of March 31, 2026. Does not include potential impact of hedge ineffectiveness that is recorded in interest income. 12

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Capital: Focused on maintaining a strong capital position 1 1 CET 1 Capital Ratio Tier 1 Leverage Ratio 12.36% 10.06% 10.14% 11.63% 9.96% 11.54% 11.58% 9.56% Commentary 9.87% 8.17% ❑ Share Repurchase Program Adj. Reported ▪ Announced new $175M share repurchase program HTM in February 2026 to replace expiring 2024 program 2,3 Loss ▪ No shares were repurchased during 1Q26 2Q25 3Q25 4Q25 1Q26 2Q25 3Q25 4Q25 1Q26 WELL CAPITALIZED WELL CAPITALIZED 5.0% 6.5% 1 1 Total Risk-Based Capital Ratio Capital Ratios (at 3/31/26) Tier 1 Risk-Based Capital Ratio 15.07% 14.45% 14.42% 12.36% 14.36% Equity to Assets 11.54% 11.63% 11.58% 13.9% 12.03% 9.87% 2 Tangible Common Equity Ratio 8.7% 2Q25 3Q25 4Q25 1Q26 2Q25 3Q25 4Q25 1Q26 WELL CAPITALIZED WELL CAPITALIZED 8.0% 10.0% 1 1Q26 data as of March 31, 2026, 4Q25 data as of December 31, 2025, 3Q25 data as of September 30, 2025, and 2Q25 data as of June 30, 2025 2 Non-GAAP measures that management believes aid in the discussion of results. See Appendix for Non-GAAP reconciliations 13 3 Black bars in each of the graphs above represent the respective capital ratio adjusted for the loss on held-to-maturity securities prior to the balance sheet repositioning that occurred in 3Q25

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Loan Portfolio and Credit Quality 14

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Loans: Well-diversified, granular portfolio and conservative credit culture Loan Portfolio Waterfall Linked Quarter Change by Loan Type $ in millions $ in millions 10% annualized Total Loans $441 $2,656 $190 $17,933 RE – Commercial $475 $17,492 $(2,405) RE – Construction $(252) 1 Funded loans Paydowns/ Other /advances payoffs Commercial (C&I) $139 RE – Single Family $(41) Consumer & Other $(25) Agricultural $28 Total loans Total loans Mortgage Warehouse $117 at 12/31/25 at 3/31/26 Unfunded Commitments Commentary $ in millions ❑ Total loans at $17.9 billion, up 10% on a linked quarter annualized basis RE - Construction C&I RE - Single Family RE - Commercial Agriculture Consumer/Other ❑ Period-end total loans $274 million higher than 1Q26 average total loans $4,068 $3,947 $3,955 $3,888 $3,871 ❑ 5% linked quarter increase in unfunded commitments ❑ Well-diversified, granular portfolio with no significant industry or geographic 94% variable rate • 59% tied to Prime concentrations • 41% tied to SOFR ❑ No significant direct exposure to software/technology firms ❑ Minimal exposure to Shared National Credits (SNC) 1Q25 2Q25 3Q25 4Q25 1Q26 ▪ SNC outstandings total ~1% of total loans ▪ Additional banking relationships with all borrowers 1 "Other" includes linked quarter change associated with loan portfolios impacted by seasonality (agricultural, mortgage warehouse and credit cards) 15

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Pipelines: Solid supply of opportunities that meet disciplined credit appetite and pricing Commercial Loan Pipeline by Category $ in millions Opportunity Proposal Ready to Close $1,815 $1,631 $1,611 $1,559 $1,538 Commentary $757 $1,265 $490 ❑ Maintaining prudent underwriting standards and pricing $1,244 $564 $651 discipline $774 $552 $549 ❑ $651 million of ready to close loans in the commercial $249 $292 $436 1 pipeline as of March 31, 2026, with a rate of 6.40% $217 $105 $168 $199 ❑ Mortgage loan originations in 1Q26 ❑ 65% purchase ❑ 35% refinance $527 $514 $809 $775 $685 $659 $691 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 Rate Ready to 8.31% 7.93% 7.39% 7.35% 7.19% 6.53% 6.40% 1 Close Mortgage Loan Volume $ in millions Mortgage Closed Loan Volume Mortgage Pipeline Volume $31 $27 $29 $27 $21 $32 $16 $110 $96 $89 $90 $84 $75 $69 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 1 Rate ready to close represents the weighted average rate on commercial loans that are ready to close and does not include fees, including FAS 91 fees, associated with those commercial loans 16

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Loans: Conservative LTVs underpin prudent underwriting standards in key sectors Office (non-owner occupied permanent) Key Statistics At 3/31/26 Loan Portfolio – Geographic diversification By State By State NPL Ratio 0.32% 12% 2% Past Due 30+ Days 1.37% 1% 17% Average Loan Size $3.2M 9% 32% 49% Median Loan Size $0.5M $1.1B 3% 2% Number of Loans <$1M 62% 13% 4% 1 Average LTV 45.9% $17.3B 14% Weighted Average LTV 54.9% 9% Texas Arkansas Tennessee Missouri Oklahoma Kansas Other Multifamily (permanent) Key Statistics At 3/31/26 19% 14% By State 10% NPL Ratio 0.88% 10% Texas Arkansas Tennessee Missouri 37% Past Due 30+ Days 0.00% Oklahoma Kansas Florida Other 5% Average Loan Size $3.0M $0.9B 4% Median Loan Size $0.6M % of Total % of Total Top 10 MSAs Number of Loans <$1M 67% 1 1 Loans Commitments 13% 21% Average LTV 50.7% Houston-Sugarland-Baytown 8.5% 8.4% Texas Arkansas Tennessee Missouri Oklahoma Kansas Other Weighted Average LTV 61.7% Dallas-Plano-Irving 8.4% 8.4% Little Rock-North Little Rock-Conway 6.5% 7.3% Retail (non-owner occupied permanent) Key Statistics At 3/31/26 Nashville-Davidson-Murfreesboro 5.4% 5.6% By State NPL Ratio 0.21% 14% Memphis 4.7% 4.5% 1% Past Due 30+ Days 0.00% Fayetteville-Springdale-Rogers 3.7% 4.1% 5% 49% Average Loan Size $1.9M Fort Worth-Arlington 3.7% 3.8% 7% $0.9B Median Loan Size $1.0M Kansas City 2.7% 2.9% Number of Loans <$1M 50% 10% St. Louis 2.7% 2.5% Average LTV 48.1% Austin-Round Rock-San Marcos 2.3% 2.1% 14% Weighted Average LTV 55.6% Texas Arkansas Tennessee Missouri Oklahoma Kansas Other Data shown above as of March 31, 2026 1 Total loans or commitments excluding credit card portfolio and mortgage warehouse 17

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CLD: Quick recycling of capital given short duration of portfolio Construction and Land Development (CLD) By State % of Total % of Total Key Statistics At 3/31/26 Top 10 MSAs Loans Commitments NPL Ratio 1.50% 19% Dallas-Plano-Irving 11.5% 12.0% Past Due 30+ Days 1.01% Houston-Sugarland-Baytown 10.7% 10.8% 40% Average Loan Size $1.4M Nashville-Davidson-Murfreesboro 6.8% 7.8% Median Loan Size $0.3M 13% Phoenix-Mesa-Glendale 5.4% 5.9% $2.6B Number of Loans <$1M 82% Fayetteville-Springdale-Rodgers 3.8% 5.2% Average LTV 56.3% 2% Little Rock-North Little Rock-Conway 4.0% 4.2% 2% Weighted Average LTV 53.8% 3% Fort Worth-Arlington 3.6% 4.1% Weighted Average Maturity ~17 months 11% 10% Austin-Round Rock-San Marcos 5.2% 4.0% Texas Arkansas Tennessee Missouri Kansas City 3.3% 3.6% Oklahoma Kansas Florida Other Jacksonville, FL 3.0% 3.4% CLD - Industrial Warehouse (non-owner occupied) CLD - Multifamily By State By State Key Statistics At 3/31/26 Key Statistics At 3/31/26 NPL Ratio 0.00% NPL Ratio 0.00% 18% Texas 21% Texas Past Due 30+ Days 0.00% 31% Past Due 30+ Days 0.00% Arkansas 48% Tennessee Average Loan Size $17.5M Average Loan Size $13.3M 3% Tennessee Missouri $0.7B $0.5B Median Loan Size $8.4M Median Loan Size $8.7M 27% 5% Kansas Florida Number of Loans <$1M 35% Number of Loans <$1M 27% Florida 9% 8% Other Average LTV 52.8% Average LTV 40.2% Other 16% 14% Weighted Average LTV 51.1% Weighted Average LTV 44.1% Weighted Average Maturity ~12 months Weighted Average Maturity ~13 months Data shown above as of March 31, 2026 18

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Loans: Loan portfolio by type and key credit metrics as of December 31, 2025 as of March 31, 2026 % of % of Past Due 30+ Unfunded Unfunded Balance Total Balance Total Days Classified Nonperforming Commitment ACL Commitment $ in millions $ Loans $ Loans $$$$% Reserve Total Loan Portfolio Credit Card 176 1% 173 1% 3 1 1 - 3.31% - Consumer – Other 116 1% 96 1% 1 - - 38 3.10% 0.59% Real Estate – Construction 2,874 16% 2,622 15% 27 69 40 1,783 2.07% 1.10% Real Estate – Commercial 8,290 47% 8,765 49% 27 241 46 299 1.09% 0.33% Real Estate – Single-family 2,607 15% 2,566 14% 29 53 37 319 1.50% 0.79% Commercial (C&I) 2,382 14% 2,521 14% 5 41 16 1,391 1.05% 0.10% Mortgage Warehouse 322 2% 439 2% - - - - 0.20% - Agriculture 306 2% 334 2% - 2 2 225 1.03% 0.37% Other 419 2% 417 2% - - - 13 0.57% 0.23% Total Loan Portfolio 17,492 100% 17,933 100% 92 407 142 4,068 1.28% 0.63% Loan Concentration (Holding Company Level) C&D 99% 89% CRE 291% 286% Select Loan Categories Retail 1,194 7% 1,188 7% - 4 3 124 0.81% 1.17% Nursing / Extended Care 192 1% 159 1% - 52 1 1 7.69% 0.03% Healthcare 555 3% 527 3% 1 23 2 131 1.29% 0.57% Multifamily 1,606 9% 1,593 9% - 26 8 576 1.92% 0.32% Hotel 823 5% 898 5% 7 33 4 182 1.53% 1.82% Restaurant 610 3% 576 3% 1 16 15 18 1.11% 0.47% NOO Office 1,142 7% 1,231 7% 16 26 12 90 1.75% 0.69% NOO Industrial Warehouse 1,508 9% 1,575 9% - 17 - 330 0.29% 0.18% 1 Non-Depository Financial Institutions (NDFI) 674 4% 760 4% - 2 - 84 0.46% 0.11% 1 NDFI includes mortgage warehouse disclosed in the Total Loan Portfolio table above 19

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Credit Quality ACL and Unfunded Commitment Reserve Credit Quality Commentary 1.50%❑ Top 10 NPLs total $72.4 million with reserves of $7.2 million, reflecting management's 1.48% 1.48% expectation of limited loss content 1.28% 1.28% ❑ Select recent developments after the end of 1Q26 ▪ $1.8M nonperforming RE – Commercial loan paid in full ▪ $2.1M nonperforming RE – Construction loan returned to performing status 0.66% 0.66% 0.65% 0.65%▪ $15.6M past due RE – Commercial (office) loan brought current 0.63% ▪ $13.2M past due RE – Construction/C&I loan brought current ▪ $8.3M past due RE – Construction loan brought current ▪ $3.1M past due RE – Commercial (hotel) loan paid in full ❑ Moody's March 31, 2026, Economic Scenario ▪ Baseline (80%); S1 (10%); S3 (10%) 1Q25 2Q25 3Q25 4Q25 1Q26 ACL to Total Loans Unfunded Commitment Reserve to Unfunded Commitments Provision and Net Charge-Offs $ in millions Credit Quality Metrics $14.6 0.92% 0.90% 0.89% 0.79% Primarily loan growth, $5.5 coupled with change in 0.66% 0.64% 0.61% 0.62% 0.63% Moody's macro economic forecast 0.51% 0.51% Net Charge-Offs 0.27% $9.1 0.21% 21 bps 0.17% 0.11% 1Q25 2Q25 3Q25 4Q25 1Q26 NPL to Loans NPA to Assets Past Due 30-89 to Loans 20 1Q26 20

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Forward-Looking Statements and Non-GAAP Financial Measures Forward-Looking Statements. Certain statements by Simmons First National Corporation (the "Company", which where appropriate includes the Company's wholly-owned banking subsidiary, Simmons Bank) contained in this presentation may not be based on historical facts and should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by reference to a future period(s) or by the use of forward-looking terminology, such as anticipate, "believe," "continue," estimate, expect, foresee," "indicate," "plan," "potential," "project," "target," may, might, will, would, could," "should," "likely" or intend, future or conditional verb tenses, and variations or negatives of such terms or by similar expressions. These forward-looking statements include, without limitation, statements relating to the Company's future growth (including, among other things, expected pre-provision net revenue growth during 2026); business strategies; product development; revenue; expenses (including interest expense and non-interest expenses); assets; loan demand (including loan growth, loan capacity, and other lending activity); deposit levels; dividends; asset quality; profitability; earnings; critical accounting policies; net interest margin; noninterest income; the Company's common stock repurchase program; adequacy of the allowance for credit losses; income tax deductions; credit quality; level of credit losses from lending commitments; interest rate sensitivity (including, among other things, the potential impact of rising rates); loan loss experience; liquidity; capital resources; future economic conditions and market risk; interest rates; the Company's securities portfolio; legal and regulatory limitations and compliance and competition; anticipated loan principal reductions; projections regarding loan repricing; the interest rate sensitivity estimates and projections set forth on slide 11; the estimates related to the hedging program (including estimated future swap income) set forth on slide 12; and the commentary on developments after the end of the quarter related to credit quality on slide 20. Readers are cautioned not to place undue reliance on the forward-looking statements contained in this presentation in that actual results could differ materially from those indicated in or implied by such forward-looking statements due to a variety of factors. These factors include, but are not limited to, changes in the Company's operating or expansion strategy; the availability of and costs associated with obtaining adequate and timely sources of liquidity; changes in credit quality; changes in general market and economic conditions; increased unemployment; labor shortages; possible adverse rulings, judgments, fines, settlements and other outcomes of pending or future litigation; the ability of the Company to collect amounts due under loan agreements; significant increases in nonaccrual loan balances; changes in consumer preferences and loan demand; the effectiveness of the Company's interest rate risk management strategies; laws and regulations affecting financial institutions in general or relating to taxes; the effect of pending or future legislation; changes in governmental administrations; the ability of the Company to repurchase its common stock on favorable terms; the ability of the Company to successfully manage and implement its acquisition strategy and integrate acquired institutions; changes in tariff policies; difficulties and delays in integrating an acquired business or fully realizing cost savings and other benefits of mergers and acquisitions; changes in interest rates, deposit flows, real estate values, and capital markets; increased inflation; customer acceptance of the Company's products and services and changes in customer behaviors; changes or disruptions in technology and IT systems (including cyber or other information technology threats, attacks and events); emerging issues related to the development and use of artificial intelligence that could give rise to legal or regulatory action or increase cybersecurity threats; changes in accounting principles relating to loan loss recognition (current expected credit losses, or CECL); fraud that results in material losses or that we have not discovered yet that may result in material losses; the benefits associated with the Company's early retirement program; pandemics or significant health hazards, severe weather conditions, natural disasters, terrorist activities, political crises, war, and other military conflicts (including the ongoing military conflicts in the Middle East and between Russia and Ukraine) or other major events, or the prospect of these events; increased competition in the markets in which the Company operates and from non-bank financial institutions; changes in governmental policies; the effects of a government shutdown; loss of key employees; reliance on third parties for key services; the soundness of other financial institutions and any indirect exposure related to the closings of other financial institutions and their impact on the broader market through other customers, suppliers and partners, or that the conditions which resulted in the liquidity concerns experienced by closed financial institutions may also adversely impact, directly or indirectly, other financial institutions and market participants with which the Company has commercial or deposit relationships; increased delinquency and foreclosure rates on commercial real estate and other loans; and other risk factors. Other relevant risk factors are detailed in the Company's Form 10-K for the year ended December 31, 2025, and other reports that the Company has filed with or furnished to the U.S. Securities and Exchange Commission (the SEC), all of which are available from the SEC on its website, www.sec.gov. In addition, there can be no guarantee that the board of directors ("Board") of the Company will approve a quarterly dividend in future quarters, and the timing, payment, and amount of future dividends (if any) is subject to, among other things, the discretion of the Board and may differ significantly from past dividends. Further, the timing, pricing and amount of any repurchases under the Company's stock repurchase program will be determined by Simmons' management at its discretion based on a variety of factors including, but not limited to, market conditions, trading volume and market price of Simmons' common stock, Simmons' capital needs, Simmons' working capital and investment requirements, other corporate considerations, economic conditions, and legal requirements. The stock repurchase program does not obligate Simmons to repurchase any common stock and may be modified, discontinued or suspended at any time without prior notice. Any forward-looking statement speaks only as of the date of this presentation, and the Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances that occur after the date of this presentation. Annualized, quarterized, pro forma, projected and estimated numbers are used for illustrative purpose only, are based on hypothetical assumptions that may not accurately reflect future incomes, are not forecasts and are not guaranteed and may differ significantly from actual results. Non-GAAP Financial Measures. This presentation contains financial information determined by methods other than in accordance with U.S. generally accepted accounting principles ("GAAP"). The Company's management uses these non-GAAP financial measures in their analysis of the Company's performance and capital adequacy. These measures adjust GAAP performance measures to, among other things, include the tax benefit associated with revenue items that are tax-exempt, as well as exclude from net income (including on a per share diluted basis), pre-tax, pre-provision earnings, net charge-offs, income available to common shareholders, non-interest income, and non-interest expense certain income and expense items attributable to, for example, branch right sizing costs, early retirement program costs, termination of vendor and software services, FDIC Deposit Insurance special assessment, professional services and a loss on the sale of an equipment finance business. In addition, the Company also presents certain figures based on tangible common stockholders' equity, tangible assets and tangible book value, which exclude goodwill and other intangible assets, and presents certain other figures to include the effect that accumulated other comprehensive income could have on the Company's capital levels. The Company further presents certain figures that are exclusive of the impact of deposits and/or loans acquired through acquisitions, mortgage warehouse loans, and/or energy loans, gains and/or losses on the sale of securities, or the Two Specific Credit Relationships. The Company's management believes that these non-GAAP financial measures are useful to investors because they, among other things, present the results of the Company's ongoing operations without the effect of mergers or other items not central to the Company's ongoing business, present the Company's capital inclusive of the potential impact of AOCI (primarily comprised of unrealized losses on securities), as well as normalize for tax effects and certain other effects. Management, therefore, believes presentations of these non-GAAP financial measures provide useful supplemental information that is essential to a proper understanding of the operating results of the Company's ongoing businesses, and management uses these non-GAAP financial measures to assess the performance of the Company's ongoing businesses as related to prior financial periods. These non-GAAP disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found in the appendix to this presentation. 21

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Appendix 22

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Select Balance Sheet and Other Data 1Q26 vs 4Q25 1Q26 vs 1Q25 $ in millions, except per share data 1Q26 4Q25 1Q25 $ Change % Change $ Change % Change Period End Balances Total loans $17,932.9 $17,492.2 $17,094.1 $440.7 3 % $838.8 5 % Investment securities 3, 152.3 3,266.2 6,107.4 (113.9) (3) (2,955.1) (48) Total assets 24,692.8 24,540.9 26,793.0 15 1.9 1 (2,100.2) (8) Total deposits 20 ,202.8 20,184.0 21,684.6 18.7 - (1,481.8) (7) Borrowed funds 77 1.2 64 1.4 1,301.3 12 9.8 20 (530.2) (41) Total stockholders' equity 3, 437.7 3, 419.2 3, 531.5 18 .5 1 (93.8) (3) Average Balances Total loans $17,658.8 $17,295.4 $16,920.1 $363.4 2 % $738.8 4 % Investment securities 3,228.8 3,301.0 6, 148.6 (72.2) (2) (2,919.8) (47) Total assets 24,533.0 24,254.4 26,678.6 278.6 1 (2,145.6) (8) Total deposits 20,236.2 19 ,957.5 21,680.9 27 8.7 1 (1,444.8) (7) Borrowed funds 52 8.7 558.1 1, 112.5 (29.4) (5) (583.8) (52) Total stockholders' equity 3,470.3 3, 410.0 3,564.5 60.2 2 (94.2) (3) Select Other Data Equity to assets 13.92 % 13.93 % 13.18 % 1 8.74 8.71 8.34 Tangible common equity to tangible assets Book value per share $23.70 $23.62 $28.04 1 Tangible book value per share 14.03 13.91 16.81 Allowance for credit losses to total loans 1.28 % 1.28 % 1.48 % Nonperforming loan coverage ratio 162 199 165 1 Non-GAAP measures that management believes aid in the discussion of results. See appendix for Non-GAAP reconciliations 23

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Income Summary 1 1 1Q26 Adjusted 1Q26 vs Adjusted 1 $ in millions, except per share data 4Q25 1Q25 Reported Adjusted Net interest income $197.2 $197.2 $(0.1) - % $33.7 21 % Noninterest income 4 4.2 4 4.2 (7.5) (15) (2.0) (4) Total revenue 241.4 241.4 (7.6) (3) 31.8 15 Noninterest expense 140.7 140.6 2.0 1 (2.9) (2) 2 100.7 100.7 (9.6) (9) 34.7 53 Pre-provision net revenue Provision for credit losses 1 4.6 14.6 (0.5) (3) (12.2) (45) Provision for income taxes 1 7.5 17.5 1.3 8 11.5 189 Earnings $68.5 $68.6 $(10.4) (13) % $35.4 107 % Diluted EPS $0.47 $0.47 $(0.07) (13) % $0.21 81 % Totals may not foot due to rounding 1 Non-GAAP measures that management believes aid in the discussion of results. See appendix for Non-GAAP reconciliations 24 2 All pre-provision net revenue (PPNR) figures set forth in this row are Non-GAAP measures. See footnote 1 for more information

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Non-GAAP Reconciliations 1Q 2Q 3Q 4Q 1Q $ in thousands, except per share data 2025 2025 2025 2025 2026 1 Calculation of Adjusted Earnings Net Income (Loss) $32,388 $54,773 $(562,792) $78,078 $68,544 Certain items Branch right sizing, net 994 163 2,004 85 531 Loss on sale of equipment finance business - - - 1,118 - Loss (gain) on sale of securities - - 801,492 - - Early retirement program - 1,594 305 - 283 Loss on early extinguishment of debt - - 570 - - Termination of vendor and software services - - - 12 - FDIC Deposit Insurance special assessment - - - - (1,984) Professional services - - - - 1,200 Tax effect (260) (459) (176,649) (318) 8 Certain items, net of tax 734 1,298 627,722 897 22 Adjusted earnings (non-GAAP) $33,122 $56,071 $64,930 $78,975 $68,566 1 Calculation of Earnings and Adjusted Earnings per Diluted Share Earnings available to common shareholders $32,388 $54,773 $(562,792) $78,078 $68,544 Diluted earnings per share $0.26 $0.43 $(4.00) $0.54 $0.47 Adjusted earnings available to common shareholders (non-GAAP) $33,122 $56,071 $64,930 $78,975 $68,566 Adjusted diluted earnings per share (non-GAAP) $0.26 $0.44 $0.46 $0.54 $0.47 Average Diluted Shares Outstanding 126,336,557 126,406,453 140,648,704 145,210,222 145,340,410 1 In this presentation, "Adjusted Earnings" may also be referred to as "Adjusted Net Income" 25

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Non-GAAP Reconciliations 1Q 2Q 3Q 4Q 1Q 2025 2025 2025 2025 2026 $ in thousands Calculation of Pre-Provision Net Revenue (PPNR) Net interest income $163,422 $171,824 $186,661 $197,296 $197,168 Plus: Noninterest income 46,155 42,354 (756,187) 51,708 44,197 Less: Noninterest expense 144,580 138,589 142,032 139,862 140,673 Pre-Provision Net Revenue (PPNR) (non-GAAP) $64,997 $75,589 $(711,558) $109,142 $100,692 Calculation of Adjusted Pre-Provision Net Revenue Pre-Provision Net Revenue (PPNR) (non-GAAP) $64,997 $75,589 $(711,558) $109,142 $100,692 Plus: Loss on sale of equipment finance business - - - 1,118 - Plus: (Gain) loss on sale of securities - - 801,492 - - Plus: Branch right sizing costs, net 994 163 2,004 85 531 Plus: Early retirement program - 1,594 305 - 283 Plus: Loss on early extinguishment of debt - - 570 - - Plus: Termination of vendor and software services - - - 12 - Plus: Professional services - - - - 1,200 Less: FDIC Deposit Insurance special assessment - - - - 1,984 Adjusted Pre-Provision Net Revenue (non-GAAP) $65,991 $77,346 $92,813 $110,357 $100,722 Calculation of Book Value and Tangible Book Value per Share Total common stockholders' equity $3,531,485 $3,549,210 $3,353,963 $3,419,240 $3,437,734 Intangible assets: Goodwill (1,320,799) (1,320,799) (1,320,799) (1,320,799) (1,320,799) Other intangible assets (93,714) (90,617) (87,520) (84,423) (81,325) Total intangible assets (1,414,513) (1,411,416) (1,408,319) (1,405,222) (1,402,124) Tangible common stockholders' equity (non-GAAP) $2,116,972 $2,137,794 $1,945,644 $2,014,018 $2,035,610 Shares of common stock outstanding 125,926,822 125,996,248 144,703,075 144,762,817 145,058,331 Book value per common share $28.04 $28.17 $23.18 $23.62 $23.70 Tangible book value per common share (non-GAAP) $16.81 $16.97 $13.45 $13.91 $14.03 26

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Non-GAAP Reconciliations 1Q 2Q 3Q 4Q 1Q 2025 2025 2025 2025 2026 $ in thousands, except number of employees (FTE) Calculation of Total Revenue and Adjusted Total Revenue Net Interest Income (GAAP) $163,422 $171,824 $186,661 $197,296 $197,168 Noninterest Income (GAAP) 46,155 42,354 (756,187) 51,708 44,197 Total Revenue (non-GAAP) $209,577 $214,178 $(569,526) $249,004 $241,365 Total Revenue (non-GAAP) $209,577 $214,178 $(569,526) $249,004 $241,365 Less: Gain (loss) on sales of securities - - (801,492) - - Less: Loss on early extinguishment of debt - - (570) - - Adjusted Total Revenue (non-GAAP) $209,577 $214,178 $232,536 $249,004 $241,365 Employees (FTE) 2,949 2,947 2,883 2,917 2,913 Total Revenue per Employee (FTE) $71.07 $72.68 $(197.55) $85.36 $82.86 Adjusted Total Revenue per Employee (FTE) $71.07 $72.68 $80.66 $85.36 $82.86 Calculation of Adjusted Noninterest Income Noninterest Income (GAAP) $46,155 $42,354 $(756,187) $51,708 $44,197 Less: Gain (loss) on sale of securities - - (801,492) - - Less: Loss on early extinguishment of debt - - (570) - - Adjusted Noninterest Income (non-GAAP) $46,155 $42,354 $45,875 $51,708 $44,197 Calculation of Noninterest Income to Total Revenue Noninterest Income to Total Revenue 22.02% 19.78% NM 20.77% 18.31% Adjusted Noninterest Income to Adjusted Total Revenue (non-GAAP) 22.02% 19.78% 19.73% 20.77% 18.31% Calculation of PPNR and Adjusted PPNR Per Share Average Diluted Shares Outstanding 126,336,557 126,406,453 140,648,704 145,210,222 145,340,410 PPNR per Average Diluted Shares Outstanding $0.51 $0.60 $(5.06) $0.75 $0.69 Adjusted PPNR per Average Diluted Shares Outstanding (non-GAAP) $0.52 $0.61 $0.66 $0.76 $0.69 FTE – Full time equivalent NM – Not meaningful 27

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Non-GAAP Reconciliations 1Q 2Q 3Q 4Q 1Q 2025 2025 2025 2025 2026 $ in thousands Calculation of Adjusted Noninterest Expense Noninterest Expense (GAAP) $144,580 $138,589 $142,032 $139,862 $140,673 Less: Branch right sizing expense 994 163 2,004 85 531 Less: Early retirement program - 1,594 305 - 283 Less: Loss on sale of equipment finance business - - - 1,118 - Less: Termination of vendor and software services - - - 12 - Less: Professional services - - - - 1,200 Plus: FDIC Deposit Insurance special assessment - - - - 1,984 Adjusted Noninterest Expense (non-GAAP) $143,586 $136,832 $139,723 $138,647 $140,643 Calculation of Efficiency Ratio and Adjusted Efficiency Ratio Noninterest Expense (efficiency ratio numerator) $144,580 $138,589 $142,032 $139,862 $140,673 Total Revenue $209,577 $214,178 $(569,526) $249,004 $241,365 Fully taxable equivalent adjustment ___ _ _6,414 ___ _ _6,422 ___ _ _3,811 ___ _ _2,890 ___ _ _3,012 Efficiency ratio denominator $215,991 $220,600 $(565,715) $251,894 $244,377 Efficiency ratio (based on GAAP figures) 66.94% 62.82% (25.11)% 55.52% 57.56% Adjusted Noninterest Expense (non-GAAP) $143,586 $136,832 $139,723 $138,647 $140,643 Less: Other real estate and foreclosure expense 198 216 200 432 315 Less: Amortization of intangible assets ___ __ 3,527 ___ __ 3,098 ___ __ 3,097 ___ __ 3,097 ___ __ 3,097 Adjusted efficiency ratio numerator (non-GAAP) $139,861 $133,518 $136,426 $135,118 $137,231 Adjusted Total Revenue (non-GAAP) (reconciliation shown on page 27) $209,577 $214,178 $232,536 $249,004 $241,365 Fully taxable equivalent adjustment ___ _ _6,414 ___ _ _6,422 ___ _ _3,811 ___ _ _2,890 ___ _ _3,012 Adjusted efficiency ratio denominator (non-GAAP) $215,991 $220,600 $236,347 $251,894 $244,377 Adjusted Efficiency Ratio (non-GAAP) 64.75% 60.52% 57.72% 53.64% 56.16% Fully taxable equivalent adjustment using an effective tax rate of 26.135% 28

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Non-GAAP Reconciliations 1Q 4Q 1Q 2025 2025 2026 $ in thousands Calculation of Adjusted Salaries and Employee Benefits Salaries and employee benefits (GAAP) $74,824 $72,924 $75,885 Less: Early retirement program - - 283 Less: Other - - - Total Adjusted Salaries and Employee Benefits (non-GAAP) $74,824 $72,924 $75,602 Calculation of Adjusted Occupancy Expense, Net Occupancy expense, net (GAAP) $12,651 $11,636 $12,218 Less: Branch right sizing expense 744 398 298 Total Adjusted Occupancy Expense (non-GAAP) $11,907 $11,238 $11,920 Calculation of Adjusted Furniture and Equipment Expense Furniture and Equipment Expense (GAAP) $5,465 $5,304 $5,423 Less: Branch right sizing expense 89 14 21 Total Adjusted Furniture and Equipment Expense (non-GAAP) $5,376 $5,290 $5,402 Calculation of Adjusted Other Noninterest Expense Other noninterest expense (GAAP) $46,051 $44,830 $44,537 Less: Loss on sale of equipment finance business - 1,118 - Less: Branch right sizing expense 161 (327) 205 Less: Termination of vendor and software services - 12 - Less: Professional services - - 1,200 Total Adjusted Other Noninterest Expense (non-GAAP) $45,890 $44,027 $43,132 Calculation of Adjusted Provision for Income Taxes Provision for income taxes (GAAP) $5,812 $15,948 $17,526 Less: Tax effect of certain items (non-GAAP) (reconciliation shown on page 25) (260) (318) (8) Adjusted provision for income taxes (non-GAAP) $6,072 $16,266 $17,534 29

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Non-GAAP Reconciliations 1Q 4Q 1Q 1Q 2025 2025 2026 2026 $ in thousands $ in thousands Calculation of Adjusted Other Real Estate and Foreclosure Expense Calculation of Adjusted ROAA Other real estate and foreclosure expense (GAAP) $198 $432 $315 Net income $68,544 Less: Branch right sizing expense - - 7 Adjusted earnings (non-GAAP) (reconciliation shown on page 25) $68,566 Total Adjusted Other Real Estate and Foreclosure Expense (non-GAAP) $198 $432 $308 Average assets $24,533,005 Calculation of Adjusted Deposit insurance Return on average assets (ROAA) 1.13% Deposit insurance (GAAP) $5,391 $4,736 $2,295 Adjusted ROAA (non-GAAP) 1.13% Less: FDIC Deposit Insurance special assessment - - (1,984) Total Adjusted Deposit Insurance (non-GAAP) $5,391 $4,736 $4,279 Calculation of Insured, Collateralized Deposits to Total Deposits Uninsured deposits at Simmons Bank $7,385,688 1Q Less: Collateralized deposits (excluding portion that is FDIC insured) 2,509,728 2026 $ in thousands Less: Intercompany eliminations _____ 432,795 Total uninsured, non-collateralized deposits (non-GAAP) $4,443,165 Calculation of Tangible Common Equity (TCE) Total common stockholders' equity $3,437,734 Total deposits $20,202,783 Less: Intangible assets 1,402,124 Total tangible common stockholders' equity (non-GAAP) $2,035,610 Less: Total uninsured, noncollateralized deposits (non-GAAP) 4,443,165 Total insured, collateralized deposits (non-GAAP) $15,759,618 Total assets $24,692,783 Less: Intangible assets 1,402,124 Total Insured, collateralized deposits to total deposits (non-GAAP) 78% Total tangible assets $23,290,659 Common equity to total assets 13.92% Tangible common equity to tangible common assets (non-GAAP) 8.74% 30

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Non-GAAP Reconciliations 2Q 2Q 2025 2025 $ in thousands $ in thousands Calculation of Tier 1 Leverage Ratio Calculation of Total Risk-Based Capital Ratio Stockholders' equity $3,549,210 Tier 1 capital 2,551,006 Less: Disallowed intangible assets, net of deferred tax 1,379,104 Plus: Subordinated notes and debentures 366,369 Less: Unrealized loss (gain) on AFS securities 380,900 Less: Subordinated debt phase out (198,000) Tier 1 capital $2,551,006 Plus: Qualifying allowance for credit losses and reserve for unfunded commitments 258,079 Total risk-based capital $2,977,454 Tier 1 capital $2,551,006 Less: Market value adjustment on HTM securities transferred to AFS, net of tax 501,063 Total risk-based capital $2,977,454 Adjusted Tier 1 capital $2,049,943 Less: Loss on securities sale and repositioning 606,729 Adjusted total risk-based capital $2,370,725 Average assets for leverage ratio $25,606,135 Less: Market value adjustment on HTM securities transferred to AFS, net of tax 501,063 Risk weighted assets $20,646,324 Adjusted average assets for leverage ratio $25,105,072 Less: Securities sale and repositioning (assuming 32.9% risk weighting) 943,205 Adjusted risk weighted assets $19,703,119 Tier 1 Leverage Ratio 9.96% Adjusted Tier 1 Leverage Ratio (Economic Capital) (non-GAAP) 8.17% Total Risk-Based Capital Ratio 14.42% Adjusted Total Risk-Based Capital Ratio (Economic Capital) (non-GAAP) 12.03% 1 Calculation of CET 1 Capital Ratio Tier 1 capital $2,551,006 Less: Loss on securities sale and repositioning 606,729 Adjusted Tier 1 capital $1,944,277 Risk weighted assets $20,646,324 Less: Securities sale and repositioning (assuming 32.9% risk weighting) 943,205 Adjusted risk weighted assets $19,703,119 CET 1 Capital Ratio 12.36% Adjusted CET 1 Capital Ratio Ratio (Economic Capital) (non-GAAP) 9.87% 1 At June 30, 2025, the CET 1 Capital Ratio and the Tier 1 Risk-Based Capital Ratio were the same for the Company 31

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Nasdaq SFNC st 1 Quarter 2026 Earnings Presentation April 16, 2026