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Simmons First National Corp.

Banking & Finance / Public Companies

Simmons Profit Falls on FDIC Assessment, Securities Losses in Q4

The bank reported net income of $23.9 million, down 71.3% from the same quarter the previous year. read more >
Banking & Finance / Public Companies

Simmons First Names Daniel Hobbs as CFO

Simmons First National Corp. of Pine Bluff says Daniel Hobbs will join the company Monday as executive vice president and chief financial officer. read more >
Banking & Finance / Investments / Public Companies

Simmons Bank’s Q3 Beats Expectations As Customers Chase Higher Rates

Simmons First National Corp. of Pine Bluff reports third-quarter profit of $47.2 million, down 41% from the same quarter last year, as customers moved into higher interest rate deposit accounts and interest expense increased. read more >
Bob Fehlman, president of Simmons Bank. Fehlman is succeeding George Makris Jr. as CEO effective Jan. 1, 2023.
Banking & Finance / Public Companies

Simmons Misses Q1 Expectations as Profit Falls 30%

CEO Bob Fehlman said the lender faced challenges from rising interest rates and heightened market volatility, but deposits were stable and the bank ended the period with solid liquidity. read more >
Banking & Finance / Public Companies

Simmons Posts Record Revenue, Lower Profit in 2022

The bank reported slowing activity in its commercial loan pipeline, which it attributed to "softening prospects of economic growth." read more >
Bob Fehlman, president of Simmons Bank. Fehlman is succeeding George Makris Jr. as CEO effective Jan. 1, 2023.
Banking & Finance / Public Companies

Bob Fehlman Named Next CEO of Simmons Bank

Current CEO George Makris Jr. will shift to a role as full-time chairman in the new year. read more >
Banking & Finance / Public Companies

Simmons Reports Higher Revenue, Flat Income in Q3

Earnings per share fell to 63 cents but still surpassed Wall Street expectations. read more >
Federal Reserve Bank headquarters in Washington, D.C.
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What’s Next With Inflation (Lance Turner Editor’s Note)

Nearly eight months into an expensive 2022, here’s where we stand on inflation and what some observers and policymakers think is coming next. read more >
Banking & Finance / Business Services / Investments / Media & Marketing / Public Companies / Real Estate

Arkansas Eyes Upon Texas Lending

The Lone Star State beckons with bountiful markets, bank opportunities galore. read more >
Arvest Bank was the leader of this year's list of largest banks in Arkansas, ranked by assets, followed by Bank OZK, Simmons Bank, Centennial Bank and First Security Bank.
Banking & Finance / Business Services / Insurance / Investments / Legal / Public Companies / Retail / Small Business

Arvest No. 1 Bank by Assets, But List is ShufflingLock Icon

A near 10% increase in assets helped push Arvest to the top of Arkansas Business’ annual list of the state’s biggest banks, but more changes are in store as the runners-up prepare to close significant acquisitions. read more >
Transplace’s new 150,000-SF center on 15 acres in Rogers houses 800 workers now, but it can support up to 1,100, executives say.
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Arkansas Dealmaking Down 17% in ’21Lock Icon

The number of the biggest deals in Arkansas worth $10 million or more rose to 95, an increase of 12% compared with the 85 big deals in 2020. read more >
Banking & Finance / Public Companies

Record Year for Simmons Despite Q4 Earnings Dip

Net income was $271.2 million for the full year, up 6% compared to 2020. read more >
A Simmons Bank branch location in Gainesville, Texas.
Banking & Finance / Investments / Public Companies / Real Estate

Everything’s Bigger With Texas (Lance Turner Editor’s Note)

It’s well established that Arkansas has more than its fair share of banking talent. And that talent’s been on display throughout the year. read more >
Simmons Bank, now occupying the old Acxiom headquarters in downtown Little Rock, has received a $21 million judgment on debt owed by Suneet Singal and  First Capital Real Estate Investments LLC of California. The loans were first made by Heartland Bank.
Banking & Finance / Investments / Public Companies

Update: Simmons First to Buy Spirit of Texas Bancshares in $581M Deal

Simmons First National Corp. of Pine Bluff is acquiring Spirit of Texas Bancshares Inc. and its wholly-owned subsidiary, Spirit of Texas Bank SSB, in a cash and stock deal valued at about $581 million. read more >
Banking & Finance / Business Services / Investments / Public Companies

Simmons Bank Taps TCF Exec to Lead Commercial Finance Unit

Simmons Bank announces a new commercial finance business unit, which will focus on equipment finance in business aviation, over-the-road trucking, franchise finance and marine financing. read more >
Banking & Finance / Investments / Public Companies

Simmons First Q2 Profit Beats Wall Street Expectations

Simmons First National Corp. of Pine Bluff reports second-quarter net income of $74.9 million, up 27% from the same quarter last year. read more >
Arkansas Children’s Hospital Pine Bluff Clinic
Construction / Nonprofits

Arkansas Children’s to Open Pine Bluff Clinic This Month

Arkansas Children's celebrates its new $17.5 million clinic in Pine Bluff, set to open later this month. read more >
Simmons Bank announced Tuesday the opening of a corporate banking office in this building at 1222 Demonbreun St. in downtown Nashville, Tennessee.
Banking & Finance / Public Companies

Simmons Bank Opens New Office in Nashville

Simmons Bank opens a corporate banking office in the Gulch Union office building at 1222 Demonbreun St. in downtown Nashville, Tennessee. read more >
Banking & Finance / Public Companies

Update: Simmons First to Buy 2 Banks, Expand Tennessee Footprint

Simmons First National Corp. of Pine Bluff announces that it will buy two Memphis-area bank companies in separate deals worth a combined $277.9 million. read more >
Freddie Black and Chad Rawls
Banking & Finance / Public Companies

Simmons Bank Names Leaders for 2 New Divisions

Simmons Bank creates two separate banking divisions – a community bank division and metro bank division – that will be led by Freddie Black and Chad Rawls, respectively. read more >