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 >
The bank reported slowing activity in its commercial loan pipeline, which it attributed to "softening prospects of economic growth." read more >
Current CEO George Makris Jr. will shift to a role as full-time chairman in the new year. read more >
Earnings per share fell to 63 cents but still surpassed Wall Street expectations. read more >
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 >
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 >
The Lone Star State beckons with bountiful markets, bank opportunities galore. read more >
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 >
Net income was $271.2 million for the full year, up 6% compared to 2020. read more >
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 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 >
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 >
Arkansas Children's celebrates its new $17.5 million clinic in Pine Bluff, set to open later this month. read more >
Simmons Bank opens a corporate banking office in the Gulch Union office building at 1222 Demonbreun St. in downtown Nashville, Tennessee. read more >
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 >
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 >
Simmons First National Corp. of Pine Bluff announces a list of senior leadership changes that includes naming Bob Fehlman as president and COO of the company and Simmons Bank. read more >
Encore Bank’s Texas aspirations stand at three offices and counting. So far, the Little Rock bank has full-service branches in the works for Austin, Fort Worth and Dallas. read more >
Arvest Bank of Fayetteville says it will close 31 of its more than 270 bank branches this summer as the company seeks a better balance between brick-and-mortar locations and online services. read more >
Julie Stackhouse has been added to the board of directors for Simmons Bank of Pine Bluff. read more >
Simmons Bank of Pine Bluff has accused former employees of taking customer and proprietary bank information when they left to work for Encore Bank of Little Rock. read more >
