Simmons Bank is a wholly owned subsidiary of Simmons First National Corporation (NASDAQ: SFNC).
Understanding the Ownership Structure
Simmons First National Corporation is a Mid-South based financial holding company that serves as the parent entity for Simmons Bank. This corporation is publicly traded on the NASDAQ stock exchange under the ticker symbol SFNC. It has a notable financial track record, having paid cash dividends for an impressive 115 consecutive years.
As a financial holding company, Simmons First National Corporation oversees the strategic direction and operations of its various banking subsidiaries, with Simmons Bank being its primary banking arm.
Key Ownership Details
To provide a clearer overview of the relationship:
| Entity | Relationship to Simmons Bank | Stock Exchange | Key Attribute |
|---|---|---|---|
| Simmons Bank | Wholly Owned Subsidiary | N/A | Operates 234 branches across 6 states |
| Simmons First National Corporation | Parent Company (Owner) / Financial Holding Company | NASDAQ | Paid cash dividends for 115 consecutive years |
About Simmons Bank's Operations
As a wholly owned subsidiary, Simmons Bank operates a substantial network, providing banking services across a wide geographic footprint. The bank currently maintains 234 branches spanning multiple states, ensuring a broad reach for its customer base.
The states where Simmons Bank has a significant presence include:
- Arkansas
- Kansas
- Missouri
- Oklahoma
- Tennessee
- Texas
For more information about Simmons Bank, you can visit their official About Us page.
