Simmons Bank Announces Key Executive Appointments
Rhea-AI Summary
Simmons Bank (NASDAQ: SFNC) announced multiple executive appointments on Feb 2, 2026: Brian Jackson named President, Consumer and Wealth Management (based in Little Rock) and Jonathan Schneider named President, Commercial Banking (based in Dallas).
The bank also said an 8-member Private Banking and Wealth Management team led by Rick Sartori will join from BMO, expanding wealth coverage in St. Louis, Kansas City, Oklahoma City and Wichita.
Positive
- Named Brian Jackson as President, Consumer and Wealth Management, strengthening retail leadership
- Named Jonathan Schneider as President, Commercial Banking, enhancing commercial banking leadership
- Added an 8-member Private Banking and Wealth Management team led by Rick Sartori to expand Midwest wealth footprint
- Expansion targets St. Louis, Kansas City, Oklahoma City and Wichita for wealth management growth
Negative
- No financial terms or expected revenue disclosed for the 8-member team acquisition
- Announcement provides no quantified timeline or metrics for projected fee-income or integration impact
Key Figures
Market Reality Check
Peers on Argus
SFNC showed a marginal move of 0.05% while peers were mixed: WSBC up 1.35%, BKU up 0.11%, and FHB, BMA, FIBK down between 0.28% and
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| 2026-01-20 | Fourth-quarter earnings | Positive | +0.2% | Return to solid profitability with higher net interest margin and efficiency. |
| 2025-12-23 | Earnings call notice | Neutral | -0.1% | Announcement of 4Q25 earnings release date and investor conference call. |
| 2025-11-10 | Dividend increase | Positive | -0.2% | Quarterly dividend of $0.2125 per share and 14th consecutive increase. |
| 2025-10-16 | Balance sheet repositioning | Negative | +1.5% | Large reported net loss from securities sale to reposition balance sheet. |
| 2025-10-06 | Leadership hire | Positive | +0.5% | Hiring of national sales and production manager for mortgage warehouse lending. |
Recent news shows mixed reactions: earnings and leadership hires have often seen modest positive alignment, while dividends and balance sheet repositioning produced divergences in price response.
Over the past few months, SFNC has reported significant strategic and financial developments. In 3Q25, the company recorded a $562.8 million net loss tied to a balance sheet repositioning, followed by a return to profitability with 4Q25 net income of $78.1 million and EPS of $0.54. The company also maintained its dividend growth with a $0.2125 per share payout and marked its 116‑year dividend history. Earlier, Simmons highlighted national hiring in mortgage warehouse lending. Today’s executive appointments continue this theme of strengthening leadership to support organic growth and efficiency initiatives.
Market Pulse Summary
This announcement highlighted Simmons Bank’s continued build-out of its leadership bench and wealth capabilities, naming new presidents for Consumer & Wealth Management and Commercial Banking while adding an 8-member Private Banking and Wealth Management team in four Midwestern markets. In context of a recent return to profitability with $78.1 million in 4Q25 net income and a long, 116‑year dividend history, the moves reinforce a strategy of organic growth and fee income expansion. Investors may watch how these hires translate into loan growth, deposit mix shifts and higher wealth-related revenues over time.
Key Terms
private equity financial
fund finance financial
wealth management financial
AI-generated analysis. Not financial advice.
- Brian Jackson joins Simmons as President, Consumer and Wealth Management
- Jonathan Schneider joins Simmons as President, Commercial Banking
- Addition of established 8-member Private Banking and Wealth Management team further bolsters wealth management capabilities in
St. Louis ,Kansas City ,Oklahoma City andWichita
"The unique skills, experiences and perspectives Brian and Jonathan bring will be invaluable as we embark on our next phase of growth and shape the future of how we serve our clients and create sustainable value for our shareholders," said Jay Brogdon, president and chief executive officer at Simmons. "Our ability to attract top talent is a testament to our strong culture and attractive industry positioning. Adding to the depth of our leadership team will accelerate the results of our transformation efforts that are designed to deliver growth and efficiency. I'm energized to work with the strong executives and leaders we have across Simmons who are driving change, elevating the client experience and enabling scalable growth."
Jackson brings nearly two decades of experience in the financial services industry, with a successful track record of strategic execution. He most recently served as Executive Vice President, Head of Consumer Product, Pricing and Origination Partnerships at Regions Bank. In this role, he was responsible for new product development, ongoing product and portfolio management, and pricing for consumer and small business deposit products, mortgage, home equity, consumer lending, credit and debit cards, and retail payment solutions. Prior to this role, he served as Executive Vice President, CFO Consumer Banking Group where he led a strategic finance team supporting retail, mortgage, branch small business banking and indirect business lines.
Jackson holds a BSBA degree with a concentration in finance from the University of
Schneider has 18 years of commercial banking experience, including the development of C&I and commercial deposit strategies. He most recently served as the Executive Director and Head of Specialty Banking at Veritex Bank. In this role, his responsibilities included designing and executing strategies for growing private equity and sponsor relationships, fund finance, lender finance and government guaranteed lending. Prior to joining Veritex, he led the middle market teams as Regional Corporate Banking Director covering
Schneider holds a BS degree from Liberty University and is a graduate of the Louisiana State University School of Banking. He will report to Brogdon and will office in
Simmons also announced an 8-member Private Banking and Wealth Management team that was previously part of the
"Expanding the depth and reach of our Wealth Management business throughout our footprint is a key objective in our strategic plan and represents a significant opportunity for us to drive organic growth, increase fee income and deepen our banking relationships," said Brogdon. "Rick and his team bring a proven record of high performance and are a natural fit given their familiarity with markets where we already have a strong banking presence. We are delighted to welcome a team of this caliber and believe it underscores our ability to attract talent."
About the Private Banking and Wealth Management Team
Rick Sartori
Sartori brings a distinguished career in finance and financial services and for the last 10 years served as Director of BMO Wealth Management (BMO) in
David Ringwald
Ringwald brings more than 20 years of experience and most recently served as Vice President of Private Banking. Previously, he spent 12 years with
Monica Covert-Risner
Covert-Risner has spent the last 13 years in the financial services industry, most recently serving as Senior Trust Administrator. She previously served as a Senior Wealth analyst and Relationship Banker. She earned her undergraduate degree from Lindenwood University and an MBA from
Sean Zurbriggen
Zurbriggen has spent his entire career in investment management, most recently serving as a Portfolio Manager. He previously served as a Portfolio Manager at Commerce Trust Company and Bank of America Private Bank. He earned his undergraduate and an MBA from the University of
Tyler Noll
Noll has spent his entire career in the financial services industry, most recently as a Private Wealth Advisor. He previously served as a Relationship Banker and Retail Branch Manager for BMO in
Borislav (Bobby) Shull
Shull has spent his entire career in the financial services industry, most recently as a Portfolio Manager. Prior to that, he served as a Relationship Banker at JP Morgan Chase Bank. He attended the
Gregory Erdman
With more than 25 years of experience in the financial services industry, Erdman most recently served as a Senior Wealth Analyst and Private Banking Associate. He previously spent 15 years at
Milica Mijailovic
Mijailovic has spent the last seven years in the financial services industry, most recently serving as a Wealth Analyst. A native of
Simmons Bank
Simmons Bank is a wholly owned subsidiary of Simmons First National Corporation (NASDAQ: SFNC), a Mid-South based financial holding company that has paid cash dividends to its shareholders for 116 consecutive years. Its principal subsidiary, Simmons Bank, operates more than 220 branches in
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SOURCE Simmons Bank
FAQ
Who is Brian Jackson and what role did he accept at Simmons Bank (SFNC) on Feb 2, 2026?
What experience does Jonathan Schneider bring to his new role as President, Commercial Banking at SFNC?
What is the size and origin of the Private Banking and Wealth Management team joining Simmons Bank (SFNC)?
Which markets will Simmons Bank expand into with the new wealth management hires announced Feb 2, 2026?
Did Simmons Bank disclose financial terms or expected revenue impact for the Feb 2, 2026 team addition (SFNC)?
