Simmons Bank enters Texarkana with opening of new branch
Rhea-AI Summary
Simmons Bank (NASDAQ: SFNC) has expanded its presence in Texas with the opening of a new branch in Texarkana. The 4,000-square-foot financial center, located at 4330 Saint Michael Drive, features a full-service branch with three drive-thru lanes and an ATM with deposit capabilities. This expansion brings Simmons Bank's branch network to approximately 120 full-service locations throughout Texas and Arkansas.
The new branch will offer a comprehensive range of financial services, including personal and commercial banking, mortgage lending, and wealth management. This move aligns with Simmons Bank's strategy to strengthen its community presence and provide essential financial resources to local businesses and residents. The bank, founded in 1903, now operates 234 branches across six states in the Mid-South region, employing nearly 3,000 people.
Positive
- Expansion of branch network into Texarkana, Texas
- New 4,000-square-foot financial center with full-service capabilities
- Offering comprehensive financial services including personal, commercial, mortgage lending, and wealth management
- Recognition by U.S. News & World Report as one of the 2024-2025 Best Companies to Work For in the South
- Named by Forbes as one of America's Best-In-State Banks 2024 in Tennessee and America's Best-In-State Employers 2024 in Missouri
Negative
- None.
News Market Reaction – SFNC
On the day this news was published, SFNC declined 0.05%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
TEXARKANA, Texas, Aug. 29, 2024 /PRNewswire/ -- Today, Simmons Bank marked the grand opening of a new branch in Texarkana located at 4330 Saint Michael Drive. Simmons Bank operates approximately 120 full-service branches throughout
"Our branch network plays a vital role in connecting our neighbors and local businesses to critical resources that meet their financial needs and help them build a stronger financial future," said Jason Ross, community president for Simmons Bank. "We are proud to bring the power of our extensive branch network to more households and businesses in Texarkana."
The 4,000-square-foot financial center features a full-service branch with three drive-thru lanes and an ATM with deposit capabilities. Associates onsite will serve customers financial needs including personal, commercial, mortgage lending as well as wealth management services.
REC-TXK LLC (Rogers Construction Company) served as the contractor and Entos Design was the architectural firm of record.
Simmons Bank has been doing business since 1903 and has 234 branches across six states in the Mid-South with nearly 3,000 employees.
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 for 115 consecutive years. Simmons Bank operates 234 branches in
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SOURCE Simmons Bank
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