Simmons First National Corp., founded in 1907 and headquartered in Pine Bluff, Arkansas, serves to provide comprehensive financial services across the Southeastern United States. The company operates a network of banking branches and offers a variety of products, including consumer banking, commercial banking, and investment services.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| SFNC 0.00% 2028-04-01 USDSimmons First National Corp. | United States | 2028-04-01 | 0.000 | 6.14 |
| SFNC 6.25% 2035-10-01 USDSimmons First National Corp. | United States | 2035-10-01 | 6.250 | 6.18 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Simmons First has been issuing bonds since the early 2000s, with significant offerings aimed at funding growth initiatives and acquisitions. Notably, in 2021, the company successfully issued $250 million in subordinated notes, which were well-received in the market and featured a fixed-to-floating rate structure. As of October 2023, current yields on their bonds are competitive within the regional banking sector, reflecting solid credit ratings and favorable market conditions. Recent news indicates that Simmons First plans to utilize bond proceeds for expansion efforts, reinforcing its commitment to enhancing shareholder value.