Tuesday, Simmons First National Corp. (SFNC) raised $64.925 million through its previously disclosed public offering by issuing 2.65 million shares of its common stock. The net proceeds of the offering after deducting underwriting discounts and commissions and estimated offering expenses were approximately $61.4 million. The company granted the underwriters a 30-day option to purchase up to an additional 397,500 shares of its common stock to cover over-allotments, if any.
Simmons First National Corp., through its subsidiaries, provides a range of banking products and services to individual and corporate customers in Arkansas. The company offers community banking services, including time deposit, checking, and savings accounts; personal and corporate trust services; credit cards; investment management; and securities and investment services.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.