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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.