First Texas BHC, Inc. | Stephens

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What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

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The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

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We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

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Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

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We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

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Financial Advisor And Fairness Opinion

First Texas BHC, Inc.

$462 Million 01/23/2017 Depository Complete
Public Companies
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Transaction Details

  • Announcement Date: January 23, 2017
  • Deal Value: ~$462 million
  • P / TBV: 2.4x
  • P / 2016 Net Income: 24.8x
  • Merger consideration will consist of 6.5 million shares of SFNC common stock and $70.0 million in cash
  • Upon closing of this transaction and the recently announced acquisitions of Southwest Bancorp, Inc. (OKSB) and Hardeman County Investment Company, SFNC will have over $13.5 billion in total assets
  • $4.6 billion asset franchise in high growth Southwest markets throughout Texas, Oklahoma and Colorado
Sources: Public filings and SNL Financial.
  1. Note: SWB financial information as of 9/30/16; SFNC branches include pending acquisition of Hardeman County Investment Company.

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