Simmons First National Corporation | Stephens

Who We Are

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.

The Stephens Story

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.

Leadership

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

Impact Initiatives

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

Our Brand Ambassadors

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.

Stephens & Williams Racing Partnership

Stephens is the official investment banking partner of Williams Racing, one of the most winning teams in F1 history. We share that tradition of success.

Making Connections

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

Simmons First National Corporation

$433.9 Million 07/31/2019 Depository Complete
Lead Banker: Adam Glasier
Public Companies
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Transaction Details

  • Simmons First National Corporation (Nasdaq: SFNC) (“Simmons”) announced that it has entered into a definitive agreement and plan of merger with The Landrum Company (“Landrum”) to acquire all of the outstanding capital stock of Landrum in an all-stock transaction
  • Landrum is headquartered in Columbia, Missouri, and is the parent company of Landmark Bank
  • Landrum’s common stockholders will receive, in the aggregate, 17,350,000 shares of Simmons’ common stock, valued at approximately $433.9 million, based on the closing share price of Simmons of $25.01 on July 29, 2019
  • Pro forma the transaction, Simmons will have approximately $21.4 billion in assets, making it the 53rd largest U.S. bank
  • Completion of the transaction is expected during the fourth quarter of 2019
Sources: Company press release and investor presentation, S&P Global Market Intelligence and publicly available information.
  1. (1) Based on a SFNC closing price of $25.01 on July 29, 2019.

    (2) Based on Landrum’s estimated earnings of $32.7 million for 2019E.

    (3) Core deposits calculated as total deposits less jumbo time deposits > $250,000 and brokered deposits.

    (4) Since 2013. Excludes loans held for sale.

    (5) For the quarter ended 6/30/19.

    (6) Excluding restructured loans.

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