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Report sees better days ahead for banks in state, Southwest region

All three public banks in Arkansas reported a hit on profits in the first quarter, but the banking research team at Stephens Inc. is offering a broader perspective on future growth prospects for the region's banks, projecting that rising interest rates and organic loan growth should boost earnings going forward. ....

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Simmons 1Q profit declines by 3.5%

First-quarter earnings declined nearly 3.5% at Simmons First National Corp., the Pine Bluff bank reported Thursday, though the company said it also is experiencing a "return to more normalized levels of loan demand." Earnings per share fell nearly 6.5% in the quarter. ....

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Simmons' Texas deal advances

Simmons First National Corp. announced Monday that the Federal Reserve Bank of St. Louis has approved Simmons Bank's application for its proposed acquisition of Spirit of Texas Bank SSB, the bank subsidiary of Spirit of Texas Bancshares Inc., based at Conroe, Texas. ....

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Simmons' $581M lands Texas bank

Simmons First National Corp. announced Friday it will pay $581 million to purchase Spirit of Texas Bancshares Inc., a transaction that will make the Pine Bluff bank the largest in Arkansas and improve opportunities to generate loan growth in the booming Texas market. ....

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