Simmons First National to acquire smaller rival Spirit of Texas Bancshares for $581m

Simmons First National to acquire smaller rival Spirit of Texas Bancshares for $581m

Simmons First National Corporation, the owner of Simmons Bank, has agreed to acquire smaller rival US bank holding company Spirit of Texas Bancshares, the owner of Spirit of Texas Bank SSB, in a deal worth around $581 million. Based in Texas, Spirit of Texas Bancshares operates 37 locations mainly in Dallas-Fort Worth, Houston, San Antonio […]