M&A Deal Summary

Simmons Bank Acquires Metropolitan National Bank

On November 25, 2013, Simmons Bank acquired financial services company Metropolitan National Bank

Acquisition Highlights
  • This is Simmons Bank’s 5th transaction in the Financial Services sector.
  • This is Simmons Bank’s 5th transaction in the United States.
  • This is Simmons Bank’s 5th transaction in Arkansas.

M&A Deal Summary
Date 2013-11-25
Target Metropolitan National Bank
Sector Financial Services
Buyer(s) Simmons Bank
Deal Type Add-on Acquisition

Target

Metropolitan National Bank

Little Rock, Arkansas, United States
Metropolitan National Bank is a provider of financial services.

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Buyer(S) 1

Buyer

Simmons Bank

Pine Bluff, Arkansas, United States
Category Company
Founded 1903
Sector Financial Services
Employees2,989
Revenue 782M USD (2023)
DESCRIPTION
Simmons Bank office building in downtown Little Rock, Arkansas.
Simmons Bank office building in downtown Little Rock, Arkansas.

Simmons Bank is a regional provider of financial services. Simmons Bank was founded in 1903 and is based in Pine Bluff, Arkansas.

DEAL STATS #
Overall 5 of 16
Sector (Financial Services) 5 of 16
Type (Add-on Acquisition) 5 of 15
State (Arkansas) 5 of 5
Country (United States) 5 of 16
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-19 Alliance Bancorporation

Arkansas, United States

Alliance Bancorporation, Inc. is a provider of banking, loans, insurance management and other financial services.

Buy $25M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-06 Community First Bancshares

Union City, Tennessee, United States

Community First Bancshares, Inc. provides financial services in US.

Buy $243M
Mergr

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