Simmons Bank hires new leaders to boost organic growth

Key insight: The bank hired two executives and launched a new private banking team to diversify its loan portfolio and nab more of its clients' business.What's at stake: Despite a growth-via-acquisition strategy, Simmons has underperformed peers in the market in recent years.Forward look: The company's largest opportunity to exceed its guidance for 2026 is by racking up low-cost deposits, the CEO said.Simmons First National is bulking up its executive leadership team under its new CEO, Jay Brogdon, the bank ...