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Simmons Bank Announces Key Executive Appointments
Prnewswire· 2026-02-02 13:30
Core Insights - Simmons Bank is enhancing its leadership team by adding Brian Jackson and Jonathan Schneider, which is expected to drive growth and efficiency in the bank's operations [1][3] - The bank is also expanding its Private Banking and Wealth Management team, which will contribute to organic growth and increased fee income [5][6] Leadership Additions - Brian Jackson has nearly 20 years of experience in financial services, previously serving as Executive Vice President at Regions Bank, focusing on consumer products and strategic finance [1][2] - Jonathan Schneider has 18 years of commercial banking experience, most recently as Executive Director at Veritex Bank, where he developed strategies for private equity and commercial deposits [3][4] Wealth Management Expansion - An 8-member Private Banking and Wealth Management team from BMO Financial Group is joining Simmons, led by Rick Sartori, who has a strong background in serving clients in Midwestern markets [5][7] - The expansion of the Wealth Management business is a strategic objective for Simmons, aimed at deepening banking relationships and enhancing client services [6] Team Profiles - Rick Sartori has a distinguished career in finance, previously leading a Private Wealth team at BMO Wealth Management [7] - David Ringwald brings over 20 years of experience, having served as Vice President of Private Banking and with a background in commercial real estate [8] - Other team members include Monica Covert-Risner, Sean Zurbriggen, Tyler Noll, Borislav Shull, Gregory Erdman, and Milica Mijailovic, each with significant experience in financial services [9][11][12][13][14][15] Company Overview - Simmons Bank, a subsidiary of Simmons First National Corporation, operates over 220 branches across several states and has a long history of paying cash dividends [16] - The bank has received multiple accolades, including recognition as one of America's Best Regional Banks and Credit Unions by Newsweek and Forbes [16]
Why Did Linkhome Holdings (LHAI) Stock Jump 21% After Hours? - Linkhome Holdings (NASDAQ:LHAI), News (NASDAQ:NWSA)
Benzinga· 2025-12-19 06:48
Core Viewpoint - Linkhome Holdings Inc. has experienced a significant surge in stock price following a strategic partnership with Move Inc., enhancing its AI capabilities and access to nationwide real estate data [2][3]. Group 1: Stock Performance - Linkhome shares rose 21.54% in after-hours trading, reaching $13.60, after closing the regular session up 20.45% at $11.19 [1]. - The stock has gained 98.76% over the past 12 months but has seen a decline of 11.89% over the past five days, indicating a strong uptrend despite recent bearish movement [6]. - The company has a market capitalization of $181.61 million, with stock trading between a 52-week high of $22.33 and a low of $4.20, currently at 38.6% of its 52-week range [7]. Group 2: Strategic Developments - Linkhome announced a partnership with Move Inc., allowing access to nationwide Multiple Listing Service data across all 50 states [2]. - The company plans to utilize proprietary large-scale AI models for analyzing listings, transactions, and market trends, aimed at improving property discovery and transaction efficiency [3]. Group 3: Financial Capacity - Linkhome Mortgage has secured up to $400 million in combined credit facilities through partnerships with Axos Bank and Simmons Bank [4]. - This funding is intended to support residential mortgage origination, expand the Cash Offer program, and enhance transaction speed while lowering costs [5].
Mommy Scrubs wins $35,000 in eosera® Foundation Pitch Competition
Prnewswire· 2025-11-15 18:24
Core Insights - The eosera® Foundation Pitch Competition awarded Cherie Turner, CEO and Founder of Mommy Scrubs, a total of $35,000, including a $30,000 first place award and a $5,000 people's choice award, highlighting the support for women entrepreneurs in the healthcare sector [2][3][9]. Company Highlights - Mommy Scrubs, founded by Cherie Turner, focuses on designing postpartum scrubs specifically for breastfeeding mothers in healthcare, addressing the challenges faced by these professionals [7][8]. - The company has developed a patent-pending design that allows for easy pumping access while maintaining the functionality of standard scrubs, indicating a strong market need and innovative approach [8]. Industry Context - The competition, hosted by the eosera® Foundation, received over 250 applications, showcasing the growing interest and participation of women entrepreneurs in the business landscape [3][4]. - Fort Worth is recognized as the second fastest-growing area for women-owned businesses in the U.S., reflecting a positive trend in female entrepreneurship [4]. - The event emphasized the importance of supporting small businesses and entrepreneurs as a foundation for economic growth, aligning with broader trends in investment and community support for women-led initiatives [5][12].
Jack Henry Announces 2025 Cobalt Award Winners
Prnewswire· 2025-09-10 13:00
Core Insights - Jack Henry announced the winners of the 2025 Cobalt Awards, recognizing six financial institutions and fintechs for their innovative contributions to financial services [1][2] - The awards highlight organizations that empower communities through technology, integration, and education [2][3] Group 1: Award Winners - Bangor Savings Bank: Streamlined back-office efficiencies, delivering over 1,500 Maine ABLE disability expense accounts with nearly $10 million in deposits [6] - Delta Community Credit Union: Developed a credit and borrowing education series that increased financial confidence for 98% of participants [6] - Simmons Bank: Achieved a 96% reduction in fraud losses, saving hundreds of thousands of dollars annually [6] - Y-12 Federal Credit Union: Reduced fraud losses by 93% and manual interventions by about 80% through automation [6] - Bits of Stock: Integrated its platform into the Banno Digital Platform™, allowing users access to thousands of fractional stocks and ETFs [6] - equipifi: Integrated its buy now, pay later solution with Symitar® and Banno™, resulting in an 18% increase in digital banking logins and a 14% rise in debit card usage [6] Group 2: Company Overview - Jack Henry is a financial technology company that connects financial institutions with their clients, focusing on innovation and user-centric solutions [5] - The company has been providing technology solutions for nearly 50 years, empowering approximately 7,400 clients [5]
Tickets on Sale for Simmons Bank Championship presented by Stephens
Prnewswire· 2025-07-24 13:26
Core Points - The Simmons Bank Championship presented by Stephens is a PGA TOUR Champions playoff event taking place from October 20-26, 2025, at Pleasant Valley Country Club in Little Rock, Arkansas, featuring a total prize purse of $2.3 million [1][10] - The tournament will include the top 54 players in the standings competing for a chance to qualify for the final event of the season [1][10] Ticket Options - General admission tickets are available for $30 for single-day access, $35 for a Good Any One Day ticket, and $85 for a weekend pass covering all three days [2] - Children aged 15 and under can enter for free with a ticketed adult [2] - Upgraded hospitality options include a 15th green shared hospitality ticket for $300 per day or $850 for the weekend, offering food and beverage services [2] Exclusive Hospitality Packages - Parker Lexus Lounge tickets are priced at $5,000 for a 4-pack weekend ticket, including VIP parking and access to premium food and beverages [3] - The 16th Green Cabanas are available for $18,000 for a 12-person weekend ticket, providing an upscale hospitality experience with all-inclusive services [4] - The Arkansas Champions Club VIP pass includes exclusive access to the clubhouse, premium food and beverages, and post-play entertainment [5] Military Discounts - Active, reserve, and retired military personnel can receive two complimentary Good Any Day tickets and purchase additional discounted tickets [6] Corporate Opportunities - Corporate sponsorships, hospitality packages, and Pro-Am golf experience positions are available for purchase [7]
PermRock Royalty Trust Announces Closing of Boaz Energy's Sale to T2S Permian Acquisition II LLC
Prnewswire· 2025-04-01 00:30
Core Viewpoint - PermRock Royalty Trust announced the completion of the sale of its underlying oil and gas properties from Boaz Energy II, LLC to T2S Permian Acquisition II LLC, marking a significant transition in ownership and operational management of these assets [1][2]. Group 1: Transaction Details - The sale involved the transfer of all rights, title, and interest in the underlying properties from the Grantors (Boaz Energy and its affiliate) to the Buyer, T2S Permian Acquisition II LLC [2]. - Boaz Energy also sold 4,884,861 Trust units representing beneficial interests in the Trust to Ustx LLC, a wholly-owned subsidiary of the Buyer [2]. Group 2: Operational Transition - Boaz Energy plans to assist in the operational transition of the underlying properties to the Buyer, ensuring a smooth transfer of management responsibilities [3]. - Argent Trust Company, acting as the trustee of the Trust, will continue to administer the Trust in the usual manner during this transition [3]. Group 3: Trust Overview - PermRock Royalty Trust is a Delaware statutory trust that owns a net profits interest, allowing it to receive 80% of the net profits from oil and natural gas production from the underlying properties [4].