Simmons Bank Named A Fastest-Growing Company by Fortune

Simmons Bank is an Arkansas state-chartered bank that began in 1903

Published on November 13, 2020

Simmons Bank has been named to Fortune’s list of “100 Fastest-Growing Companies” for 2020, the only Arkansas-based company to make the list. Fortune’s annual recognition seeks to identify “the world’s best three-year performers in revenues, profits and stock returns,” according to its website.

“Simmons Bank is honored by this recognition and deeply grateful to our customers and associates whose passion and loyalty have fueled our success,” said George Makris Jr., chairman and CEO of Simmons Bank. “Our outstanding growth, coupled with our 100-plus-year heritage of community banking, is a combination that we’re very proud of.”

Simmons Bank’s three-year annual revenue growth rate of 35 percent was among the factors leading to Fortune’s listing. The company has grown from approximately $3.2 billion in assets to an over $21 billion-asset company in less than seven years.

Simmons’ recognition from Fortune follows similar accolades from Forbes, which named the bank to its list of “World’s Best Banks” and “Best-in-State Employers” in 2020.

Newsdesk Editor