by - July 18, 2019 7:35 pm
Bank OZK on Thursday (July 18) reported that second quarter profits fell short of year ago as a greater volume of loan repayments, the competitive environment for loans and deposits,…
by - July 18, 2019 12:30 pm
Simmons Bank named Alejandro “Alex” Carriles executive vice president and chief digital officer. Carriles’ responsibilities include direct oversight of Simmons’ digital banking strategy, customer experience through digital channels and customer…
by - July 18, 2019 11:48 am
Conway-based Home BancShares Inc. on Thursday (July 18) reported that second quarter earnings were slightly down from a year ago as company officials grumbled about the nation’s “turbulent interest rate…
by - July 18, 2019 11:13 am
Equipment finance can be traced back more than 4,000 years, when Sumerians produced leases on tablets made of clay (not Apple) for agricultural tools and animals. Today, the industry meets…
by - July 17, 2019 10:24 pm
Appearing in lights onstage at the Arkansas Repertory Theatre, Gov. Asa Hutchinson on Wednesday (July 17) made his annual appeal to ten out-of-state financial technology startups to consider setting up…
by - July 17, 2019 2:55 pm
Fayetteville-based restaurant chain Slim Chickens announced Wednesday (July 17) an equity investment from 10 Point Capital, an Atlanta-based private equity firm. Financial terms were not disclosed. The investment is expected to…
by - July 16, 2019 7:07 pm
Kevin Alpe has joined FNBC Bank as a senior vice president and commercial lender at the bank’s newest branch in Jonesboro according to Chad Hudson, FNBC regional president and chief…
by - July 15, 2019 6:45 pm
J.B. Hunt Transport Services missed analyst expectations for profit in the second quarter as earnings fell 11.9% while meeting expectations for revenue, which rose 6% from the same period in…
by - July 15, 2019 6:34 pm
A day nearly two years in the making arrived Monday (July 15) in Northwest Arkansas. Several hundred people gathered inside the Great Hall at Crystal Bridges Museum of American Art…
by - July 14, 2019 8:03 pm
Batesville-based Citizens Bank is adding a new location in Monticello. Once complete, the new financial center will be located at 236 Highway 425 North and will merge the employees and…
by - July 10, 2019 3:11 pm
Significant investment dollars from private equity firm Mountaingate Capital will help unlock the next phase of growth for Bentonville-based software firm RevUnit. The two companies announced the partnership on Wednesday…
by - July 10, 2019 12:15 pm
Five federal financial regulatory agencies announced on Tuesday (July 9) that they adopted a final rule to exclude community banks from the so-called Volcker Rule, which restricts banking institutions from…
by - July 9, 2019 2:24 pm
Stone Bank has promoted Cara Lank, Senior Vice President and Credit Officer, to Chief Credit Officer and Latrecia Branch has been promoted to Senior Vice president and Operations manager. Lank…
by - July 9, 2019 9:40 am
Arvest Bank announced Tuesday (July 9) that its mortgage division has originated more than $1 billion in mortgage loans for the 17th year in a row. That includes both purchase-money…
by - July 8, 2019 5:21 pm
Heirs of the Walmart fortune continue to downsize their individual holdings in the company founded by their parents Helen and Sam Walton. Within one family trust, siblings Alice, Jim and…
by - July 8, 2019 10:45 am
A top Federal Reserve economist for the Eighth District that includes Arkansas said in a recent research note several historically reliable housing indicators pointed to a possible recession in late…
by - July 5, 2019 12:29 pm
Scarco Development LLC of Jonesboro, made the most significant residential and commercial property transfer in Craighead County between May 15 and June 15, according to the Craighead County Assessor’s Office….
by - July 2, 2019 10:48 pm
In three identical 11-1 votes Tuesday night (July 2), the Jonesboro City Council approved a series of ordinances proposed by Team Jonesboro, a citizens group that says its 12-year, one…
by - July 2, 2019 11:39 am
Stephens Inc. has hired Frank Sorrentino IV as managing director within the Arkansas investment banking’s U.S. Depository Group on the East Coast, the company announced on Monday (July 1). Sorrentino…
by - June 30, 2019 9:46 am
Federal banking regulators this week released a new research study that shows mixed results for so-called Minority Depository Institution, or MDIs, in terms of financial stability, revenue generation and loan…
