by - October 19, 2023 3:43 pm
Little Rock-based Bank OZK posted a third-quarter net income of $169.7 million, up 32.3% compared with $128.3 million in the same quarter of 2022. Per share earnings of $1.49 topped…
by - October 19, 2023 9:14 am
Third-quarter net income and total revenue were down for Conway-based Home BancShares compared with the same quarter in 2022. However, earnings per share of 49 cents beat the consensus estimate…
by - October 18, 2023 6:33 am
The Arkansas Securities Department announced it has reached a settlement with ACI Payments Inc. for its role in erroneously initiating electronic withdrawals totaling $2.3 billion from the accounts of 480,000…
by - October 15, 2023 2:28 pm
The office of State Treasurer Larry Walther will host a legislative event on Wednesday, Oct. 18 at the state capitol to promote financial security and savings for Arkansans. Walther’s office…
by - October 8, 2023 9:15 am
A four-building commercial office park in Bentonville changed hands recently for $12.75 million. 25N5 Moberly LLC, managed by Scott Senyard, bought the Moberly Business Park at 2500 Technology Circle, east…
by - October 8, 2023 8:15 am
Chase bank branches are expected to open this fall in Bentonville and Springdale. The consumer banking division of New York-based JPMorgan Chase & Co. opened its first Northwest Arkansas branch…
by - October 5, 2023 3:11 pm
Fayetteville-based oil and gas company White River Energy Corp. has established a subsidiary offering tax-advantaged products, according to a Thursday (Oct. 5) news release. The new firm’s first investor product…
by - September 28, 2023 8:11 am
Bolstered by its three public banking giants, Arkansas’ 82 federally insured banks reported a net income of close to $1 billion through the first half of 2023. According to the…
by - September 26, 2023 1:55 pm
A pair of Arkansas banks are planning additional branches in new markets in Northwest Arkansas. Today’s Bank, the only Arkansas bank headquartered in Huntsville (Madison County), is nearing completion of…
by - September 26, 2023 12:04 pm
Davy Carter is the regional president for Centennial Bank overseeing Jonesboro and Northeast Arkansas operations. A banker with more than 20 years experience, he has witnessed a few economic downturns…
by - September 25, 2023 2:21 pm
Pine Bluff-based Simmons Bank broke ground Sept. 21 on a new branch in Jonesboro located on Caraway Road. Construction on the 20,000-square-foot branch is underway with the branch projected to…
by - September 24, 2023 9:51 am
The city of Bentonville recently issued a building permit to Commerce Construction of Springdale valued at $3.91 million. Commerce is using the permit to build a 15,000-square-foot building at 1001…
by - September 21, 2023 2:48 pm
Stone Bank has opened its new, full-service banking facility at 12615 Chenal Parkway. The three-story building, built by Bank OZK in 1998, was acquired this year by Stone Bank and…
by - September 20, 2023 7:26 pm
A housing market challenged by higher mortgage rates and a lack of listings would improve next year if interest rates decrease, according to National Association of Realtors Chief Economist Dr….
by - September 20, 2023 10:57 am
Stephens Inc. announced that Leigh Ann Biernat has been appointed Executive Vice President and Head of Stephens Public Finance Practice effective January 1, 2024. Dennis Hunt, who joined Stephens Public…
by - September 19, 2023 11:56 am
Arvest Opportunity Fund, a subsidiary of Fayetteville-chartered Arvest Bank, assisted 181 small business customers with $4.4 million in loans during its first 12 months. The company shared the details in…
by - September 18, 2023 12:08 pm
The wealth management division of Fayetteville-based Signature Bank of Arkansas recently acquired Battisto Investment Group in Harrison. Financial terms of the deal were not disclosed. A Friday (Sept. 15) news…
by - September 18, 2023 6:41 am
Union Bankshares, Inc. of Mena announced a plan to unify the organization under a common name and bank charter. The Union Bankshares, Inc. holding company operates two Arkansas bank charters,…
by - September 14, 2023 8:54 am
Editor’s Note: The following story appeared in the Sept. 11 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…
by - September 12, 2023 9:59 am
High interest rates led home sales to fall in Northwest Arkansas as apartment vacancy remained tight in the first half of 2023, according to new Skyline Reports. Still, home prices…
