Finance

Steve Shields joins Carty and Co.

Former UA Little Rock basketball coach Steve Shields has joined Carty & Co. in the public finance office. Shields has been serving as the city of North Little Rock’s director…

Residential sales are most of top property deals in Craighead County

David and Diane West made the most significant residential and commercial property transfer in Craighead County, from April 15 through May 15, according to the Craighead County Assessor’s Office. The…

First Community Bank names first NWA business board

Batesville-chartered First Community Bank announced four members Wednesday (May 24) of its inaugural business board of directors for the Northwest Arkansas market. Ashley Harris is vice president of marketing and…

Sowell puts ‘boots on the ground’ in Northwest Arkansas

A fast-growing Arkansas registered investment adviser (RIA) is planning for its next growth wave. No surprise that the strategy includes one of the country’s fastest-growing regions. Sowell Management, the privately…

U.S. Steel acquires $240 million in green bonds for second Big River Steel facility

U.S. Steel has closed on $240 million in unsecured Arkansas Development Finance Authority environmental improvement revenue bonds, which carry a green bond designation. The Green Bonds, issued through Arkansas Development…

Dillard’s authorizes new share buyback program, announces dividend

Dillard’s has approved a new share repurchase program authorizing the company to repurchase up to $500 million of its Class A common stock. The company has completed the authorization remaining…

Missouri bank opens 2nd Arkansas branch

Missouri-based Sterling Bank, a $1.37 billion-asset lender headquartered in Poplar Bluff, opened a new, 16,000-square-foot facility in Rogers at 1101 S. 52nd St. on March 23. Sterling Bank is a…

Armor Bank hires Melissa Powell as director of marketing

Armor Bank has hired Melissa Powell as its new Director of Marketing and Human Resources. With a career spanning more than three decades in marketing, advertising, and graphic design, she…

FHLB Dallas donates $1 million for tornado damage assistance in Mississippi Delta

In response to the recent damage caused by severe storms and tornadoes in Arkansas, the Mississippi Delta and Northeast Mississippi, the Federal Home Loan Bank of Dallas (FHLB Dallas) has…

Stephens Inc. promotes Mowery

Stephens Inc. announced Monday (May 15) that Managing Director Joe Mowery will head the Investment Banking Dealership practice, following 20 years as head of the department’s Power and Industrial Technology…

Ritchie joins Stephens Inc. as VP for Government Relations

Stephens Inc. announced Thursday (May 11) that Andrew “Vu” Ritchie has been hired as Vice President of Government Relations. Ritchie was formerly Gov. Sarah Sanders’ Chief Legal Counsel. In his…

Crews & Associates opens new office in Manhattan

Little Rock-based Crews & Associates has opened a new branch office in midtown Manhattan, the company announced Tuesday (May 9). The expansion into New York City will enable the brokerage…

G&G Independent Insurance of Fayetteville acquires Branson firm

Fayetteville-based insurance agency G&G Independent Insurance announced details Monday (May 8) of an acquisition. According to a news release, G&G acquired Robbins Insurance Group (RIG) in Branson, Mo., effective May…

Armor Bank hires Andrew Brink to lead Rogers market

Armor Bank has announced the hiring of Andrew Brink as the Rogers market president. Brink will lead the bank’s Northwest Arkansas team for consumer and commercial needs. “We are excited…

Million dollar apartment sale tops Craighead County deals

TWAS Properties LLC made the most significant residential and commercial property transfer in Craighead County, from March 15 through April 15, according to the Craighead County Assessor’s Office. The company…

Then & Now: Jennings is still big on small biz banking

Editor’s Note: The following story appeared in the April 24 issue of the Northwest Arkansas Business Journal. “Then & Now” is a profile of a past member of the Business…

Arkansas’ tax revenue surplus at $430 million through April

With just two months remaining in Arkansas’ fiscal year, tax revenue is on track to beat the record collections in the previous fiscal year. Also, the state’s revenue surplus was…

FNBC promotes Alan Price community president in Sharp County

FNBC President and CEO Marty Sellars recently announced that Alan Price has been promoted to community president for FNBC’s in Sharp County operations, which includes Ash Flat, Cherokee Village, Highland…

Natural Capital launches 2nd fund; $80M committed

Natural Capital, a Little Rock-based private investment firm with a heavy Northwest Arkansas influence, is leaning into those connections. According to a Form D filing with the U.S. Securities &…

Venture Center opens registration period for fintech summit

The Venture Center officially opened registrations for VenCent a fintech summit for bankers and financial service providers. The event will be held Aug. 14-15 in Little Rock connecting banking leaders,…

Walmart leaders note company history, push AI adoption

ArcBest raises its guidance for the second quarter

Walton-led entity buys 900,000 square feet of former Walmart Home Office for $73 million

Gladner to retire from Arkansas Broadcasters Association later this year