by - August 10, 2020 4:16 pm
The COVID-19 pandemic has paralyzed many economic sectors as it spread from the northeast to the south and west this spring. Before the pandemic, Jonesboro had experienced historic sales tax…
by - August 5, 2020 2:46 pm
A Little Rock-based application development company was one of 10 worldwide that will participate in the 2020 FIS Fintech Accelerator program, a partnership between financial technology leader FIS and The…
by - August 5, 2020 11:00 am
Arkansas Bank Commissioner Candace Franks has announced her intention to retire after 40 years with the state bank department. Her decision is effective Oct. 1 this year, according to a…
by - August 4, 2020 6:47 pm
Little Rock-based Staley Technologies, a nationwide technology solutions provider, announced a strategic partnership with CIMA, a global cash handling product manufacturer, that will provide innovative smart cash handling solutions and…
by - August 2, 2020 3:11 pm
Little Rock-based BSR Real Estate Investment Trust announced that it has acquired Broadstone Park West, a 370-suite, garden style residential community in Houston, Texas for $51 million from Starlight Investments….
by - August 2, 2020 3:03 pm
CFO Network announced the hiring of Chris Berry as the firm’s new Finance Principal. Berry comes to CFO with an extensive background in Operational Finance, with a focus in financial…
by - August 2, 2020 2:59 pm
Relyance Bank, headquartered in Pine Bluff, announced last week the construction of a 37,000 sq. ft. facility to house management and consolidate various departments at a new site. The location…
by - July 29, 2020 12:21 pm
Little Rock-based Encore Bank launched on Wednesday (July 30) a new mortgage banking division, according to company officials. Members of the mortgage team include: Justin Moore, Executive Vice President &…
by - July 24, 2020 10:41 am
A new entrant is making plans to compete for business in Washington County’s banking market. Partners Bank, an Arkansas bank headquartered in Helena, will open a full-service branch office in…
by - July 23, 2020 4:35 pm
A $374.5 million accounting charge for projected credit losses dropped Bank OZK net income by 72% for the first half of 2020. However, the Little Rock-based bank holding company beat…
by - July 21, 2020 1:08 pm
Pine Bluff-based Simmons First reported second quarter net income and revenue that beat the consensus estimate, and deposit and total asset gains thanks to acquisitions made in 2019. The bank…
by - July 20, 2020 12:21 pm
Bills Super Foods made the most significant residential and commercial property transfer in Craighead County May 15 through June 15, according to the Craighead County Assessor’s Office. The company spent…
by - July 16, 2020 12:14 pm
Conway-based Home BancShares, the parent company of Centennial Bank, posted second quarter revenue and income that beat the consensus estimate of analysts but fell below net income in the same…
by - July 16, 2020 9:18 am
Commercial and multifamily mortgage bankers in the U.S. are expected to close $248 billion of loans backed by income-producing properties in 2020, a 59% decline from 2019’s record volume of…
by - July 15, 2020 5:34 pm
Bank OZK announced Wednesday (July 15) that it has entered into an agreement to sell its only two South Carolina branches. The bank has agreed to sell its Hilton Head…
by - July 15, 2020 4:41 pm
The U.S. Department of Treasury’s Community Development Financial Institutions (CDFI) Fund on Wednesday (July 15) awarded Arkansas Capital Corporation of Little Rock $35 million in federal New Markets Tax Credits…
by - July 15, 2020 2:53 pm
By the middle of this month, Jonesboro residents should start seeing activity on a large tract of land in southwest Jonesboro that has long been envisioned as a site for…
by - July 12, 2020 11:00 am
A research organization of American Trucking Associations recently released a report that shows so-called nuclear verdicts — large jury awards, sometimes in excess of $10 million — have continued to…
by - July 9, 2020 3:42 pm
Arvest Bank announced Thursday (July 9) that its mortgage division has originated total volume of more than $2 billion for the third consecutive year, and at the earliest point in…
by - July 8, 2020 6:29 pm
Jonesboro and Craighead County officials have been bracing for a free-fall in sales and use tax collections due to the COVID-19 pandemic, but up to this point Northeast Arkansas’ largest…
