Finance

Conway industrial facility sold in $15.7M sale/leaseback deal

DW WH Conway, LLC, an investment group led by Andrew Wiechern and Isaac Smith of Colliers | Arkansas, closed on a 641,698-square-foot industrial facility at 600 Dave Ward Drive in…

Citizens Bank promotes Rob Woods to city president of NWA market

Batesville-based Citizens Bank promoted Rob Woods to City President of all Northwest Arkansas branches. He has served as City President for Bentonville and Rogers since 2021, and will now have…

Winthrop Rockefeller Foundation celebrates 50th anniversary

With a half-century of accomplishments under its belt, the Winthrop Rockfeller Foundation has big plans to expand its reach on its 50th anniversary. Founded after the death of its namesake,…

More U.S. consumers turn to deferred payment options

With consumers trying to stretch holiday budgets while also avoiding high credit card interest rates, more shoppers are turning to buy now, pay later (BNPL) options. Adobe Analytics projects BNPL…

U.S. Rep. French Hill selected to chair House Financial Services Committee

U.S. Rep. French Hill, R-Little Rock, received the endorsement Thursday (Dec. 12) of the House GOP steering panel to lead the House Financial Services Committee, an influential panel that guides…

Report: Venture capital investment dips 12% in Arkansas

A new report shows a 12% decline in statewide venture capital investment in 2023 from 2022, with 12 deals totaling $106.4 million. Northwest Arkansas captured most of the venture capital…

Arkansas’ foreclosure action rate declines in November

Arkansas had an 8.87% decline in foreclosure activity in November compared with November 2023, just below the national decline of 9%, according to Irvine, Calif.-based ATTOM. Most Arkansas metro areas…

Then & Now: Dyer says ‘no’ to things to experience success

Allyson Twiggs Dyer is good at saying no. She adheres to Warren Buffett’s mantra, “the difference between successful people and really successful people is that really successful people say no…

Car-Mart sees 2Q profit, revenue falls; shares soar 20%

Rogers-based America’s Car-Mart Inc. posted a revenue decrease but a profit in the second quarter of fiscal 2025 as vehicle sales declined and the average sales price rose. Earnings and…

1828 Capital & Partners established in Fayetteville

Arkansas natives Edward Prewitt, Max Mahler, and Mark Gilbert recently founded a new financial advisory practice, 1828 Capital & Partners, marking their departure from Wells Fargo Advisors. The new firm,…

Fort Smith residents to soon pay credit card fees for city payments

The Fort Smith Board of Directors approved a plan Tuesday (Dec. 3) to pass along credit card fees to citizens. The city uses PayIt as a third party to process…

Warren Stephens to be nominated as U.S. Ambassador to United Kingdom

President-elect Donald Trump announced Monday (Dec. 2) that he will nominate Warren Stephens, chair, president and CEO of Little Rock-based Stephens Inc., as the U.S. Ambassador to the United Kingdom….

Arvest Bank executive Don Walker dies

Longtime Arvest Bank executive Don Walker has died. He was regional executive when he retired from the Fayetteville-chartered bank in January 2020. The banker was first hired into banking by…

Interest rate reductions will help NWA commercial real estate market

The Federal Reserve has lowered the federal funds rate by 0.75 percentage points in its past two meetings and signaled that another 0.25 percentage point cut may happen before year-end….

Gov. Sanders proposes budget that includes $167 million in new spending

Gov. Sarah Sanders proposed Thursday (Nov. 21) a balanced state budget that included new money for a state employee pay plan, more funding for her LEARNS Act voucher program, an…

George Makris to return as CEO of Simmons Bank, new COO named

Simmons First National Corp. announced this week that Robert “Bob” Fehlman will step down as CEO and former CEO George Makris, the current executive chairman, will assume CEO duties effective…

Fort Smith area homebuilders learn more about VA loans

With more military veterans buying homes in the Fort Smith area, builders, remodelers and real estate agents need to know more about Veteran Administration (VA) loans and how they can…

Moses Tucker Partners, EPH jointly acquire $52 million Fort Worth apartment complex

Moses Tucker Partners, a commercial brokerage, development, and property management firm based in Little Rock with a branch office in Bentonville, and multi-state firm Equity Partnership Holdings (EPH) announced Thursday…

First National Bank of NWA to break ground on downtown Rogers branch

First National Bank of NWA will establish its third Rogers branch at 303 S. Arkansas St. The more than 5,500-square-foot full-service branch will be built at the southeast corner of…

Greenwood Gearhart merges with Boston Mountain Money Management

Fayetteville-based Greenwood Gearhart Inc., the largest locally owned independent wealth management firm in Northwest Arkansas, has merged with Boston Mountain Money Management. Financial terms of the deal were not disclosed….