Finance

Then & Now: Singleton’s life, banking career defined by agriculture, farming

Jim Singleton knows farming. It’s his family heritage, his life’s work, his family’s future and his hobby. Singleton grew up on a farm in western Benton County. His grandparents, who…

Fort Smith Metro News Briefs: ArcBest board moves, teen center, and a jury verdict

Following are news brief items from the Fort Smith metro. ArcBest Board Move The board of directors at Fort Smith-based ArcBest have appointed Chris Sultemeier as a new director, effective…

Car-Mart closes on $300 million loan to enhance capital structure

Rogers-based America’s Car-Mart Inc. announced Thursday (Oct. 30) closing on a new five-year, $300 million loan with the money managed by Silver Point Capital L.P. Car-Mart’s stock fell to a…

P3 Cost Analysts in Springdale sells controlling interest to Guideboat Capital

Dallas-based private equity firm Guideboat Capital Partners has acquired controlling interest in Springdale-based P3 Cost Analysts, which provides cost-saving analysis services. Financial terms of the deal were not disclosed. Aaron…

Arkansas Children’s names Yoder as CFO

Arkansas Children’s named Brandon Yoder as the system’s next executive vice president and chief financial officer. He starts Dec. 1, aligning with the late December retirement of CFO Gena Wingfield,…

Maumelle warehouse sold in $8.7 million transaction

An industrial property located at 1401 Murphy Drive in Maumelle sold for $8,729,294 on Oct. 20. Nathan Monan of Colliers | Arkansas represented the seller, Maumelle Warehouse, LLC. The buyer,…

Federal Home Loan Bank of Dallas awards $6.6 million to Arkansas projects

The Federal Home Loan Bank of Dallas (FHLB Dallas) awarded $73.5 million in Affordable Housing Program (AHP) grants to 53 projects in Arkansas, Colorado, Louisiana, Mississippi, New Mexico and Texas….

Fort Smith Metro News Briefs: U.S. Attorney nomination, bank boss, and a Latino trailblazer

Following are news brief items from the Fort Smith metro. U.S. Attorney Nomination Crawford County Prosecuting Attorney Kevin Holmes has been nominated to the U.S. Attorney for the Western District…

White River Bancshares Q3 net income up 29%

White River Bancshares Co., the Fayetteville-based holding company for Signature Bank of Arkansas, posted Tuesday (Oct. 21) that net income increased by 29.12% to $3.53 million in the third quarter…

Adjusted third-quarter net income, revenue rise for Simmons First but below estimates

A restructuring of Simmons First’s balance sheet that included the sale of $2.4 billion in securities resulted in a loss of $562.8 million in the third quarter. The adjusted quarterly…

Jonesboro sales tax collections steady in September

Jonesboro’s sales and use tax collections in September remained virtually unchanged during the month of September when compared to the same month in 2024, but collections are still lagging behind…

Bank OZK quarterly net income up almost 2%, revenue up 6.3%

Third-quarter net income at Bank OZK was $180.5 million, up 1.9% compared with the same period in 2024, the Little Rock-based bank reported Thursday (Oct. 16). Earnings per share of…

Farmers & Merchants Bank adds vice president of farm management position

Farmers & Merchants Bank and The Bank of Fayetteville have promoted Brett Provost to the newly created role of vice president of farm management. Provost is based in the bank’s…

West Little Rock’s Paramount Building sells for $4 million

The Paramount Building, a Class A office property located at 11025 Anderson Drive in Little Rock was sold Monday, Oct. 6 for $4,009,730.26. Isaac Smith of Colliers | Arkansas represented…

Home BancShares revenue up almost 8%, net income beats estimates

Conway-based Home BancShares on Wednesday (Oct. 15) posted third-quarter net income of $123.6 million, better than the $100 million in the same quarter of 2024. Earnings per share of 63…

Then & Now: Jay Brain helping clients at Stephens

Key decisions at pivotal moments in his life led Jay Brain to his role today as senior vice president with Stephens Inc. First, he decided to major in finance and…

U.S. Rep. Crawford introduces bill for immediate relief for farmers

U.S. Rep. Rick Crawford, R-Jonesboro, is introducing the Bridge the Gap for Rural Communities Act (H.R. 5710), legislation that hopes to help farmers bridge the safety net gap until the…

Connections: CREW Northwest Arkansas to host event in Bentonville

Jenny Marrs, designer, author and star of HGTV’s “Fixer to Fabulous,” will be the featured speaker at CREW Northwest Arkansas’ 2025 Signature Event from 5:30 to 8:30 p.m. Nov. 10…

Rogers-based Emeraude provides family wealth, business support

Emeraude, based in the Pinnacle Hills area of Rogers, was born out of a need to serve clients of a regional law firm who sought assistance beyond the scope of…

California firm acquires Hot Springs insurance agency

Inszone Insurance Services, a national provider of commercial, personal, and benefits insurance, announced it has acquired Arkansas Best Insurance Agency, Inc., a long-standing independent agency based in Hot Springs, Arkansas….