by - December 7, 2020 12:52 pm
The 5,033 FDIC-insured U.S. commercial banks and savings institutions reported a cumulative net income of $51.2 billion in the third quarter, ending Sept. 30. While net income was down 10.7%…
by - December 6, 2020 9:36 am
Bloomberg Businessweek has named Southern Bancorp CEO Darrin Williams to the 2020 Bloomberg 50, its annual list of innovators, entrepreneurs, and leaders who have changed the global business landscape over…
by - December 3, 2020 1:32 pm
BSR Real Estate Investment Trust announced Wednesday (Dec. 2) that it has sold five “noncore properties,” comprising 890 apartment units, as part of the REIT’s portfolio enhancement growth strategy and…
by - December 2, 2020 11:53 am
Missouri-based Sterling Bank, a $1.27 billion-asset lender headquartered in Poplar Bluff, closed a real estate deal in October to begin the development of a full-service branch in Northwest Arkansas. The…
by - December 1, 2020 3:16 pm
Springdale-based commercial real estate company Mathias Properties Inc. recently expanded with Mathias Real Estate, a full-service real estate brokerage. Mathias Real Estate joins other Mathias Properties subsidiaries: MP Construction, Mathias…
by - December 1, 2020 8:49 am
Citizens Equity First Credit Union (CEFCU) of Illinois and Pine Bluff-based Simmons Bank have entered into an agreement for CEFCU to purchase four Simmons Bank branches located in the Metro…
by - November 29, 2020 9:49 am
Little Rock-based Encore Bank has broadened its footprint during the pandemic, and by all counts, is looking to grow further and faster. Bank president Burt Hicks, who also serves as…
by - November 23, 2020 12:07 pm
Northwest Arkansas is ranked in the top 25 for U.S. metro areas where residents are investing more. Meanwhile, Fayetteville is ranked No. 14 among U.S. cities where retirees can stretch…
by - November 21, 2020 6:41 pm
The Federal Home Loan Bank of Dallas has awarded $19.3 million in Affordable Housing Program (AHP) subsidies to 38 projects in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies…
by - November 19, 2020 1:01 pm
Interest in purchasing life insurance has increased amid the COVID-19 pandemic, but most providers are not approving policies for those who’ve recently recovered from COVID-19, a financial adviser said. Meanwhile,…
by - November 18, 2020 4:47 pm
Amber Sharp has joined FNBC Bank as Senior Vice President Chief Information and Innovation Officer. Sharp was hired for this newly created role in October. Sharp will provide leadership and…
by - November 17, 2020 10:02 am
The Arkansas Department of Finance and Administration (DFA) will accept and process franchise taxes beginning Jan. 1, 2021. Franchise taxes were previously administered by the Arkansas Secretary of State’s Office,…
by - November 11, 2020 1:57 pm
BSR Real Estate Investment Trust posted a third quarter profit on Tuesday (Nov. 10), while announcing it had sold six apartment properties including four in the Little Rock metro. The…
by - November 10, 2020 6:18 pm
Despite a prolonged national recession, higher than usual jobless numbers, and the still raging COVID-19 pandemic, the sales tax growth in Jonesboro and Craighead County remains robust. The city and…
by - November 5, 2020 1:45 pm
According to the most recent data from the U.S. Federal Reserve Bank’s Eighth District, Arkansas banks had a collective loan-loss ratio of 1.58% in the second quarter this year, a…
by - November 1, 2020 7:53 am
Americans will have decided who they want leading the nation and the policy directions they want the government to pursue for the next four years by Nov. 3. That decision…
by - October 31, 2020 10:26 am
Brett Goode is back in Northwest Arkansas, but he’s traded in a career filled with footballs for a second one filled with finance. The retired Super Bowl champion and former…
by - October 30, 2020 12:50 pm
G&G Independent Insurance, with offices in Fayetteville and Bentonville, has acquired Little Rock-based agency Arkansas Insurance Advisors (AIA). Financial terms of the deal were not disclosed. The two sides completed…
by - October 29, 2020 10:14 am
Former Tyson Foods Inc. director Susan Upchurch is the new chief financial officer at Springdale-based nonprofit Excellerate Foundation. “Susan brings decades of experience across a wide set of finance disciplines,…
by - October 29, 2020 7:18 am
Gamble Land Company and Math Investments LLC made the most significant residential and commercial property transfer in Craighead County Sept. 15 through Oct. 15, according to the Craighead County Assessor’s…
