by - October 22, 2020 4:11 pm
Little Rock-based Bank OZK posted third quarter net income of $109.253 million, better than last year’s third quarter profit of $103.891 million, with income and revenue also beating market expectations….
by - October 22, 2020 1:37 pm
Northwest Arkansas bank customers put away more than $3 billion of additional deposits in the spring, reflecting record-high federal stimulus funds to combat the economic fallout of COVID-19. According to…
by - October 21, 2020 10:52 am
Arvest Bank announced Wednesday (Oct. 21) that president and CEO Kevin Sabin has been elected to the American Bankers Association (ABA) board of directors. Sabin was put up for nomination…
by - October 19, 2020 1:22 pm
Natural Capital, an Arkansas-based private investment firm, announced the closure of the Natural Capital Fund I, LP with combined commitments of $41.25 million. The fund’s investor base is comprised completely of…
by - October 19, 2020 1:11 pm
Pine Bluff-based Simmons First National Corp. posted third quarter net income of $65.9 million, down from the $81.8 million in the same period of 2019. Revenue during the quarter was…
by - October 17, 2020 7:30 pm
Little Rock-based Windstream Holdings named Drew Smith as treasurer on Friday (Oct. 16). The appointment is effective immediately. Smith previously served as assistant treasurer for the company. As senior vice…
by - October 15, 2020 12:03 pm
Conway-based Home BancShares, the parent company of Centennial Bank, posted third quarter net income of $69.3 million, down 4.8% from the same quarter in 2019. Part of the decline was…
by - October 13, 2020 11:28 am
Katie Lejong, member of accounting firm Landmark PLC, leads an internal task force that’s guided clients on multiple aspects to the Coronavirus Aid, Relief and Economic Security (CARES) Act. Landmark,…
by - October 12, 2020 7:36 am
Benjamin Franklin is credited to stating “nothing in this world can be said to be certain, except death and taxes.” However, you only die once. You face taxes every day….
by - October 7, 2020 3:20 pm
NewRoad Capital Partners of Rogers, the state’s largest private equity fund, has closed its third fund at $176 million, according to a Wednesday (Oct. 7) news release, raising assets under…
by - October 6, 2020 7:15 am
Armor Bank and Stuttgart-based Farmers and Merchants Bank have announced that a definitive agreement has been signed for Armor Bank to purchase the Marianna branch of Farmers and Merchants Bank…
by - October 5, 2020 4:36 pm
Simmons Bank gifted $1 million to support the construction of the new Dr. Josetta Wilkins Jefferson County Health Unit and the Sergeant Elga Lee Roberts Jefferson County Veteran’s Services Office…
by - October 4, 2020 11:00 am
The pandemic has impacted many financial sectors since the partial shutdowns at the state level began in mid-March. Unemployment rates have skyrocketed, wages have been down, and profits in certain…
by - September 29, 2020 1:32 pm
Arkansas has experienced a significant increase in the number of coronavirus cases during recent weeks and Bank of America has increased its PPE and financial contributions to several partner organizations…
by - September 27, 2020 10:32 am
Citizens Bank CEO Phil Baldwin will cap off an illustrious career in 2021 as he has guided the Batesville-based financial institution past the $1 billion mark. Baldwin, CEO since 2013,…
by - September 25, 2020 8:36 pm
Little Rock-based Encore Bank announced Friday (Sept. 24) it has expanded into the Dallas-Fort Worth market and hired two experienced veteran bankers as executive vice presidents to oversee operations. Marc…
by - September 25, 2020 7:40 pm
Little Rock-based BSR Real Estate Investment Trust has acquired Aura Castle Hills Apartments in Lewisville, Texas for $51.8 million. Aura Castle is a 276-suite, garden style residential apartment complex in…
by - September 25, 2020 1:18 pm
Economic activity is expected to show “outsized growth” in the third quarter, and a “full recovery” in the U.S. economy is possible by the end of 2020, said James Bullard,…
by - September 24, 2020 4:13 pm
Consumers have been spending at a record pace in Jonesboro. Northeast Arkansas’ largest city reported $1.754 million in city sales and use tax in the September report, obliterating the previous…
by - September 24, 2020 11:00 am
The National Cannabis Industry Association (NCIA) named Dan Roda, CEO of North Little Rock-based cannabis financial technology firm Abaca, to its Hemp Committee. The mission of the committee is to…
