Banking & Finance

Simmons, Home BancShares Set To Vault Into $10B Club

Simmons, Home BancShares Set To Vault Into $10B Club

Arkansas membership in the $10 billion bank club should double by the end of September. Home BancShares Inc. and Simmons First National Corp. have two pending acquisitions that will help take them beyond $10 billion to join Arvest Bank Group Inc. and Bank of the Ozarks Inc.
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Election Effect Boosts Arkansas Banks

Simmons First National Corp. and Home BancShares Inc. were among those companies enjoying sizable stock price bumps during the past two months.
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Relyance, Citizens Banks Plan Hot Springs Branches

Relyance Bank of Pine Bluff and Citizens Bank of Batesville are the first two buyers in a new light commercial development on the southeast side of Hot Springs, developer Ross Whipple confirmed last week.
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Bank of the Ozarks Posts Record 4Q, Yearly Net Income

Bank of the Ozarks Inc. on Tuesday announced record fourth quarter net income of $87.8 million, a 71 percent increase from quarterly net income of $51.5 million a year ago. read more >

SPONSORED: Four Essential Team Members Every New Business Needs

Forming the proper team and doing your research are vital to getting a new business off the ground. Here are the four teammates you have to recruit first. read more >

Simmons First Names Jerry Hunter, Mindy West to Board

Simmons First National Corp. of Pine Bluff announced Friday the addition of Jerry M. Hunter of St. Louis, Missouri, and Mindy West of El Dorado to its board of directors. read more >

Madeline Kurrus Moore Returns To Arvest HR

Madeline Kurrus Moore has been hired as human resources manager for Arvest Bank's central Arkansas market. read more >

Are 401(k) Costs Fair? Firms Can Analyze Fees

The suspicion that one's 401(k) plan might be costing more in fees than necessary has taken root in the American consciousness. read more >

American Household Debt Rises in 2016

Total household debt in the United States rose by $63 billion to $12.35 trillion, a 0.5 percent increase, during the third quarter of 2016 compared with second-quarter 2016. That's according to the Federal Reserve Bank of New York, which issued its latest “Quarterly Report on Household Debt & Credit” Nov. 30. read more >

Simmons First Eyes Downtown Acxiom Building in Little Rock

If Simmons First National Corp. moves forward with an acquisition, it would facilitate the consolidation of about 200 staffers scattered around town. read more >

Dale Cole on the Next 20 Years of First Community Bank of Batesville

Dale Cole is the chairman and CEO of First Community Bank of Batesville, a $1.1 billion-asset lender with 18 branches in northeast Arkansas and southwest Missouri. read more >

Average US 30-Year Mortgage Rate Falls to 4.12 Percent

Long-term U.S. mortgage rates fell this week, the second week of declines after snapping a nine-week run of increases. read more >

JTS Financial Gets Controlling Interest in EBi

JTS Financial acquires controlling interest in Your Benefits Agency Inc. of Little Rock, which provides insurance to the state education sector, including school districts. read more >

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