Banking & Finance Archive

As Mergers Continue, Home BancShares Sees 1Q Profit Rise

by Lance Turner 4/20/2017 07:31 am

Home BancShares Inc. of Conway reports first-quarter profit of $46.9 million, up 13 percent from the same quarter last year.

Simmons First 1Q Net Income Down 6 Percent

by Lance Turner 4/19/2017 03:56 pm

Simmons First National Corp. of Pine Bluff reports first-quarter net income of $22.1 million, down 6 percent from the same quarter last year.

Major Changes Coming to How Your Credit Score is Calculated

by Associated Press 4/19/2017 11:04 am

The math behind your credit score is getting an overhaul, with changes big enough that they might alter the behavior of both cautious spenders as well as riskier borrowers.

Report: Commercial Real Estate Absorption Quickens in NWA

by Arkansas Business Staff 4/19/2017 10:01 am

The effects of changing consumer shopping habits are starting to show up in northwest Arkansas commercial real estate trends, according to the latest Arvest Bank Skyline Report on real estate.

Bank of America Profits Jump, Helped by Interest Rates

by Associated Press 4/18/2017 02:00 pm

Bank of America's first quarter profits grew nearly 40 percent, the bank said Tuesday, helped by higher interest rates as well as a strong performance in its investment banking division.

Wells Fargo Scandal Weighs Heavily on Other Big Banks

by Associated Press 4/18/2017 01:55 pm

It's the topic the banking industry can't avoid, even when people prefer not to mention it by name: Wells Fargo.

Colvin to Lead Arvest Bank in Conway, Morrilton

by Arkansas Business Staff 4/18/2017 01:34 pm

Richard W. "Skip" Colvin has been named community bank president for Arvest Bank in Conway and Morrilton.

Video: Fitz Hill Talks Transparency in Leadership, Work at Scott Ford Center

by Arkansas Business Staff 4/18/2017 10:55 am

Leaders should tell the truth, be transparent and communicate regularly with stakeholders during a crisis, says Fitz Hill in Part 2 of Arkansas Business' new video series on leadership.

Simmons Bank Names New VP, Assistant General Counsel

by Arkansas Business Staff 4/17/2017 01:20 pm

Simmons Bank of Pine Bluff on Monday named Henry A. “Rusty” Barham III its executive vice president for regulatory and consumer affairs and assistant general counsel.

ArkansasGives Nets $6.1M for Nonprofits

by Arkansas Business Staff 4/17/2017 11:39 am

The Arkansas Community Foundation announces certified results of the ArkansasGives program, a one-day online giving event held on April 6. A total of $6.1 million was collected for more than 930 nonprofits statewide.

Judge Scraps Fake Will of Deepwater Horizon Survivor

by Arkansas Business Staff 4/17/2017 12:00 am

A judge has thrown out the fake will allegedly created by a Camden woman to make sure her daughter got the assets of a Deepwater Horizon survivor who died in an auto accident.

Acxiom Returning to Conway Roots

by Sarah Campbell 4/17/2017 12:00 am

With the sale last month of its Little Rock headquarters, plans to renovate its Conway campus and hopes of expanding its client base, Acxiom Corp. CEO Scott Howe says his company is evolving.

At 20, Arkansas E-Government Draws Cheers

by Kyle Massey 4/17/2017 12:00 am

The public-private partnership that Bob Sanders helped create, Information Network of Arkansas, is celebrating its 20th anniversary and is still setting records.

Medical Clinic Replaces Nichols Furniture After $3M Purchase (Real Deals)

by George Waldon 4/17/2017 12:00 am

PTCOA Shackleford Clinic LLC, led by Dr. Meraj Siddiqui and Dr. Ronald Tilley, bought the Nichols Furniture store at 108 N. Shackleford Road.

US Retail Sales Fell in March, Second Straight Monthly Drop

by Associated Press 4/14/2017 11:00 am

Americans pulled back on their spending at auto dealers and restaurants in March, causing retail sales to drop despite signs of a healthy job market.

Average 30-Year Mortgage Rate Falls to 2017 Low of 4.08 Percent

by Associated Press 4/13/2017 11:33 am

Long-term U.S. mortgage rates fell for a fourth straight week, with the benchmark 30-year rate marking a new low for the year.

SPONSORED: Professional Business Brokers: Do You Need One If You're Looking to Sell?

by 4/13/2017 07:00 am

Intermediaries can create a competitive atmosphere that drives prices and terms.

Bear State Sets Annual Meeting Date, Discloses Salaries

by George Waldon 4/12/2017 11:09 am

The annual filing also disclosed that Bear State Financial Holdings LLC of Little Rock remained the largest shareholder with a 40.28 percent stake worth more than $141 million.

Dickson Named Chairman of Arkansas Bankers Association

by Arkansas Business Staff 4/12/2017 11:04 am

Dave Dickson was installed Tuesday as the 2017-18 chairman of the Arkansas Bankers Association at the group's 127th annual convention in Little Rock.

Bank of the Ozarks Posts Record 1Q Net Income

by Lance Turner 4/11/2017 06:56 am

Bank of the Ozarks Inc. of Little Rock says net income for the first quarter was a record $89.2 million, up 73 percent from the same quarter last year.

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