Q4 Net Income Up Slightly at Simmons First
by Arkansas Business Staff – 2 days ago
Simmons First National Corp. of Pine Bluff says fourth-quarter net income was $53 million, up 0.5% from $52.7 million in the same quarter last year.
Simmons First National Corp. of Pine Bluff says fourth-quarter net income was $53 million, up 0.5% from $52.7 million in the same quarter last year.
The Senate approves President Joe Biden's nomination of Janet Yellen to be the nation's 78th treasury secretary, making her the first woman to hold the job. Arkansas' Senators, John Boozman and Tom Cotton, voted "nay."
The former CEO of Quapaw House Inc., the troubled Hot Springs drug and alcohol treatment provider that is no longer operating, recently was hit with a $1.2 million default judgment.
Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years. read more >
The Federal Reserve pledged on Wednesday to keep its low interest rate policies in place even well after the economy has sustained a recovery from the viral pandemic. read more >
Arkansas' seasonally adjusted unemployment rate was 4.2% in December, down from 6.3% in November, the state Department of Workforce Services reported Tuesday. read more >
A 16,055-SF combination David's Burgers and bank branch in west Little Rock tipped the scales at $2.75 million. read more >
Simmons Bank of Pine Bluff is making moves to modify its branch network in two prominent cities in Texas and Tennessee. read more >
The expansion of Forrest City's Armor Bank into neighboring Lee County will be the product of a transaction totaling more than $3.5 million. read more >
James Bell has joined the Greater Bentonville Area Chamber of Commerce as vice president of economic development, entrepreneurship and innovation. read more >
Jake Shapiro has joined Bank OZK of Little Rock as managing director of digital banking. read more >
Bank OZK of Little Rock reports fourth-quarter earnings of $120.5 million, up 19.5% from the same quarter last year. read more >
The Soirée Women's Leadership Symposium returns Thursday, April 29, with Zuckerberg Media CEO Randi Zuckerberg as a keynote speaker. read more >
The Paycheck Protection Program (PPP) has been extended and expanded to provide more funding for first-time borrowers and to allow some existing borrowers the opportunity to receive additional help. read more >
Home BancShares Inc. of Conway reports fourth-quarter net income of $81.8 million, up 11% from the same quarter last year. read more >
Simmons Bank announced Thursday its plans to construct a second bank branch in White Hall on a recently acquired 2.24 acres at the northeast corner of Robin Road and Sheridan Road. read more >
Southern Bancorp Inc. of Arkadelphia says it will acquire DeWitt First Bankshares Corp. and its wholly owned subsidiary, Arkansas County Bank. read more >
Walmart Inc. of Bentonville and Western Union of Denver announce an agreement that will enable Western Union money transfer services at Walmart stores across the U.S. read more >
Former presidential candidate and Forbes Media Chairman Steve Forbes spoke about federal pandemic aid, the need for fewer restrictions on it, business survival and market futures last week as part of a new webcast series presented by Arkansas Business. read more >
Former Craighead County Clerk Jacob “Kade” Holliday now is scheduled to be tried in federal court on Oct. 18. read more >
When the COVID-19 pandemic hit, city officials in Arkansas worried, among many possible effects, how the virus might derail the building permit process. It turns out that they worried unnecessarily. read more >
The surprise tandem that made home sales especially memorable for residential realty companies last year made 2020 equally unforgettable for mortgage lenders. read more >
Simmons Bank of Pine Bluff has accused former employees of taking customer and proprietary bank information when they left to work for Encore Bank of Little Rock. read more >
The Deloitte Center for Financial Services is forecasting that the average return on equity in the U.S. banking industry could drop to 5.6% in 2020 but then recover to 11.7% in 2022. read more >
Without money from the second round of the Paycheck Protection Program, Dr. Scott Winston of Sheridan doesn't know if his independent primary care practice will stay open. read more >
Scott Todd has joined First Community Bank in Batesville as vice president of secondary mortgage production and sales manager. read more >
Apex Towne Country LLC of Lakewood, New Jersey, purchased the renamed Summit at Town & Country project at 7700 Chicot Road from The Oaks Apartments Ltd., an affiliate of the Zieben Group in Houston, Texas. read more >
Rod Beckham, the mortgage division president of First Financial Bank of El Dorado, says the residential real estate market is hot. read more >
The second $284 billion Paycheck Protection Program, which will offer more forgivable loans designed to soften job losses from the pandemic, began accepting applications from businesses today. read more >
Aaron Gamewell, chairman and CEO of SBS CyberSecurity, passed away Wednesday in his hometown of Little Rock following his battle with cancer. read more >
Simmons Bank has tapped Shelly Arnold to direct and lead its Private Client Group. read more >
Corporations and industry groups have donated at least $170 million in recent years to Republicans who rejected President-elect Joe Biden's victory over President Donald Trump, according to a new report by a government watchdog group. read more >
Walmart announced Monday the creation of a new fintech startup designed to develop and offer “modern, innovative and affordable financial solutions.” read more >
