Bank OZK
Bank OZK Tops Arkansas Banks in Financial Efficiency for 2024
Bank OZK set the pace for financial efficiency among Arkansas banks in 2024, spending just 33 cents per dollar of revenue while maintaining strong returns on equity. read more >
by George Waldon -
Bank OZK Ends Record Run but Beats Wall Street Expectations in Q1
Along with quarterly results, the Little Rock-based lender reported repurchasing $34.5 million worth of its stock, or 900,000 shares. read more >
DD&F’s Matt Reddin on Challenges & Regulations in Community Banking
Matt Reddin of DD&F Consulting urges community banks to focus on deposits, capital, and talent while pushing for tailored regulations to support growth and new bank formation. read more >
Pulaski County’s Most Expensive Home Sales of 2024
For the second consecutive year, all of the top 10 homes sold for $2 million or more. read more >
by Mark Friedman -
FNBC Debt Offering Tops $7.2M
Ash Flat-based FNBC Bancorp Inc. completed its second $7.25 million subordinated debt offering late last year, following a similar 2019 raise that bolstered its bank’s capital. read more >
by George Waldon -
Encore Bank, UAMS, AEDC Announce New Leadership & Promotions (Movers & Shakers)
Notable moves include Amy Brown joining Washington Regional and Eric Movassaghi stepping into the CFO role at Encore Bank. read more >
First Community Bank, Bank OZK Expand Footprints
First Community Bank is expanding in Harrison with a second full-service branch, while Bank OZK is growing its presence in Tennessee and Florida with multiple new locations. read more >
by George Waldon -
Bank OZK Grows Its Texas Branches
Bank OZK's rapid Texas expansion brings nine new branches to competitive markets like Dallas, Houston and Austin, setting the stage for growth in the Lone Star State. read more >
by George Waldon -
Pleasant Duo Teams For $31.7M Sale (Real Deals)
The sales of two apartment projects in west Little Rock combined for a $31.7 million deal. read more >
by George Waldon -
Encore Bank & Bank of England Up And Down in 2024
Encore Bank sees modest gains, Bank of England struggles with losses, and Bank OZK expands its southeastern footprint with new branches in Georgia and Florida. read more >
by George Waldon -
2 Join the Board of the Little Rock Technology Park (Movers & Shakers)
Brian Berry is vice provost of research and dean of the graduate school at University of Arkansas at Little Rock, and Eric Peterson is interim president of BioVentures at the University of Arkansas for Medical Sciences of Little Rock. read more >
Bank OZK Income Rises 4% in Q3, Extending Streak of Record Profits
Earnings per share and revenue topped Wall Street expectations. read more >
The Decline of Stock Options: Trends in Executive Compensation in Arkansas
Just eight executives out of 88 on Arkansas Business’ list of public company executives exercised stock options. Performance-based awards have become the most popular compensation benefit used by most companies. read more >
by Mark Friedman -
Bank OZK Continues Streak of Record Quarterly Profits, Announces $200M Stock Buyback
Net income was $177.5 million, up 3.3% from a year ago. Earnings per share topped Wall Street expectations. read more >
Red Ink Follows 2 Banks Into 2024
Little Rock’s Encore Bank posted a $1.6 million loss in the first quarter, while Bank of England recorded a $1.5 million loss. read more >
by George Waldon -
Markham House Suites Surpasses $3.5M (Real Deals)
Titan General Contractors LLC purchased the 72-room hotel in the Hillcrest area of Little Rock for $3.55 million. read more >
by George Waldon -
Small Banks, Small Commercial Loans
A deeper look at this week's business list: Small Commercial Lending by Arkansas Banks read more >
by Gwen Moritz -
Consolidation: 2 Banks Form $246M Lender
Sister banks owned by Smith Associated Banking Corp. of Hot Springs are merging operations to create a $246 million-asset lender. read more >
by George Waldon -
2 Hired at Cromwell Architects Engineers (Movers & Shakers)
Brian Anderson & Jacinda “JJ” Isbell were announced as new hires. read more >
Banking on Opportunity: How Arkansas Institutions Saw Growth During the Great Recession
The global financial crisis that touched off the Great Recession of 2007-09 crushed hundreds of banks nationwide, but it rewarded a handful of well-capitalized Arkansas banks looking to grow. read more >
by Kyle Massey -
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