Home BancShares Inc.
Vilonia Businessman’s $400K Legal Battle Unfolds Amid Fraud Allegations
Ryan Saddler sues his former attorney Shane Henry, alleging fraud, malpractice, and unethical conduct over a $400,000 consent judgment and mismanagement of company finances. read more >
by George Waldon -
Home BancShares’ Q2 Income Slides on Special Assessment, Credit Concerns
Net income was $101.5 million, down 3.6% from a year ago. Still, the results topped Wall Street expectations. read more >
What’s Missing? (Gwen Moritz Editor’s Note)
What’s missing from a news story can be hard to spot but exceedingly telling. read more >
by Gwen Moritz -
Commercial Real Estate Resilience: Lenders Foresee Falling Rates
Bankers argue against the “commercial real estate doom loop” scenario that some experts have predicted. read more >
by Kyle Massey -
Execs’ Personal Use of Company Planes on the Rise
John Tyson’s use of Tyson Foods Inc.’s corporate jet for personal travel cost the Springdale protein producer $1.4 million in its fiscal year that end read more >
by Mark Friedman -
Ex-Happy State Bank Staffers Fire Back at Centennial’s Claims
Their March 3 complaint in Lubbock federal court alludes to damning forensic information that Centennial says documents their alleged theft of confidential material as they left Happy to join a competitor. read more >
by George Waldon -
Despite Challenges, Home BancShares Still Happy with Foray Into Texas
In September 2021, Home BancShares announced they were acquiring Happy Bancshares of Texas in a $919 million deal. A year and a half later, they have no regrets. read more >
by George Waldon -
What’s Next With Inflation (Lance Turner Editor’s Note)
Nearly eight months into an expensive 2022, here’s where we stand on inflation and what some observers and policymakers think is coming next. read more >
by Lance Turner -
Jonesboro Business Leader Wallace Fowler Dies at 87
Wallace Fowler, the Jonesboro businessman who built and sold multiple banks and led robust KFC and Taco Bell franchises, died Wednesday. He was 87. read more >
Arkansas Eyes Upon Texas Lending
The Lone Star State beckons with bountiful markets, bank opportunities galore. read more >
by George Waldon -
Arvest No. 1 Bank by Assets, But List is Shuffling
A near 10% increase in assets helped push Arvest to the top of Arkansas Business’ annual list of the state’s biggest banks, but more changes are in store as the runners-up prepare to close significant acquisitions. read more >
by Lance Turner -
Arkansas Dealmaking Down 17% in ’21
The number of the biggest deals in Arkansas worth $10 million or more rose to 95, an increase of 12% compared with the 85 big deals in 2020. read more >
by Jan Cottingham -
Home BancShares Hooks $238M in Marine Loans
The company is acquiring the performing marine loan portfolio of LendingClub Bank of Lehi, Utah. read more >
by Lance Turner -
Everything’s Bigger With Texas (Lance Turner Editor’s Note)
It’s well established that Arkansas has more than its fair share of banking talent. And that talent’s been on display throughout the year. read more >
by Lance Turner -
Home BancShares to Acquire Happy Bancshares of Texas in $919M Deal
Home BancShares Inc. of Conway announces a $919 million deal to acquire Happy Bancshares Inc. of Happy, Texas, pushing the parent company of Centennial Bank beyond $23 billion in assets. read more >
Home BancShares Q1 Net Income Beats Expectations
Home BancShares Inc. of Conway reports record first-quarter net income of $91.6 million, up from $507,000 in the same quarter last year. read more >
Home BancShares’ Q4 Beats Earnings Expectations
Home BancShares Inc. of Conway reports fourth-quarter net income of $81.8 million, up 11% from the same quarter last year. read more >
More Face Time in Dallas for Gleason
George Gleason, Bank OZK chairman and CEO, is becoming a Texan, in a transient sort of way. read more >
by George Waldon -
Home BancShares 3Q Earnings Down 5%
Home BancShares Inc. of Conway reports third-quarter net income of $69.3 million, down about 5% from the same quarter last year. read more >
Arkansas Lenders Count the Cost of Grace
Arkansas bankers are wading into the numbers to gauge the health of their loan portfolios after extending an opening round of financial grace to customers. read more >
by George Waldon -