2021: A Good Year for Big Private Companies
For most of the businesses on this year’s list of Arkansas’ 75 largest private companies, top-line revenue in 2021 was significantly better than in 2019, before any of us had heard of COVID-19. read more >
For most of the businesses on this year’s list of Arkansas’ 75 largest private companies, top-line revenue in 2021 was significantly better than in 2019, before any of us had heard of COVID-19. read more >
Arvest Bank closes on its previously announced acquisition of Bear State Financial Inc. of Little Rock, the parent company of Bear State Bank. read more >
Randy Dennis, the president of DD&F Consulting, thought Arvest Bank of Fayetteville and Bear State Bank of Little Rock would be a good fit. read more >
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. read more >
A banking and finance resource to help navigate the leadership of the largest Arkansas companies or institutions. read more >
Politics, white-collar crime, banking acquisitions, Turner Grain and more. Arkansas Business recaps the top 10 stories from the year that was 2014. read more >
Eighteen lenders were dismissed from the battle over assets once owned by former Arvest Bank executive Dennis Smiley Jr. read more >
Arvest Bank of Fayetteville has sued to collect more than $467,000 in delinquent debt associated with its former Bentonville market president Dennis Smiley. Arvest’s actions make it the 11th bank to file details of delinquent loan claims associated with Dennis Smiley Jr. The two lawsuits pushes the known claims against Smiley to about $2.5 million. read more >
Arvest Bank says it was unaware of documents purportedly signed by one of its executives that allowed Dennis Smiley to use his stock in an Arvest executive incentive account as loan collateral at First National Bank of Fort Smith. read more >
Of all the Arkansas banks ensnared in the alleged serial loan fraud by Dennis Smiley Jr., First Western Bank of Booneville could be in the best position to recover money from him. read more >
The Bank of Fayetteville sued former banker H. Dennis Smiley Jr. of Rogers on Monday to collect nearly $480,000 owed for defaulted loans. It also named Smiley's former employer, Arvest Bank, as a defendant. Sources have told Arkansas Business that Smiley is facing a criminal investigation into allegations of loan fraud. read more >
Arvest Bank of Fayetteville says Craig Rivaldo, president and CEO of Arvest Bank of Fort Smith, has been named the president and CEO of Arvest Bank of Benton County effective May 1. Rivaldo replaces H. Dennis Smiley Jr., who resigned from the post last month. Rivaldo began his career with Arvest as a trainee with McIlory Bank in Fayetteville in 1987. read more >
Arvest Bank tells the Benton County Circuit Court that it’s holding nearly $552,000 in stock option proceeds and stock plan checks to H. Dennis Smiley Jr., a former bank executive who’s under a federal criminal investigation for bank fraud. read more >
Arvest Bank branches on McCain Boulevard in North Little Rock and West Markham Street in Little Rock will be closed, with their operations being moved to former branches of National Bank of Arkansas that Arvest acquired in December. read more >
Arvest Bank says Virgil Miller, most recently Community Reinvestment Act director for Metropolitan National Bank of Little Rock, has joined Arvest as its CRA director. read more >
Arkansas settles into the partial government shutdown, USA Truck has a target on its back, Arvest adds to its central Arkansas footprint, and Wal-Mart bulks up online operations ahead of the holidays -- all in this week's Arkansas Business/THV 11 News "Week in Review." read more >
Arvest Bank, the Walton-owned bank company based in Arkansas, has purchased the naming rights to an historic downtown theater in Kansas City, as it continues to raise its prominence there. read more >
On THV 11 News This Morning on Tuesday, Bob Birch of Home BancShares said the Home BancShares deal to buy Liberty Bank was the fourth-biggest interstate bank deal Arkansas has seen. Here's the three deals at that are bigger. read more >
Now in his 16th year as president and CEO of Arvest Bank, Kevin Sabin has seen Arvest Bank become the largest bank in ARkansas with assets exceeding $11 billion. read more >
The top five largest employers in Arkansas have seen some bumps since last year, but they remain in the same order. Four of the top five saw increases in employment during 2012. read more >
