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 ended in Oct. 1. read more >
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 ended in Oct. 1. read more >
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 >
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 >
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 >
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 >
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 >
The Lone Star State beckons with bountiful markets, bank opportunities galore. read more >
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 >
The company is acquiring the performing marine loan portfolio of LendingClub Bank of Lehi, Utah. read more >
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 >
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 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 Inc. of Conway reports fourth-quarter net income of $81.8 million, up 11% from the same quarter last year. read more >
George Gleason, Bank OZK chairman and CEO, is becoming a Texan, in a transient sort of way. read more >
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 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 >
Home BancShares Inc. of Conway reports what it calls the best quarter in its 20-year history, recording record revenue and net interest income while net income fell 13%. read more >
Several changes at Conway’s Home BancShares Inc. followed a rumble of dissatisfaction from shareholders at its annual meeting on April 16. read more >
Simmons First National Corp. of Pine Bluff, the holding company for Simmons Bank, reports first-quarter net income of $77.2 million, up more than 60 percent from the same period last year. read more >
Arkansas banks had approved approximately 15,000 loans worth more than $2 billion as part of the federal Paycheck Protection Program as of Tuesday, the Arkansas Bankers Association announced. read more >
