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Canopy Apartments Visited by $16M Sale (Real Deals)

A 240-unit apartment project in west Little Rock tipped the scales at $16.67 million.

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Farmers Bank & Trust Opens Paris Branch

Magnolia’s Farmers Bank & Trust expanded its Texas branch network into Paris.

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Encore Bank Sets Eyes for Texas On 3 Big Cities

Encore Bank’s Texas aspirations stand at three offices and counting. So far, the Little Rock bank has full-service branches in the works for Austin, Fort Worth and Dallas.

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White River Bancshares Q1 Net Income Up 109%

White River Bancshares Co. says net income increased to $1.55 million, up 109% from the same quarter last year.

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Simmons First Q1 Profit Beats Expectations

Simmons First National Corp. of Pine Bluff reports first-quarter profit of $67.4 million, down 13% from the same quarter. But earnings per share and revenue results beat analysts' expectations.

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Shortage Cuts Into Existing Homes Sales, Prices Surge 17%

Sales of previously occupied U.S. homes fell for the second consecutive month in March because there are so few on the market, and the fierce competition for those that do exist are pushing prices to...

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U.S. Average Mortgage Rates Under 3% for First Time Since February

Mortgage rates fell for the third straight week, dipping below 3% for the first time in two months.

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Fehlman As President, COO Among Leadership Changes at Simmons First

Simmons First National Corp. of Pine Bluff announces a list of senior leadership changes that includes naming Bob Fehlman as president and COO of the company and Simmons Bank.

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New Home Sales Surged 20.7% in March to 1.02M

Sales of new homes surged 20.7% in March, rebounding from the previous month when severe winter storms wreaked havoc in many parts of the country.

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Bank OZK Q1 Earnings Beat Expectations

Bank OZK of Little Rock reports first-quarter earnings of $148.4 million, up more than 1,100% from the same quarter last year. The company also beat analysts' expectations for earnings per share and...

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Adjoining Industrial Tallies $10.5M (Real Deals)

The Col. Glenn Corporate Center I & II, a pair of 61,500-SF flex buildings, in west Little Rock weighed in at $10.5 million.

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Smithson Joins Arvest Leadership Tam in Little Rock (Movers & Shakers)

Diana Smithson has been hired as senior vice president and senior private banker at Arvest Bank in Little Rock.

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Airports See Light as Flyers Feel Free to Move About

The state’s two major airports are starting to take flight again after a long year of mostly empty planes and terminals.

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Even As Economy Geats Up, Fed to Stick with Near-Zero Rates

Hiring is accelerating as Americans increasingly venture out to shop, eat at restaurants and travel, and inflation pressures are even picking up after lying dormant for years. But the Federal Reserve...

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SPONSORED: Video: Nick Saban's Tips for Success, in Football and Business

In the eyes of Nick Saban, a seven-time winner of the national college football championship, success in football or business isn't achieved by focusing on the prize but by giving attention to every...

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Report Shows Northwest Arkansas Office Vacancy Unchanged

The commercial real estate market remained strong in Benton and Washington counties in the second of 2020 during the COVID-19 pandemic, according to the latest Arvest Bank Skyline Report.

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Farmers Bank & Trust to Acquire Community First Trust

Farmers Bank & Trust of Magnolia says it will purchase the stock of Community First Trust Co. of Hot Springs, which will continue to operate as an independent trust company.

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Fed Keeps Key Rate Near Zero, Sees Inflation as 'Transitory'

The Federal Reserve is keeping its ultra-low interest rate policies in place, a sign that it wants to see more evidence of a strengthening economic recovery before it would consider easing its support.

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Recovery Shows Momentum As GDP Grows 6.4%

Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably fast recovery from the recession that ripped through the nation last year.

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Legacy National to Merge with Gravette Subsidiary

Legacy National Bank in Springdale will combine its business operations with the Bank of Gravette next month.

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