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Armor Bank Hires Greg Gibson to Lead Forrest City Market

He brings nine years of experience as an agricultural lender to the job.

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Worsening Inflation Will Pressure Fed to Keep Raising Rates

Consumer prices, excluding volatile food and energy costs, jumped 6.6% in September from a year ago — the fastest such pace in four decades.

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1 Joins Arvest Bank of Bentonville

David Allen joins Arvest as a treasury management sales adviser.

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Gateway Bank Expands to Benton

The $114 million-asset lender is developing a full-service branch in Benton at 17328 Interstate 30 in the Hickory Square Shopping Center.

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Bank of America Profit Falls as Bank Sets Aside Money for Downturn

BofA put $378 million into its loan-loss reserves this quarter — a similar level to Citigroup and Wells Fargo.

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Regulators Approve US Bank's $8B Purchase of Union Bank

The OCC stipulated in its approval that U.S. Bank must find ways to quickly and easily sell off parts its business in cases of severe economic distress.

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Bank CEOs Increasingly Turning Pessimistic on Economy

Reflecting the dimmer macroeconomic view, Citigroup, Wells Fargo and JPMorgan socked away cash in their loan-loss reserves.

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Arkansas Federal Credit Union Hits $2B in Assets

The milestone that comes after six straight years of record net income

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Home BancShares Reports Record Profit in Q3

"We continue to keep the Company positioned to weather the storm, when and if it hits,” CEO John Allison said.

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Average Long-Term US Mortgage Rates Rise This Week to 6.94%

Last year at this time, the rate was 3.09%.

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IRS Ups Standard Deductions, Tax Brackets Due to Inflation

Some items that were indexed for inflation in the past will remain unchanged, such as the personal exemption, which remains at zero.

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Is Inflation Affecting Travel Points and Miles?

Rewards programs regularly increase award prices, which are the number of points or miles needed to book a hotel night or flight. That practice devalues these currencies over time and renders...

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Growing Credit Risks Hit Bank OZK's Income in Q3

The bank said potential losses from credit risk grew significantly in the period.

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Investment Advisers Caution Patience in Turbulent Market

"These are just blips in the market; they happen," said Ashley Palermo with Stephens Inc.

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3 Promoted at Arkansas Farm Bureau Federation (Movers & Shakers)

Tyler Oxner (pictured), John McMinn and Jake Cartwright move up at AFBF of Little Rock.

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5 Secrets to Maximizing Employee Productivity (Sabrina Starling Commentary)

Build your workforce of top performers by improving hiring and supporting workers you already have.

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What to Do as Recession Looms (Lance Turner Editor's Note)

Some corporate leaders say a recession is coming. Here’s what businesses can do to prepare.

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Trillions Are Riding on 'Silver Tsunami'

Some 70 million aging baby boomers are primed to bequeath the largest aggregation of assets and business interests ever accumulated.

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Cheap Arkansas Power, Fuel for Making Money

Utility customers get a good rate for electricity just by living in Arkansas, but how do you get an even lower rate? Start a business that burns through kilowatts, like steel mills or a crypto mining.

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Naviter Wealth Scouts Expansion to Dallas, Atlanta and Beyond

The Little Rock firm plans to double its assets under management and employee count by the end of 2023.

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