Quantcast
Channel: Banking & Finance - ArkansasBusiness.com
Browsing all 4003 articles
Browse latest View live

Home BancShares 3Q Profit Another Record

Greater regulatory costs and expenses associated with a company performance goal weren't enough to keep Home BancShares Inc. of Conway from reporting on Thursday another quarter or record profit.

View Article


Cheryl Schluterman to Lead Arkansas Development Finance Authority

Cheryl Schluterman, vice president for finance and administration at the Arkansas Development Finance Authority, has been named interim president of the ADFA, effective immediately.

View Article


State Unemployment at 3.5 Percent in September, Lowest on Record

Arkansas' unemployment rate declined to 3.5 percent in September, down one-tenth of a percentage point from the previous month, according to a report released Friday by the state Department of...

View Article

Bank OZK 3Q Profit Down 23 Percent

Bank OZK of Little Rock on Thursday reported third-quarter net income of $74.2 million, down about 23 percent from the same quarter last year.

View Article

Nursing Home Quartet Add Up to $15.4M Sale (Real Deals)

Affiliates of Strawberry Fields REIT Ltd. of South Bend, Indiana, bought the four properties from affiliates of Skyline Health Care of Wood-Ridge, New Jersey.

View Article


U.S. Household Debt Reaches $13.29 Trillion

Total household debt in the United States rose to $13.29 trillion in the second quarter of 2018, a 0.6 percent increase from the first quarter. It’s the 16th straight quarter that debt has increased.

View Article

Armor Bank Moves Into Former MNB Branch

Forrest City’s Armor Bank is looking to increase its Little Rock presence by setting up shop in a former Metropolitan National Bank branch.

View Article

Diamond Bank Heads Into Hector

Diamond Bank of Murfreesboro has targeted a bankless community in Pope County for its next expansion.

View Article


Signature Bank Makes Return to Rogers Mix

Fayetteville’s Signature Bank of Arkansas is re-entering the Rogers market with a full-service branch at 3712 S. Pinnacle Hills Parkway.

View Article


Simmons Bank Brings New Deposits to Pine Bluff

Arkansas bank deposits grew by almost $2.5 billion to $66.7 billion in the year that ended June 30. Almost three-quarters of the additional deposits — $1.8 billion — flowed into a single institution.

View Article

Lorrie Trogden Named CEO of Arkansas Bankers Association

Trogden, formerly associate executive director and director of government relations at the Arkansas Bar Association, succeeded William R. “Bill” Holmes.

View Article

Rosalyn M. Anthony Says OCC Stays Charter Member of the Community

From her post at the Office of the Comptroller of the Currency, Rosalyn M. Anthony looks at a trend of dwindling national banks.

View Article

Entrepreneur John James Starts Engine, Raising $4M for E-Commerce Software Firm

Fayetteville entrepreneur John James has raised nearly $4 million for his latest startup, Engine, which sells business management software to e-commerce retailers.

View Article


With Converted Charter, Helena National Plans Name Change, Bigger Territory

Helena National Bank completed the conversion of its national charter to an Arkansas state bank charter on Thursday, and is now officially (and temporarily) known as HNB Bank.

View Article

Schwyhart Creditor Raises Fraud Claim

A renewed debt collection effort against Bill Schwyhart, the once prominent Rogers real estate developer, has followed him to Texas and rekindled the interest of dormant creditors.

View Article


Small Banks Find Niche in Arkansas While Facing Unique Challenges

Bank consolidation nationally is continuing on a similar pace to recent years, but it has been a slower year in Arkansas, especially for the smallest banks.

View Article

Simmons First 3Q Net Income Up 91 Percent

Simmons First National Corp. of Pine Bluff on Monday announced record net income of $55.2 million, up 91 percent from the same quarter last year.

View Article


FIS CEO Talks About the Next 50 Years

Fidelity National Information Services Inc. of Jacksonville, Florida, celebrated its 50-year anniversary this month. But CEO Gary Norcross has an eye to the future and the daunting task of continuing...

View Article

U.S. New-Home Sales Slump for 4th Straight Month

Sales of new U.S. homes plunged 5.5 percent in September, the fourth straight monthly drop as the housing market cools with mortgage rates rising.

View Article

Giving Back Improves Your Business and Your Community (Heather Larkin...

Corporate charitable giving is one way businesses help improve their communities. But companies may not be aware of the substantial benefits corporate giving brings to the business itself.

View Article
Browsing all 4003 articles
Browse latest View live


<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>