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

Stone Bank Promotes Cara Lank, Latrecia Branch

Cara Lank, senior vice president and credit officer at Stone Bank, has been promoted to chief credit officer, and Latrecia Branch has been promoted to senior vice president and operations manager.

View Article


Michael Hoggard Moves Up at Citizens Bank (Movers & Shakers)

Michael Hoggard has been promoted to vice president-controller and information security officer of Citizens Bank in Batesville. Sandy Starnes has also been promoted, to director of marketing.

View Article


Telcoe's Sarah Mosley Gives Cooperatives Credit Where Due

Sarah Mosley, the president and CEO of Telcoe Federal Credit Union in Little Rock, says credit unions’ focus is on the local community.

View Article

First Financial Expands Its Capital

El Dorado’s First Financial Banc Corp. recently launched a $25 million capital raise, an 18.5% boost to its current equity capital of $134.6 million.

View Article

Chambers' River Town Transaction Tops $17M

The $17 million cash deal for the parent company of Dardanelle’s River Town Bank is expected to close by the end of July.

View Article


River Pointe Apartments Attracts $40M Transaction (Real Deals)

An affiliate of Hamilton Point Investments purchased the 384-unit apartment project in North Little Rock from Riverpointe Development LLC, led by Keith Richardson.

View Article

Number of Community Banks Drops Sharply

The number of banks in the United States fell by almost 50% during the last 20 years, from about 10,700 in 1997 to about 5,600 in 2017, with the vast majority of the decline, 97%, accounted for by...

View Article

Overdraft Fees Provide Steady Cash Stream

Protecting customers from overdrafts, a standard service provided by most banks and credit unions, can also be a lucrative revenue stream.

View Article


Signature Move Takes Stock Public

Six months ago, White River Bancshares entered the realm of publicly traded companies with little fanfare. The corporate transition of the parent company of Fayetteville’s Signature Bank of Arkansas...

View Article


Simmons Bank Names Alejandro Carriles Chief Digital Officer

Simmons Bank names Alejandro "Alex" Carriles executive vice president and chief digital officer.

View Article

Home BancShares' 2Q Net Income Falls 5%

Home BancShares Inc. of Conway reports second-quarter net income of $72.2 million, up about 5 percent from $76.0 million in the same quarter last year.

View Article

ABC Financial Names Bill Davis CEO, Announces New Leadership Team

Health and fitness technology services provider ABC Financial Services LLC announced Thursday a series of leadership appointments, including naming President Bill Davis its CEO.

View Article

Arkansas Unemployment Drops to 3.5%, A New Record Low

Arkansas' unemployment rate dropped by one-tenth of a percentage point in June, to 3.5% from 3.6% in May.

View Article


Future KATV Studio Buy Tunes In at $4.3M (Real Deals)

KATV LLC, an affiliate of Sinclair Broadcast Group Inc. of Cockeysville, Maryland, purchased the 2-acre 10 Turtle Creek Lane development and an adjoining undeveloped 1.81-acre parcel.

View Article

Arkansas to Get $2.5M in Equifax Breach Settlement

Arkansas is receiving $2.5 million as part of a settlement with the credit reporting agency Equifax over a 2017 data breach that exposed the Social Security numbers and other private information of...

View Article


Simmons Improves Earnings Despite Acquisition Expense

The Pine Bluff banking holding company earned $55.6 million in the second quarter, a 3.8% improvement over the same quarter in 2018 despite nearly $10 million in one-time expenses.

View Article

US New Home Sales Rise 7% in June After 2 Months of Decline

U.S. new home sales rose at a modest pace in June but remained below sales levels earlier this year, suggesting low mortgage rates and a healthy job market aren't encouraging many more purchases.

View Article


Recent Real Estate Deals Total $1.5M

H.E. Austin Jr. and Wrenetta Austin of Little Rock bought the 8,270-SF Austin Brothers Tire Service at 2801 Cantrell Road in Little Rock for $750,000.

View Article

US Economy Dodges the Threat of Painful Spending Cuts

The budget agreement that congressional leaders and President Donald Trump forged late Monday lifted a big potential drag on the U.S. economy for this year and next.

View Article

Home Sales Fall 1.7% with Prices High and Supply Low

U.S. home sales tumbled 1.7% in June, with rising prices and a scarce supply locking out many Americans from ownership.

View Article
Browsing all 4003 articles
Browse latest View live


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