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.
View ArticleShortage 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...
View ArticleU.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.
View ArticleFehlman 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.
View ArticleNew 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.
View ArticleBank 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...
View ArticleAdjoining 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.
View ArticleSmithson 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.
View ArticleAirports 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.
View ArticleEven 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...
View ArticleSPONSORED: 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...
View ArticleReport 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.
View ArticleFarmers 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.
View ArticleFed 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.
View ArticleRecovery 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.
View ArticleLegacy National to Merge with Gravette Subsidiary
Legacy National Bank in Springdale will combine its business operations with the Bank of Gravette next month.
View ArticleArvest Names Brooks Davis to Lead Conway, Morrilton Markets
Arvest names Brooks Davis community bank president of its Conway and Morrilton markets.
View ArticleMitchell Gets Early Start as Citizens CEO (Movers & Shakers)
Adam Mitchell’s promotion to chief executive officer of Citizens Bank in Batesville was effective April 1, three months earlier than originally announced.
View ArticleTrust But Verify (Gwen Moritz Editor's Note)
Misplaced trust is a common theme in the fraud cases I’ve observed over the past two decades, as is the failure to make simple, routine checks.
View ArticleLittle Rock Corporate Center Headlines $5.1M Sale (Real Deals)
The mixed-use Little Rock Corporate Center in south Little Rock and the Martin Brower Co. warehouse in North Little Rock were both bought by companies led by Justin Muller and Drew Holbert.
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