finance

Bank OZK has issued its earnings report for the second quarter of 2022, and included the following highlights: The financial institution’s net income for the quarter was $132.4 million, resulting in a diluted earnings per common share of $1.10, down…

Simmons First National Corporation released results for the second quarter of 2022 on Thursday. Highlights include: A reported net income of $27.5 million for the second quarter of 2022, compared to $65.1 million in the first quarter of 2022 and…

Southern Bancorp recently made a new addition to its leadership team as LaTricia Hill-Chandler has been named the new Chief Diversity, Equity and Inclusion (DEI) Officer, according an official press release from the Arkadelphia-based CDFI. “We are thrilled to welcome…

Junior Achievement of Arkansas, a nonprofit organization dedicated to helping young people get the training and tools they need for economic success, has announced the date of its annual JA Virtual Pitch Competition. The competition will take place on Aug.…

Kiavi, a provider of financing to real estate investors (REIs), recently expanded its products to Arkansas along with Alabama and Wisconsin. Robust capital, competitive rates and flexible financing solutions from Kiavi allow REIs to confidently maximize returns and focus on…

BOND.AI, a human-centered artificial intelligence firm, announced the creation of ‘The BOND Network’ on June 16. The network is a first of its kind of financial institutions and employers for interconnected finance.  The BOND Network will give partners such as…

BKD Wealth Advisors and DHG Wealth Advisors have officially merged to form FORVIS Wealth Advisors, a registered investment advisory firm. The entity will provide service to clients throughout the country under the name FORVIS Private Client.  FORVIS, a Top 10…

On certain Fridays between December and May, students funneled into the library at Dunbar Magnet Middle School in Little Rock to learn about financial literacy. Twenty-four sixth, seventh and eighth-grade students volunteered for a 12-lesson pilot program to learn skills…

Bank of America has raised its U.S. minimum hourly wage to $22 as a next step in the company’s plans to increase to $25 by 2025. In the last five years, Bank of America raised the minimum hourly wage to…

Clark Contractors recently hired three new employees: Chris Shepard, Travis Henry and Daniel Hunt. Shepard was hired in March 2022 as Chief Financial Officer. As CFO, Shepard will manage Clark Contractors’ financial actions, including financial reporting and analysis, strategic planning…