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…
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Simmons Bank Releases Second Quarter 2022 Earnings Report
by AMP Staffby AMP StaffSimmons 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…
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Hill-Chandler Named Chief DEI Officer at Southern Bancorp
by AMP Staffby AMP StaffSouthern 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…
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Junior Achievement Announces Dates for Annual Virtual Pitch Competition
by AMP Staffby AMP StaffJunior 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.…
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Real Estate Investor Financing Company Kiavi Expands into Arkansas
by AMP Staffby AMP StaffKiavi, 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…
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BOND.AI Launches Network for Financial Institutions and Employers
by AMP Staffby AMP StaffBOND.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…
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BKD, DHG Wealth Advisors Merge to Form FORVIS
by AMP Staffby AMP StaffBKD 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…
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Financial Literacy Project Teaches Middle Schoolers to Invest in Themselves
by AMP Staffby AMP StaffOn 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…
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Bank of America Raises US Min Hourly Wage to $22; Plans $25 by 2025
by AMP Staffby AMP StaffBank 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…
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Clark Contractors Announces New CFO, Additional Hires
by AMP Staffby AMP StaffClark 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…