Arvest Bank

Headquarters

75 North East Street
Fayetteville, AR 72701
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 5.50% →
1-Year CD N.A. 5.25% →
2-Year CD N.A. 4.50% →
5-Year CD N.A. 4.00% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Bank Information

Arvest Bank is an FDIC insured institution located in Fayetteville, AR. It was founded in 1871 and has approximately $26.28 billion in assets. Customers can open an account at one of its 277 branches.

FDIC Insured Yes
FDIC Certificate # 8728
Date Established 1871
Assets $ 26.28 billion
Loans $ 17.41 billion
Deposits $ 22.98 billion
Capital $ 1,918.48 million
 

For a more detailed analysis of Arvest Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 4, 2024

Your Current Location: Virginia, VA 20146

Checking Rates APY MIN FEE
Preferred Club 0.10% $20,000 $18.00 Learn MoreShow Less
Free Blue Checking 0.00% $0 $0.00 Learn MoreShow Less
Arvest Club 0.00% $0 $12.00 Learn MoreShow Less
Basic Blue 0.00% $0 $3.00 Learn MoreShow Less
myBlue 0.00% $0 $6.00 Learn MoreShow Less

Loan Rates - October 4, 2024

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Arvest Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Monthly
Payment
Learn More
Foundation Home Loans, LLC
NMLS ID: 2559614
License#: MC-7844
5.871% 5.750%
1.00 points
$4,284 fees
$1,868 Learn More
PenFed Credit Union
NMLS ID: 401822
6.163% 6.000%
0.75 points
$5,600 fees
$1,919 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.219% 6.125%
0.75 points
$3,206 fees
$1,945 Learn More
First Citizens Bank
NMLS ID: 503941
6.327% 6.250%
0.75 points
$2,595 fees
$1,971 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$0 Learn More
More Info

Note to Arvest Bank
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Branches

Arvest Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia



Climate Policy and Initiatives

Arvest Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.


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Financial Details

Arvest Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Arvest Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Arvest Bank U.S. Bank Average
6.6% 4.48%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2024, Arvest Bank had $129,347,000 in non-current loans and $9,248,000 in owned real estate. To cover these potential losses it had $1,918,477,000 in equity and $182,161,000 in loans loss reserves. That gives it a Texas Ratio of 6.6%.

Return on Equity
Arvest Bank U.S. Bank Average
3.84% 10.46%

Arvest Bank has a Return on Equity of 3.84% versus the BestCashCow average of 10.46%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Arvest Bank U.S. Bank Average
7.3% 10.84%

Arvest Bank has a Capitalization of 7.3% versus the BestCashCow average of 10.84. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Arvest Bank Balance Sheet Analysis

As of June 30, 2024, Arvest Bank had assets of $26,282,979,000, loans of $17,405,074,000, and deposits of $22,978,268,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2024
ASSETS
Cash & Balances due from depository institutions $ 433.60 million
Interest-bearing balances $ 109.26 million
Total securities $ 6.18 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 17.41 billion
Loan loss allowance $ 182.16 million
Trading account assets $ 24.48 million
Bank premises and fixed assets N.A.
Other real estate owned $ 9.25 million
Goodwill and other intangibles $ 855.25 million
All other assets $ 681.46 million
     Total Assets $ 24.36 billion
LIABILITIES
Total deposits $ 22.98 billion
      Interest-bearing deposits $ 15.32 billion
      Deposits held in domestic offices $ 22.98 billion
      % insured (estimated) 75.00%
Federal funds purchased and repurchase agreements $ 386.45 million
Trading liabilities $ 103.16 million
Other borrowed funds $ 275.44 million
Subordinated debt N.A.
All other liabilities $ 392.83 million
      Total Liabilities $ 24.36 billion
      Shareholders’ Equity $ 1,918.48 million

Summary Income Statement

June 30, 2024
INCOME AND EXPENSES
Total Interest Income $ 631.52 million
Total Interest Expense $ 206.09 million
Net interest income $ 425.44 million
Provision for loan and lease losses $ 41.40 million
Total non interest income $ 275.91 million
Total non interest expense $ 611.65 million
Pre-tax Net Operating Income $ 103.54 million

Bank Loan Profile?

The top three loan types in Arvest Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks in Arkansas, Arvest Bank has a significantly higher percent of Credit Card Loans, Consumer Auto Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 24.45
Multifamily
Mortgages
2.88
Credit Card Loans 1.01
Consumer Auto Loans 4.68
Small Business Loans 4.51
Construction and Development Loans 5.82
Commercial Real Estate 17.59
Commercial and Industrial Loans 15.99
Farm Loans 0.96

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