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The public pulse: bank holding companies hold their own among state's public companies.

Bank holding companies dominated the net-earnings-per-share category in Arkansas Business' most recent quarterly survey.

Simmons First National Corp. of Pine Bluff led the way with earnings of $1.14 per share.

First United Bancshares Inc. of El Dorado was third with earnings of 98 cents per share.

Little Rock's First Commercial Corp., which led the state during the last reporting period with earnings of $1.23 per share, fell to No. 5 in the most recent quarter with earnings of 71 cents per share.

Worthen Banking Corp.'s earnings of 50 cents per share placed the Little Rock-based bank holding company eighth in this quarter's rankings.

Dillard Department Stores Inc. of Little Rock was second in earnings per share for the second quarter in a row.

Six Arkansas-based public companies reported losses for the most recent quarter.

The biggest loser was Arkla Inc., which lost more than $32 million for the quarter that ended Sept. 30. It was the second consecutive quarter Arkla posted a loss. The company lost more than $29 million for the quarter that ended June 30.
Net Earnings Per Share ($)
Simmons First National Corp. 1.14
Dillard Department Stores Inc. 1.05
First United Bancshares Inc. 0.98
Murphy Oil Corp. 0.97
First Commercial Corp. 0.71
Alltel Corp. 0.54
Arkansas Freightways Corp. 0.51
Worthen Banking Corp. 0.50
J.B. Hunt Transport 0.41
Services Inc.
Acxiom Corp. 0.40
Cannon Express Inc. 0.35
Wal-Mart Stores Inc. 0.31
Tyson Foods Inc. 0.31
Hudson Foods Inc. 0.28
Baldor Electric Co. 0.28
TCBY Enterprises Inc. 0.18
Southwestern Energy Co. 0.13
Beverly Enterprises Inc. 0.12
Arkla Exploration Co. 0.02
Arkla Inc. |0.29~
Fairfield Communities Inc. |.55~
Environmental Systems Co. |.27~
P.A.M. Transportation |.15~
Services Inc.
JAKO Inc. |.05~

Murphy Oil Corp. of El Dorado, which had the largest loss ($105 million) in the August rankings, moved up to third this reporting period with income of $43.6 million.

Total Quarterly Revenues

Wal-Mart Stores Inc. of Bentonville, Tyson Foods Inc. of Springdale and Dillard's were first, second and third respectively in quarterly revenues.

The lowest quarterly revenues were reported by JAKO Inc. of Jacksonville at $2.9 million, Cannon Express Inc. of Springdale at $7.5 million and P.A.M. Transportation Services Inc. of Tontitown at $16.2 million.

Highest-Priced Stock

Dillard's and Wal-Mart again had the highest stock prices.

Dillard's stock rose from $124.63 per share at the end of May to $125.75 per share at the end of November.

Wal-Mart stock rose slightly from $47.75 per share at the end of April to $48.87 per share at the end of October.
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Title Annotation:Arkansas Business Rankings
Author:Gibson, Carolyn
Publication:Arkansas Business
Date:Dec 9, 1991
Previous Article:East by Northwest: trade committee promotes $1 billion export business in Northwest Arkansas.
Next Article:Dillard and Mr. D: William Dillard, Edward DeBartolo mix friendship with business.

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