Arvest Bank has the strongest brokerage unit in the southwest, according to one industry benchmark.
The Bentonville, Ark.-based bank generated $25 million in brokerage revenue last year, beating 133 banks in the region, according to a report from Michael White Associates, a consulting and research firm based in Radnor, Pa. Banks in the southwest-defined in the report as Arkansas, Arizona, Louisiana, New Mexico Oklahoma and Texas-produced $814,000 on average.
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