Evolve Bank & Trust
Evolve Bank & Trust
Overview / Commentary
Evolve Bank & Trust is headquartered in WEST MEMPHIS and is the 14th largest bank in the state of Arkansas. It is also the 704th largest bank in the nation. It was established in 1925 and as of March of 2025, it had grown to 395 employees at 26 locations. Evolve Bank & Trust has an A health rating.
Reviews (2)
Terrible, Borderline Fraudulent Bank
Evolve has essentially stolen millions of dollars from customers through "Synapse Brokerage."
Wow Horrible Business Practices
Could not be worse..unethical customer service is abysmal and I think it might be the worst bank I’ve ever had any contact with
Health
A
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Evolve Bank & Trust has a negative return on equity.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 1299 |
| Year Established | 1925 |
| Employees | 395 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.01% |
| Return on Equity - YTD | -10.63% |
| Annual Interest Income | $19.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $1.6B$1.55B |
| Loans | Q1 2025vs Q1 2024 | $964.5MM$1.04B |
| Deposits | Q1 2025vs Q1 2024 | $1.2B$1.12B |
| Equity Capital | Q1 2025vs Q1 2024 | $160.6MM$158.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $15.5MM$17.1MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $7MM$5.2MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $451K$602K |