Finance

Investment Banker Salary in Arkansas (2026)

The average Investment Banker in Arkansas earns around $380,000/year. After taxes, your estimated take-home is $250,568/year ($20,881/month).

Take-Home Pay Breakdown

CategoryAmount
Annual Take-Home Pay
$250,568
Monthly Take-Home Pay
$20,881
Biweekly Take-Home Pay
$9,637
Hourly Take-Home Pay

based on 2,080 hrs/year

$120/hr
Federal Tax
$96,134
State Tax
$14,729
FICA Taxes
$18,569
Effective Tax Rate

total taxes ÷ gross salary

34.06%
Estimates only — not tax advice. · Full disclaimer →

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Investment Banker Salary Ranges in Arkansas

Entry Level (0–3 yrs)

$200,000

/year

See tax breakdown →

Mid Level (3–7 yrs)

$380,000

/year

See tax breakdown →

Senior Level (7+ yrs)

$1,500,000

/year

See tax breakdown →

Not all Investment Bankers earn the same — not even close

Arkansas's investment banking market is anchored by Stephens Inc. HQ Little Rock (one of the country's largest US private investment banks + the substantial AR-HQ middle-market M&A advisory + public finance + asset management + private wealth firm founded 1933 + ~$700M+ annual revenue + ~1,000 employees + offices across the Southeast + Midwest), Crews & Associates Little Rock (regional muni bond underwriter), Raymond James AR + Stifel AR Bentonville + Little Rock offices, the substantial Walmart supplier ecosystem M&A activity (~1,200+ Walmart supplier offices supporting substantial CPG + retail M&A advisory work in NW Arkansas), Bank OZK Little Rock corporate banking + middle-market, plus UA Walton + UA Little Rock MBA pipelines + national MBA AR-relocation candidates.

Managing Director (Stephens Inc. / Bank OZK)

$425,000–$1,200,000+

MD at Stephens Inc. Little Rock M&A + Bank OZK corp finance · book of business + tenure

Director / Principal (Energy / Retail)

$265,000–$485,000+ TC

Stephens Inc. Director · retail + protein + transports sector M&A · bonus + carry

VP (Stephens Inc. / Sector Coverage)

$175,000–$315,000+ TC

VP at Stephens Inc. · retail + Walmart supplier + protein + trucking sector M&A

VP (Public Finance / Muni)

$155,000–$265,000+ TC

Stephens Inc. + Crews & Associates + Raymond James AR · AR muni bond underwriting

Associate (Post-MBA)

$145,000–$235,000+ TC

UA Walton MBA + national MBA pipeline · Stephens Inc. associate · AR-relocation candidates

Senior Analyst

$105,000–$165,000+ bonus

Senior analyst at Stephens Inc. + Bank OZK · post-2-3 yr Big 4 + audit transition · pre-MBA

Analyst (1-2 yrs)

$85,000–$132,000+ bonus

UA Walton + UA Little Rock + ASU + Hendrix pipeline · 100-hr weeks · entry band

Senior Healthcare / UAMS M&A Coverage

$175,000–$315,000+ TC

AR healthcare M&A · UAMS + Baptist Health + AR PE-driven rollup advisory

Senior Retail / CPG Coverage

$185,000–$345,000+ TC

Walmart supplier ecosystem M&A · CPG + DTC brand acquisitions for Walmart Marketplace

Senior Trucking / Logistics IB

$165,000–$285,000+ TC

JB Hunt + ArcBest + USA Truck legacy M&A · AR transports + logistics M&A advisory

Worth knowing: Stephens Inc. HQ Little Rock is one of the country's most distinctive private investment banks and the largest US private investment bank HQ'd outside Wall Street and a feature most national IB surveys understate for AR. Stephens Inc. (founded 1933 by Witt Stephens + Jack Stephens + the substantial AR-HQ private investment bank operating across middle-market M&A advisory + public finance + asset management + private wealth + the substantial Stephens Capital Management + Stephens Insurance + Stephens Investment Bank operating divisions + ~1,000 employees + offices across Atlanta + Boston + Charlotte + Chicago + Dallas + Houston + Jackson + Memphis + Nashville + New York + Saint Louis + the substantial Stephens family ownership + Witt Stephens Jr. + Warren Stephens leadership) operates substantial AR-HQ middle-market M&A + public finance + asset management work. Senior Stephens Inc. MDs clear $425K-1.2M+ with substantial bonus + carry. The substantial Walmart supplier ecosystem M&A activity in Northwest Arkansas supports substantial CPG + DTC brand M&A advisory work as Walmart Marketplace's substantial private brand + DTC acquisition strategy drives substantial supplier-side M&A flow (~$5B+ annual Walmart-related M&A activity by some measures including direct Walmart acquisitions like Vizio in 2024 + the substantial supplier ecosystem M&A around Walmart-brand-relevant DTC + CPG companies). Bank OZK Little Rock (Fortune 1000 ~$28B assets + the country's largest US commercial real estate lender by some measures with substantial concentrated New York City CRE exposure + the substantial CRE-driven middle-market corporate banking work) supports substantial AR commercial banking + middle-market work. AR progressive 2-4.4% top rate phasing 3.9% by 2026 + AR RTW since 1947 + no state estate tax + AR substantially lower cost of living vs NYC + CT + CHI + LA IB metros = the AR IB lifestyle proposition.

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