Tagged: bank of the ozarks inc.

Smithsonian Puts Spotlight On AutoMail

by Sarah Campbell 10/10/2016 12:00 am

A northeast Arkansas company, AutoMail, has been added to a new virtual exhibit by the Smithsonian Institution’s National Postal Museum in recognition of technology it developed in the 1990s that helped community banks save money through manifest mailing.

Bank of the Ozarks Seals 2 Deals, Is Biggest in Arkansas by Assets

by Arkansas Business Staff 7/22/2016 11:15 am

Bank of the Ozarks Inc. of Little Rock completes acquisitions of Community & Southern Bank of Atlanta and C1 Bank of St. Petersburg, Florida, and leaps over Arvest in asset size.

Wall Street Journal: Bank of the Ozarks Fills Loan Void in Big Markets

by Lance Turner 7/20/2016 10:33 am

The Wall Street Journal today takes a look at Bank of the Ozarks Inc. of Little Rock, which it says is filling a loan void in big markets like New York and Houston.

Bank of the Ozarks Reports Record 2Q Net Income

by Arkansas Business Staff 7/11/2016 6:56 am

Bank of the Ozarks Inc. of Little Rock on Monday announced record second quarter net income of $54.5 million, up nearly 22 percent increase from the same quarter last year.

Federal Reserve Approves 2 Bank of the Ozarks Acquisitions

by Lance Turner 6/29/2016 11:24 am

The Federal Reserve Board on Tuesday approved Bank of the Ozarks' record-setting deal to buy Community & Southern Bank of Atlanta, along with another deal to buy C1 Financial Inc. of St. Petersburg, Florida.

Jack Mullen, Paula Cholmondeley Join Board of Growing Bank of the Ozarks

by George Waldon 5/16/2016 11:38 am

At Monday's annual shareholders meeting, Chairman and CEO George Gleason also announced that a third seat would be filled by Trevor Burgess, president, CEO and founder of the $1.7 billion-asset C1 Financial Inc. of St. Petersburg, Florida.

2 Regulators OK Bank of the Ozarks' Acquisitions

by Arkansas Business Staff 5/13/2016 2:37 pm

Bank of the Ozarks Inc. of Little Rock said Friday that it has received regulatory approval for its previously announced acquisitions of Community & Southern Bank of Atlanta and C1 Financial Inc. of St. Petersburg, Florida.

Despite Individual Victories, Progress Slow For Women in Arkansas Banking

by Gwen Moritz 5/9/2016 12:00 am

For women in Arkansas’ banking industry, every encouraging development seems to be matched by discouraging reality.

Bank of Ozarks Reports Record 1Q Net Income

by Lance Turner 4/12/2016 11:32 am

Bank of the Ozarks Inc. of Little Rock on Monday reported first-quarter net income of $51.7 million, a new record, and up nearly 30 percent from the same quarter last year.

Bank of the Ozarks Aims to Add 2 to Board of Directors

by George Waldon 3/1/2016 11:37 am

Two new members are nominated to join the board of directors at Little Rock's Bank of the Ozarks Inc.

Arkansas Sees Volume, Value of Biggest Deals Drop

by Jan Cottingham 2/8/2016 12:00 am

The value of mergers and acquisitions last year reached a record high worldwide and in the United States, but Arkansas was a different story. The known value of big deals in the state — those worth $9 million or more — fell 53 percent in 2015 compared with 2014, to $8.8 billion compared with $16.6 billion.

Big Arkansas Banks Gear Up For $10B Threshold

by George Waldon 1/18/2016 12:00 am

Not long ago, crossing the $10 billion-asset threshold for a bank was merely a big round-number achievement. Now, however, banks surpassing $10 billion in assets face additional costs, fee restrictions and new layers of regulatory oversight.

Bank of the Ozarks Reports Record 4Q Net Income

by Arkansas Business Staff 1/14/2016 4:23 pm

Bank of the Ozarks Inc. of Little Rock on Thursday announced record fourth-quarter net income of $51.5 million, up 48 percent from the same quarter last year. It also said full-year net income was a record $182.3 million, up 54 percent from $118.6 million for the full year of 2014.

Bank of the Ozarks to Buy WLR Land for New Headquarters

by George Waldon 1/12/2016 4:12 pm

Bank of the Ozarks has put about 44 acres under contract for a new corporate headquarters campus in west Little Rock. The company intends to pay $12.7 million for property on the western end of The Ranch. First-phase construction of a 180,000-SF building is expected to begin late this year or early 2017.

Bank of the Ozarks to Sell 2M Company Shares

by Arkansas Business Staff 12/8/2015 3:02 pm

Bank of the Ozarks Inc. of Little Rock said Tuesday that it will sell more than 2 million shares of common stock at a price of $52.42 per share — about $110 million.

Bank of the Ozarks Buys C1 Financial of Florida in $402M Deal

by Lance Turner and George Waldon 11/10/2015 7:14 am

Bank of the Ozarks Inc. of Little Rock said late Monday that it has purchased C1 Financial Inc. of St. Petersburg, Florida, and its wholly owned bank subsidiary, C1 Bank, in all-stock deal worth $402.5 million.

Deposits Grow as Number of Arkansas Banks Shrinks

by Gwen Moritz 10/26/2015 12:00 am

Bank deposits in Arkansas grew by 5 percent in the 12 months that ended June 30, according to the annual summary of deposits released Sept. 28 by the Federal Deposit Insurance Corp., a pace somewhat slower than the 5.4 percent growth in bank deposits nationally.

Arkansas Bankers Engage in Efficiency Contest

by George Waldon 10/26/2015 12:00 am

The sub-40 percent efficiency ratio, which has grown in profile in the post-2008 finance world, reflects how many pennies it costs a company to make a buck. The average efficiency ratio among all Arkansas banks through the first half of 2015 is about 70 percent.

Bank of the Ozarks' $800M Deal Gives It Big Presence in Georgia

by Gwen Moritz 10/20/2015 8:46 am

Bank of the Ozarks' record-setting deal to buy Community & Southern Bank of Atlanta will mean the bank George Gleason built will have almost as many branches in Georgia as it has in Arkansas. The deal will grow its assets — $9.3 billion as of Sept. 30 — by nearly 50 percent in a single gulp.

Bank of the Ozarks 3Q Profit Up 44 Percent

by Lance Turner 10/13/2015 4:45 pm

Bank of the Ozarks Inc. of Little Rock on Tuesday reported third-quarter net income of $46.1 million, up 44 percent from the same quarter last year.