Tagged: bank of the ozarks inc.

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.

FDIC: Arkansas Bank Deposits Reach $56.5B

by Gwen Moritz 9/29/2015 11:30 am

Bank deposits in Arkansas grew by 5 percent in the 12 months that ended June 30, a pace somewhat slower than the 5.4 percent growth in bank deposits nationally.

Bank of the Ozarks' 2Q Profit Up 69 Percent

by George Waldon 7/14/2015 9:52 am

Net income at Little Rock's Bank of the Ozarks Inc. rose 69.1 percent to $44.8 million during the second quarter. The company reported net income of $26.5 million for the same period a year ago.

Gleason: Record Loan Growth, Other Factors Boosted Bank of the Ozarks

by George Waldon 5/18/2015 3:15 pm

Record growth in loans, unfunded loans and deposits helped return Bank of the Ozarks to its familiar road of record earnings. The company held its annual shareholders meeting Monday at the corporate headquarters in west Little Rock.

Bank of the Ozarks to Buy Bank of the Carolinas in $65M Deal

by Lance Turner 5/6/2015 3:48 pm

Bank of the Ozarks Inc. of Little Rock said Wednesday that it has agreed to purchase Bank of the Carolinas Corp. and its wholly owned bank subsidiary, Bank of the Carolinas, in an all-stock deal worth about $64.7 million.

Bank of the Ozarks 1Q Net Income Up 58 Percent

by Lance Turner 4/13/2015 4:51 pm

Bank of the Ozarks Inc. of Little Rock reports first quarter net income of $39.9 million, up 58 percent from the same quarter last year.

Incentives Boost Pay for Bank of the Ozarks' Executives

by Lance Turner 3/26/2015 9:32 am

Each of Bank of the Ozarks Inc.'s named executive officers saw increases in total compensation in fiscal 2014, according to a proxy filed Thursday with the U.S. Securities and Exchange Commission.

Bank of the Ozarks Net Income Up 42 Percent

by Arkansas Business Staff 1/16/2015 9:03 am

Bank of the Ozarks Inc. of Little Rock on Thursday reported a 42 percent increase in fourth-quarter net income.

Cameron Smith & Associates' Mission To Put More Women in Public Company Boardrooms

by Jan Cottingham 11/17/2014 12:00 am

Diversity on corporate boards has been an issue for years. Most companies recognize that having directors from varied backgrounds isn’t simply a theoretical matter of equity; it’s a matter of performance. Cameron Smith wants to use the contacts built up over 20 years of helping to put women on corporate boards. And women — particularly in Arkansas — could use his help.

Bank of the Ozarks 3Q Net Income Up 21 Percent

by George Waldon 10/15/2014 12:32 pm

Bank of the Ozarks Inc. of Little Rock announced net income for the third quarter grew by 21.3 percent to $32.1 million. Profits were backed by record quarterly net interest income of $74.6 million, a 47.4 percent increase from a year ago.

Bank of the Ozarks Taps Keesee To Lead Western Division (Movers & Shakers)

by Arkansas Business Staff 9/8/2014 12:00 am

Don Keesee has been named western Arkansas division president at Bank of the Ozarks. Keesee, who has more than 30 years of financial experience in Arkansas, worked for Arkadelphia-based Summit Bank in Fort Smith until its recent acquisition by Bank of the Ozarks.

Arkansas Executive Use of Company Jets Rises in 2013

by Mark Friedman 9/8/2014 12:00 am

Top executives at nine of Arkansas’ public companies valued their personal flights on company jets at a total of $2.4 million for 2013, according to proxy statements filed with the U.S. Securities & Exchange Commission and compiled by Arkansas Business.

Bank of the Ozarks, Home BancShares Among Top Performing Banks

by Lee Hogan 8/13/2014 10:38 am

The second and third largest banks in Arkansas were recognized as some of the top performers in Bank Director magazine's 2014 Bank Performance Scorecard.

Bank of the Ozarks Acquires Intervest Bancshares Corp. In $228.5M Deal

by Arkansas Business Staff 8/1/2014 8:41 am

Bank of the Ozarks Inc of Little Rock announces a $228.5 million deal to acquire Intervest Bancshares Corp. and its wholly-owned bank subsidiary, Intervest National Bank.

Bank of the Ozarks Responds to 'Say on Pay' Vote

by Gwen Moritz 7/21/2014 12:00 am

Say-on-pay votes are not binding in the first place, and the vast majority pass, but say on pay is having an impact even for companies whose compensation packages get voter approval, and a perfect example is in Little Rock: Bank of the Ozarks Inc.

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