Tagged: george gleason

Bank of the Ozarks' 3Q Net Income Up 65 Percent

by Lance Turner 10/11/2016 9:45 am

Bank of the Ozarks Inc. of Little Rock reports record third-quarter net income of $76.0 million, up 65 percent from the same quarter last year, as it completed two major bank acquisitions.

Business Icons: George Gleason Aims Bank of the Ozarks To Be the Biggest

by Mark Friedman 8/8/2016 12:00 am

In July, after completing two major acquisitions, Bank of the Ozarks Inc. had nearly $18 billion in total assets, making it the largest bank chartered in Arkansas. And Gleason, who has been the chairman and CEO of the company since 1979, aims to be among the largest banks in the country.

Ten Arkansas Business Icons Have Stories to Tell

by Gwen Moritz 8/8/2016 12:00 am

Arkansas Business presents these ten Arkansas business icons as a way to acquaint readers with the personalities behind some of the most familiar names in our state’s business community.

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.

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.

Arkansas Business Power List 2016: Banking & Finance

by Arkansas Business Staff 3/21/2016 12:00 am

A banking and finance resource to help navigate the leadership of the largest Arkansas companies or institutions.

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.

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 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.

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.

Bank of the Ozarks Tops Bank Performance Scorecard

by Alexis Crowe 7/30/2015 11:17 am

Three Arkansas banks ranked among Bank Director magazine's list of top mid-size performers in the country, with Bank of the Ozarks of Little Rock taking the No. 1 spot.

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.

Familiar Face Leads Bank of the Ozarks In Carolinas

by George Waldon 5/25/2015 12:00 am

What began in 2001 as a one-woman loan production office in Charlotte, North Carolina, has blossomed into a leading franchise for Little Rock’s Bank of the Ozarks.

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.