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Bank of the Ozarks is in mid-leap to vault well beyond the $10 billion mark this year thanks to a pair of pending acquisitions led by its chairman and CEO, George Gleason.
Banking & Finance / Investments / Public Companies

Bank of the Ozarks Reports Record 2Q Net Income

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. read more >
Banking & Finance / Investments / Public Companies

Federal Reserve Approves 2 Bank of the Ozarks Acquisitions

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. read more >
Jack Mullen and Paula Colmondeley, new members of Bank of the Ozarks Inc.'s board of directors.
Banking & Finance / Investments / Public Companies

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

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. read more >
Banking & Finance / Public Companies

2 Regulators OK Bank of the Ozarks’ Acquisitions

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. read more >
Susie Smith at Metropolitan National Bank in 2013.
Banking & Finance / Business Services / Public Companies

Despite Individual Victories, Progress Slow For Women in Arkansas Banking

For women in Arkansas’ banking industry, every encouraging development seems to be matched by discouraging reality. read more >
Banking & Finance / Investments / Public Companies

Bank of Ozarks Reports Record 1Q Net Income

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. read more >
Banking & Finance / Investments / Public Companies

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

Two new members are nominated to join the board of directors at Little Rock's Bank of the Ozarks Inc. read more >
Banking & Finance / Business Services / Construction

Arkansas Sees Volume, Value of Biggest Deals Drop

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. read more >
Bank of the Ozarks is in mid-leap to vault well beyond the $10 billion mark this year thanks to a pair of pending acquisitions led by its chairman and CEO, George Gleason.
Banking & Finance / Business Services / Government & Politics

Big Arkansas Banks Gear Up For $10B Threshold

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. read more >
George Gleason
Banking & Finance / Investments / Public Companies

Bank of the Ozarks Reports Record 4Q Net Income

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. read more >
Banking & Finance / Public Companies / Real Estate

Bank of the Ozarks to Buy WLR Land for New Headquarters

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. read more >
Banking & Finance / Investments / Public Companies

Bank of the Ozarks to Sell 2M Company Shares

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. read more >
George Gleason
Banking & Finance / Investments / Public Companies

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

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. read more >
Home BancShares Chairman Johnny Allison and Donna Townsell, senior executive vice president of corporate efficiencies.
Banking & Finance / Business Services / Investments

Arkansas Bankers Engage in Efficiency Contest

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. read more >
Banking & Finance / Business Services / Investments

Deposits Grow as Number of Arkansas Banks Shrinks

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. read more >
George Gleason
Banking & Finance / Investments / Public Companies

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

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. read more >
Banking & Finance / Investments / Public Companies

Bank of the Ozarks 3Q Profit Up 44 Percent

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. read more >
Tyler Vance
Banking & Finance / Public Companies

FDIC: Arkansas Bank Deposits Reach $56.5B

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. read more >
Banking & Finance / Investments / Public Companies

Bank of the Ozarks’ 2Q Profit Up 69 Percent

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. read more >
George Gleason
Banking & Finance / Investments / Public Companies

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

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. read more >