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Bank of the Ozarks

Banking & Finance / Industry / Investments

Banking on Opportunity: How Arkansas Institutions Saw Growth During the Great RecessionLock Icon

The global financial crisis that touched off the Great Recession of 2007-09 crushed hundreds of banks nationwide, but it rewarded a handful of well-capitalized Arkansas banks looking to grow. read more >
Imprisoned for life, Ken Middleton has pursued his ownership claim to a small fortune in Walmart stock. The dispute with his niece, Sheila McCutcheon, uncovered forged signatures of Frances Lorene Smith.
Agriculture & Poultry / Banking & Finance / Government & Politics / Investments / Legal / Real Estate

Trustees Press Fraudulent Transfer Claim in Family Feud

Nearly six years ago, Sheila McCutcheon submitted paperwork for a loan reflecting a personal net worth of more than $1.4 million. Nineteen months later, she has filed a financial hardship statement asking to stop collection calls claiming, “My financial state is as low as it can get.” read more >
Construction continues last month on Bank OZK's $98.8 million headquarters in Little Rock.
Banking & Finance / Investments / Legal / Public Companies / Real Estate / Retail

Stock Tumble at Bank OZK Attracts LawsuitsLock Icon

Bank OZK’s growing recognition as a lead player on the national commercial lending scene contributed to a burgeoning audience of investors. And that success also heightened the bank’s profile as a potential target of lawyers seeking to cash in on a class-action lawsuit on behalf of supposedly wronged investors. read more >
Tim Hicks Chief administrative officer and executive director of investor relations at Bank OZK
Banking & Finance / Business Services / Media & Marketing / Public Companies

Tim Hicks Says Bank OZK’s Branding Switch Proceeding OK

Tim Hicks, the chief administrative officer of what is now named Bank OZK explains how and why the venerable bank dropped the Ozarks from its brand. read more >
Banking & Finance / Business Services / Investments / Public Companies / Retail / Tourism / Transportation

OZK, Home BancShares Launch Into Deeper Water For Luxury LendingLock Icon

Acquisition has fueled boat and recreational vehicle loan growth at the two largest banking franchises headquartered in Arkansas. read more >
Banking & Finance / Investments / Public Companies

Bank of the Ozarks’ 2Q Profit Up 27 Percent; Name Changes on Monday

Bank of the Ozarks announces a $114.8 million profit for the second quarter of 2018. The company also said that, effective Monday, its name will change to Bank OZK. The company announced the name change in March. read more >
Tom Mays of Bank of the Ozarks
Agriculture & Poultry / Banking & Finance / Business Services / Public Companies

Tom Mays Promoted at Bank of the Ozarks (Movers & Shakers)

Tom Mays has been promoted to south Arkansas division president of the Bank of the Ozarks in Little Rock. read more >
Banking & Finance / Public Companies

Bank of the Ozarks Plans Expansion in Ozark

George Gleason could have decided to put a new operations center for Bank of the Ozarks in many cities, from New York to California, and Texas or Florida. read more >
Banking & Finance / Investments / Public Companies

Bank of the Ozarks’ 1Q Net Income Up 27 Percent

Bank of the Ozarks on Thursday announced first-quarter net income of $113.1 million, up 27 percent from the same quarter last year. read more >
Banking & Finance

Bank of the Ozarks Named Top Performer

Bank of the Ozarks has again been named the nation’s best performing regional bank in its asset size category, claiming the top spot in the S&P Global Market Intelligence ranking of regional banks for 2017. read more >
Tyson Foods Inc. Chairman John Tyson ranked No. 1 among executives at Arkansas’ publicly traded companies who used corporate jets for personal trips. President and CEO Tom Hayes ranked No. 3.
Agriculture & Poultry / Banking & Finance / Business Services / Energy / Insurance / Public Companies / Retail / Transportation

In Personal Use of Company Jets, Tyson SoarsLock Icon

Arkansas Business reviewed proxy documents from 17 publicly traded companies based in Arkansas to report on those that offer executives the perk of using the company jet for personal trips. read more >
George Gleason
Banking & Finance / Investments / Public Companies

George Gleason Pay Rises to $6.9M

George Gleason, 64, chairman and chief executive officer of Little Rock's Bank of the Ozarks, received total compensation of nearly $6.9 million during 2017. read more >
Banking & Finance / Investments / Public Companies

Bank of the Ozarks Reports Record Profit for Quarter, 2017

Bank of the Ozarks of Little Rock reports record quarterly and annual profit. read more >
Matthew Lewis, president of the Mortgage Bankers Association of Arkansas, sees no alarming trends, but the mortgage banking industry has certainly changed in the past 10 years.
Banking & Finance / Business Services / Construction / Investments / Public Companies / Real Estate

End of Bank of the Ozarks Mortgages May Not Signal TrendLock Icon

Eagle Bank & Trust is ramping up its mortgage lending division while Bank of the Ozarks is shutting its down. What’s going on with home loans? read more >
Banking & Finance / Investments / Public Companies

Forbes Ranks Home BancShares No. 1 on ‘Best Banks’ List

Forbes magazine this week ranked Home BancShares Inc. of Conway No. 1 on its annual list of "America's Best Banks." read more >
Banking & Finance

Bank of the Ozarks Creates New Bonus Plan for Employees

Bank of the Ozarks says its board of directors approved the creation of an annual cash-based incentive bonus plan for hourly employees and other employees not covered by existing bonus plans. read more >
Banking & Finance / Public Companies

Bank of the Ozarks Exits Secondary Market Home Lending

Bank of the Ozarks of Little Rock confirmed Tuesday that it will stop originating home loans for sale on the secondary market, a line of business that had "operated at essentially break-even." read more >
Another look at the new Bank of the Ozarks headquarters in west Little Rock.
Banking & Finance / Construction / Public Companies / Real Estate

Bank of the Ozarks Hires Contractor for New HQ

Bank of the Ozarks has hired CDI Contractors LLC to build its new headquarters in west Little Rock and plans to break ground in December. read more >
Ross Whipple
Chairman of the Ross Foundation and President of Horizon Timber Services Inc.
Agriculture & Poultry / Banking & Finance / Education / Investments / Manufacturing / Real Estate

Ross Whipple Branches Out, Logs Time Away from Boardroom

Ross Whipple manages more than 120,000 acres of Arkansas timberland as chairman of the Ross Foundation and president of Horizon Timber Services Inc. read more >
Bryan Brooks of Simmons Bank
Banking & Finance / Business Services

Bryan Brooks Switches to Simmons Bank (Movers & Shakers)

Bryan Brooks, formerly vice president of product management and development for Windstream Communications of Little Rock, has joined Simmons Bank of Pine Bluff as senior vice president of product development. read more >