Bank of the Ozarks
Banking on Opportunity: How Arkansas Institutions Saw Growth During the Great Recession
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 >
by Kyle Massey -
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 >
by George Waldon -
Stock Tumble at Bank OZK Attracts Lawsuits
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 >
by George Waldon -
OZK, Home BancShares Launch Into Deeper Water For Luxury Lending
Acquisition has fueled boat and recreational vehicle loan growth at the two largest banking franchises headquartered in Arkansas. read more >
by George Waldon -
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 >
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 >
by George Waldon -
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 >
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 >
by Lance Turner -
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 >
In Personal Use of Company Jets, Tyson Soars
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 >
by Mark Friedman -
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 >
by Lance Turner -
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 >
End of Bank of the Ozarks Mortgages May Not Signal Trend
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 >
by Gwen Moritz -
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 >
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 >
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 >
by Gwen Moritz -
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 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 >
Wal-Mart’s Marc Lore Blows Top Off Exec Compensation List
The word “outlier” was invented to describe things like the top entry on this week’s list of the highest-paid executives employed by public companies in Arkansas. read more >
by Gwen Moritz -
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 >