Revenue Update on Bank Of The Ozarks Inc(NASDAQ:OZRK)

Bank Of The Ozarks Inc(NASDAQ:OZRK) announced the earnings results for Fiscal Year 2016 and Q1. The results came in during After-hours on Apr 11, 2016. Company reported revenue of $132.38M. Analysts estimated a revenue of $133.12M. Earnings per share were $0.57. Analysts had estimated an EPS of $0.55.

Bank Of The Ozarks Inc (OZRK) made into the market gainers list on Fridays trading session with the shares advancing 0.60% or 0.26 points. Due to strong positive momentum, the stock ended at $43.74, which is also near the day’s high of $43.84. The stock began the session at $43.43 and the volume stood at 9,62,997 shares. The 52-week high of the shares is $54.96 and the 52 week low is $35.87. The company has a current market capitalization of $3,967 M and it has 9,06,95,203 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jan 15, 2016, Edward J Wydock (Chief Risk Officer) purchased 125 shares at $50.56 per share price.Also, On Dec 2, 2015, Tyler A Vance (COO & Chief Banking Officer) sold 16,000 shares at $54.55 per share price.On Dec 2, 2015, Jennifer R Junker (Dir of Trust and Wealth Mgmt) purchased 50 shares at $54.31 per share price, according to the Form-4 filing with the securities and exchange commission.

Bank of the Ozarks Inc. is a bank holding company. The Company owns an Arkansas state chartered subsidiary bank Bank of the Ozarks. The Company provides a range of retail and commercial banking services. The Company provides mortgage lending trust and wealth management services treasury management services and online and mobile banking services. Deposit services include checking savings money market time deposit and individual retirement accounts. Loan services include various types of real estate consumer commercial industrial and agricultural loans and various leasing services. It also provides mortgage lending treasury management services remote deposit capture services trust and wealth management services real estate appraisals ATMs telephone banking online and mobile banking services.

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