Bank Of The Ozarks Inc (OZRK) was Upgraded by FIG Partners to ” Outperform”. Earlier the firm had a rating of “Market Perform ” on the company shares. FIG Partners advised their investors in a research report released on May 9, 2016.
Many Wall Street Analysts have commented on Bank Of The Ozarks Inc. Bank Of The Ozarks Inc was Upgraded by Piper Jaffray to ” Overweight” on May 6, 2016.
On the company’s financial health, Bank Of The Ozarks Inc reported $0.57 EPS for the quarter, based on the information available during the earnings call on Apr 11, 2016. Analyst had a consensus estimate of $0.57.Analysts expectations of $ 134.13.During the same quarter in the previous year, the company posted $0.47 EPS.
Bank Of The Ozarks Inc opened for trading at $37.56 and hit $37.56 on the upside on Friday, eventually ending the session at $37.23, with a gain of 0.59% or 0.22 points. The heightened volatility saw the trading volume jump to 29,14,724 shares. Company has a market cap of $3,377 M.
In a different news, on May 6, 2016, Nicholas A Brown (director) purchased 2,900 shares at $36.86 per share price. According to the SEC, on May 6, 2016, Ross M Whipple (director) purchased 120,000 shares at $37.78 per share price. On Apr 29, 2016, William A Koefoed (director) purchased 1,000 shares at $41.78 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.