Bank Of The Ozarks Inc (OZRK) reported quarterly earnings results on Monday, Apr-11-2016. The company reported $0.57 EPS for the quarter. Analysts had a consensus estimate of $0.57. Analysts expectations of $134.13 million. During the same quarter in the previous year, the company posted $0.47 EPS.
Bank Of The Ozarks Inc opened for trading at $41.12 and hit $42.52 on the upside on Monday, eventually ending the session at $41.91, with a gain of 2.87% or 1.17 points. The heightened volatility saw the trading volume jump to 30,25,314 shares. Company has a market cap of $3,801 M.
Investors should note that on Apr 1, 2016, Bank Of The Ozarks Inc announced a cash dividend of $0.1550. The company’s management has announced Apr 13, 2016 as the ex-dividend date and fixed the record date on Apr 15, 2016. The payable date has been fixed on Apr 22, 2016.
In a different news, on Jan 15, 2016, Edward J Wydock (Chief Risk Officer) purchased 125 shares at $50.56 per share price. According to the SEC, 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.