Bank Of The Ozarks Inc (OZRK) is Upgraded by Piper Jaffray to Overweight

Bank Of The Ozarks Inc (OZRK) was Upgraded by Piper Jaffray to ” Overweight”. Earlier the firm had a rating of “Neutral ” on the company shares. Piper Jaffray advised their investors in a research report released 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 closed down -1.74 points or -4.41% at $37.69 with 1,03,71,300 shares getting traded on Wednesday. Post opening the session at $39.04, the shares hit an intraday low of $33.6601 and an intraday high of $39.49 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Apr 29, 2016, William A Koefoed (director) purchased 1,000 shares at $41.78 per share price. According to the SEC, on Apr 18, 2016, Catherine B Freedberg (director) sold 6,033 shares at $44.03 per share price. On Apr 15, 2016, John B Reynolds (director) purchased 750 shares at $43.64 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.

Bank Of The Ozarks Inc

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