Bank Of The Ozarks Inc (OZRK) was Initiated by Brean Capital to “Buy”. Brean Capital advised their investors in a research report released on Nov 30, 2016.
On the company’s financial health, Bank Of The Ozarks Inc reported $0.66 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Oct 11, 2016. Analyst had a consensus of $0.61.Analysts expectations of $ 207.30.During the same quarter in the previous year, the company posted $0.54 EPS.
Bank Of The Ozarks Inc opened for trading at $46.23 and hit $47.34 on the upside on Tuesday, eventually ending the session at $46.98, with a gain of 2.24% or 1.03 points. The heightened volatility saw the trading volume jump to 14,14,347 shares. Company has a market cap of $5,692 M.
In a different news, on Nov 21, 2016, Dennis R James (EVP/Director of M & A) sold 2,629 shares at $46.00 per share price. According to the SEC, on Nov 17, 2016, Catherine B Freedberg (director) sold 19,884 shares at $45.73 per share price. On Nov 15, 2016, Timothy D Hicks (EVP / Chief of Staff) sold 3,000 shares at $46.84 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.