Bank of the Ozarks Named Nation’s Top Performing Bank for Seventh Consecutive Year
August 3, 2017 in Corporate News
LITTLE ROCK, Ark. Bank of the Ozarks (NASDAQ:OZRK) has been named the top performing bank in the nation in its asset size category by Bank Director magazine. This is the bank’s fifth consecutive year to be recognized by Bank Director, and it marks eleven times in seven consecutive years that national organizations have named Bank of the Ozarks as number one in the nation.
Bank Director’s annual bank performance scorecard includes five key metrics related to profitability, capital strength and asset quality. George Gleason, Chairman of the Board and Chief Executive Officer, said, “These are important measures, but the central element of our success is our employees. Their teamwork, discipline and commitment to excellence at all times drive our continued success.”
Gleason said, “I tell everyone that it is my privilege and honor to lead a diverse group of highly skilled and talented people who resist the temptation to be average but, instead, relentlessly pursue excellence in everything we do. Our culture of excellence means we deliver excellent customer service while maintaining the highest standards of character, ethics, integrity and fair dealing.”
The Bank Director 2017 Bank Performance Scorecard Highlighting America’s Best Banks has placed Bank of the Ozarks in the number one ranking in its size category in 2013, 2014, 2015, 2016 and 2017. The Scorecard evaluates and ranks the 300 largest publicly traded US banks separated into three categories. Bank of the Ozarks is currently in the $5 billion to $50 billion asset category.
In addition, S&P Global Market Intelligence (formerly SNL Financial) in 2012, 2015, 2016 and 2017 named Bank of the Ozarks as the nation’s top performing regional bank. The ABA Banking Journal in 2011 and 2012 named Bank of the Ozarks number one among banks in its asset size category.
Bank Director is the premier magazine written for senior officers and directors of financial institutions. Since its inception in 1991, Bank Director has become recognized as an essential resource for the top decision makers in the financial industry. The Bank Performance Scorecards highlighting America’s Best Banks appear in the 3rd Quarter 2017 edition of the magazine. The measurement criteria and analysis are prepared by Sandler O’Neill + Partners, L.P., a New York-based investment banking firm, using data provided to it by S&P Global Market Intelligence, a financial research firm in Charlottesville, Virginia.