Forbes has again recognized Bank OZK as one of America’s Best Banks. For the third consecutive year, Bank OZK is recognized in Forbes’ America’s Best Banks. The 100 largest publicly traded banks and thrifts were ranked by Forbes based on growth, credit quality and profitability. Bank OZK was number 11 on the list. We’re no […]
READ THE ARTICLEBank OZK’s conservative lending practices and extreme focus on detail in underwriting, structuring and closing loans has allowed us to continue lending during the pandemic, just as we did during the Great Recession. Our successful lending principles are the subject of a January 11 cover story in the Dallas Business Journal, “How Bank OZK has […]
READ THE ARTICLEBank OZK announced fourth quarter 2020 net income of $120.5 million and diluted earnings per common share of $0.93. For the full year of 2020, net income was $291.9 million and diluted earnings per common share were $2.26. Highlights of the fourth quarter include: Outstanding Financial Results. Our $120.5 million of net income for the […]
READ THE ARTICLEBank Director has ranked Bank OZK as the #1 bank in their 2021 RankingBanking Performance Powerhouse Study. It’s a tremendous honor to be considered the best “well-rounded” bank in the nation, and to be recognized for delivering our shareholders the highest return of any U.S. public bank over a 20-year period. Bank Director evaluated all […]
READ THE ARTICLEGreg McKinney, Bank OZK’s Chief Financial Officer received the CFO Lifetime Achievement Award, presented by Arkansas Business. “Greg is an exemplary leader, contributing to our industry-leading financial performance,” commented George Gleason, Chairman and CEO. “His astute insight and leadership has made a profound impact on our Bank. More importantly, Greg is a man of great […]
READ THE ARTICLEThe National Association of Corporate Directors (NACD) has recognized Peter Kenny as an NACD Board Leadership Fellow. NACD Fellowship is the highest standard of credentialing for directors and governance professionals. NACD Fellows, who earn the NACD Fellowship – The Gold Standard Director Credential®, stand within the highest echelon of those committed to excellence in […]
READ THE ARTICLEBank OZK was named “Best Places to Work” by Arkansas Business, a distinction awarded by, and because of, our incredible team members. “We’ve always known that our employees are the foundation for our success,” stated Tim Hicks, Chief Administrative Officer and Executive Director of Investor Relations. “Our shared values of teamwork, excellence, high ethical standards, […]
READ THE ARTICLEHighlights Excellent Asset Quality. Our ongoing focus on asset quality showed very well in the current environment as demonstrated by our annualized net charge-off ratio for the quarter of 0.09% for both non-purchased loans (loans we originated) and total loans. Increasing Net Interest Income. Our net interest income for the quarter was $224.7 million, an […]
READ THE ARTICLEBank OZK’s newly designed mobile banking app features a new modern look and additional user-friendly navigation tools. The app offers streamlined access to commonly used features, customized for each account type. “Mobile banking usage has accelerated in recent months, and that trend will continue,” stated Carmen McClennon, Chief Retail Banking Officer at Bank OZK. Our […]
READ THE ARTICLEBank OZK today announced that net income for the second quarter of 2020 was $50.3 million, and diluted earnings per common share for the second quarter of 2020 were $0.39. George Gleason, Chairman and Chief Executive Officer stated, “We have continued our long-standing focus on our team members, our customers, serving the communities in which […]
READ THE ARTICLECommercial Observer, a leading commercial real estate publication, has recognized four Bank OZK executives among the most influential commercial real estate finance professionals in the U.S. This marks the fourth consecutive year Commercial Observer has named Bank OZK leaders to their Power Finance roll. Chairman and CEO George Gleason, Real Estate Specialties Group (RESG) President […]
READ THE ARTICLEBank OZK is pleased to announce our 40th consecutive quarterly cash dividend increase. In addition to increasing our quarterly dividend in the past 40 quarters, Bank OZK has paid quarterly cash dividends to shareholders every quarter since going public in 1997.Bank OZK shareholders continue to share in our profitability through our regular quarterly dividend payments, […]
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