Bank of the Ozarks (OZRK) Tops Q1 EPS by 1c

Bank of the Ozarks (NASDAQ: OZRK) reported Q1 EPS of $0.73, $0.01 better than the analyst estimate of $0.72.

George Gleason, Chairman and Chief Executive Officer, stated, “We are very pleased to report our excellent results for the first quarter of 2017, including quarterly records in net income, diluted earnings per common share and trust income, $612 million growth in the funded balance of non-purchased loans and leases, $1.19 billion growth in the unfunded balance of non-purchased loans and leases, a 4.88% net interest margin, a 35.0% efficiency ratio and excellent asset quality.”

For earnings history and earnings-related data on Bank of the Ozarks (OZRK) click here.

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