Bank of the Ozarks (OZRK) Tops Q2 EPS by 1c
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Bank of the Ozarks, Inc. Announces Second Quarter 2015 Earnings
July 13, 2015 5:00 PM EDTLITTLE ROCK, Ark.--(BUSINESS WIRE)-- Bank of the Ozarks, Inc. (NASDAQ: OZRK) today announced that net income for the second quarter of 2015 was $44.8 million, a 69.1% increase from $26.5 million for the second quarter of 2014. Diluted earnings per common share for the second quarter of 2015 were $0.51, a 50.0% increase from $0.34 for the second quarter of 2014.
The Companys results during the quarter just ended included $0.1 million in net gains on sales of investment securities and approximately $1.6 million of acquisition-related and systems conversion expenses. Net of applicable income taxes, these items, in the aggregate, reduced the... More
