Bank of the Ozarks (OZRK) Tops Q1 EPS by 1c
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Bank of the Ozarks, Inc. Announces Record First Quarter 2017 Earnings
April 11, 2017 7:00 AM EDTLITTLE ROCK, Ark.--(BUSINESS WIRE)-- Bank of the Ozarks, Inc. (NASDAQ: OZRK) today announced that net income for the first quarter of 2017 was a record $89.2 million, a 72.6% increase from $51.7 million for the first quarter of 2016. Diluted earnings per common share for the first quarter of 2017 were a record $0.73, a 28.1% increase from $0.57 for the first quarter of 2016.
The Companys annualized returns on average assets, average common stockholders equity and average tangible common stockholders equity for the first quarter of 2017 were 1.93%, 12.80% and 17.17%, respectively, compared to 1.98%, 14.00% and 15.59%, respectively, for the first quarter of 2016.... More
