Bank of the Ozarks (OZRK) Reports In-Line Q2 EPS

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Go back to Bank of the Ozarks (OZRK) Reports In-Line Q2 EPS

Bank of the Ozarks Announces Record Second Quarter 2017 Earnings

July 12, 2017 7:00 AM EDT

LITTLE ROCK, Ark.--(BUSINESS WIRE)-- Bank of the Ozarks (the Bank) (NASDAQ: OZRK) today announced that net income for the second quarter of 2017 was a record $90.5 million, a 66.2% increase from $54.5 million for the second quarter of 2016. Diluted earnings per common share for the second quarter of 2017 were $0.73, a 21.7% increase from $0.60 for the second quarter of 2016.

For the six months ended June 30, 2017, net income totaled $179.7 million, a 69.3% increase from net income of $106.2 million for the first six months of 2016. Diluted earnings per common share for the first six months of 2017 were $1.46, a 25.9% increase... More