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

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Bank of the Ozarks Announces Second Quarter 2018 Earnings

July 11, 2018 4:00 PM EDT

LITTLE ROCK, Ark.--(BUSINESS WIRE)-- Bank of the Ozarks (the Bank) (Nasdaq: OZRK) today announced that net income for the second quarter of 2018 was $114.8 million, a 26.8% increase from the second quarter of 2017. Diluted earnings per common share for the second quarter of 2018 were $0.89, a 21.9% increase from the second quarter of 2017.

For the six months ended June 30, 2018, net income totaled $227.9 million, a 26.8% increase from the first six months of 2017. Diluted earnings per common share for the first six months of 2018 were $1.77, a 21.2% increase from the first six months of 2017.

The Banks annualized... More