Bank OZK (OZK) Misses Q3 EPS by 32c

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Go back to Bank OZK (OZK) Misses Q3 EPS by 32c

Bank OZK Announces Third Quarter 2018 Earnings

October 18, 2018 4:01 PM EDT

LITTLE ROCK, Ark.--(BUSINESS WIRE)-- Bank OZK (the Bank) (Nasdaq: OZK) today announced that net income for the third quarter of 2018 was $74.2 million, a 22.7% decrease from the third quarter of 2017. Diluted earnings per common share for the third quarter of 2018 were $0.58, a 22.7% decrease from the third quarter of 2017.

On July 16, 2018, the Bank changed its name to Bank OZK, changed its ticker symbol to OZK, and adopted a new logo and signage, all as part of a strategic rebranding. As a result of this name change and strategic rebranding, the Bank incurred pretax expenses of... More