Bank OZK (OZK) Tops Q1 EPS by 2c
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Bank OZK Announces First Quarter 2019 Earnings
April 17, 2019 4:01 PM EDTLITTLE ROCK, Ark., April 17, 2019 (GLOBE NEWSWIRE) -- Bank OZK (the Bank) (Nasdaq: OZK) today announced that net income for the first quarter of 2019 was $110.7 million, a 2.2% decrease from net income of $113.1 million for the first quarter of 2018. The Banks net income for the first quarter of 2019 included no tax-exempt bank owned life insurance (BOLI) death benefits compared to $2.7 million in the first quarter of 2018. Diluted earnings per common share for the first quarter of 2019 were $0.86, a 2.3% decrease from $0.88 for the first quarter of 2018.
The Banks annualized returns on average assets, average common stockholders equity... More
