QUOTE AND NEWS
SeekingAlpha  Jul 22  Comment 
By Stephen Rosenman: Despite its meteoric rise, Bank of the Ozarks (NASDAQ:OZRK) has another potential double in it. Since my last article, critical information has come to light that can propel the stock much higher. To date, the analyst...
Motley Fool  Jul 16  Comment 
Although Bank of the Ozarks may have good operations, its expensive book value lowers the expectations for healthy returns.
Benzinga  Jul 16  Comment 
In a report published Wednesday, Wunderlich Securities analyst Kevin Reynolds reiterated a Hold rating on Bank of the Ozarks (NASDAQ: OZRK), and raised the price target from $30.00 to $32.00. In the report, Wunderlich Securities noted, “We...
SeekingAlpha  Jul 15  Comment 
Bank of the Ozarks, Inc. (NASDAQ:OZRK) Q2 2014 Earnings Conference Call July 15, 2014 11:00 ET Executives Susan Blair - Executive Vice President, Investor Relations George Gleason - Chairman and Chief Executive Officer ...
TheStreet.com  Jul 15  Comment 
NEW YORK (TheStreet) -- Bank of the Ozarks shares closed trading up 1.9% to $33.58 on Tuesday following the release of the company's second quarter earnings results.The bank reported an EPS of 34 cents, 1 cent better than analysts were expecting,...
Motley Fool  Jul 15  Comment 
Bank of The Ozarks has a lot going for itself and convinces investors with a variety of metrics that justify its premium valuation.
DailyFinance  Jul 14  Comment 
Bank of the Ozarks, Inc. (NASDAQ: OZRK) today announced that net income for the second quarter of 2014 was $26.5 million, a 29.9% increase from $20.4 million for the second quarter of 2013. Diluted earnings per common share...
StreetInsider.com  Jul 11  Comment 
The Trading Radar highlights key earnings and economic announcements for the next trading session: Before Markets Open: Earnings: Citigroup, Inc. (NYSE: C) - consensus EPS $1.10 SemiLEDs Corp. (Nasdaq: LEDS) - consensus loss $0.25 After Markets...
Forbes  Jul 7  Comment 
Looking at the universe of stocks we cover at Dividend Channel, on 7/8/14, UDR Inc (NYSE: UDR), Bank of the Ozarks, Inc. (NASD: OZRK), and Aetna Inc. (NYSE: AET) will all trade ex-dividend for their respective upcoming dividends. UDR Inc will pay...
DailyFinance  Jul 3  Comment 
Bank of the Ozarks, Inc. (NASDAQ: OZRK) expects to report second quarter earnings at the close of business Monday, July 14, 2014. Management plans to conduct a conference call to review this information at 10:00 a.m. CDT...




 
TOP CONTRIBUTORS

Bank of the Ozarks, Inc. is a bank holding company. The Company wholly owns a state-chartered bank subsidiary, Bank of the Ozarks (the Bank). As of December 31, 2010, the Bank conducts banking operations through 66 offices in Arkansas, seven in Texas, ten in Georgia, three in Florida, two in North Carolina, and one each in South Carolina and Alabama.[1] The Company provides a range of retail and commercial banking services, including loaning, checking, savings, money market, time deposit and individual retirement accounts. The company does not earn revenue outside of the United States and only operates in one segment: community banking.

Business Growth

During 2010, the company earned net income of $64 million, a 73.8% increase from the previous year., while diluted earnings per share was $3.75, a 72% increase from the previous year. Net interest for the year increased 2.5% to $133.6 million, due to an improvement in the Company’s net interest margin, which increased 38 basis points to 5.18% in 2010. Additionally, the Company's four FDIC-assisted acquisitions resulted in the addition of higher yielding covered loans.[2]

Trends and Forces

Exposure to lending/credit risks

With its activity in loaning, the company has high exposure to credit risk, and relies on accurately predicting how well its customers will repay their loans. The corporation must maintain proactive credit risk management and constantly weigh ongoing economic factors--should they overestimate its customers' ability to repay loans, the bank's overall performance will suffer.

Exposure to market conditions

Changes in interest rates inversely affect a bank's net interest margin — the difference between the yield the bank earns on assets and the interest rate it pays for deposits and other sources of funding. Interest rate fluctuations, such as in the Federal Funds Rate (the rate at which financial institutions lend federal funds to other depository institutions) and Prime Rate (rate at which banks lend to their highest-credited consumers) affect bank products such as loans, deposits, securities, and short-term lending. As interest rates rise, banks are forced to pay higher rates on deposits and other interest bearing accounts. Meanwhile consumer demand for mortgages and other loan products diminishes as borrowing becomes more expensive. The combination of these two effects reduces both the volume of loans and the profitability of each loan. Rising interest rates also have the potential to increase a bank's defaults as holders of adjustable rate mortgages find themselves unable to meet their obligations.

Competition

In addition to commercial and savings banks, the Bank of the Ozarks also competes with credit unions and other financial service firms. Other banks with large presence in Arkansas include:[3]




References

  1. OZRK 2010 Annual Report Pg. 5
  2. OZRK 2010 Annual Report Pg. 11
  3. [1]
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