Key Developments: Bank of Ozarks Inc (OZRK.O)
44.37USD
17 May 2013
$0.47 (+1.07%)
$43.90
$43.97
$44.43
$43.82
128,154
154,631
$45.16
$27.83
Latest Key Developments (Source: Significant Developments)
Bank of Ozarks Inc Announces Increased Regular Quarterly Dividend
Bank of Ozarks Inc announced that its Board of Directors has approved a regular quarterly cash dividend of $0.17 per common share payable April 19, 2013 to shareholders of record as of April 12, 2013. The dividend of $0.17 per share represents an increase of $0.02 per share, or 13.3%, over the dividend paid in the previous quarter. Full Article
Bank of Ozarks Inc Announces Agreement to Acquire The First National Bank of Shelby in Shelby, North Carolina
Bank of Ozarks Inc announced that it has entered into a definitive agreement and plan of merger (Agreement) with The First National Bank of Shelby (First National Bank) in Shelby, North Carolina. According to the terms of the Agreement, Bank of the Ozarks, Inc. (Company) will acquire all of the outstanding common stock of First National Bank in a transaction valued at approximately $67.8 million, including $64.0 million of merger consideration for the outstanding common stock of the First National Bank and approximately $3.8 million representing the value of real property which is being simultaneously purchased from parties related to First National Bank and on which certain First National Bank offices are located. Closing of the transaction is expected to be accretive to the Company’s book value per common share and tangible book value per common share. The transaction is expected to be accretive to the Company’s diluted earnings per common share for the first twelve months after the transaction closes and thereafter. Full Article
Bank of Ozarks Inc Issues Q1 2013 Net Income Guidance In Line With Analysts' Estimates-Conference Call
Bank of Ozarks Inc announced that for the first quarter of 2013, it expects to achieve net income of $19.6 million or more. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report net income of $19.6 million for the first quarter of 2013. Full Article
Bank of Ozarks Inc Announces Increased Regular Quarterly Dividend
Bank of Ozarks Inc announced that its Board of Directors has approved a regular quarterly cash dividend of $0.15 per common share payable January 25, 2013 to shareholders of record as of January 18, 2013. The dividend of $0.15 per share represents an increase of $0.01 per share, or 7.1%, over the dividend paid in the previous quarter. Full Article
Bank of Ozarks Inc Announces Agreement to Acquire Genala Banc, Inc. in Geneva, Alabama
Bank of Ozarks Inc announced that it has entered into a definitive agreement and plan of merger (Agreement) with Genala Banc, Inc. According to the terms of the Agreement, the Company will acquire all of the outstanding common stock of Genala Banc, Inc. in a transaction valued at approximately $27.3 million. Following closing, the transaction is expected to be accretive to the Company`s book value per common share, tangible book value per common share and diluted earnings per common share. Genala Banc, Inc. is the holding company for The Citizens Bank, which operates one banking office in Geneva, Alabama. Full Article
Bank of Ozarks Inc Announces Increased Regular Quarterly Dividend
Bank of Ozarks Inc announced its Board of Directors has approved a regular quarterly cash dividend of $0.14 per common share payable October 19, 2012 to shareholders of record as of October 12, 2012. The dividend of $0.14 per share represents an increase of $0.01 per share, or 7.7%, over the dividend paid in the previous quarter. Full Article
Bank of the Ozarks, Inc. Announces Increased Regular Quarterly Dividend
Bank of the Ozarks, Inc. announced its Board of Directors has approved a regular quarterly cash dividend of $0.13 per common share payable July 20, 2012 to shareholders of record as of July 13, 2012. The dividend of $0.13 per share represents an increase of $0.01 per share, or 8.3%, over the dividend paid in the previous quarter. Full Article
Bank of the Ozarks, Inc. Announces Increased Regular Quarterly Dividend
Bank of the Ozarks, Inc announced its Board of Directors has approved a regular quarterly cash dividend of $0.12 per common share payable April 20, 2012 to shareholders of record as of April 13, 2012. The dividend of $0.12 per share represents an increase of $0.01 per share, or 9.1%, over the dividend paid in the previous quarter. Full Article
Bank of the Ozarks, Inc. Announces Increased Regular Quarterly Dividend
Bank of the Ozarks, Inc. announced that its Board of Directors has approved a regular quarterly cash dividend of $0.11 per common share payable January 20, 2012 to shareholders of record as of January 13, 2012. The dividend of $0.11 per share represents an increase of $0.01 per share, or 10%, over the dividend paid in the previous quarter. Full Article
Bank of the Ozarks, Inc. Announces Increased Regular Quarterly Dividend
Bank of the Ozarks, Inc. announced that its Board of Directors has approved a regular quarterly cash dividend of $0.10 per common share payable October 21, 2011 to shareholders of record as of October 14, 2011. Full Article
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