BANK OF THE OZARKS INC

No Longer Reporting

The company has not filed an annual or quarterly report since its Q1 FY2017 10-Q, filed May 5, 2017. Its latest SEC filing is a SC 13G/A from Feb 11, 2022.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Provides deposit accounts, loans and leases, and other banking services to individuals, businesses, nonprofits and governmental entities.

How Did They Make Money?

Earns interest on loans, leases and investments, and fees from deposit accounts, mortgage lending and trust services. Net interest income is interest earned less interest paid on deposits and other borrowings.

FY2016 revenue

Who Were Their Customers?

The bank also offers credit cards to consumers and businesses, and merchant debit- and credit-card processing, through third-party providers.

Did Revenues Turn Into Profits?

Yes. It kept 41 cents of every revenue dollar as net income in FY2016.

Net income, FY2016

41% of revenue

▲ +48% vs FY2015 ($182.3M, 44%)

How Were They Changing?

Since the FY2016 annual report

Latest quarter: Q1 FY2017, the three months to Mar 31, 2017

Revenue: ▲ +76%; vs $121.7M in Q1 FY2016
Net income: ▲ +73%; vs $51.7M in Q1 FY2016

Jun 26, 2017 Parent holding company merged into its bank subsidiary The bank became the surviving publicly traded company; business operations, directors and executive officers did not change.

Grew. Revenue grew 3.4x in 4 years, from $195.9M in FY2012 to $662.6M in FY2016, about 36% a year.

Mobile banking The latest business description specifies consumer mobile deposits as part of online and mobile banking; the older description mentions electronic bill pay but not mobile deposits.

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