Bank OZK

Bank OZK Announces Increase to Quarterly Common Stock Dividend and Announces Preferred Stock Dividend

Retrieved on: 
Monday, April 1, 2024

The common stock dividend is payable on April 19, 2024 to shareholders of record as of April 12, 2024.

Key Points: 
  • The common stock dividend is payable on April 19, 2024 to shareholders of record as of April 12, 2024.
  • Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty-five quarters.
  • Bank OZK’s consistent track record of increasing its common stock dividend has led to it being included in the S&P High Yield Dividend Aristocrats® index (Ticker: SPHYDA) since January 2018.
  • Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence.

Bank OZK Announces Date for First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Thursday, March 28, 2024

LITTLE ROCK, Ark., March 28, 2024 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) expects to report its first quarter 2024 earnings after the market closes on Wednesday, April 17, 2024.

Key Points: 
  • LITTLE ROCK, Ark., March 28, 2024 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) expects to report its first quarter 2024 earnings after the market closes on Wednesday, April 17, 2024.
  • Management’s comments on the first quarter of 2024 will be released simultaneously with the earnings press release and will be available on the Bank’s investor relations website.
  • Management will conduct a conference call to take questions at 9:00 a.m. CT (10:00 a.m.
  • Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence.

Dime Announces Significant Expansion of Private and Commercial Bank With Launch of National Deposits Group

Retrieved on: 
Tuesday, March 12, 2024

HAUPPAUGE, N.Y., March 12, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), continues to execute its growth plan and announced today the launch of a National Deposits Group.

Key Points: 
  • HAUPPAUGE, N.Y., March 12, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), continues to execute its growth plan and announced today the launch of a National Deposits Group.
  • The new National Deposits Group will consist of:
    Martin Ball – Head of National Deposits.
  • Mr. Ball was previously Head of National Deposits at Valley Bank and prior to that an EVP of Bank OZK
    Glen Carballo – Director of National Deposits.
  • With the launch of the National Deposits Group, our Private and Commercial Bank will have another growth engine in the years ahead.”

Oak Row Equities Closes $181M Construction Loan from Bank OZK for 2600 Biscayne Boulevard in Edgewater, Miami

Retrieved on: 
Tuesday, March 12, 2024

The transaction is one of the largest mixed-used construction loans to close in South Florida in the past year.

Key Points: 
  • The transaction is one of the largest mixed-used construction loans to close in South Florida in the past year.
  • View the full release here: https://www.businesswire.com/news/home/20240312237731/en/
    Oak Row Equities, a vertically integrated private equity and real estate development company with over $1.6B of development in South Florida, just closed on a $181M construction loan from Bank OZK for 2600 Biscayne Boulevard, a Class AAA office and multifamily tower in Miami’s Edgewater submarket.
  • (Photo: Business Wire)
    “We’re thrilled to close on this sophisticated transaction, one of the largest mixed-use loans in Miami this year,” says Erik Rutter, Managing Partner of Oak Row Equities.
  • “Oak Row Equities is a top-tier sponsor and Bank OZK is pleased to partner with this impressive team on financing for 2600 Biscayne Boulevard,” stated Greg Newman, Senior Managing Director of Originations at Bank OZK.

Bank OZK Fourth Quarter and Full Year 2023 Management Comments

Retrieved on: 
Thursday, January 18, 2024

LITTLE ROCK, Ark., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Bank OZK’s (the “Bank”) (Nasdaq: OZK) fourth quarter and full year 2023 management comments are now available on the Bank’s investor relations website https://ir.ozk.com .

Key Points: 
  • LITTLE ROCK, Ark., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Bank OZK’s (the “Bank”) (Nasdaq: OZK) fourth quarter and full year 2023 management comments are now available on the Bank’s investor relations website https://ir.ozk.com .
  • Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence.
  • Established in 1903, Bank OZK conducts banking operations in approximately 240 offices in eight states including Arkansas, Georgia, Florida, North Carolina, Texas, New York, California and Mississippi and had $34.24 billion in total assets as of December 31, 2023.
  • To receive automated email alerts for these materials please visit https://ir.ozk.com/other/email-alerts to sign up.

Bank OZK Announces Record Fourth Quarter and Full Year 2023 Earnings

Retrieved on: 
Thursday, January 18, 2024

LITTLE ROCK, Ark., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) today announced that net income available to common stockholders for the fourth quarter of 2023 was a record $171.1 million, a 7.7% increase from $158.8 million for the fourth quarter of 2022.

Key Points: 
  • LITTLE ROCK, Ark., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) today announced that net income available to common stockholders for the fourth quarter of 2023 was a record $171.1 million, a 7.7% increase from $158.8 million for the fourth quarter of 2022.
  • Diluted earnings per common share for the fourth quarter of 2023 were a record $1.50, an 11.9% increase from $1.34 for the fourth quarter of 2022.
  • Pre-tax pre-provision net revenue (“PPNR”) was $262.6 million for the fourth quarter of 2023, an 8.9% increase from $241.0 million for the fourth quarter of 2022.
  • The results for the fourth quarter and full year of 2023 include the impact of a $9.9 million FDIC special assessment recorded during the fourth quarter of 2023.

Bank OZK Announces Increase to Quarterly Common Stock Dividend and Announces Preferred Stock Dividend

Retrieved on: 
Tuesday, January 2, 2024

The common stock dividend is payable on January 23, 2024 to shareholders of record as of January 16, 2024.

Key Points: 
  • The common stock dividend is payable on January 23, 2024 to shareholders of record as of January 16, 2024.
  • Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty-four quarters.
  • Bank OZK’s consistent track record of increasing its common stock dividend has led to it being included in the S&P High Yield Dividend Aristocrats® index (Ticker: SPHYDA) since January 2018.
  • Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence.

Bank OZK Announces Date for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

Retrieved on: 
Thursday, December 28, 2023

LITTLE ROCK, Ark., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) expects to report fourth quarter and full year 2023 earnings after the market closes on Thursday, January 18, 2024.

Key Points: 
  • LITTLE ROCK, Ark., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) expects to report fourth quarter and full year 2023 earnings after the market closes on Thursday, January 18, 2024.
  • Management’s comments on the fourth quarter and full year 2023 will be released simultaneously with the earnings press release and will be available on the Bank’s investor relations website.
  • Management will conduct a conference call to take questions at 10:00 a.m. CT (11:00 a.m.
  • Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence.

Randall Bond Joins Bank OZK as Regional Director for Trust and Wealth Group in Arkansas and Texas

Retrieved on: 
Tuesday, November 14, 2023

LITTLE ROCK, Ark., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Bank OZK (Nasdaq: OZK) announced today that Randall “Randy” Bond has joined the company as Regional Director for the bank’s Trust and Wealth Group where he will oversee the Arkansas and Texas markets.

Key Points: 
  • LITTLE ROCK, Ark., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Bank OZK (Nasdaq: OZK) announced today that Randall “Randy” Bond has joined the company as Regional Director for the bank’s Trust and Wealth Group where he will oversee the Arkansas and Texas markets.
  • In this role, Bond will lead an experienced team of trust professionals focused on the wealth management, fiduciary, advisory and planning needs of Bank OZK clients.
  • “Randy is a proven wealth management leader and Bank OZK is excited to have him join our team,” stated Chris Henry, Managing Director, Trust and Wealth.
  • Before leading trust and wealth strategy at Texas Capital Bank, Bond served as the Fiduciary Market Manager for Texas and Arizona for PNC Bank.

Fulton Street Companies and Skender Break Ground on 409,000-square-foot Office Building at 919 W Fulton Street in Chicago

Retrieved on: 
Wednesday, November 15, 2023

CHICAGO, Nov. 15, 2023 /PRNewswire/ -- Skender joined developer Fulton Street Companies and community leaders today to celebrate the groundbreaking of 919 W Fulton Street, a new 11-story mixed-use office development in Chicago's Fulton Market neighborhood.

Key Points: 
  • CHICAGO, Nov. 15, 2023 /PRNewswire/ -- Skender joined developer Fulton Street Companies and community leaders today to celebrate the groundbreaking of 919 W Fulton Street, a new 11-story mixed-use office development in Chicago's Fulton Market neighborhood.
  • "Today's groundbreaking event is a win for Chicago," said Alex Najem, Founder and CEO of Fulton Street Companies.
  • "We have assembled the very best organizations and companies, led by exceptional people, to remind the world that we can – and will – continue to build in downtown Chicago.
  • Our team is proud to bring this prominent office building to the nation's fastest-growing urban office submarket."