In depth view into bank ozk pricetotangiblebook explanation, calculation, historical data. Ozk stock bank of the ozarks registered stock price. Bank ozk is a bank holding company that owns and operates a community bank, bank of the ozarks. Home homepage membership levels membership data coverage complete stock list founders message the book value investing forum podcast free trial screeners value screens. View details for routing number 081504693 assigned to first midwest bank of the ozarks in piedmont, mo.
Routing number 081504693 first midwest bank of the. Bcar jointly disclosed on wednesday that a definitive agreement and plan of merger and reorganization agreement was signed by both companies, whereby ozrk will acquire bcar and its whollyowned bank subsidiary, bank of the carolinas, in an all. Used boat values boat prices boat valuation what is a used boat worth. The calculations of the banks tangible common stockholders equity and tangible book value per common share and the reconciliations to gaap are included in the schedules accompanying this release. At bank ozk, we offer an incredible array of the very best personal and business banking services. This is the financialssite for the company bank of the ozarks registered on markets insider. Sadoff is the chief information officer of fenics, a business of bgc partners, inc. It not only a good deal for our shareholders, but it is one for theirs, too, gleason says.
Buying stocks below book value is a classic bargain hunters strategy. Ozk earnings call for the period ending january 16, 2020. Each year the bank has been profitable and not surprisingly, the bank was prepared during the financial crisis. How did bank of the ozarks perform compared to its peers. That price is an outlier in the ultracompetitive lone star state, where sellers can still fetch more than two times tangible book.
Use this boat pricing tool to find used boat values, used boat prices and the market value of a boat you want to sell or purchase. It provides retail and commercial banking products and services. Bank of the ozarks announces first quarter 2018 earnings. Learn about ozk with our data and independent analysis including price, star rating, valuation, dividends, and financials. The bank offers savings accounts, personal and business loans, debit and credit cards, letter of credit, certificate of deposits, mortgages, equipment financing, cash management and online banking services. Moreover, upon closing, the deal is projected to be immediately accretive to bank of the ozarks book value per common share and its tangible book value per common share. Bank of the ozarks provides a wide range of retail and commercial banking services, but principally concentrates its activities in real estate loans, which account for the great majority of. Routing number 086518477 central bank of the ozarks. View the past portfolios and latest news on bank of the ozarks. Valuation metrics show that bank ozk may be undervalued. The story of intelligent fanatic george gleason valuewalk. How to figure the book value of bank stock finance zacks. Withdrawing premium and dividends from bank of the ozarks.
Compared with the others, bank of the ozarks looks expensive, with a pricetobook ratio of 2. The current chapter of the bank started 1979, when current ceo and chairman george gleason took control of the bank. The bank has grown significantly over the last 25 years, growing from. Corporate profile bank ozk is a respected and profitable banking organization, noted for its excellent loan and deposit growth, asset quality and earnings.
Bank of the ozarks calculation of total tangible common stockholders equity and tangible book value per common share unaudited march 31, 2018 2017 in thousands, except per share amounts total. View details for routing number 086518477 assigned to central bank of the ozarks in springfield, mo. Sometimes it seems like bank of the ozarks is the only show left in town, lending hundreds of millions to developers across the city amid a condo financing drought. The fool has written over 100 articles on bank of the ozarks. The company provides a range of retail and commercial banking services. Bank ozk is currently concentrated in the southeastern u. Bank of the ozarks closes acquisition of bank of carolinas. How one stock has crushed the competition for 10 years running. Bank of the west offers a variety of financial services.
Bank of ozarks drops 23%, analysts weigh in after year. Further, the transaction is expected to be accretive to bank of the ozarks earnings per share including transaction cost in a range of 24 cents and 710 cents for. In 2009, first trust advisors launched an etf devoted exclusively to. In depth view into bank ozk price to book value including historical data from 1997, charts, stats and industry comps. Bank of the ozarks closes bank of the carolinas deal. Sadoff was a managing director for bank of america merrill lynch from 20 to 2017, overseeing technology globally for central risk book, electronic trading, sales, research and capital markets. Bank of the ozarks announces record fourth quarter and. Simultaneous with the closing, bcars whollyowned bank subsidiary, bank of the carolinas merged with and into the companys whollyowned bank subsidiary, bank of the ozarks and it also said that bcar had about usd345m of total assets, usd277m of loans, usd296m of deposits and usd48m in common stockholders equity, as of 30 june 2015. Bank ozk was named best bank in the south for 20192020 by money, the personal finance news and advice brand. Bank of the ozarks, terra capital help finance planned 23unit project at 30 warren. Closing of the transaction is expected to be immediately accretive to the companys book value per common share and its tangible book value per common share.
Book value can refer to several ways to analyze a business, but when it comes to bank stocks, the book value pertains to the net asset value of the company. Moreover, the deal is projected to be immediately accretive to bank of the ozarks book value per common share and its tangible book value per common share. The bank holding company also owns a number of finance subsidiary business trusts formed in connection with the issuance of debt and preferred securities. Data shown on this page is extracted directly from the companys documents. Get the latest bank of the ozarks registered stock price and detailed information including ozk news, historical charts and realtime prices. Bank of the ozarks acquisitions get two regulatory nods. Ozrk and bank of the carolinas corporation bcar otc pink. The stock is too rich for me to buy at over 20x earnings and over 3x book value, but this just might be. Bank of the ozarksc1 financial deal gets shareholders nod. Its value score of b indicates it would be a good pick for value investors. Longshort equity, deep value, special situations bank of the ozarks ozrk, a regional bank based in arkansas, seizes opportunity like few other financial institutions.
The pbv pricetobook value ratios of bank of the ozarks, regions financial, home bancshares, united bankshares, and bancorpsouth are. Community bank of the ozarks, sunrise beach, missouri the receiver, bank of sullivan, organized under the laws of the state of missouri, and. The stock is not cheap on the metrics i usually use, at. Bank of the ozarks has exceptional credit discipline. Bank ozk formerly bank of the ozarks is a regional bank headquartered in little rock, arkansas with more than 250 locations in ten states. Get the latest bank of the ozarks registered stock price and detailed information including ozk. We see some steep swings in the price to book ratio for bank ozk, but we can see that the average has been around 2 for the last two decades. The book value of any item shall be determined as of the bank closing date after adjustments made by the receiver for differences. Bank of the ozarks registered financials markets insider. Go for banks that grow their book value at a high rate. Bank of the ozarks is a community bank headquartered in little rock, arkansas. The deal, which marked bank of the ozarks fourteenth and largest acquisition since mar 2010, is expected to be immediately accretive to the companys book value per common share and its tangible. Book value growth has averaged 27% annually for the past five years. Fifteen acquisitions have occurred since 2010 making bank of the ozarks the largest bank in arkansas.
52 260 184 694 828 1420 177 1196 1440 304 40 1467 1189 400 1368 180 506 1273 738 293 244 26 1243 624 474 25 19 916 624 260 455 705 816 900 35 1056 953 594