Company Quick10K Filing
Bank of The Ozarks
10-Q 2017-03-31 Filed 2017-05-05
10-K 2016-12-31 Filed 2017-03-01
10-Q 2016-09-30 Filed 2016-11-08
10-Q 2016-06-30 Filed 2016-08-08
10-Q 2016-03-31 Filed 2016-05-06
10-K 2015-12-31 Filed 2016-02-19
10-Q 2015-09-30 Filed 2015-11-06
10-Q 2015-06-30 Filed 2015-08-07
10-Q 2015-03-31 Filed 2015-05-08
10-K 2014-12-31 Filed 2015-02-27
10-Q 2014-09-30 Filed 2014-11-07
10-Q 2014-06-30 Filed 2014-08-07
10-Q 2014-03-31 Filed 2014-05-09
10-K 2013-12-31 Filed 2014-02-28
10-Q 2013-09-30 Filed 2013-11-07
10-Q 2013-06-30 Filed 2013-08-09
10-Q 2013-03-31 Filed 2013-05-10
10-K 2012-12-31 Filed 2013-02-28
10-Q 2012-09-30 Filed 2012-11-05
10-Q 2012-06-30 Filed 2012-08-08
10-Q 2012-03-31 Filed 2012-05-10
10-K 2011-12-31 Filed 2012-02-29
10-Q 2011-09-30 Filed 2011-11-08
10-Q 2011-06-30 Filed 2011-08-05
10-Q 2011-03-31 Filed 2011-05-05
10-K 2010-12-31 Filed 2011-03-10
10-Q 2010-09-30 Filed 2010-11-08
10-Q 2010-06-30 Filed 2010-08-09
10-Q 2010-03-31 Filed 2010-05-07
10-K 2009-12-31 Filed 2010-03-11

Bank of The Ozarks Financials

OZK Metrics, Comps, Filings

Quarterly | Annual

Business

Unless this Annual Report on Form 10-K indicates otherwise, or the context otherwise requires, the terms "we," "our," "us," and "the Company," as used herein refer to Bank of the Ozarks, Inc. and its subsidiaries, including Bank of the Ozarks, which we sometimes refer to as "Bank of the Ozarks," "our bank subsidiary," or "the Bank."

The disclosures set forth in this item are qualified by "Item 1A. Risk Factors," the section captioned "Forward-Looking Information" and other cautionary statements set forth elsewhere in this Annual Report on Form 10-K.

Bank of the Ozarks, Inc. (the "Company") was incorporated in June 1981 as an Arkansas corporation and is a bank holding company registered under the Bank Holding Company Act of 1956. We own an Arkansas state chartered subsidiary bank, Bank of the Ozarks (the "Bank"). At December 31, 2016, the Company, through the Bank, conducted operations through 250 offices, including offices in Arkansas, Georgia, Florida, North Carolina, Texas, Alabama, South Carolina, New York and California. At December 31, 2016, we own Ozark Capital Statutory Trust II, Ozark Capital Statutory Trust III, Ozark Capital Statutory Trust IV and Ozark Capital Statutory Trust V (collectively, the "Ozark Trusts"), and, as a result of our February 10, 2015 acquisition of Intervest Bancshares Corporation ("Intervest"), we own Intervest Statutory Trust II, Intervest Statutory Trust III, Intervest Statutory Trust IV and Intervest Statutory Trust V (collectively, the "Intervest Trusts"; and together with the Ozark Trusts, the "Trusts"). Each of the Trusts is a 100%-owned finance subsidiary business trust formed in connection with the issuance of certain subordinated debentures and related trust preferred securities. We also own, indirectly through the Bank, a subsidiary that holds our investment securities, a subsidiary engaged in the development of real estate, a subsidiary that owns private aircraft and various other entities that hold loans, foreclosed assets or tax credits or engage in other activities. At December 31, 2016, we had total assets of $18.89 billion, total loans and leases, including purchased loans, of $14.56 billion, total deposits of $15.57 billion and total common stockholders' equity of $2.79 billion. Net interest income for 2016 was $601.5 million, net income available to common stockholders was $270.0 million and diluted earnings per common share were $2.58.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Cullen/Frost Bankers (CFR) 5,632 0% 10.4 1% 33,098 29,217 1,022 0 340 541 5,632
First Citizens Bancshares (FCNCA) 5,339 12.3 1% 37,748 34,180 0 0 355 421 5,162
Synovus Financial (SNV) 5,313 6.0 1% 47,661 42,792 0 0 517 1,050 6,284
Popular (BPOP) 5,286 5.2 1% 52,480 46,572 0 0 504 913 4,778
First Horizon National (FHN) 5,154 0% 4.9 1% 43,718 38,722 1,333 0 331 750 3,658
Prosperity Bancshares (PB) 4,935 11.1 1% 22,093 17,966 0 0 246 406 4,514
Bank of The Ozarks (OZK) 4,754 6.5 2% 19,152 16,276 0 0 308 585 3,825
Western Alliance (WAL) 4,743 4.9 2% 26,324 23,401 0 0 492 785 3,871
First Financial (FFIN) 4,548 26.5 2% 8,114 6,909 0 0 123 172 4,548
CIT Group (CIT) 4,455 6.0 1% 51,403 45,370 0 0 491 1,499 9,053
Pinnacle Financial Partners (PNFP) 4,351 6.2 1% 27,548 23,253 0 0 400 702 4,351
PacWest Bancorp (PACW) 4,294 0% 5.7 2% 26,725 21,805 1,042 0 466 839 4,811
Webster Financial (WBS) 4,189 0% 6.4 1% 29,895 26,743 157 0 391 688 4,435
Sterling Bancorp (STL) 4,168 0% 8.0 1% 30,078 25,557 20 0 435 852 6,797
Iberiabank (IBKC) 4,053 7.1 1% 31,735 27,451 0 0 302 636 4,516
United Bankshares (UBSI) 3,949 11.0 1% 19,751 16,397 0 0 261 511 5,622
Wintrust Financial (WTFC) 3,774 0% 4.3 1% 34,912 31,372 1,088 0 349 780 3,325
Glacier Bancorp (GBCI) 3,727 0% 11.3 1% 13,719 11,765 55 0 203 294 3,320
FNB (FNB) 3,714 5.7 1% 34,329 29,509 0 0 392 778 4,445
Valley National Bancorp (VLY) 3,707 5.8 1% 33,766 30,207 0 0 349 937 5,460

Balance Sheet ($MM)2011-06-302011-09-302012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-31
Cash8169144661272081636112419618811111215042951528291623807970866929
Accounts Receivable
Inventory
PP&E181184202220222268227226245295255265268331282285296364300305503587507
Assets4,0273,9313,8373,7653,8234,0403,9524,0444,7064,7875,0296,2986,5806,7668,3038,7109,3299,87911,42712,28018,45218,89019,152
Accounts Payable
Long-Term Debt
Liabilities3,6383,5203,3913,3023,3423,5293,4253,5094,0954,1594,3725,4445,7015,8557,1217,4988,0128,4129,91610,71915,69216,09516,276
Stockholders' Equity3864074434604785085245316086256538508769081,1791,2091,3151,4651,5081,5572,7562,7922,873
Income Statement ($MM)2011-06-302011-09-302012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-31
Revenue
Cost of Revenue
Gross Profit
R&D
SG&A111111211
Tax288161881092110149171617182423293132424947
Net Income5019181919212021222425263235404546515254768889
Cash Flow ($MM)2011-06-302011-09-302012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-31
Cash Operating-0-8-2-1-431297182281346-13212445239282142
Cash Investing111122-0392735-19883538-157-263-147227-267-494-802-994-605-71-615-215
Cash Financing-123-29-752259-11294-2959-647823717253542284871,480765143430135