OZK - Bank OZK

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Bank OZK

17901 Chenal Parkway
Little Rock, AR 72223
United States
501-978-2265
http://www.ozk.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees2,678

Key Executives

NameTitlePayExercisedYear Born
Mr. George G. Gleason IIChairman & CEO2.52M1.75M1954
Mr. Gregory L. McKinneyCFO & Chief Accounting Officer1.04M585.28k1968
Mr. Tim Hicks CPAChief Admin. Officer & Exec. Director of Investor Relations1.03MN/A1973
Mr. Paschall Brannon HamblenExec. Officer & Pres and COO - Real Estate Specialties Group (RESG)961.9kN/A1966
Mr. Dennis JamesExec. VP and Director of Regulatory & Gov. RelationsN/AN/A1951
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Bank OZK provides retail and commercial banking services to businesses, individuals, and non-profit and governmental entities. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. Its loan products include loans secured by residential 1-4 family, non-farm/non-residential, agricultural, construction/land development, multifamily residential properties, and other land loans; small business and consumer loans; indirect consumer marine and RV loans; small business administration, farm service agency, and USDA guaranteed loans; commercial and industrial loans; and loans to businesses or individuals engages in the production of timber, poultry, livestock, or crops. The company also ACH, wire transfer, zero balance accounts, transaction reporting, wholesale lockbox, remote deposit capture, automated credit line transfer, investment sweep accounts, reconciliation, positive pay, and merchant and commercial card services. In addition, it provides personal trusts, custodial accounts, investment management accounts, and retirement accounts; and trustee, paying agent and registered transfer agent services, and other incidental services. Further, the company is involved in the provision of real estate appraisals; ATMs; telephone banking; electronic bill pay and mobile deposits; debit cards; safe deposit boxes; investment securities services; and other products and services, as well as processes merchant debit and credit card transactions, as well as real estate development and corporate aircraft businesses. As of December 31, 2018, it operated 251 offices in Arkansas, Georgia, Florida, North Carolina, Texas, Alabama, South Carolina, California, New York, and Mississippi. The company was formerly known as Bank of the Ozarks and changed its name to Bank OZK in July 2018. Bank OZK was founded in 1903 and is headquartered in Little Rock, Arkansas.

Corporate Governance

Bank OZK’s ISS Governance QualityScore as of July 29, 2019 is 2. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 3; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.