On Jan. 16, Bank of the Ozarks
- The company delivered impressive loan and deposit growth by opening new branches, but performance ratios suffered.
- Aggressive pricing on deposits resulted in a steep drop to the net interest margin.
- Eleven new branches opened during the year, bringing the count to 62.
- Have an opinion on Bank of the Ozark's growth strategy? Bring it to CAPS and let us know.
(Figures in thousands, except per-share data)
Income Statement Highlights
FY 2006 |
FY 2005 |
Change |
|
---|---|---|---|
Total Revenue |
$91,501 |
$85,528 |
7.0% |
Net Interest Income |
$70,720 |
$68,576 |
3.1% |
Net Profit |
$31,693 |
$31,489 |
0.6% |
EPS |
$1.89 |
$1.88 |
0.5% |
Get back to basics with a look at the income statement.
Ratio Checkup
FY 2006 |
FY 2005 |
Change* |
|
---|---|---|---|
Net Interest Margin |
3.49% |
4.18% |
(0.69%) |
Efficiency Ratio |
47.07% |
43.43% |
3.64% |
Nonperforming Assets / Assets |
0.24% |
0.18% |
0.06% |
Return on Average Assets |
1.34% |
1.65% |
(0.31%) |
Return on Average Equity |
20.03% |
22.95% |
(2.92%) |
Find out more about bank ratios.
Balance Sheet Highlights
Assets |
FY 2006 |
FY 2005 |
Change |
---|---|---|---|
Investments |
$620,132 |
$574,120 |
8.0% |
Loans |
$1,677,389 |
$1,370,723 |
22.4% |
Liabilities |
FY 2006 |
FY 2005 |
Change |
---|---|---|---|
Deposits |
$2,045,092 |
$1,591,643 |
28.5% |
Total Liabilities |
$2,354,767 |
$1,985,479 |
18.6% |
Learn about bank assets and bank liabilities.
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Financial Services editor Joey Khattab does not own any of the shares mentioned. The Motley Fool has a disclosure policy.