Is It Time to Book Some Profits Here?
It's undeniable that Bank of the Ozarks (NASDAQ: OZRK) is one of the best and most profitable regional banks in the U.S., but shares are right now being valued at over three times tangible book value when most others are at only half of that; a thought that resonates even more when coupled with the fact that management has been regularly selling shares over the last six months.