On July 16, Little Rock-based Bank OZK, formerly Bank of the Ozarks, celebrated the first day of trading under its new name and ticker symbol, OZK, marking the occasion by opening the market at Nasdaq. George Gleason, Bank OZK chairman and chief executive officer, was joined by executives from throughout the company to ring the opening bell at the Nasdaq MarketSite in New York City’s Times Square.
According to a statement released by the bank, “the company’s name change from Bank of the Ozarks to Bank OZK reflects our continuing evolution from an Arkansas community bank into a much larger regional bank with national lending businesses.”
“Today marks the beginning of a new journey—one that illustrates our bank’s evolution in a changing industry,” Gleason says. “Our new name reflects our rich history and our commitment to being a leader in technology and innovation as we continue our expansion across the United States.”
The Bank OZK name and new logo now appear on the bank’s website, mobile banking, branch interior signage, correspondence and documents. Exterior signage with the new name and logo will be installed at Bank OZK’s 253 banking offices and ATMs over the next 90 days.
Bank OZK operates 253 locations in Arkansas, Georgia, Florida, North Carolina, Texas, Alabama, South Carolina, New York, California and Mississippi. The bank had $22.2 billion in total assets as of June 30.
Published in Bankers Digest July 23, 2018