GlobeNewswire Inc | Oct 1, 2020 04:01PM EDT

October 01, 2020

LITTLE ROCK, Ark., Oct. 01, 2020 (GLOBE NEWSWIRE) -- Bank OZK (Nasdaq: OZK) announced its Board of Directors has approved a regular quarterly cash dividend of $0.275 per common share payable October 19, 2020 to shareholders of record as of October 12, 2020. The dividend of $0.275 per common share represents an increase of $0.0025 per common share, or 0.92%, over the dividend paid in the previous quarter. Bank OZK has increased its quarterly cash dividend in each of the last forty-one quarters.

GENERAL INFORMATIONBank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Bank OZK was named Best Bank in the South for 2019-2020 by Money, the personal finance news and advice brand. Established in 1903, Bank OZK conducts banking operations through more than 250 offices in ten states including Arkansas, Georgia, Florida, North Carolina, Texas, Alabama, South Carolina, New York, California and Mississippi and had $26.38 billion in total assets as of June 30, 2020. Bank OZK can be found atwww.ozk.comand onFacebook,TwitterandLinkedInor contacted at (501) 978-2265 or P.O. Box 8811, Little Rock, Arkansas 72231-8811.

The Bank files annual, quarterly and current reports, proxy materials, and other information required by the Securities Exchange Act of 1934 with the Federal Deposit Insurance Corporation (FDIC), copies of which are available electronically at the FDICs website at https://efr.fdic.gov/fcxweb/efr/index.htmland are also available on the Banks investor relations website atir.ozk.com. To receive automated email alerts for these materials please visit http://ir.ozk.com/EmailNotificationto sign up.

Investor Relations Contact: Tim Hicks, (501) 978-2336Media Contact: Susan Blair, (501) 978-2217