NEW YORK ( TheStreet) -- Bank of the Ozarks (Nasdaq: OZRK) hit a new 52-week high Friday as it is currently trading at $28.60, above its previous 52-week high of $28.35 with 72,932 shares traded as of 10:15 a.m. ET. Average volume has been 274,900 shares over the past 30 days.

Bank of the Ozarks has a market cap of $948.8 million and is part of the financial sector and banking industry. Shares are up 29.5% year to date as of the close of trading on Thursday.

Bank of the Ozarks, Inc. operates as the bank holding company for Bank of the Ozarks that provides a range of retail and commercial banking services. The company's deposit products include checking, savings, money market, time deposit, and individual retirement accounts. The company has a P/E ratio of 9.4, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Bank of the Ozarks as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Bank of the Ozarks Ratings Report.

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