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$OZRK said total payoffs and paydowns were approx. $1Bil in 3Q16. The company is originating $2-3Bil of loans per quarter and it expects the number of originations to increase. Looking at YoverY growth, $OZRK has had a 60% plus growth rate in non-purchased loans and leases.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!