Here’s how much it will cost Bank of the Ozarks to change its name

Bank of the Ozarks expects one-time expenses of between $15 million and $25 million due to its planned named change.

The Little Rock, Arkansas-based bank, one of the larger retail banks in the Tampa Bay area, said last month it would change its name to Bank OZK, pending approval by shareholders in May as well as the Arkansas State Bank Department.

Assuming approval, the name change will take effect on or about July 16, Bank of the Ozarks (NASDAQ: OZRK) said in prepared management comments as part…

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