LITTLE ROCK, Ark., March 31, 2025 (GLOBE NEWSWIRE) -- Bank OZK (the "Bank") (Nasdaq: OZK) expects to report its first quarter 2025 earnings after the market closes on Wednesday, April 16, 2025. Management's comments on the first quarter of 2025 will be released simultaneously with the earnings press release and will be available on the Bank's investor relations website. Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of ...

LITTLE ROCK, Ark., March 31, 2025 (GLOBE NEWSWIRE) -- Bank OZK (the "Bank") (NASDAQ:OZK) expects to report its first quarter 2025 earnings after the market closes on Wednesday, April 16, 2025. Management's comments on the first quarter of 2025 will be released simultaneously with the earnings press release and will be available on the Bank's investor relations website. The Bank files annual, quarterly and current reports, proxy materials, and other information required by the Securities Exchange Act of 1934 ...

Group 1 - The article emphasizes a dividend-focused value investment strategy that prioritizes capital preservation and steady income growth [1] - The author shares insights from a diversified dividend stock portfolio, highlighting high-quality value stocks that provide meaningful growth and long-term safety [1] Group 2 - The author has a beneficial long position in the shares of OZK, indicating a personal investment interest in the company [2] - The article is presented as a personal opinion and does not involve compensation from any company mentioned [2]

Core Viewpoint - Bank OZK is well-positioned for growth due to a diversified loan portfolio, efforts to improve fee income, organic expansion, and interest rate cuts, but faces challenges from deteriorating asset quality and high expenses [1] Group 1: Growth Drivers - Bank OZK's growth strategy includes a de novo branching strategy and inorganic measures, with revenues showing a compound annual growth rate (CAGR) of 10.8% over the last five years, driven by loan growth (11.1% CAGR) and fee income (4.3% of total revenues in 2024) [2] - The bank plans to expand its retail branch network by 10% by the end of the year from the current 232 branches [2] - Total net revenues and loans are projected to grow at a CAGR of 4.1% each by 2027, with net interest income expected to grow at 4.2%, trust income at 9%, and loan service fees at 9.7% [4] Group 2: Interest Rate Impact - Bank OZK anticipates that net interest margin (NIM) will stabilize as the cost of interest-bearing deposits declines due to Federal Reserve interest rate cuts, with NIM contracting from 5.16% in 2023 to 4.56% in 2024 [5] - NIM is expected to improve to 4.35% in 2025, 4.61% in 2026, and 4.73% in 2027 due to time deposit repricing and variable loan rates hitting the floor [7] Group 3: Financial Strength - As of December 31, 2024, Bank OZK's total debt was $893.5 million, while cash and cash equivalents stood at $2.8 billion, indicating a strong balance sheet [7] - The bank's times interest earned ratio improved to 31X, showcasing robust liquidity and earnings strength to meet debt obligations [8] - The company has consistently increased its quarterly dividends, marking the 58th consecutive quarter of hikes, and has a $200 million share repurchase program with nearly $199.5 million remaining as of December 31, 2024 [9][10] Group 4: Challenges - Deteriorating asset quality is a significant challenge, with provisions for loss growing at a CAGR of 46.2% over the past five years, and net charge-offs (NCOs) increasing at a CAGR of 23.5% [11] - Economic uncertainty and borrower payment weaknesses are expected to keep provisions and NCOs elevated, with provisions for credit losses projected to increase slightly and NCOs estimated to rise by 9% in 2025 [12] - Non-interest expenses have risen at a CAGR of 6.6% over the past five years, driven by salary and employee benefit costs, and are expected to continue growing at a CAGR of 6.5% over the next three years [12][14]

Shares of Bank OZK (NASDAQ: OZK ) have been a mediocre performer over the past year, essentially trading flat until their 10% rally on Friday after the company reported stronger than expected quarterly results. Among regional banks, OZK has relatively highOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article ...

Bank OZK (NASDAQ:OZK) Q4 2024 Earnings Conference Call January 17, 2025 11:00 AM ET Company Participants Jay Staley - Managing Director of Investor Relations and Corporate Development George Gleason - Chairman and Chief Executive Officer Jake Munn - President, Corporate and Institutional Banking Brannon Hamblen - President Tim Hicks - Chief Financial Officer Conference Call Participants Stephen Scouten - Piper Sandler Catherine Mealor - KBW Manan Gosalia - Morgan Stanley Matt Olney - Stephens Nicholas Holow ...

Bank OZK’s (OZK) fourth-quarter 2024 earnings per share of $1.56 handily surpassed the Zacks Consensus Estimate of $1.45. The bottom line reflects a rise of 4% from the prior-year quarter’s actual.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results benefited from a rise in net interest income (NII), driven by improvement in loans and deposit balances. Lower non-interest expenses and provisions were also positives. However, lower non-interest income and rising funding costs were ...

Bank OZK (OZK) reported $412.34 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 1.2%. EPS of $1.56 for the same period compares to $1.50 a year ago.The reported revenue represents a surprise of +1.06% over the Zacks Consensus Estimate of $408.04 million. With the consensus EPS estimate being $1.45, the EPS surprise was +7.59%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...

Bank OZK (OZK) came out with quarterly earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.45 per share. This compares to earnings of $1.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.59%. A quarter ago, it was expected that this bank would post earnings of $1.53 per share when it actually produced earnings of $1.55, delivering a surprise of 1.31%.Over the last four quarters, the company has surpassed ...

LITTLE ROCK, Ark., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Bank OZK (the "Bank") (NASDAQ:OZK) today announced that net income available to common stockholders for the fourth quarter of 2024 was $178.1 million, its ninth consecutive quarterly record and a 4.1% increase from $171.1 million for the fourth quarter of 2023. For the full year of 2024, net income available to common stockholders was a record $700.3 million, a 3.8% increase from $674.6 million for the full year of 2023. Diluted earnings per common share ...