Bank OZK (OZK) hiked its quarterly cash dividend by 2.4% to 42 cents per share. The dividend will be paid out on Jan. 21, 2025, to shareholders of record as of Jan. 14.The bank has hiked its quarterly cash dividend in each of the last 58 quarters. Before the recent hike, the bank increased its dividend by 2.5% to 41 cents per share in October 2024. It has a dividend payout ratio of 26%.Based on its closing price of $43.83 as of Jan. 2, OZK’s forward dividend yield, considering the increased payout, is 3.8%. ...

LITTLE ROCK, Ark., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) expects to report fourth quarter and full year 2024 earnings after the market closes on Thursday, January 16, 2025.  Management’s comments on the fourth quarter and full year 2024 will be released simultaneously with the earnings press release and will be available on the Bank’s investor relations website.    Management will conduct a conference call to take questions at 10:00 a.m. CT (11:00 a.m. ET) on Friday, January ...

Earnings and Investor Communication - The company will hold a conference call on January 17, 2025, at 10:00 a.m. CT to discuss earnings and take questions from interested parties [1] - The earnings press release and management's comments for Q4 and full year 2024 will be released after market close on January 16, 2025 [3] - The conference call can be accessed live via webcast or telephone, with a replay available on the company's website for at least 30 days [1] Company Overview - The company is a regional bank established in 1903, operating approximately 240 offices across nine states [4] - As of September 30, 2024, the company had total assets of $37.44 billion [4] - The company provides innovative financial solutions and is listed on NASDAQ under the ticker OZK [4] Regulatory and Investor Resources - The company files required reports and materials with the FDIC, which are available electronically on both the FDIC and the company's investor relations websites [2] - Investors can sign up for automated email alerts to receive updates on filings and other materials [2] Contact Information - Investor relations can be contacted via Jay Staley at (501) 906-7842 [6] - Media inquiries can be directed to Michelle Rossow at (501) 906-3922 [6]

It has been a soft year for Bank OZK (NASDSQ: OZK ), whose shares have underperformed regional bank peers by a fairly wide margin. I last covered this real estate lender back in May, rating it a 'Strong Buy'. The investment case wasI like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income section. Blog about various US/Canadian stocks at 'The Compound Investor', and predominantly UK names ...

Bank OZK (NASDAQ: OZK ) is a well-managed bank with a large commercial real estate (CRE) portfolio that has been unfairly associated with a more troubled group of banks. Despite holding a very concentrated loan portfolio, the bank has historicallyI manage a handful of portfolios, all of which have outperformed the S&P 500 index since inception in 2020. I like to evaluate businesses as a business - not a stock ticker - and invest when I judge the market to have significantly mispriced them. I have a degree i ...

For the quarter ended September 2024, Bank OZK (OZK) reported revenue of $423 million, up 7.6% over the same period last year. EPS came in at $1.55, compared to $1.49 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $419.08 million, representing a surprise of +0.94%. The company delivered an EPS surprise of +1.31%, with the consensus EPS estimate being $1.53. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

Bank OZK (OZK) announced a quarterly cash dividend of 41 cents per share. This indicates an increase of 2.5% from the prior payout. The dividend will be paid out on Oct. 18, 2024, to shareholders of record as of Oct. 11. This marks the 57th consecutive quarter of a dividend hike by OZK. Prior to this, the bank increased its dividend by 2.6% to 40 cents per share in July 2024. The company has a five-year annualized dividend growth of 10.17%. At present, its payout ratio is 26% of its earnings. This indicates ...

Bank OZK (OZK) remains well-positioned for growth on the back of a diversified loan portfolio, efforts to improve fee income and high interest rates. However, an elevated expense base and weak asset quality are headwinds. OZK's Growth Drivers Solid Growth Strategy: Bank OZK's growth is significantly driven by a de novo branching strategy alongside its inorganic measures. The bank's revenues experienced a compound annual growth rate (CAGR) of 16.3% over the last three years ended 2023, primarily driven by st ...

LITTLE ROCK, Ark., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Bank OZK (the "Bank") (Nasdaq: OZK) expects to report its third quarter 2024 earnings after the market closes on Thursday, October 17, 2024. Management's comments on the third quarter of 2024 will be released simultaneously with the earnings press release and will be available on the Bank's investor relations website. Management will conduct a conference call to take questions at 10:00 a.m. CT (11:00 a.m. ET) on Friday, October 18, 2024. Interested parti ...

Bank OZK Introduction It has been more than a year since the fall of Silicon Valley Bank (OTC:SIVBQ) sparked fears of nationwide bank runs with the potential to jeopardize the stability of the nation's financial backbone. However, to those who dared to take a closer look and weighed the reasons for the fall of SIVBQ against the quickly announced Bank Term Funding Program (BTFP), several very solid value opportunities presented themselves. Two examples that I started covering here on Seeking Alpha in March 2 ...