The consensus EPS estimate for the quarter has been revised 1.5% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. View all Key Company Metrics for Bank OZK here>>> The combined assessment of analysts suggests that 'Total Non-Interest Income' will likely reach $27.42 million. Compared to the current estimate, the company reported $31.99 million in the same quarter of the previous ye ...

The market expects Bank OZK (OZK) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on J ...

Bank OZK's consistent track record of increasing its common stock dividend has led to it being included in the S&P High Yield Dividend Aristocrats® index (Ticker: SPHYDA) since January 2018. The index consists of members of the S&P Composite 1500® that have followed a managed-dividends policy of consistently increasing common stock dividends every year for at least 20 years, and that meet minimum float-adjusted market capitalization and liquidity requirements. For more information on the index, visit www.sp ...

LITTLE ROCK, Ark., June 27, 2024 (GLOBE NEWSWIRE) -- Bank OZK (the "Bank") (Nasdaq: OZK) expects to report its second quarter 2024 earnings after the market closes on Wednesday, July 17, 2024. Management's comments on the second 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 Thursday, July 18, 2024. Interested parties ...

The rating agency has affirmed all the ratings and assessments of Bank OZK, including its long-term local currency deposit rating of A3 and short-term local currency deposit rating of Prime-2. Despite the affirmation, the outlook on the bank's long-term deposit and issuer ratings remains negative. Capital Ratios and Profitability: Despite a significant decline in OZK's TCE to risk-weighted assets (RWA) ratio since 2021, Moody's expects this ratio to improve over the next 12 to 18 months. This improvement wi ...

A double downgrade raised concerns. Did it also create a buying opportunity? Shares of Bank OZK (OZK 3.88%) plunged on Wednesday after a Wall Street analyst moved it to a sell on loan concerns. To some, the fall looked like a buying opportunity. As of midday Thursday the stock was down 11.3% for the week, according to data provided by S&P Global Market Intelligence, as investors try to make sense of the warning and what it means for Bank OZK's long-term future. A rare double downgrade to a sell Bank OZK ope ...

Dragon Claws/iStock via Getty Images Written by Sam Kovacs. Bank OZK (NASDAQ:OZK) is a financial institution which we have always liked a lot because of their unusual strategy: double down on real estate loans, which is their absolute specialty. So far, they've done an impressive job, with fewer losses, better spreads, and increasing dividends every single quarter for a while, as you can see on the DFT chart below. OZK DFT Chart (Dividend Freedom Tribe) Not that the market has cared much, as during the past ...

One Wall Street analyst is sounding the alarm on two high-profile loans. A Wall Street analyst has lowered his rating on Bank OZK (OZK -14.67%) to sell from buy due to concerns about some of the bank's largest loans. Investors are heeding the alarm, sending shares of Bank OZK down 16% as of noon ET. Big projects, big risk Bank OZK, formerly known as Bank of the Ozarks, operates from 228 branches spread across five Southeastern states. Is Bank OZK a buy following the downgrade? Bank OZK's loan book has held ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a me ...

Yes, Brian, on your provision question, as we mentioned earlier in the call, rates being higher for longer, certainly good from us, from an earnings perspective and our trajectory of net interest income. But could put some pressure on some of our borrowers as rates stay higher for longer, which is why you continue to see the build that we had in the quarter. As rates come down, obviously, that puts less pressure on the interest costs of some of our borrowers. And so I would anticipate a lower level of provi ...