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 ...

Core Points - Bank OZK is scheduled to report its third quarter 2024 earnings on October 17, 2024, after market close [1] - A conference call for questions will be held on October 18, 2024, at 10:00 a.m. CT, accessible via webcast or telephone registration [2] - As of June 30, 2024, Bank OZK had total assets of $36.84 billion and operates approximately 240 offices across nine states [3]

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 ...

Headquartered in Little Rock, Bank OZK (OZK) is a Finance stock that has seen a price change of -9.03% so far this year. The bank is currently shelling out a dividend of $0.4 per share, with a dividend yield of 3.53%. This compares to the Banks - Northeast industry's yield of 3.08% and the S&P 500's yield of 1.59%. From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. But, not every company ...

Results benefited from a rise in net interest income (NII), driven by higher rates and improvement in loans and deposit balances. However, increases in expenses and provision for credit losses, rising funding costs and lower non-interest income were the undermining factors. Given these concerns, shares of OZK tanked 2.2% in afterhours trading. Revenues Improve, Expenses Rise NII was $388 million, up 8.7% year over year. Our estimate for the metric was $381.7 million. Non-interest income was $28.8 million, d ...

The reported revenue compares to the Zacks Consensus Estimate of $409.6 million, representing a surprise of +1.75%. The company delivered an EPS surprise of +0.66%, with the consensus EPS estimate being $1.51. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Efficiency Ratio: 32.7% compared to the 32.6% average estimate based on six a ...