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 ...

LITTLE ROCK, Ark., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Bank OZK's (the "Bank") (NASDAQ:OZK) fourth quarter and full year 2024 management comments are now available on the Bank's investor relations website https://ir.ozk.com. GENERAL INFORMATION Bank OZK (NASDAQ:OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Established in 1903, Bank OZK conducts banking operations in more than 240 offices in nine states including Arkansas, ...

Core Viewpoint - Analysts forecast a quarterly earnings per share (EPS) of $1.45 for Bank OZK, indicating a year-over-year decline of 3.3%, while revenues are expected to reach $408.04 million, reflecting a slight increase of 0.1% compared to the previous year [1]. Earnings Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Key Financial Metrics - Analysts project the 'Efficiency Ratio' to be 35.2%, slightly down from 35.3% a year ago [5]. - 'Total Average Interest-Earning Assets' are expected to reach $34.87 billion, up from $30.74 billion in the same quarter last year [5]. - 'Total Non-Interest Income' is forecasted at $30.22 million, down from $37.03 million in the same quarter last year [6]. - 'Net Interest Income (FTE)' is anticipated to be $381.88 million, compared to $373.47 million reported in the same quarter last year [6]. - 'Net Interest Income' is expected to be $377.64 million, an increase from $370.55 million a year ago [7]. - 'BOLI income - Increase in cash surrender value' is estimated at $5.85 million, up from $5.40 million last year [7]. - 'Gains (losses) on sales of other assets' are expected to be $1.18 million, down from $3.29 million in the same quarter last year [8]. - 'Loan service, maintenance and other fees' are projected to reach $6.46 million, slightly down from $6.76 million a year ago [8]. Stock Performance - Bank OZK shares have decreased by 10.9% over the past month, compared to a 2.2% decline in the Zacks S&P 500 composite [8].

Core Viewpoint - Bank OZK is anticipated to report a year-over-year decline in earnings despite an increase in revenues for the quarter ending December 2024, with the consensus outlook indicating a potential impact on the stock price based on actual results compared to estimates [1][2]. Earnings Expectations - The earnings report is scheduled for January 16, 2025, and could lead to a stock price increase if the reported figures exceed expectations, while missing estimates may result in a decline [2]. - The consensus estimate for quarterly earnings is $1.45 per share, reflecting a year-over-year decrease of 3.3%, with revenues projected at $408.04 million, a slight increase of 0.1% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their initial projections during this period [4]. - The Most Accurate Estimate for Bank OZK is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.68%, suggesting a bearish outlook from analysts [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the likelihood of actual earnings deviating from consensus estimates, with a strong predictive power for positive readings [7][8]. - Bank OZK's current Zacks Rank is 3, which complicates the prediction of an earnings beat given the negative Earnings ESP [11]. Historical Performance - In the last reported quarter, Bank OZK was expected to post earnings of $1.53 per share but exceeded this with actual earnings of $1.55, resulting in a surprise of +1.31% [12]. - Over the past four quarters, the company has successfully beaten consensus EPS estimates on all occasions [13]. Conclusion - While Bank OZK does not appear to be a strong candidate for an earnings beat, investors should consider other influencing factors when making decisions regarding the stock ahead of the earnings release [16].

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 ...