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.
Bank OZK has had a pretty rough year, materially underperforming regional bank peers. Earnings remain robust, with the bank retaining its peer-leading profitability. Analysts expect flat earnings in the near term. Given the stock's single-digit P/E ratio, this isn't a problem.
Bloomberg Intelligence analysts identified 50 watchable companies for 2025, focusing on potential catalysts like new leadership and geopolitical impacts, with 37 paying dividends. Fourteen of these dividend-paying companies meet the "Dogcatcher" ideal, with annual dividends from a $1K investment exceeding their single share prices. Analysts estimate net gains of 15.68% to 48.08% from top divide...
Bank OZK's preferred stock offers a 6.8% yield and is supported by a rock-solid business model and exemplary management, making it a low-risk investment. Despite a recent 12% correction due to inflation concerns, the stock has returned 29% in 1.5 years, showcasing its resilience. The Fed expects to reduce interest rates from 4.75%-5.0% to 2.75%-3.0% by 2026, providing a strong tailwind for Bank...
Bank OZK is a well-run business with a large commercial real estate portfolio. Risk from CRE concentration is a concern, but further study shows that this bank shares little in common with troubled lenders. The stock is attractively priced, but it might be best to withhold some capital to take advantage of share price volatility in the future.
Bank OZK (NASDAQ:OZK ) Q3 2024 Earnings Conference Call October 18, 2024 11:00 AM ET Company Participants Jay Staley - Director of IR and Corporate Development George Gleason - Chairman and CEO Brannon Hamblen - President Tim Hicks - CFO Cindy Wolfe - COO Jake Munn - President, Corporate & Institutional Banking Conference Call Participants Stephen Scouten - Piper Sandler Manan Gosalia - Morgan ...
Shares of Bank OZK have gained 26% over the past year, driven by strong deposit growth and credit quality, despite concerns over its commercial real estate loan portfolio. OZK's Q3 earnings were $1.55 per share, beating estimates, with revenue up 8% to $423 million, driven by significant loan and deposit growth. The bank's net interest margin has compressed due to higher funding costs, but mana...
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