OZK

WaFd Inc.’s WAFD third-quarter fiscal 2026 (ended June 30) adjusted earnings of 81 cents per share lagged the Zacks Consensus Estimate by a penny. However, the bottom line jumped 11% year over year.Results were hurt by a substantial rise in provisions and higher expenses. Further, lower loan and deposit balances acted as a spoilsport. These were partially offset by higher net interest income (NII) and non-interest income. The quarterly results excluded certain notable items. After considering these, net income available to common shareholders was $62.5 million, up 7.2% from the prior-year quarter. Our estimate for the metric was $60.2 million. Quarterly net revenues (net interest income plus total non-interest income) were $205.5 million, up 10.3% from the prior-year quarter. The top line outpaced the Zacks Consensus Estimate of $198.9 million. NII for the quarter was $181.3 million, rising 7.9% year over year. The net interest margin (NIM) was 2.81%, up 12 basis points (bps) from 2.69% in the year-ago quarter. Our estimates for NII and NIM were $176.1 million and 2.80%, respectively.Total non-interest income of $24.2 million increased 32.3% year over year. The rise was primarily driven by higher other income, deposit fee income and loan fee income. Excluding certain one-time gains, adjusted non-interest income rose 13% to $20.7 million. Our estimate for the metric was $20.1 million and did not include any one-time gain numbers.Total non-interest expenses were $110.3 million, up 5.8%. The increase was mainly due to higher compensation, technology, product delivery, occupancy and FDIC insurance expenses. Our estimate for the metric was $111.6 million.The company’s efficiency ratio was 53.69%, down from 56.01% in the prior-year quarter. A fall in the efficiency ratio reflects improved profitability.Return on average common equity was 9.23% at the end of the third quarter of fiscal 2026, up from 8.54% in the prior-year quarter. Return on average assets was 0.96%, up from 0.92%. As of June 30, 2026, net loans receivable were $20.02 billion, down 1.3% from the year-ago quarter. We projected the metric to be $20.08 billion.Total deposits were $20.93 billion, down 2.1% from $21.39 billion in the prior-year quarter. Our estimate for the metric was $21.25 billion. As of June 30, 2026, allowance for credit losses (including the reserve for unfunded commitments) was 1....

Sixty-four consecutive quarters of increased quarterly cash dividend on its common stock LITTLE ROCK, Ark., July 01, 2026 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.48 per share, up $0.01, or 2.13% from the prior quarter. The common stock dividend is payable on July 20, 2026 to shareholders of record as of July 13, 2026. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last sixty-four quarters. The Board of Directors also declared a quarterly cash dividend of $0.28906 per share on the Bank’s 4.625% Series A Non-Cumulative Perpetual Preferred Stock (“Series A Preferred Stock”) (Nasdaq: OZKAP) for the period covering May 15, 2026 through, but excluding August 15, 2026. The Series A Preferred Stock dividend is payable on August 17, 2026, to the holders of record of the Series A Preferred Stock at the close of business on August 3, 2026. 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.spglobal.com/spdji. GENERAL INFORMATIONBank 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 265 offices in nine states including Arkansas, Georgia, Florida, Texas, North Carolina, Tennessee, New York, California and Mississippi and had $41.7 billion in total assets as of March 31, 2026. For more information, visit ozk.com.

LITTLE ROCK, Ark., June 30, 2026 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) expects to report its second quarter 2026 earnings after the market closes on Tuesday, July 21, 2026. Management comments on the second quarter of 2026 will be released simultaneously with the earnings press release and financial supplement which will be available on the Bank’s investor relations website. Management will conduct a conference call to take questions at 7:30 a.m. CT (8:30 a.m. ET) on Wednesday, July 22, 2026. Interested parties may access the conference call live via webcast on the Bank’s investor relations website, or may participate via telephone by registering using this online form. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN number that can be used to access the call. A replay of the conference call webcast will be archived on the Bank's website for at least 30 days. GENERAL INFORMATIONBank 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 265 offices in nine states including Arkansas, Georgia, Florida, Texas, North Carolina, Tennessee, New York, California and Mississippi and had $41.7 billion in total assets as of March 31, 2026. For more information, visit ozk.com.

A month has gone by since the last earnings report for Bank OZK (OZK). Shares have added about 1.6% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Bank OZK due for a pullback? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for Bank OZK before we dive into how investors and analysts have reacted as of late. Bank OZK’s first-quarter 2026 adjusted earnings per share of $1.44 missed the Zacks Consensus Estimate of $1.46. Also, the bottom line declined 2% year over year.Results were primarily hurt by higher provisions for credit losses and a rise in operating expenses. A decline in non-interest income also acted as a headwind. Nevertheless, solid net interest income growth supported the top line. Healthy loans and deposits balance provided support.Net income available to common shareholders was $159.3 million, down 5.1% from the year-ago quarter’s $167.9 million. Our estimate for the metric was $162.4 million. Net revenues were $418.1 million, up 2.2% year over year. The top line missed the Zacks Consensus Estimate of $421.9 million.NII was $385.6 million, up 3% year over year. Our estimate for the metric was $386.5 million.The net interest margin, on a fully-taxable-equivalent basis, contracted 11 basis points year over year to 4.20%. Our estimate for NIM was 4.21%.Non-interest income was $32.5 million, down 6.3% from the year-ago quarter. Our estimate for the metric was $35.4 million.Non-interest expenses were $164.5 million, up 12% from the prior-year quarter. The increase was driven by higher salaries and employee benefits, net occupancy and equipment costs, and other operating expenses. We expected this metric to be $158.5 million.Bank OZK’s efficiency ratio was 38.96%, up from 35.60% in the year-ago quarter, indicating reduced profitability. As of March 31, 2026, total loans were $33 billion, up 2% from the prior quarter. Total deposits were $33.8 billion, reflecting a 1.1 % increase. Our estimates for total loans and deposits were $32.1 billion and $35.1 billion, respectively. Net charge-offs to average total loans grew to 0.57% from 0.25% in the year-ago quarter. Provision for credit losses was $41.9 million, rising 9.2% year over year. We projected provisions of $47.4 million.The ratio of n...

Bank OZK is building a diversified CIB platform across "over 42" industry niches, adding about two dozen new relationships and upsizing nearly a dozen legacy ones while remaining highly selective—management says it passes on roughly 80–85% of deals and has a ~14–15% pull‑through rate on mature CIB opportunities. Management used excess liquidity to buy investments that should lift net interest income—about 40% municipal housing bonds (tax‑equivalent ~6%) and 60% agency MBS (~4.6%)—while reducing deposit costs by 18 bps Overall credit is described as "surprisingly resilient," but stress is concentrated in land, office, and life‑science RESG loans; five specific RESG credits account for most past‑due/non‑accruals and are in active remediation (recaps/sales), with appraisals up to date and loss exposure limited by low bank leverage in many deals. Interested in Bank OZK? Here are five stocks we like better. 3 high-yielding, small banks to buy on the dip Bank OZK (NASDAQ:OZK) executives emphasized continued momentum in the company’s Corporate and Institutional Banking (CIB) platform, discussed efforts to manage deposit pricing amid competition, and provided updated commentary on credit trends in its Real Estate Specialties Group (RESG) portfolio during the bank’s first-quarter 2026 earnings call Q&A. Responding to questions about strong CIB growth amid rising competition, Jake Munn, President of Corporate and Institutional Banking, said the bank is building a “diversified C&I” platform rather than relying on a single niche. He said CIB’s verticals span “over 42 different industry niches,” giving the bank flexibility to shift emphasis when pricing or competition changes within a given segment. → Credo Stock Flashes Strong Bullish Signal—Upswing Just Starting Munn said the team generated “over or nearly two dozen new relationships” and upsized “nearly a dozen legacy relationships” during the quarter. He acknowledged spread compression in certain areas, including asset-based lending and corporate opportunities, as well as in capital call subscription facilities in fund finance due to pressure from “non-bank lenders and then insurance companies.” He also cited compression in lender finance. Even so, he said CIB’s structure lets Bank OZK pivot toward areas with better yield and terms, including CBSF, EFG, and NRG business lines. On underwriting standards and risk disci...

This article first appeared on GuruFocus. Release Date: April 22, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Bank OZK (NASDAQ:OZK) reported strong growth in its Corporate & Institutional Banking (CIB) division, with nearly two dozen new relationships and upsizing of legacy relationships. The bank's diversified CIB portfolio, encompassing over 42 industry niches, allows it to mitigate risks and capitalize on opportunities across different sectors. Bank OZK (NASDAQ:OZK) has successfully enhanced its yield by investing in municipal housing bonds and mortgage-backed securities, contributing positively to net interest income. The bank is optimistic about 2027, expecting CIB to be the predominant growth engine and a slowing of headwinds from RESG repayments. Bank OZK (NASDAQ:OZK) is actively building fee-generating businesses, including trust and wealth management, mortgage, and treasury management, which are expected to contribute to noninterest income growth. Bank OZK (NASDAQ:OZK) faces increased competition in certain business lines, leading to pricing compression, particularly in asset-based lending and fund finance. The bank's net interest margin may face pressure due to competitive deposit and loan environments, despite a strong current margin of 4.20%. There are concerns about credit quality, with non-performing assets and criticized loans seeing a slight increase, although the bank remains optimistic about the overall environment. The bank anticipates further inflows of substandard loans, particularly in the office and life science sectors, which could impact asset quality. Bank OZK (NASDAQ:OZK) is in the early stages of building out its CIB division, which may lead to continued high expenses as it expands into new verticals and geographies. Warning! GuruFocus has detected 6 Warning Sign with TRST. Is OZK fairly valued? Test your thesis with our free DCF calculator. Q: How does Bank OZK assess risk in the Corporate & Institutional Banking (CIB) business amidst growing competition, and what would cause a pullback? A: Jake Munn, President of Corporate & Institutional Banking, explained that the bank's diversified CIB portfolio, which spans over 42 industry niches, allows it to adapt to market changes. If competition increases in one area, they can pivot to other business lines, maintaining growth...

LITTLE ROCK, Ark. (AP) — LITTLE ROCK, Ark. (AP) — Bank OZK (OZK) on Tuesday reported first-quarter profit of $163.4 million. The Little Rock, Arkansas-based bank said it had earnings of $1.44 per share. The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.46 per share. The bank posted revenue of $661.5 million in the period. Its revenue net of interest expense was $418.1 million, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $421.9 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OZK at https://www.zacks.com/ap/OZK

Bank OZK (OZK) reported Q1 earnings late Tuesday of $1.44 per diluted share, down from $1.47 a year

Image source: The Motley Fool. Wednesday, April 22, 2026 at 8:30 a.m. ET Chairman and Chief Executive Officer — George Gleason President — Brandon Hamlin Chief Operating Officer — Cynthia Wolfe Chief Financial Officer — Tim Hicks President, Corporate and Institutional Banking — Jake Munn Managing Director, Investor Relations and Corporate Development — Jay Staley Need a quote from a Motley Fool analyst? Email [email protected] Operator: Good day, and thank you for standing by. Welcome to the Bank OZK First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Jay Staley, Managing Director of Investor Relations and Corporate Development. Please go ahead. Jay Staley: Good morning. I'm Jay Staley, Managing Director of Investor Relations and Corporate Development for Bank OZK. Thank you for joining our call this morning and participating in our question-and-answer session. In today's Q&A session, we may make forward-looking statements about our expectations, estimates and outlook for the future. Please refer to our earnings release, management comments, financial supplement and other public filings for more information on the various factors and risks that may cause actual results or outcomes to vary from those projected in or implied by such forward-looking statements. Joining me on the call to take your questions are George Gleason, Chairman and CEO; Brandon Hamlin, President. Cindy Wolfe, Chief Operating Officer; Tim Hicks, Chief Financial Officer; and Jake Munn, President, Corporate and Institutional Banking. We will now open up the lines for your questions. Let me now ask our operator, Tanya, to remind our listeners how to queue in for questions. Operator: [Operator Instructions] And 1 moment for our first question, which will come from Manan Gosalia of Morgan Stanley. Manan Gosalia: Hi, good morning. The first 1 is just around the CIB, strong growth again this quarter. And I guess -- appreciate that you guys are growing in attractive markets. You're building teams. But at the same time, we continue to hear across the board that competition is growing. I guess the question is, how do you assess risk in that business? And I guess, what, if anything, would cause you to pull back there? George Gleason: All right. Jake, do yo...

Bank OZK OZK reported first-quarter 2026 adjusted earnings per share of $1.44, which missed the Zacks Consensus Estimate of $1.46. Also, the bottom line declined 2% year over year. Results were primarily hurt by higher provisions for credit losses and a rise in operating expenses. A decline in non-interest income also acted as a headwind. Nevertheless, solid net interest income (NII) growth supported the top line. Healthy loans and deposits balance provided support. Net income available to common shareholders was $159.3 million, down 5.1% from the year-ago quarter’s $167.9 million. Our estimate for the metric was $162.4 million. Net revenues were $418.1 million, up 2.2% year over year. The top line missed the Zacks Consensus Estimate of $421.9 million. NII was $385.6 million, up 3% year over year. Our estimate for the metric was $386.5 million. The net interest margin (NIM), on a fully-taxable-equivalent basis, contracted 11 basis points year over year to 4.20%. Our estimate for NIM was 4.21%. Non-interest income was $32.5 million, down 6.3% from the year-ago quarter. Our estimate for the metric was $35.4 million. Non-interest expenses were $164.5 million, up 12% from the prior-year quarter. The increase was driven by higher salaries and employee benefits, net occupancy and equipment costs, and other operating expenses. We expected this metric to be $158.5 million. Bank OZK’s efficiency ratio was 38.96%, up from 35.60% in the year-ago quarter, indicating reduced profitability. As of March 31, 2026, total loans were $33 billion, up 2% from the prior quarter. Total deposits were $33.8 billion, reflecting a 1.1 % increase. Our estimates for total loans and deposits were $32.1 billion and $35.1 billion, respectively. Net charge-offs to average total loans grew to 0.57% from 0.25% in the year-ago quarter. Provision for credit losses was $41.9 million, rising 9.2% year over year. We projected provisions of $47.4 million. The ratio of non-performing loans to total loans was 0.90% as of March 31, 2026, up from 0.20% a year ago. At the end of the first quarter, return on average assets was 1.58%, down from 1.77% in the year-earlier quarter. Return on average common equity also declined to 11.06% from 12.52%. Bank OZK continues to benefit from steady loan growth and solid net interest income generation. However, elevated operating expenses, and worsening asset quality...

Bank OZK (OZK) reported $418.1 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 2.2%. EPS of $1.44 for the same period compares to $1.47 a year ago. The reported revenue represents a surprise of -0.89% over the Zacks Consensus Estimate of $421.86 million. With the consensus EPS estimate being $1.46, the EPS surprise was -1.49%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. 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. Here is how Bank OZK performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net interest margin: 4.2% versus 4.2% estimated by five analysts on average. Efficiency Ratio: 39% versus the five-analyst average estimate of 38.2%. Total Average Interest-Earning Assets (FTE): $37.66 billion compared to the $37.53 billion average estimate based on four analysts. Net charge-offs to average total loans: 0.6% versus 0.6% estimated by four analysts on average. Total Non-Interest Income: $32.53 million versus the five-analyst average estimate of $34.34 million. Net Interest Income: $385.57 million compared to the $387.24 million average estimate based on four analysts. Deposit-related fees- All other service charges: $7.65 million versus the three-analyst average estimate of $9.66 million. Loan-related fees: $8.82 million versus the three-analyst average estimate of $9.1 million. Gains (losses) on sales of other assets: $0.81 million versus $0.75 million estimated by three analysts on average. Trust income: $3.04 million versus $3.07 million estimated by two analysts on average. Other non-interest (loss) income: $2.74 million versus $4.75 million estimated by two analysts on average. BOLI income: $6.06 million compared to the $6 million average estimate based on two analysts. View all Key Company Metrics for Bank OZK here>>> Shares of Bank OZK have returned +11.5% over the past month versus the Zacks S&P 500 composite's +9.3% change. The...

Bank OZK (OZK) came out with quarterly earnings of $1.44 per share, missing the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.49%. A quarter ago, it was expected that this bank would post earnings of $1.56 per share when it actually produced earnings of $1.53, delivering a surprise of -1.92%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Bank OZK, which belongs to the Zacks Banks - Northeast industry, posted revenues of $418.1 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.89%. This compares to year-ago revenues of $409.23 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Bank OZK shares have added about 7% since the beginning of the year versus the S&P 500's gain of 3.9%. While Bank OZK has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Bank OZK was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interest...