Bank OZK (OZK) is currently priced at $48.58, showing a price increase of 38 cents (0.788%) from the previous close of $48.2. Today's trading volume stands at $173,586, representing a 13.68% deviation from the average volume.
In the latest quarterly report released on April 20th, Bank OZK's earnings per share met the consensus estimate at $1.46.
Bank OZK offers a forward dividend yield of 3.87%. The company distributed dividends of 47 cents per share in the most recent quarter, with a year-over-year decrease of 18.3544 cents. The trailing twelve months dividend per share is $1.37.
Bank OZK generated a free cash flow of $175.32 million. Noteworthy activities include debt repayment of $300 million and common stock repurchases totaling $93.75 million.
The company reported revenue of $661.55 million, with a gross profit of $376.15 million. Operating income stood at $211.61 million, resulting in a net income of $163.36 million. Earnings per share (EPS) and EPS diluted both were $1.44.
Key ratios for Bank OZK include a gross profit margin of 56.86%, net profit margin of 24.69%, and a price to earnings ratio of 7.77.
Bank OZK displays strong financial positioning with total assets of $41.66 billion and total liabilities of $35.51 billion. Net debt is reported at -$888.12 million.
This report provides a comprehensive overview of Bank OZK's current financial status, performance, and key metrics.
Bank OZK provides various retail and commercial banking services. It accepts various deposit products, including non-interest-bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. The company also offers real estate, consumer and business purpose, indirect recreational vehicle and marine, commercial and industrial, government guaranteed, agricultural, small business, homebuilder, and affordable housing loans; business aviation and subscription financing services; and mortgage and other lending products. In addition, it provides trust and wealth services, such as personal, custodial, investment management, and retirement accounts, as well as corporate trust services comprising trustee, paying and registered transfer agent, and other incidental services. Further, the company offers treasury management services comprising automated clearing house, wire transfer, transaction reporting, wholesale lockbox, remote deposit capture, automated credit line transfer, reconciliation, positive pay, and merchant and commercial card services, as well as zero balance and investment sweep accounts. Additionally, it provides ATMs; telephone, online, and mobile banking services; debit and credit cards; safe deposit boxes; and other products and services, as well as processes merchant debit and credit card transactions. As of December 31, 2021, it operated approximately 240 offices in Arkansas, Georgia, Florida, North Carolina, Texas, Carolina, California, New York, and Mississippi. The company was formerly known as Bank of the Ozarks and changed its name to Bank OZK in July 2018. Bank OZK was founded in 1903 and is headquartered in Little Rock, Arkansas.