Bank OZK downgraded to Market Perform from Outperform at Raymond James

Raymond James analyst Michael Rose downgraded Bank OZK (OZK) to Market Perform from Outperform without a price target Following Q3 results and initial 2026 guidance, next year’s EPS forecast was reduced by roughly 12% due to softer loan growth expectations, higher expenses, and lower net interest income, the analyst tells investors in a research note. Despite Bank OZK’s discounted valuation and potential long-term upside from lending momentum, fee growth, and share repurchases, elevated credit concerns and near-term earnings headwinds lead to a more balanced risk-reward view pending further clarity from management, the firm says.