DiversificationThe newly formed CIB, which includes Asset Based Lending Group, Fund Finance, Equipment Finance & Capital Solutions, and Corporate Banking & Sponsor Finance, should help OZK diversify.
Financial PerformanceQuarterly results continue to see NII benefiting from balance sheet growth and now a decelerating pace of funding costs.
Share BuybackManagement announced a $200MM share buyback authorization, which at current levels implies just under 4% of outstanding shares.