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Bank OZK (OZK)
NASDAQ:OZK
Earnings Data
Report Date
Apr 16, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.41Last Year’s EPS
1.51Same Quarter Last Year
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 16, 2025
|% Change Since: 8.59%
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of strong operational performance, particularly in loan growth and strategic deposit cost management, alongside challenges posed by macroeconomic uncertainties and specific loan portfolio issues. The bank is capitalizing on growth and diversification opportunities, but market volatility has led to cautious guidance and increased provisions.Company Guidance
During the Bank OZK First Quarter 2025 Earnings Conference Call, the management provided guidance on various operational and financial metrics. They highlighted the bank's expectation of mid-single-digit to high-single-digit total loan growth for the year, despite withdrawing specific guidance for their Real Estate Specialties Group (RESG) origination volume due to market uncertainties. In the first quarter, they achieved a non-annualized loan growth of 3.8%. The bank also focused on reducing the cost of interest-bearing deposits, achieving a 29 basis point decrease over the quarter, with a further reduction anticipated due to favorable time deposit repricing. The company reiterated its strategy of growth and diversification, particularly through its Corporate and Institutional Banking (CIB) division, which has contributed significantly to non-RESG loan growth, accounting for 65% of the loan growth over the last four quarters. They maintained a consistent approach to risk management, with an emphasis on credit quality across business lines. The bank also projected a 10% increase in non-interest expenses, aligned with their growth strategy, including opening new branches and expanding business lines. Despite economic uncertainties, the bank remains optimistic about its growth trajectory and the resilience of its asset quality.Strong Loan Growth
Bank OZK achieved a 3.8% loan growth in Q1, not annualized, with a continued expectation of mid to high single-digit total loan growth for 2025.
Deposit Cost Reduction
The bank decreased its cost of interest-bearing deposits by 29 basis points during the quarter, with March alone seeing a reduction of 90 basis points in savings.
Diversification Strategy Success
The Corporate and Institutional Banking Group has been a significant contributor to non-RESG loan growth, with new business lines being launched and expanded, such as the natural resources group.
Investment Opportunities
Bank OZK capitalized on market conditions by purchasing $320 million in bonds at favorable yields, reflecting strategic opportunistic investments.
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OZK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OZK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 16, 2025 | $39.34 | $41.63 | +5.82% |
| Jan 16, 2025 | $44.83 | $49.18 | +9.70% |
| Oct 17, 2024 | $45.77 | $43.73 | -4.46% |
| Jul 17, 2024 | $45.48 | $43.67 | -3.98% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Bank OZK (OZK) report earnings?
Bank OZK (OZK) is schdueled to report earning on Apr 16, 2025, TBA Not Confirmed.
What is Bank OZK (OZK) earnings time?
Bank OZK (OZK) earnings time is at Apr 16, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OZK EPS forecast?
OZK EPS forecast for the fiscal quarter 2025 (Q1) is 1.41.
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