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Bank OZK

DB:BO8
Snowflake Description

Flawless balance sheet established dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BO8
DB
$4B
Market Cap
  1. Home
  2. DE
  3. Banks
Company description

Bank OZK provides retail and commercial banking services to businesses, individuals, and non-profit and governmental entities. The last earnings update was 21 days ago. More info.


Add to Portfolio Compare Print
  • Bank OZK has significant price volatility in the past 3 months.
BO8 Share Price and Events
7 Day Returns
0.4%
DB:BO8
4.8%
DE Banks
2.1%
DE Market
1 Year Returns
-34.3%
DB:BO8
-33.6%
DE Banks
-7.6%
DE Market
BO8 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bank OZK (BO8) 0.4% -6.5% 44.5% -34.3% -28.7% -
DE Banks 4.8% 6.8% 11.9% -33.6% -5.5% -21.2%
DE Market 2.1% 3.6% 8.1% -7.6% 9.8% 12.4%
1 Year Return vs Industry and Market
  • BO8 underperformed the Market in Germany which returned -7.6% over the past year.
Price Volatility
BO8
Industry
5yr Volatility vs Market

BO8 Value

 Is Bank OZK undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Bank OZK to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bank OZK.

DB:BO8 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 9 analysts.
= Stable Book Value * Return on Equity
= $34.01 * 11.2%
$3.82
Book Value of Equity per Share Weighted future Book Value estimates from 9 analysts. $34.01
Discount Rate (Cost of Equity) See below 5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:BO8
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.6
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.598 (1 + (1- 21%) (11.57%))
0.767
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.8 * 5.96%)
5%

Discounted Cash Flow Calculation for DB:BO8 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Bank OZK is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

DB:BO8 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (11.2% – 5%) * $34.01)
$2.12
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= $2.12 / (5% - 0.23%)
$44.39
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= $34.01 + $44.39
$78.4
DB:BO8 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:BO8 represents 0.90967x of NasdaqGS:OZK
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.90967x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 78.40 x 0.90967
€71.32
Value per share (EUR) From above. €71.32
Current discount Discount to share price of €27.09
= -1 x (€27.09 - €71.32) / €71.32
62%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Bank OZK is available for.
Intrinsic value
>50%
Share price is €27.09 vs Future cash flow value of €71.32
Current Discount Checks
For Bank OZK to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Bank OZK's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Bank OZK's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Bank OZK's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bank OZK's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:BO8 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $3.24
NasdaqGS:OZK Share Price ** NasdaqGS (2019-03-20) in USD $29.78
Germany Banks Industry PE Ratio Median Figure of 6 Publicly-Listed Banks Companies 14.62x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 18.91x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Bank OZK.

DB:BO8 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:OZK Share Price ÷ EPS (both in USD)

= 29.78 ÷ 3.24

9.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bank OZK is good value based on earnings compared to the DE Banks industry average.
  • Bank OZK is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Bank OZK's expected growth come at a high price?
Raw Data
DB:BO8 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
4.7%per year
Europe Banks Industry PEG Ratio Median Figure of 108 Publicly-Listed Banks Companies 0.74x
Germany Market PEG Ratio Median Figure of 276 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

DB:BO8 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 9.18x ÷ 4.7%

1.93x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bank OZK is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Bank OZK's assets?
Raw Data
DB:BO8 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $29.32
NasdaqGS:OZK Share Price * NasdaqGS (2019-03-20) in USD $29.78
Germany Banks Industry PB Ratio Median Figure of 6 Publicly-Listed Banks Companies 0.89x
Germany Market PB Ratio Median Figure of 570 Publicly-Listed Companies 1.79x
DB:BO8 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:OZK Share Price ÷ Book Value per Share (both in USD)

= 29.78 ÷ 29.32

1.02x

* Primary Listing of Bank OZK.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Bank OZK is overvalued based on assets compared to the DE Banks industry average.
X
Value checks
We assess Bank OZK's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Bank OZK has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

BO8 Future Performance

 How is Bank OZK expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bank OZK expected to grow at an attractive rate?
  • Bank OZK's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Bank OZK's earnings growth is positive but not above the Germany market average.
  • Bank OZK's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:BO8 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:BO8 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts 4.7%
DB:BO8 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 7.8%
Germany Banks Industry Earnings Growth Rate Market Cap Weighted Average 12.3%
Europe Banks Industry Revenue Growth Rate Market Cap Weighted Average 5.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:BO8 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:BO8 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 1,199 496 2
2020-12-31 1,092 458 7
2019-12-31 1,039 449 7
DB:BO8 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 932 705 417
2018-09-30 922 453 448
2018-06-30 954 408 470
2018-03-31 939 365 446
2017-12-31 913 384 422
2017-09-30 892 370 364
2017-06-30 855 374 344
2017-03-31 764 339 307
2016-12-31 680 242 270
2016-09-30 596 224 234
2016-06-30 514 185 204
2016-03-31 490 183 194

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bank OZK's earnings are expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).
  • Bank OZK's revenue is expected to grow by 7.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:BO8 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from Bank OZK Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BO8 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 3.85 4.01 3.75 3.00
2020-12-31 3.58 3.80 3.33 12.00
2019-12-31 3.49 3.54 3.42 12.00
DB:BO8 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 3.24
2018-09-30 3.49
2018-06-30 3.66
2018-03-31 3.50
2017-12-31 3.36
2017-09-30 2.94
2017-06-30 2.85
2017-03-31 2.74
2016-12-31 2.59
2016-09-30 2.43
2016-06-30 2.28
2016-03-31 2.19

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Bank OZK is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Bank OZK's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Bank OZK has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

BO8 Past Performance

  How has Bank OZK performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Bank OZK's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Bank OZK has delivered over 20% year on year earnings growth in the past 5 years.
  • Bank OZK's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Bank OZK's 1-year earnings growth is negative, it can't be compared to the DE Banks industry average.
Earnings and Revenue History
Bank OZK's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Bank OZK Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:BO8 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 931.61 417.11 238.40
2018-09-30 921.91 448.24 234.59
2018-06-30 953.81 470.07 222.61
2018-03-31 939.22 445.85 219.43
2017-12-31 912.80 421.89 211.38
2017-09-30 892.14 363.51 209.35
2017-06-30 854.74 343.54 210.19
2017-03-31 763.83 307.48 190.90
2016-12-31 680.11 269.98 170.97
2016-09-30 596.46 233.65 150.58
2016-06-30 514.10 203.75 128.76
2016-03-31 489.85 194.05 124.54
2015-12-31 465.46 182.25 122.01
2015-09-30 425.83 165.55 118.03
2015-06-30 401.07 151.51 116.76
2015-03-31 365.00 133.22 111.35
2014-12-31 325.80 118.61 104.02
2014-09-30 304.59 108.25 100.09
2014-06-30 278.16 102.61 93.31
2014-03-31 261.34 96.51 88.31
2013-12-31 252.32 91.24 85.74
2013-09-30 238.99 87.51 82.73
2013-06-30 231.09 80.33 81.32
2013-03-31 226.26 79.04 80.66
2012-12-31 223.06 77.04 78.91
2012-09-30 218.65 73.95 78.43
2012-06-30 221.71 73.58 78.02
2012-03-31 217.78 104.70 77.99

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Bank OZK has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Bank OZK used its assets more efficiently than the DE Banks industry average last year based on Return on Assets.
  • Unable to establish if Bank OZK improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Bank OZK's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Bank OZK has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

BO8 Health

 How is Bank OZK's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Bank OZK's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Bank OZK Company Filings, last reported 2 months ago.

DB:BO8 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 3,773.37 459.90 290.67
2018-09-30 3,656.63 396.02 387.77
2018-06-30 3,616.94 523.78 585.35
2018-03-31 3,529.65 492.95 632.87
2017-12-31 3,463.79 433.35 440.39
2017-09-30 3,337.81 454.03 1,057.31
2017-06-30 3,263.15 452.21 824.05
2017-03-31 2,876.60 463.89 928.77
2016-12-31 2,794.87 447.77 866.36
2016-09-30 2,759.55 453.14 969.52
2016-06-30 1,560.11 436.34 806.53
2016-03-31 1,511.25 225.64 622.76
2015-12-31 1,467.79 388.03 90.99
2015-09-30 1,317.67 359.45 281.62
2015-06-30 1,212.76 349.35 514.89
2015-03-31 1,182.73 355.54 428.78
2014-12-31 911.84 321.38 150.20
2014-09-30 879.02 491.51 112.08
2014-06-30 853.66 401.82 110.69
2014-03-31 656.67 396.98 188.35
2013-12-31 632.53 398.95 195.98
2013-09-30 611.71 396.11 124.46
2013-06-30 534.57 481.34 60.89
2013-03-31 527.13 376.42 162.58
2012-12-31 511.11 375.26 207.97
2012-09-30 481.28 378.23 126.64
2012-06-30 463.01 436.25 66.36
2012-03-31 446.07 389.42 143.76
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Bank OZK has an acceptable proportion of non-loan assets held.
  • Bank OZK's liabilities are made up of primarily low risk sources of funding.
  • Loans at Bank OZK are broadly funded by customer deposits.
  • Bank OZK's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Bank OZK has a sufficient allowance for bad loans.
  • Bank OZK has an acceptable level of bad loans (less than 2%).
X
Financial health checks
We assess Bank OZK's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Bank OZK has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

BO8 Dividends

 What is Bank OZK's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.96%
Current annual income from Bank OZK dividends. Estimated to be 3.16% next year.
If you bought €2,000 of Bank OZK shares you are expected to receive €59 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Bank OZK's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.49%).
  • Bank OZK's dividend is below the markets top 25% of dividend payers in Germany (3.83%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:BO8 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
Germany Banks Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:BO8 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 1.00 3.00
2020-12-31 0.97 11.00
2019-12-31 0.89 11.00
DB:BO8 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-02 0.880 2.913
2018-10-01 0.840 3.141
2018-07-02 0.800 1.956
2018-04-02 0.780 1.640
2018-01-02 0.760 1.506
2017-10-02 0.740 1.595
2017-07-03 0.720 1.620
2017-04-03 0.700 1.473
2017-01-03 0.680 1.267
2016-10-03 0.660 1.509
2016-07-01 0.640 1.690
2016-04-01 0.620 1.582
2016-01-04 0.600 1.431
2015-10-01 0.580 1.160
2015-07-01 0.560 1.287
2015-04-01 0.540 1.277
2015-01-02 0.520 1.462
2014-10-01 0.500 1.437
2014-07-01 0.480 1.490
2014-04-01 0.460 1.485
2014-01-02 0.440 1.419
2013-10-01 0.420 1.625
2013-07-01 0.380 1.617
2013-04-01 0.340 1.598
2013-01-02 0.300 1.568
2012-10-01 0.280 1.713
2012-07-02 0.260 1.598
2012-04-02 0.240 1.606
2012-01-03 0.220 1.470
2011-10-03 0.200 1.541
2011-07-01 0.190 1.631
2011-04-01 0.180 1.523
2011-01-03 0.170 1.574
2010-10-01 0.160 1.626
2010-07-01 0.150 1.627
2010-04-05 0.150 1.647
2010-01-07 0.140 1.791
2009-10-20 0.130 1.986
2009-10-13 0.130 2.061
2009-04-21 0.130 2.163
2009-03-23 0.130 2.229

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Bank OZK's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.7x coverage).
X
Income/ dividend checks
We assess Bank OZK's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Bank OZK afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bank OZK has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

BO8 Management

 What is the CEO of Bank OZK's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
George Gleason
COMPENSATION $6,372,351
AGE 64
TENURE AS CEO 40.2 years
CEO Bio

Mr. George G. Gleason, II has been Chairman of the Board, Chief Executive Officer and President of Bank of The Ozarks since 1979. Mr. Gleason’s qualifications to serve on the Board include his extensive experience in banking, strategic planning and his leadership skills as demonstrated by his 35 years of service to the Company. He serves as a Director of Bank of The Ozarks. He holds a B.A. in Business and Economics from Hendrix College and a J.D. from the University of Arkansas.

CEO Compensation
  • George's compensation has been consistent with company performance over the past year.
  • George's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Bank OZK management team in years:

5.7
Average Tenure
52
Average Age
  • The average tenure for the Bank OZK management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

George Gleason

TITLE
Chairman & CEO
COMPENSATION
$6M
AGE
64
TENURE
40.2 yrs

Greg McKinney

TITLE
Chief Accounting Officer & CFO
COMPENSATION
$2M
AGE
50
TENURE
8.3 yrs

Tyler Vance

TITLE
Chief Operating Officer
COMPENSATION
$2M
AGE
44
TENURE
5.4 yrs

Tim Hicks

TITLE
Chief Administrative Officer & Executive Director of Investor Relations
COMPENSATION
$2M
AGE
45
TENURE
1.7 yrs

Paschall Hamblen

TITLE
President & COO - Real Estate Specialties Group (RESG)
COMPENSATION
$1M
AGE
52
TENURE
0.6 yrs

Gregory Berg

TITLE
Senior Vice President
TENURE
14.3 yrs

George Schaefer

TITLE
Executive Vice President of Mortgage Lending

Dennis James

TITLE
Executive VP and Director of Regulatory & Government Relations
AGE
67
TENURE
7.2 yrs

Richard Smith

TITLE
Managing Director
TENURE
5.7 yrs

Julie Cripe

TITLE
President of South Texas Division
AGE
64
TENURE
5 yrs
Board of Directors Tenure

Average tenure and age of the Bank OZK board of directors in years:

7.9
Average Tenure
63.5
Average Age
  • The tenure for the Bank OZK board of directors is about average.
Board of Directors

George Gleason

TITLE
Chairman & CEO
COMPENSATION
$6M
AGE
64
TENURE
40.2 yrs

Bob East

TITLE
Director
COMPENSATION
$173K
AGE
70
TENURE
21.7 yrs

Nicholas Brown

TITLE
Director
COMPENSATION
$152K
AGE
59
TENURE
6.9 yrs

Peter Kenny

TITLE
Presiding Independent Director
COMPENSATION
$242K
AGE
59

Ross Whipple

TITLE
Director
COMPENSATION
$150K
AGE
67
TENURE
4.8 yrs

Bill Koefoed

TITLE
Director
COMPENSATION
$152K
AGE
53
TENURE
3.8 yrs

Linda Gleason

TITLE
Director
COMPENSATION
$184K
AGE
63
TENURE
31.9 yrs

Richard Cisne

TITLE
Director
COMPENSATION
$147K
AGE
67
TENURE
14.9 yrs

Robert Proost

TITLE
Director
COMPENSATION
$214K
AGE
81
TENURE
7.9 yrs

John Reynolds

TITLE
Director
COMPENSATION
$153K
AGE
53
TENURE
6.9 yrs
Who owns this company?
Recent Insider Trading
  • Bank OZK insiders have only sold shares in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
14. Feb 19 Sell Jennifer Junker Individual 13. Feb 19 13. Feb 19 -1,123 €28.48 €-31,981
11. Jan 19 Sell Alan Jessup Individual 02. Oct 18 02. Oct 18 -1,085 €32.61 €-35,384
17. Dec 18 Buy Ross Whipple Individual 13. Dec 18 13. Dec 18 29,000 €19.86 €575,793
16. Nov 18 Buy John Carter Individual 14. Nov 18 14. Nov 18 1,751 €22.50 €39,391
16. Nov 18 Buy Christopher Orndorff Individual 14. Nov 18 14. Nov 18 4,000 €22.83 €91,308
31. Oct 18 Buy Catherine Freedberg Individual 30. Oct 18 30. Oct 18 2,000 €23.31 €46,610
26. Oct 18 Buy Paschall Hamblen Individual 25. Oct 18 25. Oct 18 4,063 €21.64 €87,922
26. Oct 18 Buy Tim Hicks Individual 26. Oct 18 26. Oct 18 2,000 €21.52 €43,047
25. Oct 18 Buy Jeffrey Gearhart Individual 23. Oct 18 23. Oct 18 4,000 €21.88 €87,508
25. Oct 18 Buy Brad Rebel Individual 24. Oct 18 24. Oct 18 1,200 €21.69 €26,033
25. Oct 18 Buy Ross Whipple Individual 23. Oct 18 23. Oct 18 85,000 €21.79 €1,852,143
25. Oct 18 Buy Dennis James Individual 23. Oct 18 23. Oct 18 8,000 €21.50 €172,020
25. Oct 18 Buy Walter Mullen Individual 23. Oct 18 23. Oct 18 1,100 €21.73 €23,902
05. Sep 18 Buy Walter Mullen Individual 04. Sep 18 04. Sep 18 500 €34.83 €17,414
15. Aug 18 Buy Kathleen Franklin Individual 14. Aug 18 14. Aug 18 515 €35.44 €18,252
02. Aug 18 Buy Kathleen Franklin Individual 31. Jul 18 31. Jul 18 485 €34.81 €16,884
27. Jul 18 Buy William Koefoed Individual 25. Jul 18 25. Jul 18 1,000 €34.83 €34,833
23. Jul 18 Buy Ross Whipple Individual 19. Jul 18 19. Jul 18 35,000 €36.60 €1,281,011
20. Jul 18 Sell Paula H. Cholmondeley Individual 19. Jul 18 19. Jul 18 -2,008 €36.65 €-73,598
20. Jul 18 Buy Paula H. Cholmondeley Individual 19. Jul 18 19. Jul 18 2,008 €36.67 €73,632
18. Jul 18 Buy Jeffrey Gearhart Individual 16. Jul 18 17. Jul 18 2,380 €36.42 €85,634
X
Management checks
We assess Bank OZK's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Bank OZK has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

BO8 News

Simply Wall St News

BO8 Company Info

Description

Bank OZK provides retail and commercial banking services to businesses, individuals, and non-profit and governmental entities. The company accepts non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. Its loan products include loans secured by residential 1-4 family, non-farm/non-residential, agricultural, construction/land development, multifamily residential properties, and other land loans; small business and consumer loans; indirect consumer marine and RV loans; small business administration, farm service agency, and USDA guaranteed loans; commercial and industrial loans; and loans to businesses or individuals engages in the production of timber, poultry, livestock, or crops. The company also ACH, wire transfer, zero balance accounts, transaction reporting, wholesale lockbox, remote deposit capture, automated credit line transfer, investment sweep accounts, reconciliation, positive pay, and merchant and commercial card services. In addition, it provides personal trusts, custodial accounts, investment management accounts, and retirement accounts; and trustee, paying agent and registered transfer agent services, and other incidental services. Further, the company is involved in the provision of real estate appraisals; ATMs; telephone banking; electronic bill pay and mobile deposits; debit cards; safe deposit boxes; investment securities services; and other products and services, as well as processes merchant debit and credit card transactions, as well as real estate development and corporate aircraft businesses. As of December 31, 2018, it operated 251 offices in Arkansas, Georgia, Florida, North Carolina, Texas, Alabama, South 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.

Details
Name: Bank OZK
BO8
Exchange: DB
Founded: 1903
$3,500,824,671
128,600,708
Website: http://www.ozk.com
Address: Bank OZK
17901 Chenal Parkway,
Little Rock,
Arkansas, 72223,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS OZK Common Stock Nasdaq Global Select US USD 17. Jul 1997
DB BO8 Common Stock Deutsche Boerse AG DE EUR 17. Jul 1997
BMV OZK * Common Stock Bolsa Mexicana de Valores MX MXN 17. Jul 1997
Number of employees
Current staff
Staff numbers
2,563
Bank OZK employees.
Industry
Regional Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 21:55
End of day share price update: 2019/03/20 00:00
Last estimates confirmation: 2019/03/06
Last earnings filing: 2019/02/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.