Announcement • Apr 04
Bank OZK, Annual General Meeting, May 18, 2026 Bank OZK, Annual General Meeting, May 18, 2026. Location: 18000 cantrell road, little rock, arkansas 72223, United States Announcement • Apr 02
Bank OZK Declares Quarterly Common Stock Dividend, Payable on April 20, 2026 Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.47 per share, up $0.01, or 2.17% from the prior quarter. The common stock dividend is payable on April 20, 2026 to shareholders of record as of April 13, 2026. Announcement • Apr 01
Bank OZK to Report Q1, 2026 Results on Apr 21, 2026 Bank OZK announced that they will report Q1, 2026 results at 4:00 PM, US Eastern Standard Time on Apr 21, 2026 Announcement • Jan 03
Bank OZK Announces Increase to Quarterly Common Stock Dividend, Payable on January 20, 2026 Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.46 per share, up $0.01, or 2.22% from the prior quarter. The common stock dividend is payable on January 20, 2026, to shareholders of record as of January 13, 2026. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last sixty-two quarters. Announcement • Dec 31
Bank OZK to Report Q4, 2025 Results on Jan 20, 2026 Bank OZK announced that they will report Q4, 2025 results After-Market on Jan 20, 2026 Announcement • Oct 02
Bank OZK Announces Increase to Quarterly Common Stock Dividend, Payable on October 21, 2025 Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.45 per share, up $0.01, or 2.27% from the prior quarter. The common stock dividend is payable on October 21, 2025 to shareholders of record as of October 14, 2025. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last sixty-one quarters. Announcement • Oct 01
Bank OZK to Report Q3, 2025 Results on Oct 16, 2025 Bank OZK announced that they will report Q3, 2025 results After-Market on Oct 16, 2025 Announcement • Jul 02
Bank OZK Declares Quarterly Cash Dividend on Common Stock, Payable on July 18, 2025 Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.44 per share, up $0.01, or 2.33% from the prior quarter. The common stock dividend is payable on July 18, 2025 to shareholders of record as of July 11, 2025. Announcement • Jul 01
Bank OZK to Report Q2, 2025 Results on Jul 17, 2025 Bank OZK announced that they will report Q2, 2025 results After-Market on Jul 17, 2025 Announcement • Apr 02
Bank OZK Declares Quarterly Cash Dividend, Payable on April 21, 2025 Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.43 per share, up $0.01, or 2.38% from the prior quarter. The common stock dividend is payable on April 21, 2025 to shareholders of record as of April 14, 2025. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty-nine quarters. Announcement • Apr 01
Bank OZK to Report Q1, 2025 Results on Apr 16, 2025 Bank OZK announced that they will report Q1, 2025 results After-Market on Apr 16, 2025 Announcement • Jan 03
Bank OZK Declares Quarterly Common Stock Dividend, Payable on January 21, 2025 Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.42 per share, up $0.01, or 2.44% from the prior quarter. The common stock dividend is payable on January 21, 2025 to shareholders of record as of January 14, 2025. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty-eight quarters. Announcement • Dec 31
Bank OZK to Report Q4, 2024 Results on Jan 16, 2025 Bank OZK announced that they will report Q4, 2024 results After-Market on Jan 16, 2025 Recent Insider Transactions • Oct 28
Chief Financial Officer recently sold €407k worth of stock On the 24th of October, Tim Hicks sold around 10k shares on-market at roughly €40.71 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Tim has been a net seller over the last 12 months, reducing personal holdings by €1.1m. Reported Earnings • Oct 18
Third quarter 2024 earnings released: EPS: US$1.56 (vs US$1.50 in 3Q 2023) Third quarter 2024 results: EPS: US$1.56 (up from US$1.50 in 3Q 2023). Revenue: US$376.6m (up 11% from 3Q 2023). Net income: US$177.1m (up 4.4% from 3Q 2023). Profit margin: 47% (down from 50% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Declared Dividend • Oct 07
Second quarter dividend of US$0.41 announced Shareholders will receive a dividend of US$0.41. Ex-date: 11th October 2024 Payment date: 18th October 2024 Dividend yield will be 3.9%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (25% payout ratio) and is expected to be well covered in 3 years' time (26% forecast payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Oct 02
Bank OZK Declares Quarterly Cash Dividend on Common Stock, Payable on October 18, 2024 Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.41 per share, up $0.01, or 2.5% from the prior quarter. The common stock dividend is payable on October 18, 2024 to shareholders of record as of October 11, 2024. Announcement • Oct 01
Bank OZK to Report Q3, 2024 Results on Oct 17, 2024 Bank OZK announced that they will report Q3, 2024 results After-Market on Oct 17, 2024 Reported Earnings • Jul 18
Second quarter 2024 earnings released: EPS: US$1.53 (vs US$1.47 in 2Q 2023) Second quarter 2024 results: EPS: US$1.53 (up from US$1.47 in 2Q 2023). Revenue: US$367.8m (up 7.7% from 2Q 2023). Net income: US$173.5m (up 3.3% from 2Q 2023). Profit margin: 47% (down from 49% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Jul 18
Bank OZK (NasdaqGS:OZK) announces an Equity Buyback for $200 million worth of its shares. Bank OZK (NasdaqGS:OZK) announces a share repurchase program. Under the program, the company will repurchase up to $200 million worth of common stock. The program is valid till July 1, 2025. Declared Dividend • Jul 08
First quarter dividend of US$0.40 announced Shareholders will receive a dividend of US$0.40. Ex-date: 12th July 2024 Payment date: 19th July 2024 Dividend yield will be 3.9%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (24% payout ratio) and is expected to be well covered in 3 years' time (26% forecast payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 25% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 02
Bank OZK Announces Increase to Quarterly Common Stock Dividend, Payable on July 19, 2024 Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.40 per share, up $0.01, or 2.56% from the prior quarter. The common stock dividend is payable on July 19, 2024 to shareholders of record as of July 12, 2024. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty-six quarters. Announcement • Jun 28
Bank OZK to Report Q2, 2024 Results on Jul 17, 2024 Bank OZK announced that they will report Q2, 2024 results After-Market on Jul 17, 2024 Valuation Update With 7 Day Price Move • May 31
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €36.31, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 13% over the past three years. Reported Earnings • May 09
First quarter 2024 earnings released: EPS: US$1.51 (vs US$1.42 in 1Q 2023) First quarter 2024 results: EPS: US$1.51 (up from US$1.42 in 1Q 2023). Revenue: US$363.1m (up 9.9% from 1Q 2023). Net income: US$171.5m (up 3.4% from 1Q 2023). Profit margin: 47% (down from 50% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • May 02
Chief Operating Officer recently sold €371k worth of stock On the 29th of April, Cynthia Wolfe sold around 9k shares on-market at roughly €42.78 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Cynthia has been a net seller over the last 12 months, reducing personal holdings by €617k. Reported Earnings • Apr 18
First quarter 2024 earnings released: EPS: US$1.51 (vs US$1.42 in 1Q 2023) First quarter 2024 results: EPS: US$1.51 (up from US$1.42 in 1Q 2023). Revenue: US$363.1m (up 9.9% from 1Q 2023). Net income: US$171.5m (up 3.4% from 1Q 2023). Profit margin: 47% (down from 50% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Declared Dividend • Apr 08
Fourth quarter dividend of US$0.39 announced Shareholders will receive a dividend of US$0.39. Ex-date: 11th April 2024 Payment date: 19th April 2024 Dividend yield will be 3.5%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (24% payout ratio) and is expected to be well covered in 3 years' time (21% forecast payout ratio). The dividend has increased by an average of 15% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 17% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 02
Bank OZK Declares Quarterly Cash Dividend on Common Stock, Payable on April 19, 2024 Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.39 per share, up $0.01, or 2.63% from the prior quarter. The common stock dividend is payable on April 19, 2024 to shareholders of record as of April 12, 2024. The Bank has increased its quarterly cash dividend on its common stock in each of the last fifty-five quarters. Announcement • Mar 29
Bank OZK to Report Q1, 2024 Results on Apr 17, 2024 Bank OZK announced that they will report Q1, 2024 results After-Market on Apr 17, 2024 Announcement • Mar 17
Bank OZK, Annual General Meeting, May 06, 2024 Bank OZK, Annual General Meeting, May 06, 2024, at 08:30 Central Daylight. Location: 18000 Cantrell Road Little Rock Arkansas City United States Agenda: To discuss the election of directors; to ratify the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024; and to discuss other matters. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: US$5.89 (vs US$4.55 in FY 2022) Full year 2023 results: EPS: US$5.89 (up from US$4.55 in FY 2022). Revenue: US$1.37b (up 19% from FY 2022). Net income: US$674.6m (up 23% from FY 2022). Profit margin: 49% (up from 48% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 5.16% (up from 4.82% in FY 2022). Cost-to-income ratio: 33.7% (down from 35.8% in FY 2022). Non-performing loans: 0.25% (no change from 0.25% in FY 2022). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jan 29
Chief Financial Officer recently sold €415k worth of stock On the 23rd of January, Tim Hicks sold around 9k shares on-market at roughly €45.55 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €4.7m. Tim has been a net seller over the last 12 months, reducing personal holdings by €1.0m. Reported Earnings • Jan 19
Full year 2023 earnings released: EPS: US$5.89 (vs US$4.55 in FY 2022) Full year 2023 results: EPS: US$5.89 (up from US$4.55 in FY 2022). Revenue: US$1.40b (up 21% from FY 2022). Net income: US$674.6m (up 23% from FY 2022). Profit margin: 48% (in line with FY 2022). Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Jan 19
Bank OZK Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023 Bank OZK reported net charge-offs for the fourth quarter ended December 31, 2023. For the quarter, the company reported net charge-offs of $4,090,000 against $2,866,000 a year ago. Announcement • Jan 03
Bank OZK Declares Quarterly Cash Dividend, Payable on January 23, 2024 Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.38 per share, up $0.01, or 2.70% from the prior quarter. The common stock dividend is payable on January 23, 2024 to shareholders of record as of January 16, 2024. Announcement • Dec 29
Bank OZK to Report Q4, 2023 Results on Jan 18, 2024 Bank OZK announced that they will report Q4, 2023 results After-Market on Jan 18, 2024 Recent Insider Transactions • Dec 18
Independent Director recently sold €4.7m worth of stock On the 14th of December, Ross Whipple sold around 100k shares on-market at roughly €46.84 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €7.2m more than they bought in the last 12 months. Recent Insider Transactions • Dec 07
President recently sold €813k worth of stock On the 4th of December, Paschall Hamblen sold around 20k shares on-market at roughly €40.66 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Paschall has been a net seller over the last 12 months, reducing personal holdings by €1.2m. Recent Insider Transactions • Nov 23
President recently sold €378k worth of stock On the 14th of November, Paschall Hamblen sold around 10k shares on-market at roughly €37.78 per share. This transaction amounted to 9.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Paschall's only on-market trade for the last 12 months. Announcement • Nov 17
Bank OZK Appoints Randall Bond as Regional Director for Trust and Wealth Group in Arkansas and Texas Bank OZK announced that Randall Bond has been appointed as regional director for the bank's Trust and Wealth Group where he will oversee the Arkansas and Texas markets. In this role, Bond will lead an experienced team of trust professionals focused on the wealth management, fiduciary, advisory and planning needs of Bank OZK clients. Apart from providing comprehensive advice and outstanding client service, Bond will focus on business development, including strategies to serve a greater number of existing Bank OZK clients while also attracting new clients. Bond was most recently the chief growth officer and head of Trust and Wealth Management Consulting at FiPar Financial Inc. He previously managed trust services, financial planning and wealth strategy at Texas Capital Bank as chief fiduciary officer and head of Trust and Wealth Strategy. Before leading trust and wealth strategy at Texas Capital Bank, Bond served as the fiduciary market manager for Texas and Arizona for PNC Bank. During his career, Bond has also served as the chief fiduciary officer at BBVA USA. Announcement • Oct 20
Bank OZK Announces Net Charge-Offs for the Third Quarter Ended September 30, 2023 Bank OZK announced net charge-offs for the third quarter ended September 30, 2023. For the period, the company announced net charge-offs of $9,370,000 compared to $4,074,000 a year ago. Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: US$1.50 (vs US$1.08 in 3Q 2022) Third quarter 2023 results: EPS: US$1.50 (up from US$1.08 in 3Q 2022). Revenue: US$349.0m (up 25% from 3Q 2022). Net income: US$169.7m (up 32% from 3Q 2022). Profit margin: 49% (up from 46% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year. Announcement • Oct 05
Bank Ozk Declares Quarterly Cash Dividend, Payable on October 20, 2023 Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.37 per share, up $0.01, or 2.78% from the prior quarter. The common stock dividend is payable on October 20, 2023 to shareholders of record as of October 13, 2023. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty-three quarters. Announcement • Sep 30
Bank OZK to Report Q3, 2023 Results on Oct 19, 2023 Bank OZK announced that they will report Q3, 2023 results After-Market on Oct 19, 2023 Reported Earnings • Jul 21
Second quarter 2023 earnings released: EPS: US$1.47 (vs US$1.10 in 2Q 2022) Second quarter 2023 results: EPS: US$1.47 (up from US$1.10 in 2Q 2022). Revenue: US$341.5m (up 22% from 2Q 2022). Net income: US$167.9m (up 27% from 2Q 2022). Profit margin: 49% (up from 47% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 26% per year whereas the company’s share price has increased by 23% per year. Announcement • Jun 30
Bank OZK to Report Q2, 2023 Results on Jul 20, 2023 Bank OZK announced that they will report Q2, 2023 results After-Market on Jul 20, 2023 Recent Insider Transactions • Jun 08
Insider recently sold €131k worth of stock On the 2nd of June, Alan Jessup sold around 4k shares on-market at roughly €34.57 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €658k more than they bought in the last 12 months. Reported Earnings • Apr 21
First quarter 2023 earnings released: EPS: US$1.42 (vs US$1.03 in 1Q 2022) First quarter 2023 results: EPS: US$1.42 (up from US$1.03 in 1Q 2022). Revenue: US$336.8m (up 24% from 1Q 2022). Net income: US$165.9m (up 30% from 1Q 2022). Profit margin: 49% (up from 47% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 25% per year. Recent Insider Transactions • Mar 17
Independent Director recently bought €105k worth of stock On the 13th of March, Christopher Orndorff bought around 3k shares on-market at roughly €35.14 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €579k more in shares than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to €34.40, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 127% over the past three years. Reported Earnings • Mar 05
Full year 2022 earnings released: EPS: US$4.55 (vs US$4.49 in FY 2021) Full year 2022 results: EPS: US$4.55. Revenue: US$1.15b (down 1.2% from FY 2021). Net income: US$547.5m (down 5.4% from FY 2021). Profit margin: 48% (down from 50% in FY 2021). The decrease in margin was primarily driven by higher expenses. Net interest margin (NIM): 4.82% (up from 4.09% in FY 2021). Cost-to-income ratio: 35.8% (down from 38.8% in FY 2021). Non-performing loans: 0.25% (no change from 0.25% in FY 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Banks industry in Europe. Recent Insider Transactions • Feb 01
Chief Risk Officer recently sold €148k worth of stock On the 25th of January, Scott Trapani sold around 4k shares on-market at roughly €39.93 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €657k more than they bought in the last 12 months. Reported Earnings • Jan 24
Full year 2022 earnings released: EPS: US$4.55 (vs US$4.49 in FY 2021) Full year 2022 results: EPS: US$4.55. Revenue: US$1.15b (down 1.2% from FY 2021). Net income: US$547.5m (down 5.4% from FY 2021). Profit margin: 48% (down from 50% in FY 2021). The decrease in margin was primarily driven by higher expenses. Net interest margin (NIM): 4.82% (up from 4.09% in FY 2021). Cost-to-income ratio: 35.8% (down from 38.8% in FY 2021). Non-performing loans: 0.22% (down from 0.25% in FY 2021). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Announcement • Jan 04
Bank OZK Announces Quarterly Common Stock Dividend, Payable on January 24, 2023 Bank OZK announced its Board of Directors declared a quarterly cash dividend on the Bank’s common stock of $0.34 per share, up $0.01, or 3.03% from the prior quarter. The common stock dividend is payable on January 24, 2023 to shareholders of record as of January 17, 2023. Bank OZK has increased its quarterly cash dividend on its common stock in each of the last fifty quarters. Announcement • Dec 30
Bank OZK to Report Q4, 2022 Results on Jan 19, 2023 Bank OZK announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Jan 19, 2023 Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 5 highly experienced directors. Independent Director Steve Sadoff was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: US$1.08 (vs US$1.01 in 3Q 2021) Third quarter 2022 results: EPS: US$1.08. Revenue: US$284.0m (flat on 3Q 2021). Net income: US$128.3m (down 1.5% from 3Q 2021). Profit margin: 45% (down from 46% in 3Q 2021). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Banks industry in Europe. Reported Earnings • Jul 23
Second quarter 2022 earnings released: EPS: US$1.10 (vs US$1.16 in 2Q 2021) Second quarter 2022 results: EPS: US$1.10 (down from US$1.16 in 2Q 2021). Revenue: US$280.5m (down 7.6% from 2Q 2021). Net income: US$132.4m (down 12% from 2Q 2021). Profit margin: 47% (down from 50% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the next year, revenue is forecast to grow 9.0%, compared to a 14% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jun 09
Presiding Independent Director recently sold €97k worth of stock On the 6th of June, Peter Kenny sold around 3k shares on-market at roughly €38.92 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.4m more than they bought in the last 12 months. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: US$1.03 (vs US$1.15 in 1Q 2021) First quarter 2022 results: EPS: US$1.03 (down from US$1.15 in 1Q 2021). Revenue: US$271.2m (down 7.4% from 1Q 2021). Net income: US$128.0m (down 14% from 1Q 2021). Profit margin: 47% (down from 51% in 1Q 2021). Over the next year, revenue is forecast to grow 4.4%, compared to a 8.1% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Reported Earnings • Apr 23
First quarter 2022 earnings released: EPS: US$1.03 (vs US$1.15 in 1Q 2021) First quarter 2022 results: EPS: US$1.03 (down from US$1.15 in 1Q 2021). Revenue: US$271.2m (down 7.4% from 1Q 2021). Net income: US$128.0m (down 14% from 1Q 2021). Profit margin: 47% (down from 51% in 1Q 2021). Over the next year, revenue is forecast to grow 3.8%, compared to a 8.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 10% per year. Reported Earnings • Mar 04
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$4.49 (up from US$2.26 in FY 2020). Revenue: US$1.17b (up 49% from FY 2020). Net income: US$579.0m (up 98% from FY 2020). Profit margin: 50% (up from 37% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 4.09% (up from 3.81% in FY 2020). Cost-to-income ratio: 38.8% (down from 41.4% in FY 2020). Non-performing loans: 0.25% (down from 0.37% in FY 2020). Revenue exceeded analyst estimates by 2.6%. Over the next year, revenue is expected to shrink by 3.2% compared to a 9.3% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Feb 12
Independent Director recently sold €377k worth of stock On the 8th of February, Catherine Freedberg sold around 9k shares on-market at roughly €43.13 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.8m more than they bought in the last 12 months. Recent Insider Transactions • Feb 01
Insider recently sold €276k worth of stock On the 25th of January, Jennifer Junker sold around 6k shares on-market at roughly €42.71 per share. In the last 3 months, there was an even bigger sale from another insider worth €339k. Insiders have been net sellers, collectively disposing of €2.4m more than they bought in the last 12 months. Reported Earnings • Jan 21
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$4.49 (up from US$2.26 in FY 2020). Revenue: US$1.18b (up 50% from FY 2020). Net income: US$579.0m (up 98% from FY 2020). Profit margin: 49% (up from 37% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.6%. Over the next year, revenue is expected to shrink by 7.5% compared to a 11% growth forecast for the banks industry in Germany. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Nov 04
Independent Director recently sold €250k worth of stock On the 1st of November, Catherine Freedberg sold around 6k shares on-market at roughly €40.02 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.2m more than they bought in the last 12 months. Reported Earnings • Oct 22
Third quarter 2021 earnings released: EPS US$1.01 (vs US$0.84 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$281.4m (up 15% from 3Q 2020). Net income: US$130.3m (up 19% from 3Q 2020). Profit margin: 46% (up from 45% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Oct 07
Upcoming dividend of US$0.29 per share Eligible shareholders must have bought the stock before 14 October 2021. Payment date: 22 October 2021. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (3.3%). In line with average of industry peers (3.0%). Reported Earnings • Jul 24
Second quarter 2021 earnings released: EPS US$1.16 (vs US$0.39 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$299.4m (up 80% from 2Q 2020). Net income: US$150.5m (up 200% from 2Q 2020). Profit margin: 50% (up from 30% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 1% per year. Announcement • Jul 23
Bank OZK (NasdaqGS:OZK) announces an Equity Buyback for $300 million worth of its shares. Bank OZK (NasdaqGS:OZK) announces a share repurchase program. Under the program, the company will repurchase up to $300 million worth of common stock. The program is valid till July 1, 2022. Recent Insider Transactions • Jun 11
Chief Financial Officer recently sold €299k worth of stock On the 8th of June, Gregory McKinney sold around 8k shares on-market at roughly €36.50 per share. This was the largest sale by an insider in the last 3 months. This was Gregory's only on-market trade for the last 12 months. Reported Earnings • May 11
First quarter 2021 earnings released The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$296.9m (up 149% from 1Q 2020). Net income: US$148.4m (up US$136.6m from 1Q 2020). Profit margin: 50% (up from 10.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Executive Departure • May 07
Independent Director has left the company On the 4th of May, John Reynolds' tenure as Independent Director ended after 9.1 years in the role. We don't have any record of a personal shareholding under John's name. A total of 2 executives have left over the last 12 months. Executive Departure • May 07
Independent Director has left the company On the 4th of May, Walter Mullen's tenure as Independent Director ended after 5.0 years in the role. As of December 2020, Walter personally held 11.33k shares (€283k worth at the time). A total of 2 executives have left over the last 12 months. Reported Earnings • Apr 24
First quarter 2021 earnings released: EPS US$1.15 (vs US$0.092 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$298.3m (up 150% from 1Q 2020). Net income: US$148.4m (up US$136.6m from 1Q 2020). Profit margin: 50% (up from 10.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Mar 11
Chairman & CEO recently sold €923k worth of stock On the 8th of March, George Gleason sold around 25k shares on-market at roughly €37.32 per share. This was the largest sale by an insider in the last 3 months. This was George's only on-market trade for the last 12 months. Recent Insider Transactions • Feb 21
Independent Director recently sold €265k worth of stock On the 17th of February, Walter Mullen sold around 8k shares on-market at roughly €33.13 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €395k more than they bought in the last 12 months. Is New 90 Day High Low • Feb 16
New 90-day high: €32.20 The company is up 32% from its price of €24.40 on 17 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €64.40 per share. Recent Insider Transactions • Feb 03
Independent Director recently sold €213k worth of stock On the 27th of January, Catherine Freedberg sold around 7k shares on-market at roughly €31.62 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €155k more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improved over the past week After last week's 15% share price gain to US$32.00, the stock is trading at a trailing P/E ratio of 16.6x, up from the previous P/E ratio of 14.4x. This compares to an average P/E of 12x in the Banks industry in Europe. Total return to shareholders over the past three years is a loss of 12%. Is New 90 Day High Low • Jan 26
New 90-day high: €29.60 The company is up 48% from its price of €20.00 on 28 October 2020. The German market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €61.10 per share. Reported Earnings • Jan 23
Full year 2020 earnings released: EPS US$2.26 The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$789.0m (down 18% from FY 2019). Net income: US$291.9m (down 32% from FY 2019). Profit margin: 37% (down from 44% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year. Reported Earnings • Jan 22
Full year 2020 earnings released: EPS US$2.26 The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$789.6m (down 18% from FY 2019). Net income: US$291.9m (down 32% from FY 2019). Profit margin: 37% (down from 44% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year. Announcement • Jan 22
Bank OZK Names Alan Randolph as Regional Director for Community Banking in Four States Alan Randolph has been named Bank OZK's regional director for community banking in four states. Randolph, who splits his time between South Florida and St. Petersburg, previously served as the regional director for Florida and New York. In addition to continuing to oversee those two states, he will also assume responsibilities for Georgia and Texas. In this role, Randolph will be responsible for growing deposits in Bank OZK's 138 banking centers across the four states. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 16% share price gain to US$29.00, the stock is trading at a trailing P/E ratio of 16.7x, up from the previous P/E ratio of 14.4x. This compares to an average P/E of 12x in the Banks industry in Europe. Total return to shareholders over the past three years is a loss of 26%. Is New 90 Day High Low • Jan 07
New 90-day high: €27.40 The company is up 42% from its price of €19.30 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €55.60 per share. Announcement • Dec 17
Bank Ozk Names Jake Shapiro as Managing Director, Digital Banking Bank OZK announced that Jake Shapiro has joined the bank as Managing Director, Digital Banking. Shapiro is an accomplished business transformation leader with expertise in leading-edge technologies and digital banking platforms for international and domestic organizations. Is New 90 Day High Low • Dec 08
New 90-day high: €25.00 The company is up 32% from its price of €19.00 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €44.18 per share. Recent Insider Transactions • Dec 03
Insider recently sold €101k worth of stock On the 25th of November, Dennis James sold around 4k shares on-market at roughly €25.03 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €166k more than they sold in the last 12 months. Reported Earnings • Nov 12
Third quarter 2020 earnings released: EPS US$0.84 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$244.1m (up 2.9% from 3Q 2019). Net income: US$109.3m (up 5.2% from 3Q 2019). Profit margin: 45% (up from 44% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 14% per year. Analyst Estimate Surprise Post Earnings • Nov 12
Revenue beats expectations Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 30%, compared to a 20% growth forecast for the Banks industry in Germany. Is New 90 Day High Low • Nov 11
New 90-day high: €23.60 The company is up 5.0% from its price of €22.40 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €46.75 per share. 
