OZK

Bank OZKNasdaqGS:OZK Stock Report

Market Cap

US$5.3b

7D

-0.8%

1Y

83.3%

Updated

16 Sep, 2021

Data

Company Financials +
OZK fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends5/6

OZK Overview

Bank OZK provides various retail and commercial banking services.

Bank OZK Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bank OZK
Historical stock prices
Current Share PriceUS$40.82
52 Week HighUS$20.10
52 Week LowUS$45.83
Beta1.8
1 Month Change-3.29%
3 Month Change5.07%
1 Year Change83.30%
3 Year Change1.19%
5 Year Change6.11%
Change since IPO3,454.40%

Recent News & Updates

Jul 19

Bank OZK - The Upside Was There, And There's Some Left

My position remaining in Bank OZK is limited, but it's offered significant returns since my last article almost 2 years ago. The company thrived after the pandemic, and the upside for this bank that I noted, following the fall during COVID, realized. The current upside in the bank is based on very realistic reversion of earnings, starting in FY21. It makes the company a potentially worthy "BUY" - but be careful due to lack of credit rating, some volatility, and attractive other financials.

Jul 05
Bank OZK (NASDAQ:OZK) Will Pay A Larger Dividend Than Last Year At US$0.28

Bank OZK (NASDAQ:OZK) Will Pay A Larger Dividend Than Last Year At US$0.28

Bank OZK ( NASDAQ:OZK ) has announced that it will be increasing its dividend on the 19th of July to US$0.28. The...

Shareholder Returns

OZKUS BanksUS Market
7D-0.8%0.05%-0.6%
1Y83.3%62.7%33.7%

Return vs Industry: OZK exceeded the US Banks industry which returned 62.7% over the past year.

Return vs Market: OZK exceeded the US Market which returned 33.7% over the past year.

Price Volatility

Is OZK's price volatile compared to industry and market?
OZK volatility
OZK Beta1.8
Industry Beta1.37
Market Beta1

Stable Share Price: OZK is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: OZK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19032,652George Gleasonhttps://www.ozk.com

Bank OZK provides various retail and commercial banking services. The company accepts various deposit products, including non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time deposits. It also offers real estate, consumer and business purpose, indirect recreational vehicle and marine, commercial and industrial, government guaranteed, agricultural, small business, homebuilder, and affordable housing loans; business aviation and subscription financing services; and mortgage and other lending products.

Valuation

Is Bank OZK undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: OZK ($40.82) is trading below our estimate of fair value ($81.98)

Significantly Below Fair Value: OZK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: OZK is good value based on its PE Ratio (10x) compared to the US Banks industry average (10.8x).

PE vs Market: OZK is good value based on its PE Ratio (10x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: OZK's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: OZK's PB Ratio (1.2x) is in line with the US Banks industry average.


Future Growth

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

-7.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: OZK's earnings are forecast to decline over the next 3 years (-7.5% per year).

Earnings vs Market: OZK's earnings are forecast to decline over the next 3 years (-7.5% per year).

High Growth Earnings: OZK's earnings are forecast to decline over the next 3 years.

Revenue vs Market: OZK's revenue (2.8% per year) is forecast to grow slower than the US market (9.7% per year).

High Growth Revenue: OZK's revenue (2.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: OZK's Return on Equity is forecast to be low in 3 years time (9.8%).


Past Performance

How has Bank OZK performed over the past 5 years?

5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: OZK has high quality earnings.

Growing Profit Margin: OZK's current net profit margins (48.1%) are higher than last year (35.4%).


Past Earnings Growth Analysis

Earnings Trend: OZK's earnings have grown by 5.8% per year over the past 5 years.

Accelerating Growth: OZK's earnings growth over the past year (98.1%) exceeds its 5-year average (5.8% per year).

Earnings vs Industry: OZK earnings growth over the past year (98.1%) exceeded the Banks industry 36%.


Return on Equity

High ROE: OZK's Return on Equity (11.7%) is considered low.


Financial Health

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


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: OZK's Assets to Equity ratio (5.9x) is low.

Allowance for Bad Loans: OZK has a sufficient allowance for bad loans (432%).

Low Risk Liabilities: 94% of OZK's liabilities are made up of primarily low risk sources of funding.

Loan Level: OZK has an appropriate level of Loans to Assets ratio (68%).

Low Risk Deposits: OZK's Loans to Deposits ratio (87%) is appropriate.

Level of Bad Loans: OZK has an appropriate level of bad loans (0.3%).


Dividend

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

2.79%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: OZK's dividend (2.79%) is higher than the bottom 25% of dividend payers in the US market (1.34%).

High Dividend: OZK's dividend (2.79%) is low compared to the top 25% of dividend payers in the US market (3.58%).


Stability and Growth of Payments

Stable Dividend: OZK's dividends per share have been stable in the past 10 years.

Growing Dividend: OZK's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27.1%), OZK's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: OZK's dividends in 3 years are forecast to be well covered by earnings (33.4% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average management tenure


CEO

George Gleason (67 yo)

42.67yrs

Tenure

US$4,796,412

Compensation

Mr. George G. Gleason, II has been Chairman of the Board, Chief Executive Officer and President of Bank OZK (formerly known as Bank of the Ozarks) since 1979. Mr. Gleason’s qualifications to serve on the B...


CEO Compensation Analysis

Compensation vs Market: George's total compensation ($USD4.80M) is about average for companies of similar size in the US market ($USD6.50M).

Compensation vs Earnings: George's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: OZK's management team is considered experienced (3.1 years average tenure).


Board Members

Experienced Board: OZK's board of directors are considered experienced (6.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Bank OZK's employee growth, exchange listings and data sources


Key Information

  • Name: Bank OZK
  • Ticker: OZK
  • Exchange: NasdaqGS
  • Founded: 1903
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$5.291b
  • Shares outstanding: 129.61m
  • Website: https://www.ozk.com

Number of Employees


Location

  • Bank OZK
  • 18000 Cantrell Road
  • Little Rock
  • Arkansas
  • 72223
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 22:50
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.