Added to YB: 2024-07-22
Pitch date: 2024-07-19
OZK [bullish]
Bank OZK
+14.98%
current return
Author Info
Enterprising Investor shares analysis of value stocks. Sign up for the newsletter.
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Bank OZK operates as a full-service Arkansas state-chartered bank that provides retail and commercial banking services.
Market Cap
$5.1B
Pitch Price
$42.00
Price Target
N/A
Dividend
4.03%
EV/EBITDA
N/A
P/E
7.58
EV/Sales
N/A
Sector
Banks
Category
growth
Show full summary:
Enterprising Investor Watchlist and Portfolio Updates: Bank OZK
OZK: Record Q2 earnings +3.3% YoY, EPS $1.52 ($3.03 YTD). ROA 1.92%, ROE 13.98%. Loans +21.5% YoY, deposits +24.9%. $200M buyback (4% mkt cap). MS downgrade on slow-leasing life science loan; CEO unconcerned, citing strong sponsor. Net charge-offs slight increase to $11.8M. Recent dip may be buying opportunity.
Read full article (1 min)