Bank OZK (NASDAQ:OZK – Get Free Report) announced its earnings results on Wednesday. The company reported $1.52 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.52, Briefing.com reports. Bank OZK had a return on equity of 14.73% and a net margin of 27.04%. The firm had revenue of $416.78 million for the quarter, compared to the consensus estimate of $414.39 million. During the same quarter in the previous year, the business earned $1.47 EPS. The company’s revenue was up 7.2% compared to the same quarter last year.
Bank OZK Trading Down 4.0 %
NASDAQ:OZK opened at $45.05 on Friday. The company has a market cap of $5.11 billion, a P/E ratio of 7.55 and a beta of 1.20. The stock’s fifty day moving average price is $42.37 and its two-hundred day moving average price is $44.01. Bank OZK has a 1 year low of $34.76 and a 1 year high of $52.36. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.01 and a quick ratio of 1.01.
Bank OZK Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, July 19th. Shareholders of record on Friday, July 12th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, July 12th. This represents a $1.60 annualized dividend and a dividend yield of 3.55%. This is an increase from Bank OZK’s previous quarterly dividend of $0.39. Bank OZK’s dividend payout ratio is currently 26.80%.
Analyst Ratings Changes
View Our Latest Stock Report on OZK
Bank OZK Company Profile
Bank OZK provides various retail and commercial banking services for individuals and businesses in the United States. The company offers deposit services, including non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time and reciprocal deposits.
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