The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the banks peer group is "buy."
Wall Street's median 12-month price target for Bank Ozk is $53.00, about 3.1% above its July 20 closing price of $51.43
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago
Quarterly results
US regional bank's Q2 net income fell 8.7% yr/yr
Diluted EPS for Q2 declined 5.7% from prior year
Company cited higher book value, capital ratios, and loan portfolio diversification
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$1.49
Q2 Net Income
$163.3 mln
Outlook and result drivers
Bank OZK did not provide specific guidance for the current or future periods
Loan portfolio diversification - Co said it continued to make progress diversifying its loan portfolio
OZK•
