Bank OZK Reports Record Q2 Income, Expanding Branch Network

Bank OZK Reports Record Q2 Income, Expanding Branch Network

Bank OZK of Little Rock (Nasdaq: OZK) on Thursday reported record second-quarter profit as total loans climbed higher and boosted interest income. The bank posted net income of $178.9 million, a 3.1% increase from $173.5 million in the second quarter of 2024. Per share, earnings came to $1.58. The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.51 per s…

Bank OZK Boosts CRE Lending, But Real Estate Share Of Portfolio Keeps Shrinking

Bank OZK recorded its strongest quarter for new commercial real estate loans since the second quarter of last year, but CRE now accounts for a smaller portion of its growing portfolio as other business lines gain ground and the bank continues trimming its real estate exposure.