Bank OZK (OZK) Company Report

Analyst Coverage

Research analysts who have asked questions during Bank OZK earnings calls.

Brian Martin

Janney Montgomery Scott

7 questions for OZK

Also covers: BFIN, BY, EFSC +10 more

Manan Gosalia

Morgan Stanley

7 questions for OZK

Also covers: CADE, CBC, CFG +17 more

Catherine Mealor

Keefe, Bruyette & Woods

6 questions for OZK

Also covers: ABCB, AUB, CADE +21 more

Stephen Scouten

Piper Sandler & Co.

5 questions for OZK

Also covers: ABCB, AMTB, AUB +24 more

Timur Braziler

Wells Fargo

5 questions for OZK

Also covers: ASB, BANC, BKU +16 more

Matt Olney

Stephens Inc.

4 questions for OZK

Also covers: BFST, BOKF, BSVN +20 more

Janet Lee

TD Cowen

3 questions for OZK

Also covers: AUB, COLB, EBC +15 more

Michael Rose

Raymond James Financial, Inc.

3 questions for OZK

Also covers: AMTB, BFST, BKU +25 more

Nicholas Holowko

UBS Group AG

2 questions for OZK

Also covers: CMA, FCNCA, FHN +5 more

Samuel Varga

UBS

2 questions for OZK

Also covers: BPOP, COLB, EWBC +9 more

Stephen Scouton

Piper Sandler

2 questions for OZK

Benjamin Gerlinger

Citigroup Inc.

1 question for OZK

Also covers: BANC, BKU, BOKF +18 more

Jordan Gantt

Stephens Inc.

1 question for OZK

Also covers: HTH

Jordan Ghent

Stephens Inc.

1 question for OZK

Also covers: BSVN, HTH, RNST +3 more

Jordan Gintz

Stephens

1 question for OZK

Tim Mitchell

Raymond James Financial

1 question for OZK

Also covers: HTH, PNFP, TCBX +1 more

Latest news

Recent press releases and 8-K filings for OZK.

Bank OZK Discusses Q4 2025 Performance, 2026 Outlook, and Strategic Initiatives

OZK

Guidance Update

Share Buyback

New Projects/Investments

Bank OZK expects 2026 results to be similar to 2024 and 2025, as it works through the late stages of the CRE cycle, with optimism for 2027.
The company aims for fee income to become a much larger part of its revenue longer-term, anticipating incremental improvements in 2026 and a real impact in 2027 and subsequent years, driven by CIB, mortgage, trust and wealth, and private banking initiatives.
In Q4 2025, Bank OZK bought back 2.25 million shares at an average price of $44.45, with just under $100 million remaining in its authorization which expires at the end of June.
Bank OZK anticipates mid-single digit loan growth for the year, with stronger growth expected in the second, third, and fourth quarters of 2026 compared to the first quarter.

Jan 21, 2026, 1:30 PM

Transcript

Bank OZK Discusses Q4 2025 Earnings and 2026 Outlook

OZK

Guidance Update

Share Buyback

Dividends

Bank OZK anticipates its 2026 results to be similar to 2024 and 2025, with optimism for 2027, as the company believes it is in the late stages of the commercial real estate (CRE) cycle.
The company is focusing on growing fee income through new initiatives in Corporate and Institutional Banking (CIB), mortgage lending, trust and wealth management, private banking, and treasury management services, expecting incremental improvements in 2026 and a more significant impact in 2027 and beyond.
In Q4 2025, Bank OZK repurchased 2.25 million shares at an average price of $44.45, with under $100 million remaining in its buyback authorization, and increased its dividend for the 62nd consecutive quarter.
The Allowance for Credit Losses (ACL) was built from $300 million to $632 million in anticipation of challenges, and the company notes that over 95% of its Real Estate Specialties Group (RESG) loans continue to receive strong sponsor support.

Jan 21, 2026, 1:30 PM

Transcript

Bank OZK Discusses Q4 2025 Performance, Credit Outlook, and Capital Allocation

OZK

Earnings

Guidance Update

Share Buyback

Bank OZK sold a loan at par in Q4 2025, clarifying it was a one-off situation due to specific sponsor challenges and not a change in strategy.
The company is expanding various business lines, including loan syndication, mortgage, wealth management, and private banking, expecting incremental improvements in non-interest income in 2026 and a more significant impact in 2027 and beyond.
Management anticipates 2026 credit trends to be similar to 2025, with over 95% of RESG loans continuing to receive strong sponsor support, evidenced by $1.3 billion in additional equity contributions and $866 million in reserve deposits over the past 14 quarters. The Allowance for Credit Losses (ACL), which reached $632 million, modestly decreased in Q4 2025 after absorbing provided-for losses.
In Q4 2025, Bank OZK repurchased 2.25 million shares at an average price of $44.45, increased its dividend for the 62nd consecutive quarter, and grew tangible common equity by 35 basis points.

Jan 21, 2026, 1:30 PM

Transcript

Bank OZK Announces Fourth Quarter and Full Year 2025 Earnings

OZK

Earnings

Guidance Update

Bank OZK reported net income available to common stockholders of $171.9 million for the fourth quarter of 2025, a 3.5% decrease from the prior year, and $699.3 million for the full year 2025, a 0.1% decrease from 2024.
Diluted earnings per common share (EPS) for the fourth quarter of 2025 were $1.53, a 1.9% decrease from the fourth quarter of 2024, while full-year 2025 EPS reached a record $6.18, a 0.7% increase from 2024.
The company's 2025 performance was driven by $2.35 billion (7.8%) growth in loans and $2.34 billion (7.5%) growth in deposits, leading to record annual net interest income of $1.59 billion.
As of December 31, 2025, Bank OZK had $40.8 billion in total assets.
Management has set a goal to produce another year of record EPS for 2026.

Jan 20, 2026, 9:05 PM

Press Release

Oak Row Equities and OKO Group Close Major Brickell Land Deal

OZK

New Projects/Investments

Debt Issuance

Oak Row Equities, OKO Group, and Mariposa Real Estate have completed the single largest land acquisition in Florida, purchasing a 4.25-acre waterfront parcel at 1001 and 1111 Brickell Bay Drive in Miami's Brickell financial district.
The joint venture closed on the acquisition for $520 million.
TYKO Capital provided a $464.5 million acquisition and predevelopment loan for the deal.
The site is zoned for over three million square feet of development and will feature an ultra-luxury destination, with the first phase including a new hotel concept and branded condominiums.

Dec 24, 2025, 1:00 PM

Press Release

OZK Discusses Q3 2025 Asset Quality, Loan Growth Outlook, and CIB Expansion

OZK

Guidance Update

New Projects/Investments

Demand Weakening

OZK reported a mixed asset quality picture for Q3 2025, including three loan migrations that resulted in charge-offs and reserves, but also successfully sold its largest foreclosed asset at book value and has its next two largest under contract with expected neutral to positive gains.
The company experienced elevated RESG paydowns in Q3 2025, which are anticipated to continue through 2026 due to record originations in 2022. This is expected to result in mid-single-digit loan growth in 2026, with significantly more diversified growth projected for 2027 and beyond as the RESG payoff wave subsides.
OZK is actively expanding its CIB group, which achieved record origination growth in Q3 2025, with the strategic goal for CIB to comprise 30% to 40% of the loan book over several years, aiming for higher utilization rates and diversification.
While record net interest income and EPS are expected in 2026, year-over-year gains may be relatively small due to ongoing investments and RESG payoffs. More material EPS and net income growth is projected for 2027 and future years as investments mature and the payoff wave passes.

Oct 17, 2025, 12:30 PM

Transcript

OZK Discusses RESG Payoff Wave and CIB-Led Diversified Growth Strategy

OZK

Guidance Update

New Projects/Investments

Hiring

OZK anticipates an exceptionally high level of RESG (Real Estate Specialties Group) loan payoffs in late 2025 and throughout 2026, stemming from record originations in 2022, with potential acceleration from Fed rate cuts.
The company is strategically expanding its CIB (Commercial & Industrial Banking) group to drive future loan growth, diversify the portfolio, and generate higher fee income and low-cost deposits, aiming for CIB to become a significant, almost equal, component to RESG.
Despite the RESG payoff wave, OZK projects a mid-single-digit loan growth rate for 2026, with expectations for stronger, diversified growth from 2027 onwards as CIB and other business units fully contribute.
Management emphasizes rigorous underwriting and asset quality across all loan types, including NDFI and life science, and expects the majority of sponsors to continue supporting their projects.

Oct 17, 2025, 12:30 PM

Transcript

Bank OZK Announces Record Third Quarter 2025 Earnings

OZK

Earnings

Guidance Update

Bank OZK reported record net income available to common stockholders of $180.5 million and record diluted earnings per common share (EPS) of $1.59 for the third quarter of 2025, representing increases of 1.9% and 2.6% respectively, compared to the third quarter of 2024.
For the first nine months of 2025, net income available to common stockholders increased 1.0% to $527.4 million, and EPS rose 1.3% to $4.64.
Chairman and CEO George Gleason highlighted the third quarter's achievements of record net income, record EPS, record net interest income, meaningful growth in capital ratios, and solid asset quality, positioning the bank for record full-year results.
As of September 30, 2025, Bank OZK had $41.6 billion in total assets.