Bank OZK’s Q4 earnings show a slight revenue increase and positive EPS surprise, indicating solid performance.
Little Rock: Bank OZK (OZK) reported $412.34 million in revenue for the last quarter of 2024, which is a 1.2% increase from the previous year. Their earnings per share (EPS) came in at $1.56, up from $1.50 a year ago.
This revenue beat the Zacks Consensus Estimate of $408.04 million by 1.06%. The EPS also surprised analysts, who expected $1.45, showing a 7.59% increase.
Investors often look at these headline numbers, but some key metrics give a clearer picture of how the company is really doing. These metrics help in understanding the overall performance and can guide investors in making decisions about the stock.
Here’s a quick look at how Bank OZK did in the latest quarter based on metrics that analysts keep a close eye on:
- Net interest margin: 4.3%, slightly below the 4.4% estimate.
- Efficiency Ratio: 33.7%, better than the 35.2% estimate.
- Total Average Interest-Earning Assets: $35.16 billion, above the $34.87 billion estimate.
- Net charge-offs to average total loans: 0.2%, better than the 0.3% estimate.
- Total Non-Interest Income: $32.94 million, exceeding the $30.23 million estimate.
- Net Interest Income: $379.40 million, above the $377.78 million estimate.
- BOLI income: $5.81 million, slightly below the $5.85 million estimate.
- Gains on sales of other assets: $0.58 million, below the $1.18 million estimate.
- Loan service fees: $8.79 million, above the $6.46 million estimate.
- Trust income: $2.63 million, just under the $2.70 million estimate.
In the past month, Bank OZK shares have risen by 3.3%, while the S&P 500 has dropped by 1.6%. Currently, the stock holds a Zacks Rank #3 (Hold), suggesting it might perform similarly to the market soon.
