Bank of Ozarks News: Strong Performance and Growth

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The Bank of Ozarks has consistently demonstrated a strong performance and growth in recent years. The bank's net income has increased significantly, reaching a high of $94.1 million in 2020.

This growth can be attributed to the bank's strategic expansion into new markets and its focus on providing excellent customer service. By doing so, the bank has been able to attract and retain a large customer base.

The bank's asset quality has also improved, with a low non-performing assets ratio of 0.23% in 2020. This indicates a strong ability to manage risk and maintain a healthy balance sheet.

Bank OZK News

Bank OZK provides various retail and commercial banking services for individuals and businesses in the United States.

OZK's fundamental analysis shows a mixed picture, with a Snowflake Score of 5/6 for Valuation, 0/6 for Future Growth, 3/6 for Past Performance, 6/6 for Financial Health, and 5/6 for Dividends.

Trading at 59.6% below its estimated fair value is a significant opportunity for investors.

The company's strong financial health is a major plus, with a Snowflake Score of 6/6 in this category.

Here's a breakdown of OZK's Snowflake Score:

Bank OZK Performance

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Bank OZK has shown improving price performance, earning an upgrade to its IBD Relative Strength Rating, jumping to 83 RS Rating. This indicates the stock's market leadership and rising relative price performance.

The stock has a stable share price, with no significant price volatility in the past 3 months compared to the US market. Its weekly volatility has been stable over the past year, averaging 5%.

In terms of performance, Bank OZK's earnings grew by 4.7% over the past year, and it pays a reliable dividend of 3.73%. However, the stock has underperformed the US Banks industry, which returned 28.6% over the past year, and the US Market, which returned 24.1% over the past year.

Here's a comparison of Bank OZK's performance with its peers and the market:

Loan Book Commitment

Bank OZK's loan book commitment is a significant aspect of its performance. The bank's loan portfolio has grown steadily over the years, reaching $16.4 billion in 2020.

Credit: youtube.com, Bank OZK’s George Gleason on making big, bullish loans

This growth is largely driven by the bank's focus on commercial and industrial lending. In 2020, commercial and industrial loans accounted for 54% of the bank's total loan portfolio.

As a result, the bank has been able to increase its net interest income, which rose to $444 million in 2020. This represents a 10% increase from the previous year.

The bank's loan book commitment also includes a significant portion of loans to small businesses and individuals. In 2020, loans to small businesses accounted for 22% of the bank's total loan portfolio.

Bank OZK's loan book commitment has been a key driver of its success. The bank's focus on commercial and industrial lending has enabled it to grow its loan portfolio and increase its net interest income.

IBD Rating Upgrade

Bank OZK has received an upgrade to its IBD Relative Strength Rating, a strong indicator of market leadership. This upgrade was triggered by the bank's improving price performance.

Credit: youtube.com, BANK OZK : Test & Review in 2024 (is this bank reliable?)

The bank's new RS rating of 83 is a significant jump, demonstrating its ability to outperform the market. This is a notable achievement, especially considering the current market conditions.

Bank OZK's price performance has been impressive, with a 1 Month Change of -8.36% and a 3 Month Change of 4.09%. This shows that the bank's stock has been relatively stable in the short term, but has also shown some growth over the past quarter.

Here are some key facts about Bank OZK's IBD Rating Upgrade:

  • Bank OZK Shows Market Leadership With Jump To 83 RS Rating
  • Stocks With Rising Relative Strength: Bank OZK
  • Bank OZK Shows Rising Relative Price Performance; Still Shy Of Key Threshold
  • Stocks Generating Improved Relative Strength: Bank OZK
  • Stock Upgrades: Bank OZK Shows Rising Relative Strength
  • Stocks Showing Improving Market Leadership: Bank OZK Earns 83 RS Rating
  • Stocks Generating Improved Relative Strength: Bank OZK

Rewards

Bank OZK's rewards are a major draw for investors. Earnings grew by 4.7% over the past year, a notable increase that's worth taking note of.

This growth is likely to continue, given the bank's reliable dividend of 3.73%. That's a steady stream of income that's hard to beat.

Investors are also getting a good deal, as the bank is trading at good value compared to its peers and industry.

Competitors

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Bank OZK has some notable competitors in the banking industry. Valley National Bancorp is one of them, a significant player in the market.

Bank OZK's main competitors are also regional banks like Home Bancshares, based in Conway, Arkansas.

Price Volatility

Bank OZK's price volatility has been relatively stable in the past 3 months, with an average weekly movement of 5.2%, which is comparable to the banks industry average of 5.1%. This suggests that the company's stock price hasn't experienced significant fluctuations.

Compared to the US market, OZK's weekly volatility has been stable over the past year, with a weekly movement of 5%. This is a positive sign for investors looking for a relatively stable investment.

In terms of overall market performance, OZK's 1 year change stands at -9.75%, which is slightly lower than the market average. However, its 5 year change of 44.48% is a notable improvement, indicating a strong long-term performance.

Here's a comparison of OZK's volatility with industry and market averages:

These numbers demonstrate that OZK's price volatility is relatively stable compared to the US market and its industry peers.

Shareholder Returns

Credit: youtube.com, $OZK Bank OZK Q2 2024 Earnings Conference Call

As a shareholder, it's essential to understand how Bank OZK's performance has been tracking over the past year. The company's share price has been on a downward trend, with a 1 Year Change of -9.75%.

Bank OZK's dividend payout is a reliable 3.73% of the current share price. This is a significant return for shareholders, and a key factor to consider when evaluating the company's performance.

Here's a breakdown of Bank OZK's performance compared to its peers and the broader market:

As you can see, Bank OZK underperformed the US Banks industry, which returned 28.6% over the past year. The company also trailed the US Market, which saw a 24.1% return.

Stock Overview

Bank of Ozarks offers various retail and commercial banking services for individuals and businesses in the United States.

The bank's services cater to a wide range of customers, from individuals to businesses.

Bank of Ozarks' fundamental analysis shows a Snowflake Score of 5/6 for valuation, indicating that the stock is trading at a relatively low price.

Credit: youtube.com, 💲 BANK OZK (OZK) stock analysis, ticker: OZK review GURU.Markets​ 📈📉

Its future growth potential is a concern, with a score of 0/6, suggesting a lack of momentum.

On the other hand, the bank's financial health is a strong point, with a score of 6/6, indicating a solid financial foundation.

Bank of Ozarks also offers a decent dividend yield, with a score of 5/6.

The bank's past performance is mediocre, with a score of 3/6.

Here's a breakdown of the bank's Snowflake Score:

Bank of Ozarks is trading at 59.6% below its estimated fair value.

Frequently Asked Questions

Is Bank OZK financially stable?

Yes, Bank OZK has a strong financial foundation with a $37.44 billion asset base as of September 30, 2024. This significant asset base underscores its financial stability and market presence.

Who did Bank OZK merge with?

Bank OZK merged with Summit Bancorp, a bank with $1.2 billion in assets and 24 locations. The merger was announced on January 30, 2014.

Kellie Hessel

Junior Writer

Kellie Hessel is a rising star in the world of journalism, with a passion for uncovering the stories that shape our world. With a keen eye for detail and a knack for storytelling, Kellie has established herself as a go-to writer for industry insights and expert analysis. Kellie's areas of expertise include the insurance industry, where she has developed a deep understanding of the complex issues and trends that impact businesses and individuals alike.

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