Bank OZK Quarterly Net Income Increases
Bank OZK reported a quarterly net income of $180.5 million, representing a 1.9% increase compared to the same period in 2024.
Earnings per share were $1.59, falling short of the consensus estimate of $1.66. However, revenue for the quarter was $449.936 million, surpassing the $423.003 million in the same quarter of 2024 and exceeding the consensus estimate of $446.86 million.
According to bank officials, net interest income reached a quarterly record of $413.9 million, and deposits ended the quarter at a record $33.98 billion.
Author's summary: Bank OZK's quarterly net income increases by 1.9%.
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