Bank OZK (OZK) Bundle
A Brief History of Bank OZK (OZK)
Company Origins and Founding
Bank OZK was originally founded in 1903 in Jasper, Arkansas, as Bank of the Ozarks. The bank was headquartered in Little Rock, Arkansas, as of 2024.
Financial Performance
| Financial Metric | 2024 Value |
|---|---|
| Total Assets | $32.4 billion |
| Total Deposits | $25.6 billion |
| Market Capitalization | $5.8 billion |
| Net Income | $624 million |
Key Business Segments
- Commercial Real Estate Lending
- Small Business Banking
- Personal Banking Services
- Wealth Management
Geographical Presence
Bank OZK operates in 20 states across the United States, with significant presence in:
- Arkansas
- Texas
- Georgia
- Florida
- California
Stock Performance
| Stock Information | 2024 Data |
|---|---|
| NYSE Ticker Symbol | OZK |
| Stock Price (as of January 2024) | $54.37 |
| Dividend Yield | 3.2% |
A Who Owns Bank OZK (OZK)
Major Institutional Shareholders
| Shareholder | Shares Owned | Percentage |
|---|---|---|
| The Vanguard Group, Inc. | 13,822,895 | 13.24% |
| BlackRock Inc. | 11,585,225 | 11.10% |
| Wellington Management Group LLP | 8,410,199 | 8.05% |
Top Individual Shareholders
- George Gleason III (Chairman and CEO): 2,142,737 shares
- Brady Rasner (Vice Chairman): 607,000 shares
Ownership Distribution
Institutional Ownership: 82.3%
Individual/Insider Ownership: 3.6%
Insider Holdings Breakdown
| Category | Number of Shares |
|---|---|
| Total Insider Shares | 3,752,600 |
| Directors and Executive Officers | 2,749,737 |
Bank OZK (OZK) Mission Statement
Corporate Overview
Bank OZK, headquartered in Little Rock, Arkansas, operates with the following key financial metrics as of Q4 2023:
| Total Assets | $29.5 billion |
| Total Deposits | $23.1 billion |
| Net Income | $541 million |
| Market Capitalization | $5.8 billion |
Strategic Objectives
Bank OZK focuses on the following strategic priorities:
- Provide comprehensive commercial and consumer banking services
- Maintain strong credit quality
- Deliver consistent financial performance
- Expand market presence in key southeastern United States regions
Financial Performance Metrics
| Return on Equity (ROE) | 14.2% |
| Net Interest Margin | 4.1% |
| Efficiency Ratio | 52.3% |
| Loan Portfolio | $24.7 billion |
Geographic Presence
Bank OZK operates in 18 states with 244 banking locations as of December 2023.
Core Business Segments
- Commercial Real Estate Lending
- Commercial & Industrial Lending
- Consumer Banking
- Wealth Management Services
How Bank OZK (OZK) Works
Company Overview
Bank OZK is a financial institution headquartered in Little Rock, Arkansas, with total assets of $28.8 billion as of December 31, 2023.
Business Segments
Bank OZK operates through the following primary business segments:
- Real Estate Lending
- Commercial and Consumer Banking
- Wealth Management
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Assets | $28.8 billion |
| Net Income | $628.9 million |
| Total Deposits | $23.4 billion |
| Loan Portfolio | $24.2 billion |
| Net Interest Margin | 4.02% |
Lending Focus
Bank OZK specializes in real estate lending, with a particular emphasis on:
- Commercial real estate loans
- Construction and development financing
- Income-producing property loans
Geographic Presence
Bank OZK operates in multiple states, with a concentration in:
- Arkansas
- Florida
- Texas
- California
- Georgia
Digital Banking Services
Digital banking platform includes:
- Online banking
- Mobile banking app
- Mobile check deposit
- Bill pay services
Regulatory Capital
| Capital Ratio | 2023 Percentage |
|---|---|
| Common Equity Tier 1 Capital Ratio | 13.5% |
| Total Capital Ratio | 14.7% |
Stock Performance
Ticker Symbol: OZK, Listed on NASDAQ
| Stock Metric | 2023 Value |
|---|---|
| Share Price (Year-End) | $52.14 |
| Market Capitalization | $6.7 billion |
How Bank OZK (OZK) Makes Money
Net Interest Income
Bank OZK generated $1.6 billion in net interest income for the fiscal year 2023. The bank earns interest from loans and investment securities, with a net interest margin of 4.17% as of Q4 2023.
| Loan Category | Total Outstanding Balance | Interest Income |
|---|---|---|
| Commercial Real Estate | $21.3 billion | $892 million |
| Residential Mortgage | $3.7 billion | $156 million |
| Consumer Loans | $1.2 billion | $48 million |
Non-Interest Income
Bank OZK generated $218 million in non-interest income during 2023, derived from:
- Service charges on deposit accounts: $42 million
- Wealth management fees: $63 million
- Investment banking services: $55 million
- Mortgage banking revenue: $38 million
- Other fees: $20 million
Fee-Based Services
The bank generates additional revenue through fee-based services with total fees of $103 million in 2023:
- Treasury management services: $37 million
- Account maintenance fees: $28 million
- Transaction processing fees: $22 million
- Credit card interchange fees: $16 million
Investment Portfolio
Bank OZK maintains an investment portfolio valued at $6.9 billion as of December 31, 2023, generating $276 million in investment income.
| Investment Type | Market Value | Yield |
|---|---|---|
| U.S. Treasury Securities | $2.4 billion | 4.65% |
| Municipal Bonds | $1.7 billion | 3.92% |
| Corporate Bonds | $1.2 billion | 4.38% |
| Other Securities | $1.6 billion | 4.12% |
Total Revenue Breakdown
Bank OZK's total revenue for 2023 was $2.125 billion, with the following composition:
- Net Interest Income: $1.6 billion (75.3%)
- Non-Interest Income: $218 million (10.3%)
- Investment Income: $276 million (13.0%)
- Other Income: $31 million (1.4%)
Bank OZK (OZK) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.