Bank OZK provides various retail and commercial banking services for individuals and businesses in the United States. The company offers deposit services, including non-interest bearing checking, interest bearing transaction, business sweep, savings, money market, individual retirement, and other accounts, as well as time and reciprocal deposits. It also provides trust and wealth services, such as personal trusts, custodial accounts, investment management accounts, and retirement accounts, as well as corporate trust services, including trustee, paying agent and registered transfer agent services, and other related services. In addition, the company offers treasury management services comprising automated clearing house, wire transfer, transaction reporting, wholesale lockbox, remote deposit capture, automated credit line transfer, reconciliation, positive pay, commercial card, and other services, as well as zero balance and investment sweep accounts. Further, it provides real estate, consumer, small business, indirect recreational vehicle and marine, equipment, agricultural, commercial and industrial, government guaranteed, lines of credit, homebuilder, and affordable housing loans; lender and structured, business aviation, and subscription financing services; and mortgage and other lending products. Additionally, the company offers ATMs; telephone, online, and mobile banking services; credit and debit cards; safe deposit boxes; and other products and services. The company was formerly known as Bank of the Ozarks and changed its name to Bank OZK in July 2018. Bank OZK was founded in 1903 and is headquartered in Little Rock, Arkansas.
Strategic Pivot | Explore Bank OZK's shift from CRE focus to diversified lending, aiming to reduce risk and potentially boost its price-to-earnings ratio over time. |
Credit Concerns | Delve into the scrutiny surrounding Bank OZK's credit exposure, particularly in large-scale projects like Echo Street West and Life Science construction. |
Financial Resilience | Learn about Bank OZK's strong profitability profile, with adjusted EPS of $5.95 for 2023 and projected stability through 2024. |
Market Outlook | Analyst targets range from $37 to $60, reflecting mixed views on Bank OZK's strategic shift and its impact on future performance. |
Metrics to compare | OZK | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipOZKPeersSector | |
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P/E Ratio | 8.2x | 0.0x | 8.7x | |
PEG Ratio | 1.27 | 0.00 | 0.03 | |
Price/Book | 1.1x | 0.0x | 1.0x | |
Price / LTM Sales | 3.9x | 0.0x | 2.8x | |
Upside (Analyst Target) | −2.9% | 0.0% | 10.6% | |
Fair Value Upside | Unlock | 0.0% | 2.8% | Unlock |