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0 0 0 0.00115101289134432 -0.00736648250460406 -0.00805709023941071 -0.00989871086556169 0.00115101289134432
Stock impact report

Bank OZK Announces Record First Quarter 2024 Earnings [Yahoo! Finance]

Bank OZK (OZK) 
Last bank ozk earnings: 4/23 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
stockholders for the first quarter of 2024 was a record $171.5 million, a 3.4% increase from $165.9 million for the first quarter of 2023. Diluted earnings per common share for the first quarter of 2024 were a record $1.51, a 7.1% increase from $1.41 for the first quarter of 2023. Pre-tax pre-provision net revenue (“PPNR”) was a record $272.7 million for the first quarter of 2024, a 10.7% increase from $246.4 million for the first quarter of 2023. The calculation of PPNR and the reconciliation to generally accepted accounting principles (“GAAP”) are included in the schedules accompanying this release. Provision for credit losses was $42.9 million for the first quarter of 2024 compared to $35.8 million for the first quarter of 2023. The Bank's total allowance for credit losses (“ACL”) was $536.9 million at March 31, 2024 compared to $393.8 million at March 31, 2023. The Bank's annualized returns on average assets, average common stockholders' equity and average tangible common st Show less Read more
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