In An Odd Twist, The Market Seems Relatively Calmer About Bank OZK's Credit Situation [Seeking Alpha]
Bank OZK (OZK)
Last bank ozk earnings: 4/23 04:01 pm
Check Earnings Report
Company Research
Source: Seeking Alpha
SummaryBank of OZK posted a good pre-provision beat, but as with almost every other bank, that performance was dwarfed by reserve-building provision expense.Bank OZK's loan reserve position may look skimpy compared to other regional/super-regional banks, but I believe it's much more reasonable when you consider the differences in past loan loss experiences.This is a classic case of "past performance doesn't guarantee future results", but it's hard to envision an environment where Bank OZK's credit deteriorates to a peer level.Oddly enough, Bank OZK shares don't trade at as wide of a discount now as I'd have assumed, though they still do offer attractive long-term potential.I was positive onits last quarterly earnings reportSince then, the shares are down about 25%, which is hardly a performance to celebrate, but the stock has outperformed its peer group by about 10%, with most of that coming since earnings. In an odd twist, it seems like the Street is more comfortable with OZK’s reser
Show less
Read more
Impact Snapshot
Event Time:
OZK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OZK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OZK alerts
High impacting Bank OZK news events
Weekly update
A roundup of the hottest topics
OZK
News
- Bank OZK Is Being Investigated For Possible Securities Fraud And Affected Shareholders Are Encouraged To Help The Schall Law FirmAccesswire
- The Schall Law Firm Urges Investor Participation In An Inquiry Into Bank OZK For Securities Related Infractions Accesswire
- Are You Looking for a High-Growth Dividend Stock? [Yahoo! Finance]Yahoo! Finance
- Bank OZK Is Being Investigated For Possible Securities Fraud And Affected Shareholders Should Contact The Schall Law FirmAccesswire
- Investors Are Encouraged To Join The Schall Law Firm In An Inquiry Into Bank OZK For Securities Law Violations Accesswire
OZK
Earnings
- 7/17/24 - Miss
OZK
Sec Filings
- 7/29/24 - Form 13F-HR
- OZK's page on the SEC website