Fifth Third Bancorp increased its position in shares of Bank OZK (NASDAQ:OZK – Free Report) by 2,971.0% in the first quarter, Holdings Channel.com reports. The firm owned 33,627 shares of the company’s stock after purchasing an additional 32,532 shares during the quarter. Fifth Third Bancorp’s holdings in Bank OZK were worth $1,543,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in shares of Bank OZK by 37.8% in the first quarter. Royal Bank of Canada now owns 41,257 shares of the company’s stock worth $1,792,000 after buying an additional 11,310 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Bank OZK by 14.0% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 46,690 shares of the company’s stock valued at $2,029,000 after acquiring an additional 5,717 shares during the period. Empowered Funds LLC grew its position in Bank OZK by 1.8% in the 1st quarter. Empowered Funds LLC now owns 60,037 shares of the company’s stock valued at $2,609,000 after acquiring an additional 1,058 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Bank OZK by 8.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 349,749 shares of the company’s stock worth $15,197,000 after purchasing an additional 26,676 shares during the period. Finally, Focus Partners Wealth increased its stake in Bank OZK by 11.0% in the first quarter. Focus Partners Wealth now owns 17,711 shares of the company’s stock worth $770,000 after purchasing an additional 1,756 shares during the period. 86.18% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
OZK has been the subject of several research analyst reports. Weiss Ratings upgraded Bank OZK from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, June 23rd. Wells Fargo & Company raised their price target on shares of Bank OZK from $50.00 to $52.00 and gave the stock an “equal weight” rating in a research note on Monday, July 6th. Morgan Stanley lifted their price objective on shares of Bank OZK from $54.00 to $56.00 and gave the company an “equal weight” rating in a report on Monday, June 29th. TD Cowen cut shares of Bank OZK from a “buy” rating to a “hold” rating and set a $53.00 price objective for the company. in a research report on Monday, July 6th. Finally, UBS Group started coverage on shares of Bank OZK in a research note on Tuesday, April 7th. They issued a “neutral” rating and a $48.00 target price on the stock. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $56.12.
Bank OZK Trading Down 1.7%
NASDAQ:OZK opened at $50.12 on Friday. The firm has a 50-day simple moving average of $49.93 and a 200-day simple moving average of $48.27. Bank OZK has a one year low of $42.37 and a one year high of $53.66. The firm has a market cap of $5.61 billion, a P/E ratio of 8.28 and a beta of 0.89. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.00 and a current ratio of 0.97.
Bank OZK (NASDAQ:OZK – Get Free Report) last released its quarterly earnings data on Tuesday, July 21st. The company reported $1.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.48 by $0.01. The firm had revenue of $430.02 million for the quarter, compared to the consensus estimate of $436.42 million. Bank OZK had a net margin of 24.95% and a return on equity of 11.87%. The company’s quarterly revenue was up .5% on a year-over-year basis. During the same period last year, the firm earned $1.47 earnings per share. Equities analysts anticipate that Bank OZK will post 5.98 EPS for the current fiscal year.
Bank OZK Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, July 20th. Shareholders of record on Monday, July 13th were issued a dividend of $0.48 per share. This is an increase from Bank OZK’s previous quarterly dividend of $0.47. This represents a $1.92 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Monday, July 13th. Bank OZK’s dividend payout ratio (DPR) is currently 31.27%.
Bank OZK declared that its board has approved a stock buyback program on Monday, June 29th that authorizes the company to repurchase $200.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 3.4% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.
More Bank OZK News
Here are the key news stories impacting Bank OZK this week:
- Positive Sentiment: Management said Bank OZK is continuing to diversify its loan book, with real estate exposure dropping below 50% and the company outlining mid-single-digit loan growth for 2026, which could reduce concentration risk over time. Bank OZK drops real estate exposure below 50%
- Positive Sentiment: Bank OZK’s earnings call highlighted diversification gains and continued momentum in its commercial and industrial banking business, suggesting some parts of the franchise are offsetting weakness elsewhere. Bank OZK Earnings Call: Diversification Gains Amid Headwinds
- Positive Sentiment: Zacks Research raised earnings estimates for FY2026 and upcoming quarters, indicating some analysts see modestly better profitability ahead. Bank OZK Q2 Earnings Beat Estimates on Higher Fee Income, Shares Fall
- Neutral Sentiment: Morgan Stanley kept a Hold rating and a $56 price target, signaling a cautious but not bearish stance after the earnings update. Hold Rating Reiterated on Bank OZK as Earnings Headwinds Offset by CIB Momentum; $56 Price Target Unchanged
- Neutral Sentiment: The company also opened a new Denton location, a small expansion move that supports long-term footprint growth but is unlikely to drive the stock in the near term. Bank OZK to offer financial services at new Denton location
- Negative Sentiment: Q2 results showed earnings beat estimates, but revenue, net interest income, and credit quality trends were weaker than expected, which is weighing on sentiment and helping explain the stock’s recent weakness. Bank OZK Q2 Earnings Beat Estimates on Higher Fee Income, Shares Fall
- Negative Sentiment: Recent reports said quarterly net income and revenue declined, reinforcing concerns that near-term earnings pressure may persist despite the diversification strategy. Bank OZK posts quarterly declines in net income, revenue
About Bank OZK
Bank OZK, formerly known as Bank of the Ozarks, is a regional commercial bank headquartered in Little Rock, Arkansas. Established in 1903, the bank offers a full suite of banking products and services to both individual and corporate clients. Through a combination of organic growth and targeted acquisitions, Bank OZK has built a diversified lending portfolio and a strong deposit franchise.
The bank’s core operations focus on commercial real estate lending, including acquisition, development and construction financing.
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