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Bank OZK: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

LITTLE ROCK, Ark. (AP) — LITTLE ROCK, Ark. (AP) — Bank OZK (OZK) on Wednesday reported second-quarter profit of $177.5 million.

The bank, based in Little Rock, Arkansas, said it had earnings of $1.52 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share.

The bank posted revenue of $696.6 million in the period. Its revenue net of interest expense was $416.8 million, which also beat Street forecasts. Five analysts surveyed by Zacks expected $409.6 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OZK at https://www.zacks.com/ap/OZK