Bank OZK recognized a charge-off of $16.9M on a loan made to a subsidiary of Sterling Bay during the fourth quarter.
The lender has lost more confidence in Chicago developer Sterling Bay’s plan to redevelop North Side parcels amid delays.
Bank OZK (Symbol: OZK) presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
Bank OZK OZK remains well-positioned for growth on the back of a diversified loan portfolio, efforts to improve fee income, organic expansionary moves and interest rate cuts. However ...
Morgan Stanley analyst Manan Gosalia maintained a Hold rating on Bank OZK (OZK – Research Report) today and set a price target of $54.00. The ...
Solid Growth Strategy: Bank OZK’s growth is significantly driven by a de novo branching strategy alongside its inorganic measures. The bank’s revenues experienced a compound annual growth rate ...