Bank OZK Announces First Quarter 2025 Earnings

Rhea-AI Summary

Bank OZK (Nasdaq: OZK) reported its first quarter 2025 financial results, with net income available to common stockholders at $167.9 million, showing a 2.1% decrease from $171.5 million in Q1 2024. Diluted earnings per common share were $1.47, down 2.6% from $1.51 in the previous year.

The bank, established in 1903, operates across 240 offices in nine states including Arkansas, Georgia, Florida, North Carolina, Texas, Tennessee, New York, California and Mississippi. As of March 31, 2025, Bank OZK reported total assets of $39.2 billion.

Chairman and CEO George Gleason highlighted the bank's proactive management approach in navigating the current economic challenges while pursuing new opportunities, expressing optimism about future performance.

Positive

• Substantial asset base of $39.2 billion as of Q1 2025
• Wide geographic presence with 240+ offices across nine states

Negative

• Net income declined 2.1% to $167.9 million in Q1 2025
• Diluted EPS decreased 2.6% to $1.47 in Q1 2025

LITTLE ROCK, Ark., April 16, 2025 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) today announced that net income available to common stockholders for the first quarter of 2025 was $167.9 million, a 2.1% decrease from $171.5 million for the first quarter of 2024. Diluted earnings per common share for the first quarter of 2025 were $1.47, a 2.6% decrease from $1.51 for the first quarter of 2024.

George Gleason, Chairman and Chief Executive Officer, stated, “We are pleased to report our first quarter 2025 results, which provide a solid start to the year. Our talented, entrepreneurial and veteran management team is well suited for today’s very noisy and complicated economic environment. During the quarter just ended, our team has proactively and effectively managed the various challenges, uncertainties and volatilities of this environment while capitalizing on numerous promising opportunities. We are excited about the future and continue to be laser-focused on improving our performance every day.”

MANAGEMENT COMMENTS, FINANCIAL SUPPLEMENT AND CONFERENCE CALL

In connection with this release, the Bank released its management comments on its quarterly results and a financial supplement, which are available at ir.ozk.com.

Management will conduct a conference call to take questions at 7:30 a.m. CT (8:30 a.m. ET) on Thursday, April 17, 2025. Interested parties may access the conference call live via webcast on the Bank’s investor relations website at this link, or may participate via telephone by registering using this online form. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN number that can be used to access the call. A replay of the conference call webcast will be archived on the Bank’s website for at least 30 days.

GENERAL INFORMATION

Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Established in 1903, Bank OZK conducts banking operations in over 240 offices in nine states including Arkansas, Georgia, Florida, North Carolina, Texas, Tennessee, New York, California and Mississippi and had $39.2 billion in total assets as of March 31, 2025. For more information, visit ozk.com.

The Bank files annual, quarterly and current reports, proxy materials, and other information required by the Securities Exchange Act of 1934 with the Federal Deposit Insurance Corporation (“FDIC”), copies of which are available electronically at the FDIC’s website and are also available on the Bank’s investor relations website at ir.ozk.com. Use this online form to receive automated email notifications for these materials.

FORWARD-LOOKING STATEMENTS

This press release and other communications by the Bank and its management may include certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as “anticipates,” “targets,” “expects,” “hopes,” “estimates,” “intends,” “plans,” “goals,” “believes,” “continue” and other similar expressions or future or conditional verbs such as “will,” “may,” “might,” “should,” “would” and “could.” Forward-looking statements represent the Bank’s current expectations, plans or forecasts of its future results, revenues, liquidity, net interest income, provision for credit losses, expenses, efficiency ratio, capital measures, strategy, deposits, assets, and future business and economic conditions more generally, and other future matters. These statements are not guarantees of future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond the Bank’s control. Actual outcomes and results may differ materially from those expressed in, or implied by, any of these forward-looking statements.

Investor Contact:	Jay Staley (501) 906-7842
Media Contact:	Michelle Rossow (501) 906-3922

FAQ

What were Bank OZK's (OZK) Q1 2025 earnings per share?

Bank OZK reported diluted earnings per share of $1.47 for Q1 2025, representing a 2.6% decrease from $1.51 in Q1 2024.

How much did Bank OZK's (OZK) net income decline in Q1 2025?

Bank OZK's net income available to common stockholders decreased by 2.1%, from $171.5 million in Q1 2024 to $167.9 million in Q1 2025.

What is Bank OZK's (OZK) total asset value as of March 2025?

Bank OZK reported total assets of $39.2 billion as of March 31, 2025.

How many locations does Bank OZK (OZK) operate across the United States?

Bank OZK operates over 240 offices across nine states, including Arkansas, Georgia, Florida, North Carolina, Texas, Tennessee, New York, California and Mississippi.