Bank OZK Announces Record Second Quarter 2025 Earnings

Rhea-AI Summary

Bank OZK (NASDAQ: OZK) reported record second quarter 2025 earnings with net income available to common stockholders reaching $178.9 million, up 3.1% from Q2 2024. The bank achieved record diluted earnings per share of $1.58, representing a 3.9% increase year-over-year.

For the first half of 2025, net income grew 0.5% to $346.8 million, with EPS increasing 0.7% to $3.05. The bank demonstrated strong performance with record net interest income, robust loan and deposit growth, and maintained solid asset quality. As of June 30, 2025, Bank OZK's total assets stood at $41.5 billion, with operations spanning across 250 offices in nine states.

Positive

• Record quarterly net income of $178.9 million, up 3.1% year-over-year
• Record quarterly EPS of $1.58, increasing 3.9% from Q2 2024
• Strong growth in both loans and deposits
• Record net interest income achievement
• Solid asset quality maintenance
• Extensive geographic presence with 250 offices across 9 states

Negative

• Modest growth rate with net income up only 0.5% for first half of 2025
• Minimal EPS growth of 0.7% for first six months of 2025

Insights

Banking Financial Analyst

Bank OZK posted record Q2 2025 earnings with 3.1% income growth and 3.9% EPS growth, demonstrating resilience in a challenging environment.

Bank OZK has delivered another quarter of record performance, with net income available to common stockholders reaching $178.9 million in Q2 2025, representing a 3.1% year-over-year increase. The diluted earnings per share of $1.58 marked a more substantial 3.9% improvement compared to Q2 2024, indicating effective capital management and potentially share repurchases that enhanced per-share metrics beyond overall profit growth.

For the first half of 2025, the bank reported net income of $346.8 million, a modest 0.5% increase over the same period in 2024, with EPS growing by 0.7% to $3.05. The stronger Q2 performance suggests accelerating momentum in the second quarter after a likely slower Q1.

What's particularly noteworthy is that Bank OZK achieved these results while reporting "excellent growth in loans and deposits" - typically a challenging balance to strike. Growing the loan book often requires offering more competitive rates, which can pressure margins, while deposit growth in a high-rate environment typically demands higher interest payments to depositors. The bank's ability to maintain record net interest income while expanding both sides of the balance sheet demonstrates strong pricing power and effective interest rate management.

The bank's scale continues to expand, with total assets reaching $41.5 billion as of June 30, 2025. With operations across nine states and over 250 offices, Bank OZK has established a regional footprint that provides diversification while maintaining a focused geographical strategy primarily in the Southeast and select growth markets.

Management's expressed confidence in achieving their 2025 goal of improving on 2024's record performance is supported by the first-half results, suggesting they anticipate continued favorable performance through year-end despite acknowledging the "very dynamic environment" - likely a reference to the complex interest rate landscape and economic conditions banks are navigating.

LITTLE ROCK, Ark., July 17, 2025 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) today announced that net income available to common stockholders for the second quarter of 2025 was a record $178.9 million, a 3.1% increase from $173.5 million for the second quarter of 2024. For the first six months of 2025, net income available to common stockholders was $346.8 million, a 0.5% increase from $345.0 million for the first six months of 2024. Diluted earnings per common share ("EPS") for the second quarter of 2025 were a record $1.58, a 3.9% increase from $1.52 for the second quarter of 2024. EPS for the first six months of 2025 were $3.05, a 0.7% increase from $3.03 for the first six months of 2024.

George Gleason, Chairman and Chief Executive Officer, stated, “One of our goals for 2025 is to improve on our record 2024 net income and EPS. Our strong results for the first half of the year put us in a great position to achieve that goal. Our talented, entrepreneurial and veteran team is well suited for the very dynamic environment in which we operate today. Our excellent results for the quarter included record net income, record EPS, record net interest income, excellent growth in loans and deposits, and solid asset quality. These results demonstrate our team’s ability to proactively and effectively manage the various challenges of this environment while capitalizing on numerous opportunities.”

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 the Bank's investor relations website.

Management will conduct a conference call to take questions at 7:30 a.m. CT (8:30 a.m. ET) on Friday, July 18, 2025. Interested parties may access the conference call live via webcast on the Bank’s investor relations website, 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 250 offices in nine states including Arkansas, Georgia, Florida, North Carolina, Texas, Tennessee, New York, California and Mississippi and had $41.5 billion in total assets as of June 30, 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 was Bank OZK's (OZK) earnings per share in Q2 2025?

Bank OZK reported record earnings per share of $1.58 in Q2 2025, representing a 3.9% increase from $1.52 in Q2 2024.

How much was Bank OZK's (OZK) net income for Q2 2025?

Bank OZK achieved record net income of $178.9 million in Q2 2025, up 3.1% from $173.5 million in Q2 2024.

What were Bank OZK's (OZK) total assets as of June 30, 2025?

Bank OZK reported total assets of $41.5 billion as of June 30, 2025.

How many states does Bank OZK (OZK) operate in as of Q2 2025?

Bank OZK operates in nine states including Arkansas, Georgia, Florida, North Carolina, Texas, Tennessee, New York, California and Mississippi, with over 250 offices.

What was Bank OZK's (OZK) performance in the first half of 2025?

In the first half of 2025, Bank OZK reported net income of $346.8 million, a 0.5% increase from $345.0 million in the same period of 2024, with EPS of $3.05.