Welcome to our dedicated page for Bank Ozk Little news (Ticker: OZKAP), a resource for investors and traders seeking the latest updates and insights on Bank Ozk Little stock.
Bank OZK 4.625% Series A Non-Cumulative Perpetual Preferred Stock (Nasdaq: OZKAP) is a preferred equity security issued by Bank OZK, a regional commercial bank. News related to OZKAP is typically reported within Bank OZK’s broader corporate announcements, where the bank’s Board of Directors declares quarterly cash dividends on both its common stock and its 4.625% Series A Non-Cumulative Perpetual Preferred Stock.
In its dividend press releases, Bank OZK specifies the quarterly cash dividend per share on the Series A Preferred Stock, the dividend period, and the record and payment dates. These announcements allow investors in OZKAP to track the timing and amount of declared preferred dividends. The company’s communications also highlight its long history of increasing common stock dividends and its inclusion in the S&P High Yield Dividend Aristocrats index, which provides additional context on its stated approach to shareholder distributions.
Beyond dividend declarations, Bank OZK regularly issues earnings releases and conference call notices that describe its financial results and schedule for quarterly and full-year reporting. While these releases focus on the bank as a whole, they are relevant to OZKAP holders because they provide insight into the issuer’s performance and regulatory reporting, including references to filings made with the Federal Deposit Insurance Corporation.
Investors following OZKAP-related news can use this page to monitor Bank OZK’s public announcements that mention the 4.625% Series A Non-Cumulative Perpetual Preferred Stock, particularly the recurring quarterly dividend declarations and other corporate updates that may be important to preferred shareholders.
Bank OZK (Nasdaq: OZK) has released its second quarter and first six months 2024 management comments, now available on the Bank's investor relations website. As of June 30, 2024, Bank OZK reported total assets of $36.84 billion. The regional bank operates in approximately 240 offices across nine states, including Arkansas, Georgia, Florida, North Carolina, Tennessee, Texas, New York, California, and Mississippi.
Bank OZK, established in 1903, focuses on providing innovative financial solutions delivered by expert bankers. The Bank files regular reports with the Federal Deposit Insurance (FDIC), which are accessible on the FDIC's website and the Bank's investor relations page. Investors can sign up for automated email alerts for these materials on the Bank's website.
Bank OZK (Nasdaq: OZK) reported record second quarter 2024 earnings with net income available to common stockholders reaching $173.5 million, a 3.3% increase from Q2 2023. Diluted earnings per share rose 3.4% to $1.52. The bank's pre-tax pre-provision net revenue (PPNR) increased by 7.7% to $279.3 million. Total loans grew 21.5% to $28.67 billion, while deposits increased 24.9% to $29.94 billion. The bank's asset quality remained strong, with a nonperforming non-purchased loans to total loans ratio of 0.28%. Additionally, Bank OZK announced a $200 million stock repurchase program through July 1, 2025.
Bank OZK (Nasdaq: OZK) announced its 56th consecutive quarterly increase in its common stock dividend. The new dividend is $0.40 per share, up 2.56% from the previous quarter, payable on July 19, 2024, to shareholders of record on July 12, 2024. The Board also declared a $0.28906 per share dividend on its 4.625% Series A Non-Cumulative Perpetual Preferred Stock (Nasdaq: OZKAP) for the period May 15, 2024, to August 15, 2024, payable on August 15, 2024, to holders of record on August 1, 2024.
Bank OZK is part of the S&P High Yield Dividend Aristocrats® index since January 2018, recognizing its 20-year streak of increasing dividends. As of March 31, 2024, the bank operates 240 offices across eight states and holds $36.03 billion in assets.
Bank OZK (Nasdaq: OZK) announced that it will report its second quarter 2024 earnings on Wednesday, July 17, 2024, after the market closes. Management's comments will be released simultaneously and made available on the Bank's investor relations website. A conference call to discuss the earnings and address questions will be held the next day, Thursday, July 18, 2024, at 10:00 a.m. CT (11:00 a.m. ET). Interested parties can access the live webcast or participate via telephone by registering online. A replay of the conference call will be available on the Bank's website for at least 30 days.
As of March 31, 2024, Bank OZK operates approximately 240 offices across eight states with total assets of $36.03 billion.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
FAQ
What is the current stock price of Bank Ozk Little (OZKAP)?
