Bank OZK (OZK) Tops Q4 EPS by 2c

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Go back to Bank OZK (OZK) Tops Q4 EPS by 2c

Bank OZK Announces Fourth Quarter and Full Year 2022 Earnings

January 19, 2023 4:01 PM EST

LITTLE ROCK, Ark., Jan. 19, 2023 (GLOBE NEWSWIRE) -- Bank OZK (the Bank) (Nasdaq: OZK) today announced that net income available to common stockholders for the fourth quarter of 2022 was $158.8 million, a 6.1% increase from $149.8 million for the fourth quarter of 2021. Diluted earnings per common share for the fourth quarter of 2022 were $1.34, a 14.5% increase from $1.17 for the fourth quarter of 2021. These results were impacted by a $32.5 million provision for credit losses in the fourth quarter of 2022 compared to a negative provision for credit losses of $8.0 million in the fourth quarter of 2021.

For the full year of 2022, net income... More