Summary
BO8 Chart
Bank OZK: The 7.2% Yielding Preferred Shares Are Still Interesting
Bank OZK remains highly profitable, with Q1 net income of $159.3M and robust coverage of preferred dividends. OZK's disciplined underwriting is reflected in a 46% average LTV ratio, manageable loan loss provisions, and transparent quarterly loan reviews. The $200M share buyback program and successful monetization of $150M in foreclosed assets support capital returns and future earnings.
Dividend Announcements: June 27-July 3, 2026
In this article series, I summarize dividend announcements of the past week. Only one stock (OZK) announced a dividend increase this week. The increase is modest at 2.1% but extends a remarkable record of 64 consecutive quarterly increases, compounding to an annual dividend growth rate of around 9%. OZK maintains a low 29% earnings payout ratio and a B+ Dividend Safety Grade, supporting ongoing dividend growth.
Bank OZK Rewards Its Shareholders With Dividend Hike of 2.1%
OZK raises its quarterly dividend for the 64th straight quarter while continuing to return capital through a fresh $200-million share repurchase program.
Bank OZK (BO8) FAQ
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Bank OZK Profile
| Banks Industry | Financials Sector | George G. Gleason CEO | XSTU Exchange | 06417N103 CUSIP |
| US Country | 3,096 Employees | 13 Jul 2026 Last Dividend | 24 Jun 2014 Last Split | 17 Jul 1997 IPO Date |
Overview
Bank OZK, established in 1903 and based in Little Rock, Arkansas, has evolved from its original name, Bank of the Ozarks, to its current identity in July 2018. The bank offers a comprehensive range of retail and commercial banking services across the United States, catering to the financial needs of individuals and businesses alike. Through its broad array of banking solutions, Bank OZK has established itself as a significant entity in the financial sector, providing clients with innovative services and products tailored to meet their financial objectives.
Products and Services
Deposit Services: Bank OZK offers a variety of deposit services, encompassing non-interest bearing checking, interest-bearing transaction accounts, business sweep, savings and money market accounts, individual retirement accounts, and other specialized accounts. Additionally, the bank provides options for time and reciprocal deposits, catering to the diverse needs of its clientele.
Trust and Wealth Services: The bank's trust and wealth services include personal trusts, custodial accounts, investment management accounts, and retirement accounts. Corporate trust services extend to acting as trustee, paying agent, and registered transfer agent, alongside offering various related services, ensuring comprehensive financial management solutions for both individuals and corporations.
Treasury Management Services: Tailored for business efficiency, these services comprise automated clearing house transactions, wire transfers, transaction reporting, wholesale lockbox services, remote deposit capture, automated credit line transfers, reconciliation, positive pay, and commercial card services. Bank OZK also provides zero balance and investment sweep accounts among other treasury solutions.
Lending Services: The bank's extensive lending portfolio includes real estate loans, consumer loans, small business loans, indirect recreational vehicle and marine loans, equipment loans, agricultural loans, commercial and industrial loans, government-guaranteed loans, lines of credit, homebuilder loans, and affordable housing loans. Additionally, it offers lender and structured financing, business aviation financing, and subscription financing services, in addition to mortgage and other lending products, ensuring a diverse range of financial solutions.
Additional Services: Complementing its financial products, Bank OZK offers ATM services, telephone banking, online banking, mobile banking, credit and debit cards, safe deposit boxes, and various other banking products and services. These additional options enhance the banking experience, providing convenience and accessibility to its customers.
