We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Insights Into Bank OZK (OZK) Q1: Wall Street Projections for Key Metrics
Read MoreHide Full Article
In its upcoming report, Bank OZK (OZK - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.42 per share, reflecting a decline of 6% compared to the same period last year. Revenues are forecasted to be $398.81 million, representing a year-over-year decrease of 1.8%.
The current level reflects a downward revision of 1.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain Bank OZK metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts predict that the 'Efficiency Ratio' will reach 36.2%. Compared to the present estimate, the company reported 32.6% in the same quarter last year.
Based on the collective assessment of analysts, 'Total Average Interest-Earning Assets (FTE)' should arrive at $35.32 billion. Compared to the present estimate, the company reported $32.46 billion in the same quarter last year.
The collective assessment of analysts points to an estimated 'Total Non-performing loans' of $119.73 million. The estimate is in contrast to the year-ago figure of $61.20 million.
It is projected by analysts that the 'Tier 1 risk-based capital Ratio' will reach 11.8%. Compared to the current estimate, the company reported 11.5% in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Total risk-based capital Ratio' will likely reach 14.2%. Compared to the current estimate, the company reported 13.8% in the same quarter of the previous year.
The consensus estimate for 'Total Nonperforming Assets' stands at $205.01 million. Compared to the current estimate, the company reported $121.98 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Tier 1 leverage Ratio' should come in at 13.6%. Compared to the current estimate, the company reported 13.6% in the same quarter of the previous year.
Analysts expect 'Total Non-Interest Income' to come in at $30.62 million. Compared to the present estimate, the company reported $29.08 million in the same quarter last year.
The consensus among analysts is that 'Net Interest Income (FTE)' will reach $372.36 million. The estimate is in contrast to the year-ago figure of $379.96 million.
The average prediction of analysts places 'Net Interest Income' at $368.42 million. The estimate is in contrast to the year-ago figure of $376.93 million.
Analysts forecast 'BOLI income- Increase in cash surrender value' to reach $5.88 million. The estimate compares to the year-ago value of $5.51 million.
Analysts' assessment points toward 'Loan service, maintenance and other fees' reaching $7.37 million. Compared to the present estimate, the company reported $6.34 million in the same quarter last year.
Bank OZK shares have witnessed a change of -12.4% in the past month, in contrast to the Zacks S&P 500 composite's -6.1% move. With a Zacks Rank #3 (Hold), OZK is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Insights Into Bank OZK (OZK) Q1: Wall Street Projections for Key Metrics
In its upcoming report, Bank OZK (OZK - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.42 per share, reflecting a decline of 6% compared to the same period last year. Revenues are forecasted to be $398.81 million, representing a year-over-year decrease of 1.8%.
The current level reflects a downward revision of 1.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain Bank OZK metrics that are commonly tracked and forecasted by Wall Street analysts.
Analysts predict that the 'Efficiency Ratio' will reach 36.2%. Compared to the present estimate, the company reported 32.6% in the same quarter last year.
Based on the collective assessment of analysts, 'Total Average Interest-Earning Assets (FTE)' should arrive at $35.32 billion. Compared to the present estimate, the company reported $32.46 billion in the same quarter last year.
The collective assessment of analysts points to an estimated 'Total Non-performing loans' of $119.73 million. The estimate is in contrast to the year-ago figure of $61.20 million.
It is projected by analysts that the 'Tier 1 risk-based capital Ratio' will reach 11.8%. Compared to the current estimate, the company reported 11.5% in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Total risk-based capital Ratio' will likely reach 14.2%. Compared to the current estimate, the company reported 13.8% in the same quarter of the previous year.
The consensus estimate for 'Total Nonperforming Assets' stands at $205.01 million. Compared to the current estimate, the company reported $121.98 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Tier 1 leverage Ratio' should come in at 13.6%. Compared to the current estimate, the company reported 13.6% in the same quarter of the previous year.
Analysts expect 'Total Non-Interest Income' to come in at $30.62 million. Compared to the present estimate, the company reported $29.08 million in the same quarter last year.
The consensus among analysts is that 'Net Interest Income (FTE)' will reach $372.36 million. The estimate is in contrast to the year-ago figure of $379.96 million.
The average prediction of analysts places 'Net Interest Income' at $368.42 million. The estimate is in contrast to the year-ago figure of $376.93 million.
Analysts forecast 'BOLI income- Increase in cash surrender value' to reach $5.88 million. The estimate compares to the year-ago value of $5.51 million.
Analysts' assessment points toward 'Loan service, maintenance and other fees' reaching $7.37 million. Compared to the present estimate, the company reported $6.34 million in the same quarter last year.
View all Key Company Metrics for Bank OZK here>>>
Bank OZK shares have witnessed a change of -12.4% in the past month, in contrast to the Zacks S&P 500 composite's -6.1% move. With a Zacks Rank #3 (Hold), OZK is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>