Despite EPS growth outpacing share price increase, the market shows less enthusiasm for the stock, indicated by a low P/E ratio. The divergence between TSR and share price return is largely due to dividend payments. Over a five-year period, the stock's returns improve, suggesting the share price may be pausing while the business focuses on growth strategy.
Bank OZK's management anticipates more growth in average earning assets and further reductions in net interest margin in 2024. The bank's Real Estate Specialties Group originated $2.05B of loans in Q4, its highest of the year, and expects the group's origination volume in 2024 to match or exceed the $7.22B achieved in 2023.
Despite high insider ownership aligning management's incentives with shareholders, increased insider selling over the past three months raises concern.
George Gleason believes Company's strategy for higher interest rates and turbulent environment led to record results. Bank OZK expects high origination volume in Q4, aligning with 2021 level.
$バンクOZK(OZK.US)$ Bank OZK is a well-known regional bank in the USA. The bank is changing its capital structure and has recently issued preferred shares, the proceeds of the offering will be used to buy back stock. Although the preferred issue is non-cumulative, I think the small discount to the call price make it an attractive proposition. I may sell my common shares and use the proceeds to buy some of the preferred shares.
バンクOZKに関するコメント
Bank OZK is a well-known regional bank in the USA.
The bank is changing its capital structure and has recently issued preferred shares, the proceeds of the offering will be used to buy back stock.
Although the preferred issue is non-cumulative, I think the small discount to the call price make it an attractive proposition.
I may sell my common shares and use the proceeds to buy some of the preferred shares.
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