Bank OZK

Bank OZK reported Q2 2026 net income of $163.3 million, an 8.7% decrease year-over-year but a 2.5% increase quarter-over-quarter. Diluted EPS for the quarter was $1.49, down 5.7% from Q2 2025 but up 3.5% from Q1 2026. Chairman and CEO George Gleason highlighted solid financial results, including a 1.60% return on assets, a 4.24% net interest margin, and a 39.2% efficiency ratio, alongside progress in loan portfolio diversification.

Bank OZK announced its Board of Directors declared a quarterly cash dividend of $0.48 per share on its common stock, marking a $0.01 or 2.13% increase from the previous quarter. This dividend is payable on July 20, 2026. The bank has a consistent track record, having increased its common stock dividend for 64 consecutive quarters, leading to its inclusion in the S&P High Yield Dividend Aristocrats® index. Additionally, a quarterly cash dividend of $0.28906 per share was declared for its 4.625% Series A Non-Cumulative Perpetual Preferred Stock, payable on August 17, 2026.

Bank OZK announced its second quarter 2026 earnings will be released after market close on Tuesday, July 21, 2026. Management comments, the earnings press release, and financial supplement will be available on the Bank's investor relations website simultaneously. A conference call to discuss the results will be held on Wednesday, July 22, 2026, at 7:30 a.m. CT (8:30 a.m. ET), accessible via webcast or telephone registration. Bank OZK, established in 1903, operates in nine states and reported $41.7 billion in total assets as of March 31, 2026.

Bank OZK's Board of Directors has approved a new stock repurchase program, authorizing the purchase of up to $200 million of its outstanding common stock. This program will become effective on July 1, 2026, following the expiration of the current program, and will run through July 1, 2027. Under the expiring program, the Bank repurchased 3.89 million shares for $176.6 million at an average price of $45.34 per share.

Bank OZK reported net income available to common stockholders of $159.3 million for the first quarter of 2026, marking a 5.1% decrease compared to $167.9 million in Q1 2025. Diluted earnings per common share also fell by 2.0% to $1.44 from $1.47 in the prior year's first quarter. Despite the declines, Chairman and CEO George Gleason expressed satisfaction with a "solid start to the year" and confidence in the bank's strategic execution amidst challenging environments.