Bank OZK: Q3 Earnings Snapshot
LITTLE ROCK, Ark. (AP) — LITTLE ROCK, Ark. (AP) — Bank OZK (OZK) on Thursday reported third-quarter profit of $173.8 million.
The Little Rock, Arkansas-based bank said it had earnings of $1.49 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.
The bank posted revenue of $591.2 million in the period. Its revenue net of interest expense was $393 million, also topping Street forecasts. Six analysts surveyed by Zacks expected $384.4 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OZK at https://www.zacks.com/ap/OZK