Bank OZK reports Q4 EPS $1.50, consensus $1.48

Net interest income for the fourth quarter of 2023 was a record $371M, an 11.4% increase from $332M for the fourth quarter of 2022 ” Our net interest income for the full year of 2023 was $1.44 B a 26.0% increase from $1.14 billion for the full year of 2022. During the quarter just ended, our book value per common share increased to $42.42, a 14.3% increase from December 31, 2022. Over the last 10 years, we have increased book value per common share by a cumulative 397%, resulting in a compound annual growth rate of 17.4%.”