EarningsQ2 2026 Earnings Report
MX:OZK Q2 2026 EPS Results
Actual EPS$27.06
Consensus EPS$26.81
Beat/MissBeat by +$0.25
One Year Ago EPS$28.69
MX:OZK Q2 2026 Revenue Results
Actual Revenue$12.22B
Expected Revenue$7.93B
Beat/MissBeat by +$4.29B
YoY Revenue Growth-3.82%
Earnings Announcement Details
QuarterQ2 2026
Date07/21/2026
TimeAfter Close
Conference CallTuesday, July 21, 2026
MX:OZK Upcoming Earnings
Bank OZK's next earnings date is estimated for October 20, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:OZK Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balances clear strategic progress and constructive execution with near-term headwinds. Highlights include meaningful growth and diversification via CIB (now >$7B), improved new-loan spreads in CIB, a 4-basis-point NIM improvement in the quarter, rapid RESG portfolio recycling (nearly $10B of payoffs over the last four quarters), reduced regulatory CRE concentration, disciplined ACL realization, and active, accretive share repurchases. Offsetting these positives are material, front-loaded RESG repayments that depressed average earning assets and tempered NII guidance, negative loan growth in Q2 (despite mid-single-digit annual guidance), stress in segments like life science and office with associated charge-offs, an increase in special mention loans, slightly elevated net charge-offs year-to-date versus the industry, and modest upward pressure on deposit costs (CDs ~10 bps above prior lows). Overall, the company projects confidence in its multi-year strategy and improved franchise diversification but acknowledges near-term earnings and credit variability driven primarily by payoff timing and a handful of problem assets.Company Guidance
Commercial & Institutional Banking (CIB) Rapid Growth and Diversification
CIB has grown to over $7 billion, now includes 7+ major business lines (corporate banking, sponsor finance, fund finance, lender finance, natural resources, franchise capital solutions, asset-based lending, equipment finance, emerging middle market) and represents diversification across 42 unique NAICS; management expects CIB to equal RESG in size sometime in 2027, supporting fee income, deposit gathering, and cross-sell opportunities.
Net Interest Margin and Net Interest Income Improvement
Net interest margin improved by 4 basis points in the quarter; net interest income in Q2 was higher than Q1 despite elevated loan payoffs early in the quarter. Management noted consensus NIM expectations are broadly aligned with the bank's outlook.
RESG Paydown Recycling and Scale of Repayments
RESG repayments were elevated this quarter (approaching $3 billion); trailing four-quarter average repayments are about $2.5 billion per quarter and nearly $10 billion (~$9.95 billion) of RESG funded balances paid off over the last four quarters, demonstrating rapid portfolio recycling toward newly underwritten assets.
Regulatory Concentration Improvements
Total CRE concentration is now below the 300% regulatory guideline; management expects construction & development concentration to be under the 100% guideline by year-end or early next year, reducing regulatory concentration risk.
Provisioning and Allowance for Credit Losses (ACL) Management
Management decreased the ACL over the last couple of quarters as previously built reserves were realized through charge-offs (e.g., $22 million on an office building and $3.7 million on a life science building were charged off after prior reserving); provisions have been below consensus and management expects the ACL trend to continue downward if the economy remains resilient.
Share Repurchase Activity
Management repurchased approximately $175 million of the prior $200 million authorization at an average price below tangible book value (accretive to TBV and EPS); a new $200 million authorization has been approved for the next four quarters.
CIB New-Loan Spread Improvement
Recent CIB originations showed improved spreads: the average spread on newly originated CIB loans increased by over 25 basis points quarter-over-quarter, indicating favorable pricing on newly booked CIB business.
MX:OZK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed