$OZKAP

Bank OZK 4.625% PER PFD A (OZKAP) announced a quarterly dividend of $0.289 per share, with a forward yield of 7.85%. The dividend is payable on November 16 to shareholders of record on November 2, with an ex-dividend date of November 2. The company has been diversifying its earnings, which may impact near-term results but strengthens its preferred stock case.

Bank OZK (OZK) raised its quarterly dividend by 2.1% to $0.49 per share, with a forward yield of 4.23%. The dividend is payable on October 20 to shareholders of record on October 13. The company also expects mid-single-digit loan growth in 2026 and equal contributions from CIB and RESG portfolios by 2027, according to recent reports.

Wells Fargo maintained an Equal-Weight rating on Bank OZK (OZK) but lowered its target price from $56 to $51, citing cautious outlook. GuruFocus values OZK at $49.89, suggesting 7.4% undervaluation. The bank has a GF Score of 91, indicating strong performance in profitability and growth. 11 gurus hold OZK, with 7 adding positions recently.

Analysts issued new ratings for Enova International (ENVA), Robinhood (HOOD), and Bank OZK (OZK). Maxim Group reiterated Buy on ENVA with a $285 target versus a $251.96 close. Morgan Stanley kept HOOD at Hold with a $124 target versus $95.65. UBS kept OZK at Hold with a $51 target versus $50.38.

The article cites activist research on Lyft, alleging $1.3 to $2.7 billion exposure from rideshare sexual-assault litigation versus $533 million in legal and tax accruals, and says Lyft’s $1.7 billion cash may require dilutive equity. It also notes Outlier Capital’s view on Bank OZK’s CRE downturn. It lists several executive departures at Palantir, Archer Aviation, Coastal Financial, Red Cat Holdings, and Lindsay Corporation.

Bank OZK reduced real estate exposure to 47% of its loan book in Q2, down 5 points from Q1, according to its earnings report. It originated $1B in real estate loans in April-June. Profit was $163M in Q2, down 8.7% YoY. Real estate charge-offs rose to 0.69% and nonperforming assets increased. The bank aims to lend $5B in 2024.

A joint venture of Global Holdings, MAG Partners and Safanad refinanced Anagram Turtle Bay, a 194-unit Midtown Manhattan apartment tower at 300 East 50th Street, with $141.4 million of bridge debt from M&T Realty Capital Corporation. The loan follows $95 million construction financing from Bank OZK. The property has 142,000 sq ft of residences and 5,000 sq ft of leased retail to Serafina Mare.

Bank OZK (Nasdaq: OZK) said its board approved a new $200 million stock repurchase program, effective July 1, 2026 through July 1, 2027, subject to board changes. It may buy shares at prevailing market prices via open market or negotiated trades. The prior program expires July 1, 2026; Bank OZK repurchased 3.89M shares for $176.6M at $45.34 avg.

Greystone arranged $141 million in construction financing for The Hampton Group’s ground-up IKONIC Scottsdale, a 14-story 245-unit multifamily tower at 16640 N. Scottsdale Road, Arizona. The package includes a senior mortgage from Bank OZK and a mezzanine loan from Related Fund Management, with Greystone as exclusive advisor. Designed by Gensler, built by Gilbane, it is expected to open in 2028.

This article presents a financial data point for Bank OZK (NASDAQ: OZK), specifically focusing on its actual loan losses. It provides a table format with columns for 'Period', 'Value', 'Change', and 'Change %' related to these loan losses. The content is primarily a data display with surrounding platform navigation elements.