Bank OZK (OZK)

Bank OZK Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	2,459	2,459	1,992	1,190	1,019	1,015
Interest Income on Investments	191.03	191.03	136.63	76.3	52.47	65.62
Total Interest Income	2,650	2,650	2,128	1,266	1,071	1,081
Interest Paid on Deposits	1,085	1,085	627.05	94.57	64.42	171.81
Interest Paid on Borrowings	31	31	61.64	29.25	17.17	20.34
Total Interest Expense	1,116	1,116	688.69	123.83	81.59	192.16
Net Interest Income	1,534	1,534	1,439	1,142	989.72	888.62
Net Interest Income Growth (YoY)	6.55%	6.55%	26.02%	15.41%	11.38%	0.50%
Trust Income	9.57	9.57	8.52	7.99	8.51	7.54
Gain (Loss) on Sale of Assets	3.42	3.42	9.03	11.47	9.96	6.86
Gain (Loss) on Sale of Investments	0.56	0.56	-24.53	-18.27	-14.57	-3.81
Other Non-Interest Income	66.19	66.19	52.73	46.39	51.92	47.43
Total Non-Interest Income	123.07	123.07	91.82	93.4	98.43	95.72
Non-Interest Income Growth (YoY)	34.04%	34.04%	-1.70%	-5.11%	2.83%	-5.48%
Revenues Before Loan Losses	1,657	1,657	1,531	1,236	1,088	984.35
Provision for Loan Losses	175.55	175.55	165.47	83.49	-77.94	203.64
Revenue	1,481	1,481	1,366	1,152	1,166	780.71
Revenue Growth (YoY)	8.45%	8.45%	18.55%	-1.20%	49.36%	-18.61%
Salaries and Employee Benefits	296.02	296.02	241.41	213.17	198.56	191.99
Occupancy Expenses	71.68	71.68	61.99	59.96	56.4	52.58
Selling, General & Administrative	20.58	20.58	44.18	32.1	29.18	31.7
Other Non-Interest Expense	163.03	163.03	154.21	126.2	131.06	128.87
Total Non-Interest Expense	551.29	551.29	501.79	431.43	415.2	405.13
EBT Excluding Unusual Items	929.95	929.95	864.04	720.72	750.89	375.57
Pretax Income	931.29	931.29	867	721.53	752.92	376.18
Income Tax Expense	214.79	214.79	176.16	157.44	173.89	84.31
Earnings From Continuing Operations	716.5	716.5	690.84	564.09	579.03	291.87
Minority Interest in Earnings	-0.05	-0.05	-0.06	0.05	-0.03	0.03
Net Income	716.46	716.46	690.78	564.14	579	291.9
Preferred Dividends & Other Adjustments	16.19	16.19	16.19	16.62	-	-
Net Income to Common	700.27	700.27	674.6	547.52	579	291.9
Net Income Growth	3.72%	3.72%	22.45%	-2.57%	98.36%	-31.46%
Basic Shares Outstanding	114	114	114	120	129	129
Diluted Shares Outstanding	114	114	115	121	130	129
Shares Change (YoY)	-0.71%	-0.71%	-4.86%	-6.88%	0.14%	0.33%
EPS (Basic)	6.16	6.16	5.89	4.55	4.49	2.26
EPS (Diluted)	6.14	6.14	5.87	4.54	4.47	2.26
EPS Growth	4.60%	4.60%	29.30%	1.57%	98.03%	-31.60%
Dividend Per Share	1.580	1.580	1.420	1.260	1.133	1.077
Dividend Growth	11.27%	11.27%	12.70%	11.26%	5.10%	14.63%
Effective Tax Rate	23.06%	23.06%	20.32%	21.82%	23.10%	22.41%

Source: S&P Capital IQ. Banks template. Financial Sources.