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Bank OZK: Q1 Earnings Snapshot

LITTLE ROCK, Ark. (AP) — LITTLE ROCK, Ark. (AP) — Bank OZK (OZK) on Tuesday reported first-quarter profit of $163.4 million.

The Little Rock, Arkansas-based bank said it had earnings of $1.44 per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.46 per share.

The bank posted revenue of $661.5 million in the period. Its revenue net of interest expense was $418.1 million, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $421.9 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

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