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Bank OZK net income down 12.4% YOY in Q4'19

Little Rock, Ark.-based Bank OZK posted fourth-quarter 2019 net income available to common stockholders of $100.8 million, or 78 cents per share, down from $115.0 million, or 89 cents per share, in the year-ago period.

The S&P Global Market Intelligence consensus estimate for GAAP EPS for the latest quarter was 76 cents.

Total loans as of Dec. 31, 2019, stood at $17.53 billion, up from $17.12 billion a year ago. Total deposits were $18.47 billion, up from $17.94 billion a year earlier.

For the full year 2019, the bank reported net income available to common stockholders of $425.9 million, or $3.30 per share, up from $417.1 million, or $3.24 per share, in the previous year.

The S&P Global Market Intelligence consensus estimate for GAAP EPS for the full year was $3.28.