Bank OZK: A Best-Of-Breed For 2024

Dec. 30, 2023 12:49 AM ETBank OZK (OZK) StockOZK116 Comments
Ray Merola
14.29K Followers

Summary

  • Bank OZK is a regional bank that has shown outstanding long-term performance and may be considered a best-of-breed.
  • The bank's unique business model, which includes a high loan-to-deposit ratio and a focus upon commercial real estate loans, offers investment opportunities. I believe the CEO is a banking genius.
  • Despite recent gains, Bank OZK stock appears reasonably priced, and my fair value estimate is about $70, with a current trading price of $51 and a 2.9% dividend yield.

Bank OZK building, Lexington, NC

J. Michael Jones/iStock Editorial via Getty Images

Background

Historically, four stock sectors tend to outperform during transition periods of economic stress to the beginnings of a new economic recovery.

These are Tech, Consumer Discretionary, Industrials, and Financials.

Bank stocks

This article was written by

14.29K Followers
Individual investor focused upon a limited number of diversified stocks. Seeks stocks selling below fair value estimates; favors dividend growth and/or income. Advocates fundamental investment analysis, supplemented by the technical charts. Options strategies primarily employed to generate additional income or hedge risk. If interested, you may find out more about my investment philosophy in the I.S.S. (Investment Strategy Statement) found in my listing of published articles or via this link: Investment Strategy Statement - Ray Merola | Seeking Alpha

Analyst’s Disclosure:I/we have a beneficial long position in the shares of OZK either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About OZK Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on OZK

Related Stocks

SymbolLast Price% Chg
OZK
--