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Raymond James analysts Michael Rose and William Wallace upgrade nine banks and downgrade three. More news on: Hancock Whitney Corporation, Bank OZK, Regions Financial Corporation, Financial stocks news, Read more ...
The downward path — that started yesterday for banks and financials on the expectation that the Fed's key interest rate won't increase for at least two years — continues today, with regional banks feeling more pain than larger, diversified banks. More news on: Financial Sel...
LITTLE ROCK, Ark., June 10, 2020 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) has released its inaugural Environmental, Social and Governance (ESG) Report, detailing the Bank’s 2019 ESG practices and performance. The report provides a comprehensive view...
Regional banks get hit particularly hard after Fed Chair Jerome Powell says, "We're not even thinking about thinking about raising rates." More news on: SPDR S&P Regional Banking ETF, SPDR S&P Bank ETF, Direxion Shares ETF Trust - Direxion Daily Regional Banks Bull 3X Shares, Fin...
Dividend Cuts And Suspension/Elimination There were only two companies that suspended dividend payments during the month of April. Apple Hospitality ( APLE ) is a real estate investment trust ( REIT ) that operates hotels in 87 markets across the United States. According to the most re...
Bank OZK's (OZK) earnings plunged by 89% sequentially in the first quarter due to a surge in provision expense amid the COVID-19 pandemic. Earnings in the remainder of the year will likely decline on a year-over-year basis, but improve over the first quarter. High provision expense will be the...
LITTLE ROCK, Ark., May 18, 2020 (GLOBE NEWSWIRE) -- Bank OZK (Nasdaq: OZK), has announced contributions totaling $220,000 to 25 food banks in communities Bank OZK serves across the states of Alabama, Arkansas, Florida, Georgia, North Carolina, South Carolina, Texas and New York. The publ...
With Fed Chair Jay Powell seeing a possibility of long-term economic damage from the pandemic-induced recession, and traders keeping their bets that rates will turn negative next year, bank stocks continue to drop. More news on: Financial Select Sector SPDR ETF, Wells Fargo & Company, ...
Editors' Note: This is the transcript of the video we posted Monday. Please note that due to time and audio constraints, transcription may not be perfect. We encourage you to listen to the video as well as a combined podcast featuring two other interviews along with this one, embedded below...
by Daniel Shvartsman Source: Bill Watterson/Calvin & Hobbes Long-term investing is an attractive philosophy to espouse, just like margin of safety or value investing. Who doesn't want to invest for the long term, to preserve their retirement? Who doesn't want to build the possibili...
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LITTLE ROCK, Ark., July 17, 2024 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) today announced that net income available to common stockholders for the second quarter of 2024 was a record $173.5 million, a 3.3% increase from $167.9 million for the second quarter of 2023. F...
LITTLE ROCK, Ark., July 17, 2024 (GLOBE NEWSWIRE) -- Bank OZK’s (the “Bank”) (Nasdaq: OZK) second quarter and first six months 2024 management comments are now available on the Bank’s investor relations website https://ir.ozk.com . GENERAL INFORMATION ...
LITTLE ROCK, Ark., June 27, 2024 (GLOBE NEWSWIRE) -- Bank OZK (the “Bank”) (Nasdaq: OZK) expects to report its second quarter 2024 earnings after the market closes on Wednesday, July 17, 2024. Management’s comments on the second quarter of 2024 will be released simultaneously...