LITTLE ROCK, Ark. (AP) — LITTLE ROCK, Ark. (AP) — Bank OZK (OZK) on Thursday reported first-quarter profit of $169.9 million.
The Little Rock, Arkansas-based bank said it had earnings of $1.41 per share.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.
The bank posted revenue of $476.5 million in the period. Its revenue net of interest expense was $372.7 million, beating Street forecasts. Six analysts surveyed by Zacks expected $364.1 million.
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