LITTLE ROCK, Ark. (AP) — LITTLE ROCK, Ark. (AP) — Bank OZK (OZK) on Thursday reported fourth-quarter earnings of $182.2 million.
The Little Rock, Arkansas-based bank said it had earnings of $1.56 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.45 per share.
The bank posted revenue of $695.6 million in the period. Its revenue net of interest expense was $412.3 million, which also topped Street forecasts. Four analysts surveyed by Zacks expected $408 million.
For the year, the company reported profit of $716.5 million, or $6.14 per share. Revenue was reported as $1.66 billion.
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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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