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OZK Jun 2024 52.000 call
| Previous close | 0.9000 |
| Open | N/A |
| Bid | 0.0500 |
| Ask | 0.5000 |
| Strike | 52.00 |
| Expiry date | 2024-06-28 |
| Day's range | 0.9000 - 0.9000 |
| Contract range | N/A |
| Volume | |
| Open interest | 1 |
ZacksBank OZK (OZK) Rides on High Rates, Fee Income Amid Cost Woes
Bank OZK (OZK) is well-poised for growth given high rates, its restructuring efforts and a solid balance sheet position. However, a rising expense base and deteriorating asset quality are concerns.
- Reuters
Regional lender Bank OZK plunges as Citi turns bearish over loan concerns
The commercial real estate (CRE) sector, which has been roiled by higher borrowing costs and lower occupancy, has become a key cause of concern for investors and lenders. Citi said the San Diego property "has been rejected numerous times by sizable pharmaceutical companies" and has no known leases. The two projects together account for 3.8% of Bank OZK's non-purchased loans and are more than 8.1 times larger than its allowance for credit losses for construction loans, Citi said.
Insider MonkeyBank OZK (OZK) Fell on Fewer Rate Cut Expectations
Diamond Hill Capital, an investment management company, released its “Small Cap Fund” first-quarter 2024 investor letter. A copy of the letter can be downloaded here. The market delivered positive returns in a volatile first quarter across most regions. Diamond Hill Small Cap Fund outperformed its benchmark, the Russell 2000 Index, in Q1 and returned 7.11% […]
