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LITTLE ROCK - Bank OZK (NASDAQ:OZK) announced Wednesday its Board of Directors has declared a quarterly cash dividend of $0.45 per share on its common stock, representing a 2.27% increase from the previous quarter. The bank, currently yielding 3.45%, has shown impressive dividend growth of 12.82% over the last twelve months, according to InvestingPro data.
The dividend will be payable on October 21, 2025, to shareholders of record as of October 14, 2025, according to a press release from the bank.
This marks the 61st consecutive quarter that Bank OZK has increased its quarterly cash dividend on common stock, a consistency that has earned the bank inclusion in the S&P High Yield Dividend Aristocrats index since January 2018.
The Board also declared a quarterly cash dividend of $0.28906 per share on the bank’s 4.625% Series A Non-Cumulative Perpetual Preferred Stock for the period covering August 15 through November 15, 2025. This preferred stock dividend will be payable on November 17, 2025, to holders of record as of November 3, 2025.
Bank OZK, established in 1903, operates over 250 offices across nine states including Arkansas, Georgia, Florida, North Carolina, Texas, Tennessee, New York, California and Mississippi. The regional bank reported total assets of $41.5 billion as of June 30, 2025. With a market capitalization of $5.72 billion and an overall financial health score rated as "GREAT" by InvestingPro, the bank is currently trading near its Fair Value.
In other recent news, Bank OZK reported earnings for the second quarter of 2025 that exceeded expectations. The bank’s earnings per share (EPS) came in at $1.58, surpassing the forecasted $1.53. Additionally, revenue reached $427.99 million, outperforming the anticipated $423.45 million. In another development, Keefe, Bruyette & Woods raised its price target for Bank OZK to $53.00 from $48.00, maintaining a Market Perform rating. This adjustment was attributed to momentum in the bank’s Corporate and Investment Banking (CIB) growth, which has seen a 25% annualized increase in loan growth in the most recent quarter. The growth in CIB is helping to offset a slowdown in the bank’s Real Estate Specialties Group (RESG). These updates are part of the recent developments surrounding Bank OZK.
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