Investor Presentaiton
Net Interest Income Is Our Largest Category of Revenue
As shown below, our net interest income for the third quarter of 2023 was a record $367 million, a 24.7% increase
from the third quarter of 2022. Our net interest income for the first nine months of 2023 was $1.07 billion, a 32.0%
increase from $810 million million for the first nine months of 2022.
Net Interest Income
($ millions)
$400
$350
$367
$357
$345
$332
$295
$300
$266
$266
$248
$249
$250
$200
$150
$100
$50
$-
Our net interest income in the quarter just ended was our fifth consecutive record and resulted from our increased revenue
from growth in average earning assets more than offsetting the impact of the decrease in our net interest margin. In the
fourth quarter of 2023, we expect further growth in average earning assets and further decreases in our net interest
margin, with the interplay between these two metrics, along with Fed interest rate decisions, primarily determining
whether net interest income increases or decreases from the level achieved in the quarter just ended.
I
28
Bank OZKView entire presentation