Investor Presentaiton
Third Quarter 2023 Key Highlights
Record Quarterly Net Income Available to Common Stockholders & Diluted Earnings Per Common Share of
$169.7 million and $1.49, increases of 32.3% and 38.0%, respectively, compared to the third quarter of 2022.
◇ Record Quarterly Pre-tax Pre-provision Net Revenue* ("PPNR") of $264.0 million.
◇ Record Quarterly Net Interest Income of $367.3 million.
◇ Record Loan Balances - Outstanding loans were $25.33 billion, increasing $1.72 billion, or 7.3% not
annualized, during the quarter.
◇ Record Deposit Balances - Deposits were $25.55 billion, increasing $1.57 billion, or 6.5% not annualized,
during the quarter.
◇ Liquidity - Available primary and secondary liquidity sources totaled $10.3 billion.
◇ Asset Quality - Our annualized net charge-off ratio for total loans was 0.15% and our quarter end ratios of
nonperforming non-purchased loans to total non-purchased loans and nonperforming assets to total assets
were 0.25% and 0.40%, respectively.
◇ Efficiency Ratio of 32.6%, among the best in the industry.
Capital - Our common stockholders' equity ratio and tangible common stockholders' equity ratio** were
13.9% and 12.2%, respectively, at September 30, 2023. At September 30, 2023, our book value and tangible
book value per common shares were $40.35 and $34.50, respectively, increases of 13.1% and 14.9% from
September 30, 2022.
◇ Dividends - We recently increased our dividend on common stock for the 53rd consecutive quarter.
* The calculation of the Bank's PPNR and the reconciliation to generally accepted accounting principles ("GAAP")
are included in the schedule at the end of this presentation.
** The calculation of the Bank's tangible common stockholders' equity and tangible book value per share and the
reconciliation to GAAP are included in the schedule at the end of this presentation.
Bank OZKView entire presentation