Investor Presentaiton
Net Interest Margin Trends
•
During the quarter just ended, our net interest margin was 5.05%, decreasing 27 bps from the second quarter of 2023, but increasing
two bps from the third quarter of 2022.
Compared to the second quarter of 2023, our yield on average earning assets in the quarter just ended increased 19 bps to 7.76%,
and our cost of interest bearing liabilities increased 55 bps to 3.59%. Compared to the third quarter of 2022, our yield on average
earning assets increased 224 bps and our cost of interest bearing liabilities increased 287 bps.
Net Interest Margin vs. the Industry
Favorable 2.04%
Variance vs Industry*
6.00%
5.54%
5.46%
5.32%
5.03%
5.05%
5.00%
4.52%
4.41%
4.16%
4.24%
4.00%
3.37%
3.31%
3.28%
3.14%
2.80%
3.00%
2.56%
2.56%
2.54%
2.00%
1.00%
0.00%
3Q21
4Q21
1Q22
Bank OZK
2Q22
3Q22
4Q22
1Q23
2Q23
3Q23
FDIC Insured Institutions*
We continue to outperform the industry on net interest margin. In fact, in the second quarter of 2023, the latest quarter
for which comparative data is available, our net interest margin outperformed the industry by 204 bps.
* Data for all FDIC insured institutions from the FDIC Quarterly Banking Profile, last updated second quarter 2023.
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