Oct. 17 at 3:57 PM
$OZK Despite the negative market reaction today, this was another solid quarter for OZK. Record EPS of
$1.59 (beating last quarter by
$0.01). Record net interest income (up 4% QoQ). Forward PE is only 7x and Price/Tangible Book is hovering just above 1.00x, so a lot of potential future downside is already priced in, with significant upside if the worst case fails to materialize. OZK is currently 10% of my portfolio. It hasn't hit my add price yet, but I'm watching intently to scoop up more shares if the opportunity arises.