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Bank OZK (STU:BO8) Return-on-Tangible-Equity : 15.48% (As of Mar. 2024)


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What is Bank OZK Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Bank OZK's annualized net income for the quarter that ended in Mar. 2024 was €646 Mil. Bank OZK's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €4,172 Mil. Therefore, Bank OZK's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 15.48%.

The historical rank and industry rank for Bank OZK's Return-on-Tangible-Equity or its related term are showing as below:

STU:BO8' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.27   Med: 15.44   Max: 17.5
Current: 16.14

During the past 13 years, Bank OZK's highest Return-on-Tangible-Equity was 17.50%. The lowest was 8.27%. And the median was 15.44%.

STU:BO8's Return-on-Tangible-Equity is ranked better than
77.57% of 1458 companies
in the Banks industry
Industry Median: 10.69 vs STU:BO8: 16.14

Bank OZK Return-on-Tangible-Equity Historical Data

The historical data trend for Bank OZK's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank OZK Return-on-Tangible-Equity Chart

Bank OZK Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.17 7.90 15.42 14.22 16.02

Bank OZK Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.64 16.58 16.69 15.90 15.48

Competitive Comparison of Bank OZK's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Bank OZK's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank OZK's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank OZK's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bank OZK's Return-on-Tangible-Equity falls into.



Bank OZK Return-on-Tangible-Equity Calculation

Bank OZK's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=633.448/( (3800.578+4106.52 )/ 2 )
=633.448/3953.549
=16.02 %

Bank OZK's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=645.976/( (4106.52+4237.573)/ 2 )
=645.976/4172.0465
=15.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bank OZK  (STU:BO8) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Bank OZK Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Bank OZK's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank OZK (STU:BO8) Business Description

Industry
Traded in Other Exchanges
Address
18000 Cantrell Road, Little Rock, AR, USA, 72223
Bank OZK is a bank holding company that owns and operates a community bank, Bank of the Ozarks. The bank operates offices primarily in the southeastern United States, as well as Texas, New York, and California. The bank holding company also owns a number of finance subsidiary business trusts formed in connection with the issuance of debt and preferred securities. Bank of the Ozarks provides a wide range of retail and commercial banking services, but principally concentrates its activities on real estate loans, which account for the great majority of the bank's loans and leases. The bank's real estate lending arm, which finances many metropolitan construction and development projects, extends further than many of its community banking competitors.

Bank OZK (STU:BO8) Headlines

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