Bank OZK (OZK) Investor presentation summary

Financial performance and growth

• Total assets reached $41.7 billion, with total loans at $33.0 billion and deposits at $33.8 billion as of March 31, 2026.

• Net interest income for Q1 2026 was $385.6 million, up 3.0% year-over-year but down 5.3% sequentially, reflecting seasonality.

• Net interest margin for Q1 2026 was 4.20%, consistently outperforming the industry by 91 bps in the latest comparative quarter.

• Efficiency ratio stood at 39.0% for Q1 2026, among the best in the industry.

• Return on average assets was 1.58% and return on average tangible common equity was 12.47% for Q1 2026.

Loan portfolio and diversification

• Loan portfolio reached $32.98 billion, with 2.0% growth from the prior quarter and 6.0% year-over-year.

• RESG loans comprised 52% of funded loans, CIB 19%, Community Banking 16%, and Indirect Lending 13%.

• CIB and Indirect RV & Marine portfolios drove diversification, offsetting elevated RESG repayments.

• RESG's share of loans declined from its peak, with expectations for further diversification in 2026.

• Loan growth is expected to accelerate to 10–11% in 2027 as RESG repayments subside.

Asset quality and risk management

• Annualized net charge-off ratio was 0.57% for Q1 2026, with expectations to outperform industry averages.

• Allowance for credit losses was $628.5 million, or 1.46% of loans, reflecting a prudent build over 15 quarters.

• Five RESG loans accounted for the majority of past due and nonperforming loans.

• RESG loans maintain low leverage, with weighted average LTC at 49% and LTV at 46%.

• Strong sponsor support and defensive loan structures have limited substandard credits and foreclosed assets.