Bank OZK: Preferred Stock Is Attractive Thanks To Robust Loan Book
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Bank OZK's preferred stock is considered attractive due to strong net results, low loan loss provisions, and a robust loan book. The preferred shares offer a 6.55% yield and are trading at a 30% discount to par value, with potential for price appreciation if interest rates drop.
February 11, 2025 | 3:45 pm
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Bank OZK's preferred stock is attractive due to strong financials and a robust loan book. The preferred shares offer a 6.55% yield and are trading at a 30% discount to par value, with potential for price appreciation if interest rates drop.
The article highlights Bank OZK's strong net results and low loan loss provisions, which ensure that preferred dividends are well-covered. The preferred shares are trading at a significant discount to par value, offering a high yield. If interest rates decrease, there is potential for price appreciation, making the preferred stock an attractive investment.
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IMPORTANCE 80
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