LITTLE ROCK, Ark. (AP) _ Bank OZK (OZK) on Thursday reported fourth-quarter profit of $149.8 million.
The bank, based in Little Rock, Arkansas, said it had earnings of $1.17 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.
The bank posted revenue of $310.2 million in the period. Its revenue net of interest expense was $296.1 million, which also topped Street forecasts. Four analysts surveyed by Zacks expected $273 million.
For the year, the company reported profit of $579 million, or $4.47 per share. Revenue was reported as $1.11 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OZK at https://www.zacks.com/ap/OZK
