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Bank OZK (STU:BO8) Credit Losses Provision : €160 Mil (As of Mar. 2024)


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What is Bank OZK Credit Losses Provision?

Bank OZK's credit losses provision for the three months ended in Mar. 2024 was €39 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was €160 Mil.

Bank OZK's quarterly credit losses provision declined from Sep. 2023 (€41 Mil) to Dec. 2023 (€40 Mil) and declined from Dec. 2023 (€40 Mil) to Mar. 2024 (€39 Mil).

Bank OZK's annual credit losses provision increased from Dec. 2021 (€-69 Mil) to Dec. 2022 (€79 Mil) and increased from Dec. 2022 (€79 Mil) to Dec. 2023 (€152 Mil).


Bank OZK Credit Losses Provision Historical Data

The historical data trend for Bank OZK's Credit Losses Provision 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.

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Bank OZK Credit Losses Provision Chart

Bank OZK Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.62 167.39 -68.98 78.82 151.74

Bank OZK Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Credit Losses Provision 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 33.46 38.56 41.26 40.19 39.49

Bank OZK Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €160 Mil.

* 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.


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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