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Replies to #72 on Bank OZK (OZK)
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FACT-MASTER

07/11/24 9:21 PM

#77 RE: Huggy Bear #72

I like the country diversification they have:

I haven't dug too deep into the projects and loans they have outstanding and the quality of those projects; though
I like the country diversification that they have, Mexico , Brazil , Chile etc , imo appear to be stabilizing politically. .and these countries have what i would say as fundamental economic drive ( been to Mexico and Brazil) whereas countries like the UK/ Canada/Australia/New Zealand appear to be bent on destroying the fundamental economic drive of the country - just my opinion.

It still comes down to performance though and the profit picture looks good ($1.40/share/1st quarter) with, to the low side, outstanding share count. ( approx. 36 million)

The dividend of .50/quarter ( approx. 35% of earnings) seems high, not sure if it is sustainable - time will tell and the next quarter should be interesting.

BLX definitely added to my watch list and i notice a nice run up recently.

Currently i am heavily invested in OZK and OZKAP, among others - sold out of TPET recently - RS coming, sold out NLST, added to ESPR, others are long term holders
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FACT-MASTER

07/17/24 6:02 PM

#79 RE: Huggy Bear #72

OZK: Management comments Q2/24

https://ml.globenewswire.com/Resource/Download/c79b7f8f-7cbb-47bd-8422-c761be5fe429

Another stellar quarter here at Bank OZK!