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Bank OZK (NASDAQ:OZK) reported quarterly earnings of $1.49 per share which beat the analyst consensus estimate of $1.47 by 1.36 percent. This is a 5.7 percent decrease over earnings of $1.58 per share from the same
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Greystone Capital Advisors arranged $75.5 million in construction financing and $32.0 million in JV equity for M7 Lofts, a 286-unit office-to-residential conversion project in Norwalk, Connecticut. The adaptive-reuse project will convert two eight-story office buildings into a multifamily residential community with extensive amenities and proximity to Metro-North transit.
Wells Fargo analyst Terry McEvoy maintains Bank OZK (NASDAQ:OZK) with a Equal-Weight and raises the price target from $52 to $56.
UBS analyst Timur Braziler maintains Bank OZK (NASDAQ:OZK) with a Neutral and raises the price target from $50 to $51.
TD Cowen analyst Janet Lee maintains Bank OZK (NASDAQ:OZK) with a Hold and lowers the price target from $53 to $52.