05:23 PM EDT, 07/17/2024 (MT Newswires) -- (Adds details about $200 million stock buyback program in the fifth paragraph).

Bank OZK ( OZK ) reported Q2 earnings late Wednesday of $1.52 per diluted share, up from $1.47 year earlier.

Analysts polled by Capital IQ expected $1.53.

Revenue for the quarter ended June 30, calculated as the sum of net interest income and total noninterest income, was $416.8 million, compared with $388.8 million a year earlier.

Analysts surveyed by Capital IQ expected $414.4 million.

The company's board of directors authorized a new, $200 million stock buyback program running through July 1, 2025.

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