Friday 19 July 2019

Bank OZK’s loan growth slows in Q2 amid cooling markets

Bank OZK, one of the country’s most aggressive condo construction lenders, signaled in its most recent earnings report that its real estate lending growth is slowing down. The bank’s organic loan portfolio increased 11 percent in the second quarter of 2019, year-over-year. That’s after increasing 28.6 percent in the second quarter of 2018, compared to the previous year. The Little Rock-based regional bank said in a conference call with analysts that its future loan growth […]



source https://therealdeal.com/national/2019/07/19/bank-ozks-loan-growth-slows-in-q2-amid-cooling-markets/#new_tab

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