Bank OZK logo OZK - Bank OZK

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 3
HOLD 18
SELL 1
STRONG
SELL
0
| PRICE TARGET: $56.33 DETAILS
HIGH: $61.00
LOW: $52.00
MEDIAN: $56.00
CONSENSUS: $56.33
UPSIDE: 14.49%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Banks, Insurers & Asset Managers 85% confidence

Primary model: P/Tangible Book × ROE Quality

Valuation Signal Undervalued Strong
Trading 44.4% below fair value
Current Price $49.20
Bear Case $56.59 15.0% upside ($56.59 - $49.20) / $49.20 = 15.0% ROTCE 9.8% → 1.13x TBV
Fair Value $88.43 79.7% upside ($88.43 - $49.20) / $49.20 = 79.7% ROTCE 13.1% → 1.77x TBV
Bull Case $107.54 118.6% upside ($107.54 - $49.20) / $49.20 = 118.6% ROTCE 15.0% → 2.15x TBV

Adjust Assumptions

13.1%
9.1%

Key Value Driver

ROTCE (13.1%) vs. cost of equity (9.1%)

Implied Market Multiple 0.98x

Plain-Language Summary

With ROTCE of 13.1% vs. 9.1% cost of equity, fair P/TBV is 1.77x on $50.10 tangible book, implying $88.43 per share. DDM cross-check: $586.46.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (22 analysts) $56.33
Analyst Range $52.00 – $61.00
Divergence from AlphaVal 57%

Warnings

Traditional cash flow models don't work well for banks — lending activity distorts how much cash the business actually generates.
Common valuation shortcuts don't apply here — for banks, interest payments are a core business cost, not overhead.
Dividend-based valuation: $586.46 (563% above our primary estimate). Large gaps suggest the dividend may not fully reflect the company's value.
Wall Street's average price target is $56.33 (from 22 analysts). Our estimate is 57% above the consensus -- consider that gap carefully.

Key Risks

  • Book value quality matters as much as level — check loan loss reserves
  • Interest rate sensitivity creates non-linear earnings surprises
  • Insurance reserving is actuarial, not financial — errors emerge slowly