Bank OZK logo OZK - Bank OZK

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 3
HOLD 18
SELL 1
STRONG
SELL
0
| PRICE TARGET: $58.00 DETAILS
HIGH: $62.00
LOW: $52.00
MEDIAN: $59.00
CONSENSUS: $58.00
UPSIDE: 14.47%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Banks, Insurers & Asset Managers 85% confidence

Primary model: P/Tangible Book × ROE Quality

Valuation Signal Undervalued Moderate
Trading 37.5% below fair value
Current Price $50.67
Bear Case $51.90 2.4% upside ($51.90 - $50.67) / $50.67 = 2.4% ROTCE 9.8% → 1.13x TBV
Fair Value $81.11 60.1% upside ($81.11 - $50.67) / $50.67 = 60.1% ROTCE 13.1% → 1.77x TBV
Bull Case $98.63 94.7% upside ($98.63 - $50.67) / $50.67 = 94.7% ROTCE 15.0% → 2.16x TBV

Adjust Assumptions

13.1%
9.1%

Key Value Driver

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

Implied Market Multiple 1.01x

Plain-Language Summary

Our base-case estimate uses P/Tangible Book × ROE Quality. We then blend that result with the average analyst price target of $58.00 from 22 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $81.11 per share.

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: $626.40 (605% above our primary estimate). Large gaps suggest the dividend may not fully reflect the company's value.
Wall Street's average price target is $58.00 (from 22 analysts). Our estimate is 53% 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