Bank OZK Cuts Real Estate Exposure as Charge-Offs Climb in Second Quarter

According to Bisnow reporting, Bank OZK reduced its real estate loan concentration to 47% of its total book during the second quarter, down from 52% earlier this year. The Arkansas-based lender recorded its slowest second quarter for originations in five years as high material co

According to Bisnow reporting, Bank OZK reduced its real estate loan concentration to 47% of its total book during the second quarter, down from 52% earlier this year. The Arkansas-based lender recorded its slowest second quarter for originations in five years as high material co