Bank OZK (NASDAQ:OZK) Q2 2019 Earnings Conference Call - Final Transcript

Jul 19, 2019 • 11:00 am ET

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Bank OZK (NASDAQ:OZK) Q2 2019 Earnings Conference Call - Final Transcript

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Q & A
Executive
George Gleason

more significant contributors to our growth and the diversification of our portfolio.

Analyst
Brian Martin

Okay, that's helpful. And just the last items. The -- maybe I missed it, I joined a little bit late. I know -- it felt like they were talking about the expenses. But just, is it fair to assume from the comments I heard in the tail-end that the expense growth, the next several quarters, particularly through 1Q, is kind of similar type of pace give or take and then it maybe moderates a little bit thereafter? Is that kind of what I heard on that?

Executive
Greg McKinney

Brian, that's what we've said earlier. Yes, we do think that it will still have some growth in that expressed time over [Phonetic] the next two or three quarters. But we are hopeful that as we get into 2020 that we can get our field out of some of these areas we've been focused on. It will allow us to see -- do less the increase quarter-on-quarter basis that we just said in the last two or three quarters.

Analyst
Brian Martin

Okay. Thanks, Greg. And then just the -- and the last one. Just on the on the margin and kind of core spread, I guess, is your outlook, I guess, George just, or Tim on core margin, so I guess -- just the margin versus the core spread, I guess that those will kind of follow one another. Meaning I guess maybe your, there's not a lot of risk toward the margins at today over time, similar to what you're seeing on the core spread. I mean, those are, I guess, pretty connected. Is that how you guys are thinking about or how we should be thinking about it?

Executive
George Gleason

Yeah, I mean, they are going to be mostly connected. I mean, obviously purchase loan is another big component of our margin and securities too, so how those move will impact margin. Obviously today, the loan yields are non-purchased and purchased, are fairly similar. So that's -- those are the other two variables in the margin.

Analyst
Brian Martin

Okay. All right. That's all I had guys. I appreciate it.

Executive
George Gleason

Thanks.

Operator
Operator

[Operator Instructions] And I am not showing any further questions at this time. I'll turn the call back over to our host.

Executive
Tim Hicks

All right. There being no further questions, we will conclude the call. Thank you very much. We look forward to talking with you guys about 91 or 92 days, something like that. Have a great quarter. Thank you.

Operator
Operator

[Operator Closing Remarks]