Bank OZK made progress in the third quarter, diversifying its loan book and cleaning up problem credits, though its commercial real estate (CRE) portfolio still faces headwinds expected into 2027. CEO George Gleason expects CRE loan growth to return only in 2028. The Corporate and Institutional Banking division added 65 new client relationships, lifting loans to $8.63 billion, up nearly $1.4 billion from June 30. CRE repayments of $1.65 billion outpaced $1.55 billion in originations, and net income fell 9% year over year to $164.3 million. Gleason still predicts double-digit loan growth in 2027.
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