Origin Bancorp Earnings Call Transcripts
Fiscal Year 2026
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Q1 delivered strong organic loan and deposit growth, especially in Texas and the Southeast, with disciplined pricing and credit quality. Guidance targets high single-digit growth and improved NIM, while capital deployment focuses on dividends and buybacks.
Fiscal Year 2025
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Delivered strong Q4 results with EPS of $0.95 and ROA of 1.19%, driven by loan growth and operational efficiency. Outlook for 2026 includes mid to high single-digit loan and deposit growth, continued margin strength, and disciplined capital deployment.
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Q3 results were impacted by a $28.4M charge-off from Tricolor fraud, but underlying performance improved with higher NIM, ROA, and deposit growth. Loan growth guidance was revised to flat for 2025, but management remains optimistic for 2026, citing strong pipelines and market opportunities.
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Q2 results reflect strong execution of the Optimize Origin plan, with improved profitability, margin expansion, and disciplined capital management. Loan and deposit growth guidance was reduced, but margin and noninterest income guidance increased. Capital levels remain robust, supporting future growth and shareholder returns.
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Q1 saw strong net interest margin expansion, deposit growth, and improved expense control, with a 0.93% annualized ROA and $0.71 EPS. Mortgage restructuring and strategic hires support future growth, while capital remains robust for buybacks and debt redemption.
Fiscal Year 2024
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Optimization initiatives are set to deliver $21 million in annualized pre-tax benefits, driving a targeted 1% ROA by Q4 2025. Loan growth is expected to accelerate to mid to high single digits, with margin expansion and strong capital supporting both organic and potential M&A growth.
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Core deposit growth and efficiency gains offset margin pressure from higher deposit costs and rate cuts. Credit quality improved, with lower past dues and non-performers, while capital and liquidity remain strong. Strategic focus is on returning to peer-level profitability by next year.
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Q2 2024 results were in line with expectations, with EPS impacted by both positive one-time gains and a $0.25 reduction from a questioned activity by a terminated banker. Loan growth is expected to be modest, with a focus on profitable client selection and margin expansion.