OP Bancorp (OPBK)

NASDAQ: OPBK · Real-Time Price · USD
12.25
+0.29 (2.42%)
Apr 25, 2025, 4:00 PM EDT - Market closed
2.42%
Market Cap 180.91M
Revenue (ttm) 81.36M
Net Income (ttm) 21.03M
Shares Out 14.91M
EPS (ttm) 1.42
PE Ratio 8.56
Forward PE 7.90
Dividend $0.48 (3.92%)
Ex-Dividend Date May 8, 2025
Volume 32,072
Open 12.36
Previous Close 11.96
Day's Range 12.25 - 12.41
52-Week Range 8.91 - 18.57
Beta 0.53
Analysts Hold
Price Target 18.00 (+46.94%)
Earnings Date Apr 24, 2025

About OPBK

OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services. The company offers demand, checking, savings, money market, and time deposit accounts, as well as certificates of deposit. It also provides commercial real estate, small business administration, commercial and industrial business, single-family residential, term, consumer, and home mortgage loans; trade financing products; and letters of credit, and SWIFT and export advice. In addition, the company offers debit and credit card, online tran... [Read more]

Sector Financials
IPO Date Mar 28, 2018
Employees 231
Stock Exchange NASDAQ
Ticker Symbol OPBK
Full Company Profile

Financial Performance

In 2024, OP Bancorp's revenue was $79.28 million, a decrease of -2.39% compared to the previous year's $81.22 million. Earnings were $20.69 million, a decrease of -11.72%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for OPBK stock is "Hold" and the 12-month stock price forecast is $18.0.

Price Target
$18.0
(46.94% upside)
Analyst Consensus: Hold
Stock Forecasts

News

OP Bancorp Declares Quarterly Cash Dividend of $0.12 per Share

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that its Board of Directors declared a quarterly cash dividend o...

2 days ago - Business Wire

OP Bancorp Reports Net Income for 2025 First Quarter of $5.6 Million and Diluted Earnings Per Share of $0.37

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the first quarter of 2025. Net income f...

2 days ago - Business Wire

OP Bancorp Announces Appointments of Christine Oh as Chief Operating Officer and Jaehyun Park as Chief Financial Officer

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company for Open Bank (the “Bank”), today announces that it has appointed Christine Oh, age 57, as Executive Vice P...

7 weeks ago - Business Wire

OP Bancorp Declares Quarterly Cash Dividend of $0.12 Per Share

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that its Board of Directors declared a quarterly cash dividend o...

3 months ago - Business Wire

OP Bancorp Reports Net Income for 2024 Fourth Quarter of $5.0 Million and Diluted Earnings Per Share of $0.33

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the fourth quarter of 2024. Net income ...

3 months ago - Business Wire

OP Bancorp Announces Appointment of Yeong Gwon Pak as Chief Credit Officer

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company for Open Bank (the “Bank”), today announces that it has appointed Yeong Gwon Pak as the Executive Vice Pres...

4 months ago - Business Wire

OP Bancorp Reports Net Income for 2024 Third Quarter of $5.4 Million and Diluted Earnings Per Share of $0.36

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the third quarter of 2024. Net income r...

6 months ago - Business Wire

Split-Off of Liberty Sirius XM Holdings Approved at Liberty Media's Special Meeting of Stockholders

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Split-Off of Liberty Sirius XM Holdings Approved at Liberty Media's Special Meeting of Stockholders.

8 months ago - Business Wire

OP Bancorp Announces Leadership Succession Plans

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today announces a number of expected personnel changes associated with the succe...

8 months ago - Business Wire

OP Bancorp Reports Net Income for 2024 Second Quarter of $5.4 Million and Diluted Earnings Per Share of $0.36

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the second quarter of 2024. Net income ...

9 months ago - Business Wire

OP Bancorp Reports Net Income for 2024 First Quarter of $5.2 Million and Diluted Earnings Per Share of $0.34

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the first quarter of 2024. Net income f...

1 year ago - Business Wire

OP Bancorp Reports Net Income for 2023 Fourth Quarter of $5.2 Million and Diluted Earnings Per Share of $0.34

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the fourth quarter of 2023. Net income ...

1 year ago - Business Wire

OP Bancorp Reports Net Income for 2023 Third Quarter of $5.1 Million and Diluted Earnings Per Share of $0.33

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the third quarter of 2023. Net income f...

1 year ago - Business Wire

OP Bancorp Announces New Stock Repurchase Program

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced that on August 24, 2023, its Board of Directors approved a new stock r...

1 year ago - Business Wire

OP Bancorp Reports Net Income for 2023 Second Quarter of $6.1 Million and Diluted Earnings Per Share of $0.39

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the second quarter of 2023. Net income ...

1 year ago - Business Wire

OP Bancorp Reports Net Income for 2023 First Quarter of $7.5 Million and Diluted Earnings Per Share Of $0.48

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank, today reported its financial results for the first quarter of 2023. Net income for the first ...

2 years ago - Business Wire

OP Bancorp: Good Bank At Good Price - Closer Look At Investment Opportunities

OP Bancorp is a well-managed small community bank with a focus on the Korean-American community, with a solid track record of growing tangible book value at a CAGR of 12%. Insiders are heavily involve...

2 years ago - Seeking Alpha

OP Bancorp Reports Net Income for 2022 Fourth Quarter of $8.0 Million and Diluted Earnings Per Share of $0.51

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank, today reported its financial results for the fourth quarter of 2022. Net income for the fou...

2 years ago - Business Wire

OP Bancorp Reports Net Income for 2022 Third Quarter of $8.7 Million and Diluted Earnings Per Share of $0.55

LOS ANGELES--(BUSINESS WIRE)--OP BANCORP REPORTS NET INCOME FOR 2022 THIRD QUARTER OF $8.7 MILLION AND DILUTED EARNINGS PER SHARE OF $0.55

2 years ago - Business Wire

OP Bancorp Reports Net Income for Second Quarter 2022 of $8.5 Million and Diluted Earnings Per Share of $0.54

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank, today reported its financial results for the second quarter of 2022. Net income for the secon...

2 years ago - Business Wire

OP Bancorp: Strong Loan Growth To Drive Earnings This Year

After remarkable loan growth during the first quarter of the year, loan growth will likely decelerate but remain quite decent for the remainder of 2022. Thanks to the large balances of variable-rate l...

3 years ago - Seeking Alpha

OP Bancorp Declares Quarterly Cash Dividend of $0.10 per Share

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that its Board of Directors declared a quarterly cash dividend o...

3 years ago - Business Wire

OP Bancorp Reports Net Income for First Quarter 2022 of $8.2 Million and Diluted Earnings Per Share Of $0.53

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank, today reported its financial results for the first quarter of 2022. Net income for the first ...

3 years ago - Business Wire

Open Bancorp: Fast-Growing, Ethnic Focused Bank

Ethic focused community bank delivering 20%+ EPS growth over the past five years.

3 years ago - Seeking Alpha

CORRECTING and REPLACING OP Bancorp Declares Quarterly Cash Dividend of $0.10 per Share

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp Declares Quarterly Cash Dividend of $0.10 per Share

3 years ago - Business Wire