OP Bancorp (OPBK)
| Market Cap | 236.69M |
| Revenue (ttm) | 78.76M |
| Net Income (ttm) | 20.88M |
| Shares Out | 14.81M |
| EPS (ttm) | 1.40 |
| PE Ratio | 11.45 |
| Forward PE | 11.17 |
| Dividend | $0.48 (3.00%) |
| Ex-Dividend Date | Nov 7, 2024 |
| Volume | 35,373 |
| Open | 15.86 |
| Previous Close | 15.86 |
| Day's Range | 15.66 - 16.24 |
| 52-Week Range | 8.91 - 18.57 |
| Beta | 0.63 |
| Analysts | Hold |
| Price Target | 13.00 (-18.65%) |
| Earnings Date | Jan 23, 2025 |
About OPBK
OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California. It offers demand, checking, savings, money market, and time deposit accounts, as well as certificates of deposit. The company 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, it offers debit and credit card, online... [Read more]
Financial Performance
In 2023, OP Bancorp's revenue was $81.22 million, a decrease of -11.29% compared to the previous year's $91.55 million. Earnings were $23.44 million, a decrease of -28.11%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for OPBK stock is "Hold" and the 12-month stock price forecast is $13.0.
News
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...
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...
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...
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.
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...
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 ...
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...
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 ...
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...
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...
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 ...
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 ...
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...
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...
OP Bancorp Declares Quarterly Cash Dividend of $0.12 Per Share
LOS ANGELES--(BUSINESS WIRE)--OP BANCORP DECLARES QUARTERLY CASH DIVIDEND OF $0.12 PER SHARE
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
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...
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...
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...
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 ...
Open Bancorp: Fast-Growing, Ethnic Focused Bank
Ethic focused community bank delivering 20%+ EPS growth over the past five years.
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
OP Bancorp Reports Record Net Income for Fourth Quarter 2021 of $9.1 Million and Diluted Earnings Per Share of $0.59
LOS ANGELES--(BUSINESS WIRE)--OP Bancorp Reports Record Net Income of $9.1 Million and Diluted Earnings Per Share of $0.59 for Fourth Quarter 2021
OP Bancorp Reports Net Income for Third Quarter 2021 of $8.3 Million and Diluted Earnings Per Share of $0.54
LOS ANGELES--(BUSINESS WIRE)--OP Bancorp Reports Net Income for Third Quarter 2021 of $8.3 Million and Diluted Earnings Per Share of $0.54
OP Bancorp Reports Net Income for Second Quarter 2021 of $6.4 Million and Diluted Earnings Per Share of $0.42
LOS ANGELES--(BUSINESS WIRE)--OP Bancorp Reports Net Income for Second Quarter 2021 of $6.4 Million and Diluted Earnings Per Share of $0.42