OP Bancorp (OPBK)

NASDAQ: OPBK · IEX Real-Time Price · USD
9.99
-0.05 (-0.50%)
Mar 27, 2024, 4:30 PM EDT - Market closed
-0.50%
Market Cap 149.85M
Revenue (ttm) 84.38M
Net Income (ttm) 26.77M
Shares Out 15.00M
EPS (ttm) 1.72
PE Ratio 5.81
Forward PE 7.77
Dividend $0.48 (4.81%)
Ex-Dividend Date Feb 7, 2024
Volume 6,083
Open 10.02
Previous Close 10.04
Day's Range 9.94 - 10.09
52-Week Range 7.50 - 11.49
Beta 0.62
Analysts Hold
Price Target 11.00 (+10.11%)
Earnings Date Apr 25, 2024

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]

Sector Financials
IPO Date Mar 28, 2018
Employees 221
Stock Exchange NASDAQ
Ticker Symbol OPBK
Full Company Profile

Financial Performance

In 2022, OP Bancorp's revenue was $91.55 million, an increase of 19.65% compared to the previous year's $76.52 million. Earnings were $33.31 million, an increase of 15.50%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for OPBK stock is "Hold" and the 12-month stock price forecast is $11.0.

Price Target
$11.0
(10.11% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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 ...

2 months 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...

2 months 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...

5 months 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...

7 months 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 ...

8 months 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 ...

11 months ago - Business Wire

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...

1 year 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

1 year ago - Business Wire

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

1 year 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...

1 year ago - Business Wire

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...

2 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 ...

2 years ago - Business Wire

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

2 years ago - Business Wire

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

2 years ago - Business Wire

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

2 years ago - Business Wire

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

2 years ago - Business Wire

OP Bancorp Declares Quarterly Cash Dividend of $0.07 per Share

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp Declares Quarterly Cash Dividend of $0.07 per Share

3 years ago - Business Wire

OP Bancorp Reports First Quarter Result of 2021

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp Reports First Quarter Result of 2021

3 years ago - Business Wire

OP Bancorp to Acquire SBA Loan Portfolio

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp to Acquire SBA Loan Portfolio

3 years ago - Business Wire

Hana Financial to Sell its SBA Portfolio to OP Bancorp

LOS ANGELES--(BUSINESS WIRE)--Hana Small Business Lending, Inc. (“HSBL”), a wholly-owned subsidiary of Hana Financial, Inc. (“Hana Financial”), and OP Bancorp (NASDAQ:OPBK), parent company of Open Ban...

3 years ago - Business Wire

OP Bancorp Reports Fourth Quarter and Year End Results For 2020

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp Reports Fourth Quarter and Year End Results For 2020

3 years ago - Business Wire

OP Bancorp Reports Third Quarter Result of 2020

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp Reports Third Quarter Result of 2020

3 years ago - Business Wire

OP Bancorp Announces a Four-Year Extension of Chief Executive Officer’s Employment Term

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that the employment term of Ms. Min J. Kim, President and Chief ...

3 years ago - Business Wire

OP Bancorp Appoints Sang Kyo Oh Chief Credit Officer

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that Sang Kyo Oh has been appointed Executive Vice President of ...

3 years ago - Business Wire

OP Bancorp Announces Additional Stock Repurchase Program

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp Announces Additional Stock Repurchase Program

3 years ago - Business Wire