OP Bancorp (OPBK)

NASDAQ: OPBK · IEX Real-Time Price · USD
9.02
-0.07 (-0.77%)
At close: Mar 28, 2023, 4:00 PM
9.05
+0.03 (0.33%)
After-hours: Mar 28, 2023, 7:52 PM EDT
-0.77%
Market Cap 138.40M
Revenue (ttm) 91.55M
Net Income (ttm) 33.31M
Shares Out 15.34M
EPS (ttm) 2.14
PE Ratio 4.21
Forward PE n/a
Dividend $0.46 (5.10%)
Ex-Dividend Date Feb 8, 2023
Volume 35,072
Open 9.10
Previous Close 9.09
Day's Range 9.00 - 9.30
52-Week Range 8.92 - 14.50
Beta 0.54
Analysts Buy
Price Target 13.77 (+52.66%)
Earnings Date Apr 27, 2023

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 193
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 8 analysts, the average rating for OPBK stock is "Buy." The 12-month stock price forecast is $13.77, which is an increase of 52.66% from the latest price.

Price Target
$13.77
(52.66% upside)
Analyst Consensus: Buy
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...

2 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...

2 months 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

5 months 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

5 months ago - Business Wire

Here is Why Growth Investors Should Buy OP Bancorp (OPBK) Now

OP Bancorp (OPBK) is well positioned to outperform the market, as it exhibits above-average growth in financials.

5 months ago - Zacks Investment Research

Is OP Bancorp (OPBK) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

5 months ago - Zacks Investment Research

Looking for a Growth Stock? 3 Reasons Why OP Bancorp (OPBK) is a Solid Choice

OP Bancorp (OPBK) is well positioned to outperform the market, as it exhibits above-average growth in financials.

6 months ago - Zacks Investment Research

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...

8 months ago - Business Wire

Is OP Bancorp (OPBK) a Solid Growth Stock? 3 Reasons to Think " Yes "

OP Bancorp (OPBK) possesses solid growth attributes, which could help it handily outperform the market.

10 months ago - Zacks Investment Research

Is OP Bancorp (OPBK) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

11 months ago - Zacks Investment Research

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...

11 months 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 ...

11 months ago - Business Wire

Navigate Through Market Volatility With These 4 Low-Beta Stocks

It is imperative to build a portfolio of low-beta stocks to sail through a choppy market. Transportadora (TGS), Kroger (KR), OP Bancorp (OPBK) and Telecom Argentina (TEO) are well poised to gain.

Other symbols: KRTEOTGS
1 year ago - Zacks Investment Research

3 Top Profitable Stocks to Invest In Using Net Income Ratio

MP Materials (MP), Silvergate Capital (SI) and OP Bancorp (OPBK) have been selected as the top picks with a high net income ratio.

Other symbols: MPSI
1 year ago - Zacks Investment Research

Buy These 4 Low-Beta Stocks to Combat the Choppy Market

It is imperative to build a portfolio of low-beta stocks to sail through a choppy market. Meridian (VIVO), OP Bancorp (OPBK), ICU Medical (ICUI) and Pangaea Logistics (PANL) are well poised to gain.

Other symbols: ICUIPANL
1 year ago - Zacks Investment Research

Recent Price Trend in OP Bancorp (OPBK) is Your Friend, Here's Why

OP Bancorp (OPBK) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

1 year ago - Zacks Investment Research

4 Best Stocks With High Net Income Ratio to Grab Today

OPBK, BBW, EVRI, and FLGT qualified the screen for stocks with a high net income ratio.

Other symbols: BBWEVRIFLGT
1 year ago - Zacks Investment Research

OP Bancorp (OPBK) Is a Great Choice for "Trend" Investors, Here's Why

OP Bancorp (OPBK) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through o...

1 year ago - Zacks Investment Research

OP Bancorp (OPBK) Moves to Strong Buy: Rationale Behind the Upgrade

OP Bancorp (OPBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

1 year ago - Zacks Investment Research

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

1 year 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

1 year ago - Business Wire

OP Bancorp (OPBK) Upgraded to Strong Buy: What Does It Mean for the Stock?

OP Bancorp (OPBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

1 year ago - Zacks Investment Research

OP Bancorp (OPBK) Sees Hammer Chart Pattern: Time to Buy?

OP Bancorp (OPBK) has been struggling lately, but the selling pressure may be coming to an end soon.

1 year ago - Zacks Investment Research

OP Bancorp (OPBK) Upgraded to Strong Buy: Here's What You Should Know

OP Bancorp (OPBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

1 year ago - Zacks Investment Research

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

1 year ago - Business Wire