OPBK
OP Bancorp
Set alert
- YTD
- +6.80%
- 1 year
- +12.62%
- Open
- 15.15
- Prev close
- 15.44
- Mkt cap
- 225.18M
- Vol
- 19.88K
- Avg vol
- 45.89K
- EPS
- 2.01
- P/E
- 7.50
- Div yield
- 3.00%
More statistics
- Low
- 15.08
- High
- 15.30
- Forward P/E
- 10.59
- Beta
- 0.59
- Short ratio
- 1.03
- Inst. own
- 57.04%
- Dividend
- 0.48
- Ex-div date
- Nov 6, 2024
- Earnings
- Jan 23, 2025
- 50-d avg
- 15.79
- 200-d avg
- 12.01
- 1y target
- 17.75
Key statistics
- Market cap
- 233.73M
- Enterprise value
- 153.35M
- Trailing P/E
- 11.27
- Forward P/E
- 10.59
- PEG ratio
- 0.00
- Price / sales
- 2.97
- Price / book
- 1.15
- EPS (TTM)
- 1.40
- Beta
- 0.59
- Dividend yield
- 3.00%
- Payout ratio
- 34.29%
- Profit margin
- 27.01%
- Revenue (TTM)
- 78.76M
- Revenue growth
- 9.40%
- Free cash flow
- 0
- Total cash
- 166.76M
- Total debt
- 83.42M
- Return on equity
- 10.97%
- Shares outstanding
- 14.81M
- Short % of float
- 0.32%
- 50-day average
- 15.79
- 200-day average
- 12.01
Analyst view
Consensus: none
- Target (low)
- 16.50
- Target (mean)
- 17.75
- Target (high)
- 19.00
- Strong buy0
- Buy1
- Hold1
- Sell0
- Strong sell0
Next earnings
Jan 23, 2025
Expected Jan 23, 2025. Consensus EPS estimate 0.36.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Jan 23, 2025 | Dec 1, 2024 | 0.38 | — | — | — |
| Oct 24, 2024 | Sep 1, 2024 | 0.33 | 0.36 | +0.03 | +9.09% |
| Jul 25, 2024 | Jun 1, 2024 | 0.00 | 0.36 | — | — |
| Jul 25, 2024 | Jun 1, 2024 | 0.00 | — | — | — |
| Apr 25, 2024 | Mar 1, 2024 | 0.28 | — | — | — |
| Apr 25, 2024 | Mar 1, 2024 | 0.28 | 0.34 | +0.06 | +21.43% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 26, 2024 | Keefe, Bruyette & Woods | main | Market Perform | Market Perform |
| Jul 29, 2024 | Keefe, Bruyette & Woods | main | Market Perform | Market Perform |
| May 1, 2023 | Keefe, Bruyette & Woods | main | — | Market Perform |
| Jun 3, 2022 | Keefe, Bruyette & Woods | down | Outperform | Market Perform |
| Feb 8, 2021 | Keefe, Bruyette & Woods | up | Market Perform | Outperform |
| Apr 29, 2019 | DA Davidson | up | Neutral | Buy |
About OP Bancorp
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 transfer and bill payment, electronic delivery of customer statements, and mobile banking solutions for iPhone and Android phones, including remote check deposit with mobile bill pay; direct deposits, cashier's checks, person to person payments, wire transfers, and automated clearing house (ACH) services; and cash management services, including balance reporting, transfers between accounts, wire transfer initiation, ACH origination, and stop payment services, as well as remote deposit capture, positive pay, zero balance accounts, and sweep accounts. The company operates full branch offices in Downtown Los Angeles, Los Angeles Fashion District, Los Angeles Koreatown, Gardena, Buena Park, and Santa Clara in California; and Carrollton, Texas; and operates loan production offices in Pleasanton, California; Atlanta, Georgia; Aurora, Colorado; and Lynnwood in Washington. The company was founded in 2005 and is headquartered in Los Angeles, California.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Country
- United States
- Website
- myopenbank.com
News
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BANG IHNSUK JIMMY | Officer | Conversion of Exercise of derivative security | Jun 23, 2024 | 26,115 |
| CHOI BRIAN J | Director | Conversion of Exercise of derivative security | Jun 26, 2024 | 1,303,560 |
| DOW ERNEST EUNSUK | Director | Conversion of Exercise of derivative security | Jun 26, 2024 | 251,114 |
| JUNG SOO HUN | Director | Conversion of Exercise of derivative security | Jun 26, 2024 | 241,988 |
| KIM HYUNG J | Director | Conversion of Exercise of derivative security | Jun 26, 2024 | 3,601 |
| KIM MIN J | Chief Executive Officer | Conversion of Exercise of derivative security | Jun 23, 2024 | 611,425 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Alliancebernstein L.P. | 5.08% | 796,741 | 12.57M | Sep 29, 2024 |
| Diversify Advisory Services, LLC | 4.70% | 736,600 | 11.62M | Sep 29, 2024 |
| Vanguard Group Inc | 4.03% | 632,533 | 9.98M | Sep 29, 2024 |
| Manufacturers Life Insurance Co. | 3.78% | 593,606 | 9.37M | Sep 29, 2024 |
| Dimensional Fund Advisors LP | 3.16% | 496,193 | 7.83M | Sep 29, 2024 |
| Rhino Investment Partners, Inc. | 3.04% | 476,625 | 7.52M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 2.73% | 427,662 | 6.75M | Sep 29, 2024 |
| John Hancock Regional Bank Fund (Investors Tr) | 2.29% | 358,581 | 5.66M | Oct 30, 2024 |
| Vanguard Extended Market Index Fund | 1.19% | 187,294 | 2.96M | Sep 29, 2024 |
| John Hancock Financial Opportunities Fund | 1.09% | 170,717 | 2.69M | Oct 30, 2024 |
| DFA U.S. Small Cap Value Series | 0.81% | 127,427 | 2.01M | Jul 30, 2024 |
| Bridgeway Fds Inc-Omni Small Cap Value Fund | 0.59% | 91,900 | 1.45M | Sep 29, 2024 |