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Op Bancorp  (NASDAQ: OPBK)
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $15.4300 $-0.03 -0.194%
Day's High: $15.479999542236328 Week Perf: 2.94 %
Day's Low: $ 15.35 30 Day Perf: -1.28 %
Volume (M): 13,056 52 Wk High: $ 16.83
Volume (M$): $ 0 52 Wk Avg: $14.19
Open: $15.45 52 Wk Low: $12.41



 Market Capitalization (Millions $) 231
 Shares Outstanding (Millions) 15
 Employees 249
 Revenues (TTM) (Millions $) 97
 Net Income (TTM) (Millions $) 29
 Cash Flow (TTM) (Millions $) -45
 Capital Exp. (TTM) (Millions $) 1

Business Description


OP Bancorp is a bank holding company that provides various financial services to individuals and businesses in the United States. It operates through a network of banking offices across Southern California. The company was established in 2005 and is headquartered in Los Angeles, California.

OP Bancorp offers a wide range of banking products and services, such as checking and savings accounts, money market accounts, certificates of deposit (CDs), loans, credit cards, and wealth management services. It serves a diverse client base comprising individuals, small and medium-sized businesses, and professionals.

The company's loan portfolio encompasses various types of loans, including commercial real estate, commercial and industrial, and small business administration loans. Its deposit products consist of personal and business checking and savings accounts, as well as CDs with varying maturities. OP Bancorp also offers online banking services, which enable customers to manage their accounts, transfer funds, and pay bills conveniently.

OP Bancorp is committed to providing a high level of customer service and aims to build long-term relationships with its clients. The company prides itself on being responsive to the needs of its customers and maintaining a strong connection with the communities it serves.

In terms of financial performance, OP Bancorp reported total assets of $1.7 billion as of December 31, 2020. The company's net interest margin was14%, and its return on average assets (ROAA) was 0.61% in the same period. Its efficiency ratio was 62.66%.

OP Bancorp is listed on the NASDAQ stock exchange under the ticker symbol "OPBK." As of August 18, 2021, its stock price was $12.94 per share. The company has a market capitalization of approximately $189 million.


   Company Address: 1000 Wilshire Blvd Los Angeles 90017 CA
   Company Phone Number: 892-9999   Stock Exchange / Ticker: NASDAQ OPBK


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
FBNC        1.75% 
FBP        1.09% 
AMH   -3%    
• View Complete Report
   



Dividend

OP Bancorp Declares Quarterly Dividend of $0.12 Per Share for Shareholders

Published Fri, Jul 26 2024 7:17 AM UTC

OP Bancorp Announces Quarterly Dividend of $0.12 Per Share for Shareholders
Los Angeles, CA - OP Bancorp (NASDAQ: OPBK), the parent company of Open Bank, has declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is set to be issued on or about August 22, 2024, to shareholders of record as of August 8, 2024.
This announcement highligh...

Dividend

OP Bancorp Announces Quarterly Dividend Increase, Poised for Growth in the Financial Sector

Published Thu, Oct 26 2023 9:00 PM UTC

OP Bancorp Declares Quarterly Cash Dividend of $0.12 per Share
LOS ANGELES - OP Bancorp (NASDAQ: OPBK), the holding company of Open Bank, announced today that its Board of Directors has declared a quarterly cash dividend of $0.12 per share of its common stock. This dividend is payable on or about November 23, 2023, to all shareholders of record as of November 9, 2023.




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 7.95
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 2.37
Price to Sales (Expected) -
Price to Book 0.97
PEG (TTM) 0.27

Financial Strength Current
Quick Ratio 37.34
Working Capital Ratio 38.9
Leverage Ratio (MRQ) 10.57
Total Debt to Equity 0.1
Interest Coverage (TTM) 1.94
Debt Coverage (TTM) 5.73

Per Share Current
Earnings (TTM) 1.94 $
Revenues (TTM) 6.5 $
Cash Flow (TTM) -
Cash 39.86 $
Book Value 15.97 $
Dividend (TTM) 0.5 $

Efficiency Current
Revenue per Employee (TTM) 390,080
Net Income per Employee (TTM) 116,281
Receivable Turnover Ratio (TTM) -
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 0.04

Profitability Ratios Current
Gross Margin (MRQ) 0 %
Operating Margin (MRQ) 0 %
Net Margin (MRQ) 30.84 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) 27.88 %

Management Effectiveness Current
Return On Assets (TTM) 1.08 %
Return On Investment (TTM) 3.06 %
Return On Equity (TTM) 12.58 %
Dividend Yield 3.63 %
Pay out Ratio (TTM) 25.75 %



Op Bancorp's Segments





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