OBNK - Origin Bancorp Non-GAAP EPS of $0.78 misses by $0.13 revenue of $93.53M misses by $3.96M
2023-04-26 16:26:11 ET
- Origin Bancorp press release ( NASDAQ: OBNK ): Q1 Non-GAAP EPS of $0.78 misses by $0.13 .
- Revenue of $93.53M (+36.7% Y/Y) misses by $3.96M .
- Total deposits at March 31, 2023, were $8.17 billion, an increase of $398.6 million, or 5.1%, compared to the linked quarter, and represented an increase of $1.41 billion, or 20.8%, from March 31, 2022.
- Total securities at March 31, 2023, were $1.61 billion, a decrease of $50.2 million, or 3.0%, compared to the linked quarter and a decrease of $308.6 million, or 16.1%, compared to March 31, 2022.
- Total assets exceeded $10.00 billion at March 31, 2023, primarily due to the additional temporary cash added in March 2023, as noted above.
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Origin Bancorp Non-GAAP EPS of $0.78 misses by $0.13, revenue of $93.53M misses by $3.96M