OPBK News and Press, OP Bancorp From 10/30/22

Summary OP Bancorp's loans and deposits are growing, while margins are expanding. Asset quality metrics were mixed, but remain strong overall. Pays a 4.1% dividend yield here, and the dividend has been raised the last few years. Book value here rose 7% and the price-to-boo...

OP Bancorp press release ( NASDAQ: OPBK ): Q3 GAAP EPS of $0.55 misses by $0.02 . Revenue of $25.16M (+25.0% Y/Y) beats by $0.51M . Net interest income of $20.3 million, up $3.8 million, or 23% Provision for loan losses of $662 thousand, a $1.5 million incr...

OP Bancorp  ( NASDAQ: OPBK ) declares $0.12/share quarterly dividend , in line with previous. Forward yield 4.19% Payable Nov. 24; for shareholders of record Nov. 10; ex-div Nov. 9. See OPBK Dividend Scorecard, Yield Chart, & Dividend Growth. ...

2022 Third Quarter Highlights compared with 2021 Third Quarter: Financial Results: Net income of $8.7 million, up $400 thousand, or 5% Diluted earnings per share of $0.55, up $0.01, or 2% Net interest income of $20.3 million, up $3.8 million, or 23% Provisi...

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 of $0.12 per share of its common stock. The dividend is payable on or about November 24, 2...

Summary Loan growth will likely slow down from the first half’s level. However, strong regional markets will keep loan growth at a moderate level. The margin is moderately rate sensitive. The December 2022 target price suggests a high upside from the current market pric...

OP Bancorp press release ( NASDAQ: OPBK ): Q2 GAAP EPS of $0.54 misses by $0.02 . Revenue of $24.44M (+45.4% Y/Y) beats by $1.49M . For further details see: OP Bancorp  GAAP EPS of $0.54 misses by $0.02, revenue of $24.44M beats by $1.49M

OP Bancorp  ( NASDAQ: OPBK ) declares $0.12/share quarterly dividend , 20% increase from prior dividend of $0.10. Forward yield 4.4% Payable Aug. 25; for shareholders of record Aug. 11; ex-div Aug. 10. See OPBK Dividend Scorecard, Yield Chart, & Divide...

2022 Second Quarter Highlights compared with 2021 Second Quarter: Financial Results: Net income of $8.5 million, up $2.1 million, or 33% Diluted earnings per share of $0.54, up $0.12, or 29% Net interest income of $19.1 million, up $4.5 million, or 31% Prov...

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 of $0.12 per share of its common stock. The dividend is payable on or about August 25, 202...