Origin Bancorp, Inc. operates as the holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, high net worth individuals, and retail clients in Louisiana, Texas, and Mississippi. More Details
No risks detected for OBNK from our risk checks.
Flawless balance sheet with questionable track record.
Share Price & News
How has Origin Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OBNK has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: OBNK underperformed the US Banks industry which returned -27.1% over the past year.
Return vs Market: OBNK underperformed the US Market which returned 19.9% over the past year.
Price Volatility Vs. Market
How volatile is Origin Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StOrigin Bancorp's(NASDAQ:OBNK) Share Price Is Down 36% Over The Past Year.
1 month ago | Simply Wall StHere's What Origin Bancorp, Inc.'s (NASDAQ:OBNK) Shareholder Ownership Structure Looks Like
2 months ago | Simply Wall StOrigin Bancorp, Inc. (NASDAQ:OBNK) Looks Interesting, And It's About To Pay A Dividend
Is Origin Bancorp undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: OBNK ($23.28) is trading above our estimate of fair value ($13.02)
Significantly Below Fair Value: OBNK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OBNK is poor value based on its PE Ratio (16.4x) compared to the US Banks industry average (9.9x).
PE vs Market: OBNK is good value based on its PE Ratio (16.4x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: OBNK is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: OBNK's PB Ratio (0.9x) is in line with the US Banks industry average.
How is Origin Bancorp forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OBNK's forecast earnings growth (16.2% per year) is above the savings rate (2.2%).
Earnings vs Market: OBNK's earnings (16.2% per year) are forecast to grow slower than the US market (22.1% per year).
High Growth Earnings: OBNK's earnings are forecast to grow, but not significantly.
Revenue vs Market: OBNK's revenue (0.2% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: OBNK's revenue (0.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OBNK's Return on Equity is forecast to be low in 3 years time (6.4%).
How has Origin Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OBNK has high quality earnings.
Growing Profit Margin: OBNK's current net profit margins (17.8%) are lower than last year (25.3%).
Past Earnings Growth Analysis
Earnings Trend: OBNK's earnings have grown significantly by 35.4% per year over the past 5 years.
Accelerating Growth: OBNK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OBNK had negative earnings growth (-36.1%) over the past year, making it difficult to compare to the Banks industry average (-3%).
Return on Equity
High ROE: OBNK's Return on Equity (5.4%) is considered low.
How is Origin Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: OBNK's Assets to Equity ratio (10.8x) is moderate.
Allowance for Bad Loans: OBNK has a sufficient allowance for bad loans (229%).
Low Risk Liabilities: 89% of OBNK's liabilities are made up of primarily low risk sources of funding.
Loan Level: OBNK has an appropriate level of Loans to Assets ratio (79%).
Low Risk Deposits: OBNK's Loans to Deposits ratio (98%) is appropriate.
Level of Bad Loans: OBNK has an appropriate level of bad loans (0.6%).
What is Origin Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OBNK's dividend (1.59%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: OBNK's dividend (1.59%) is low compared to the top 25% of dividend payers in the US market (4.66%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, OBNK has been paying a dividend for less than 10 years.
Growing Dividend: OBNK's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.1%), OBNK's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OBNK's dividends in 3 years are forecast to be well covered by earnings (20.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Drake Mills (58 yo)
Mr. Drake D. Mills has been Director of Origin Bank and has been its Chairman of the Board. Mr. Mills had been the Chief Executive Officer of Origin Bank since January 2003. Mr. Mills has been the Chairman ...
CEO Compensation Analysis
Compensation vs Market: Drake's total compensation ($USD1.65M) is about average for companies of similar size in the US market ($USD1.91M).
Compensation vs Earnings: Drake's compensation has been consistent with company performance over the past year.
|Senior Executive Officer & CFO||no data||US$769.82k||0.056% |
|Senior Executive Officer & Executive Risk Officer||no data||US$579.31k||0.24% |
|Investor Relations||no data||no data||no data|
|Chief Human Resource Officer||no data||no data||no data|
|Chief Community Banking Officer of Origin Bank||1.75yrs||no data||no data|
|Chief Dream Manager & Talent Development Officer of Origin Bank||1.75yrs||no data||no data|
|Corporate Secretary||no data||no data||no data|
|Chief Credit & Banking Officer of Origin Bank||no data||no data||no data|
Experienced Management: OBNK's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Independent Director||0.75yr||no data||0.011% |
|Lead Independent Director||no data||US$98.06k||0.17% |
|Independent Director||1.5yrs||US$59.69k||0.013% |
|Independent Director||4.75yrs||US$75.39k||0.059% |
|Independent Director||4.75yrs||US$69.06k||0.21% |
|Independent Director||4.75yrs||US$69.73k||0.65% |
|Independent Director||29.75yrs||US$77.39k||0.89% |
|Independent Director||8.75yrs||US$72.39k||0.10% |
|Independent Director||7.75yrs||US$88.72k||0.028% |
Experienced Board: OBNK's board of directors are considered experienced (7.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Origin Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Origin Bancorp, Inc.
- Ticker: OBNK
- Exchange: NasdaqGS
- Founded: 1912
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$547.109m
- Shares outstanding: 23.50m
- Website: https://www.origin.bank
Number of Employees
- Origin Bancorp, Inc.
- 500 South Service Road East
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OBNK||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||May 2018|
Origin Bancorp, Inc. operates as the holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, high net worth individuals, and retai ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 07:11|
|End of Day Share Price||2020/10/16 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.