OP Bancorp Management
Management criteria checks 4/4
OP Bancorp's CEO is Min Kim, appointed in Apr 2010, has a tenure of 14.67 years. total yearly compensation is $1.15M, comprised of 49% salary and 51% bonuses, including company stock and options. directly owns 4.13% of the company’s shares, worth $9.77M. The average tenure of the management team and the board of directors is 4.2 years and 8.9 years respectively.
Key information
Min Kim
Chief executive officer
US$1.1m
Total compensation
| CEO salary percentage | 49.0% |
| CEO tenure | 14.7yrs |
| CEO ownership | 4.1% |
| Management average tenure | 4.2yrs |
| Board average tenure | 8.9yrs |
Recent management updates
Recent updates
OP Bancorp (NASDAQ:OPBK) Is Paying Out A Dividend Of $0.12
Oct 29
OP Bancorp (NASDAQ:OPBK) Is Due To Pay A Dividend Of $0.12
Jul 30OP Bancorp (NASDAQ:OPBK) Is Paying Out A Dividend Of $0.12
Apr 30OP Bancorp (NASDAQ:OPBK) Is Due To Pay A Dividend Of $0.12
Jan 29OP Bancorp (NASDAQ:OPBK) Will Pay A Dividend Of $0.12
Aug 01With EPS Growth And More, OP Bancorp (NASDAQ:OPBK) Makes An Interesting Case
Mar 14OP Bancorp: Californian Economy, Interest Rates To Drive Earnings
Sep 30OP Bancorp (NASDAQ:OPBK) Is Increasing Its Dividend To $0.12
Aug 02OP Bancorp raises dividend by 20% to $0.12
Jul 28OP Bancorp: Strong Loan Growth To Drive Earnings This Year
Jul 16If You Like EPS Growth Then Check Out OP Bancorp (NASDAQ:OPBK) Before It's Too Late
Jun 14Open Bancorp: Fast-Growing, Ethnic Focused Bank
Feb 14Forecast: Analysts Think OP Bancorp's (NASDAQ:OPBK) Business Prospects Have Improved Drastically
Feb 02OP Bancorp's (NASDAQ:OPBK) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 04OP Bancorp (NASDAQ:OPBK) Is Increasing Its Dividend To US$0.10
Jul 26CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$21m |
| Jun 30 2024 | n/a | n/a | US$21m |
| Mar 31 2024 | n/a | n/a | US$21m |
| Dec 31 2023 | US$1m | US$562k | US$23m |
| Sep 30 2023 | n/a | n/a | US$26m |
| Jun 30 2023 | n/a | n/a | US$30m |
| Mar 31 2023 | n/a | n/a | US$32m |
| Dec 31 2022 | US$1m | US$510k | US$33m |
| Sep 30 2022 | n/a | n/a | US$34m |
| Jun 30 2022 | n/a | n/a | US$33m |
| Mar 31 2022 | n/a | n/a | US$31m |
| Dec 31 2021 | US$2m | US$525k | US$29m |
| Sep 30 2021 | n/a | n/a | US$23m |
| Jun 30 2021 | n/a | n/a | US$19m |
| Mar 31 2021 | n/a | n/a | US$15m |
| Dec 31 2020 | US$1m | US$494k | US$13m |
| Sep 30 2020 | n/a | n/a | US$13m |
| Jun 30 2020 | n/a | n/a | US$14m |
| Mar 31 2020 | n/a | n/a | US$15m |
| Dec 31 2019 | US$984k | US$487k | US$16m |
| Sep 30 2019 | n/a | n/a | US$16m |
| Jun 30 2019 | n/a | n/a | US$15m |
| Mar 31 2019 | n/a | n/a | US$15m |
| Dec 31 2018 | US$952k | US$453k | US$14m |
| Sep 30 2018 | n/a | n/a | US$12m |
| Jun 30 2018 | n/a | n/a | US$11m |
| Mar 31 2018 | n/a | n/a | US$10m |
| Dec 31 2017 | US$1m | US$390k | US$9m |
Compensation vs Market: Min's total compensation ($USD1.15M) is about average for companies of similar size in the US market ($USD1.41M).
Compensation vs Earnings: Min's compensation has been consistent with company performance over the past year.
CEO
Min Kim (64 yo)
14.7yrs
Tenure
US$1,147,263
Compensation
Ms. Min Jung Kim has been the Chief Executive Officer, President and Director of OP Bancorp since April 2010. She has been Chief Executive Officer, President and Director of Open Bank since April 1, 2010....
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.7yrs | US$1.15m | 4.13% $ 9.8m | |
| Executive VP | 8.8yrs | US$556.23k | 0.88% $ 2.1m | |
| Executive VP & Chief Credit Officer | 4.2yrs | US$391.60k | 0.18% $ 431.5k | |
| Executive Vice President and Chief SBA Officer of Open Bank | 2.8yrs | no data | no data | |
| Executive VP & Chief Lending Officer of Open Bank | 11.2yrs | no data | 0.30% $ 705.3k | |
| Executive VP & Chief Banking Officer of Open Bank | 4.2yrs | US$359.49k | 0.18% $ 417.3k | |
| Executive VP & Chief Risk Officer - Open Bank | 2.5yrs | no data | 0.035% $ 82.2k |
4.2yrs
Average Tenure
57yo
Average Age
Experienced Management: OPBK's management team is considered experienced (4.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 14.7yrs | US$1.15m | 4.13% $ 9.8m | |
| Independent Director | 8.9yrs | US$90.00k | 3.34% $ 7.9m | |
| Independent Director | 8.9yrs | US$90.00k | 1.63% $ 3.9m | |
| Independent Chairman of the Board | 8.9yrs | US$126.00k | 8.8% $ 20.8m | |
| Independent Director | 1.9yrs | US$65.00k | 0.024% $ 57.5k | |
| Independent Director | 1.5yrs | US$65.00k | 0.024% $ 57.5k | |
| Director | less than a year | no data | 0.14% $ 326.0k |
8.9yrs
Average Tenure
64yo
Average Age
Experienced Board: OPBK's board of directors are considered experienced (8.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 03:36 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
OP Bancorp is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gary Tenner | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |
| Christopher McGratty | Keefe, Bruyette, & Woods |