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OP Bancorp NasdaqGM:OPBK Stock Report

Last Price

US$9.99

Market Cap

US$149.9m

7D

-0.6%

1Y

9.5%

Updated

27 Mar, 2024

Data

Company Financials +

OPBK Stock Overview

OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California.

OPBK fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

OP Bancorp Competitors

Price History & Performance

Summary of all time highs, changes and price drops for OP Bancorp
Historical stock prices
Current Share PriceUS$9.99
52 Week HighUS$11.49
52 Week LowUS$7.50
Beta0.62
1 Month Change-3.48%
3 Month Change-9.35%
1 Year Change9.54%
3 Year Change-5.04%
5 Year Change12.50%
Change since IPO-18.45%

Recent News & Updates

OP Bancorp (NASDAQ:OPBK) Is Due To Pay A Dividend Of $0.12

Jan 29
OP Bancorp (NASDAQ:OPBK) Is Due To Pay A Dividend Of $0.12

Recent updates

OP Bancorp (NASDAQ:OPBK) Is Due To Pay A Dividend Of $0.12

Jan 29
OP Bancorp (NASDAQ:OPBK) Is Due To Pay A Dividend Of $0.12

OP Bancorp (NASDAQ:OPBK) Will Pay A Dividend Of $0.12

Aug 01
OP Bancorp (NASDAQ:OPBK) Will Pay A Dividend Of $0.12

With EPS Growth And More, OP Bancorp (NASDAQ:OPBK) Makes An Interesting Case

Mar 14
With EPS Growth And More, OP Bancorp (NASDAQ:OPBK) Makes An Interesting Case

OP Bancorp: Californian Economy, Interest Rates To Drive Earnings

Sep 30

OP Bancorp (NASDAQ:OPBK) Is Increasing Its Dividend To $0.12

Aug 02
OP Bancorp (NASDAQ:OPBK) Is Increasing Its Dividend To $0.12

OP Bancorp raises dividend by 20% to $0.12

Jul 28

OP Bancorp: Strong Loan Growth To Drive Earnings This Year

Jul 16

If You Like EPS Growth Then Check Out OP Bancorp (NASDAQ:OPBK) Before It's Too Late

Jun 14
If You Like EPS Growth Then Check Out OP Bancorp (NASDAQ:OPBK) Before It's Too Late

Open Bancorp: Fast-Growing, Ethnic Focused Bank

Feb 14

Forecast: Analysts Think OP Bancorp's (NASDAQ:OPBK) Business Prospects Have Improved Drastically

Feb 02
Forecast: Analysts Think OP Bancorp's (NASDAQ:OPBK) Business Prospects Have Improved Drastically

OP Bancorp's (NASDAQ:OPBK) Shareholders Will Receive A Bigger Dividend Than Last Year

Nov 04
OP Bancorp's (NASDAQ:OPBK) Shareholders Will Receive A Bigger Dividend Than Last Year

OP Bancorp (NASDAQ:OPBK) Is Increasing Its Dividend To US$0.10

Jul 26
OP Bancorp (NASDAQ:OPBK) Is Increasing Its Dividend To US$0.10

Increases to OP Bancorp's (NASDAQ:OPBK) CEO Compensation Might Cool off for now

Jun 19
Increases to OP Bancorp's (NASDAQ:OPBK) CEO Compensation Might Cool off for now

Shareholder Returns

OPBKUS BanksUS Market
7D-0.6%2.1%0.4%
1Y9.5%33.8%28.8%

Return vs Industry: OPBK underperformed the US Banks industry which returned 32.6% over the past year.

Return vs Market: OPBK underperformed the US Market which returned 29.5% over the past year.

Price Volatility

Is OPBK's price volatile compared to industry and market?
OPBK volatility
OPBK Average Weekly Movement3.9%
Banks Industry Average Movement4.4%
Market Average Movement6.0%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.0%

Stable Share Price: OPBK has not had significant price volatility in the past 3 months.

Volatility Over Time: OPBK's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2005221Min Kimhttps://www.myopenbank.com

OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California. It offers demand, checking, savings, money market, and time deposit accounts, as well as certificates of deposit. The company also provides commercial real estate, small business administration, commercial and industrial business, single-family residential, term, consumer, and home mortgage loans; trade financing products; and letters of credit, and SWIFT and export advice.

OP Bancorp Fundamentals Summary

How do OP Bancorp's earnings and revenue compare to its market cap?
OPBK fundamental statistics
Market capUS$149.85m
Earnings (TTM)US$23.92m
Revenue (TTM)US$81.22m

6.3x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OPBK income statement (TTM)
RevenueUS$81.22m
Cost of RevenueUS$0
Gross ProfitUS$81.22m
Other ExpensesUS$57.30m
EarningsUS$23.92m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.59
Gross Margin100.00%
Net Profit Margin29.45%
Debt/Equity Ratio54.5%

How did OPBK perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

30%

Payout Ratio
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