Origin Bancorp, Inc.

NYSE:OBK Stock Report

Market Cap: US$1.6b

Origin Bancorp Management

Management criteria checks 4/4

Origin Bancorp's CEO is Drake Mills, appointed in Jan 1998, has a tenure of 28.5 years. total yearly compensation is $2.64M, comprised of 31.6% salary and 68.4% bonuses, including company stock and options. directly owns 0.81% of the company’s shares, worth $12.79M. The average tenure of the management team and the board of directors is 7.1 years and 8.4 years respectively.

Key information

Drake Mills

Chief executive officer

US$2.6m

Total compensation

CEO salary percentage31.65%
CEO tenure28.5yrs
CEO ownership0.8%
Management average tenure7.1yrs
Board average tenure8.4yrs

Recent management updates

Recent updates

Narrative Update Jun 18

OBK: Future P/E Discipline And Buybacks Will Support Fairly Valued Repricing

Analysts have raised their price target on Origin Bancorp stock to $52. The updated view reflects adjustments to their fair value, discount rate, revenue growth, profit margin and future P/E assumptions following recent research updates from Keefe Bruyette and Stephens.
Narrative Update Jun 02

OBK: Future P/E Discipline And Buybacks Will Support Balanced Repricing

Analysts have lifted their Origin Bancorp price target by a mid single digit amount, with recent $4 and $5 target increases cited as support for a refined view on fair value and future P/E assumptions. Analyst Commentary Recent Street updates around Origin Bancorp focus on refreshed views of fair value and P/E assumptions, with the $4 and $5 price target changes used as anchors for updated models rather than dramatic shifts in thesis.
Narrative Update May 13

OBK: Future Credit Discipline And Buybacks Will Support Balanced Repricing

Analysts have nudged their fair value estimate for Origin Bancorp stock from $51.20 to $52.00, citing recent price target increases of $4 and $5 at major research houses as support for the updated view. Analyst Commentary Recent Street research on Origin Bancorp points to a modestly higher fair value view, supported by price targets that are now set US$4 and US$5 above prior levels at two firms.
Narrative Update Apr 27

OBK: Future Earnings Efficiency And Credit Discipline Will Support Balanced Repricing

Origin Bancorp's updated analyst price target has moved to $51.20 from $48.20. This reflects analysts' refreshed views on revenue growth, profit margins, and future P/E assumptions following recent research updates from several firms.
Narrative Update Apr 13

OBK: Future Earnings Efficiency And Buybacks Will Support A Balanced P/E Repricing

Analysts have raised their price targets on Origin Bancorp by $5 and $7, citing updated expectations for revenue growth, profit margins, and a slightly lower forward P/E assumption that keeps the fair value estimate around $48.20. Analyst Commentary Recent research updates frame the higher price targets as a reflection of revised expectations for Origin Bancorp's revenue, profitability, and valuation multiples, while still anchoring around a fair value estimate of about US$48.20.
Narrative Update Mar 29

OBK: Higher Earnings Visibility And Buybacks Will Support A Repriced Future P/E

Origin Bancorp's analyst price target has increased by a combined $12, as analysts point to updated views on fair value, discount rate, revenue growth, profit margin and future P/E assumptions to support the change. Analyst Commentary Recent research updates around Origin Bancorp focus on how the new price targets line up with changing views on earnings power, profitability and the appropriate P/E multiple for the stock.
Narrative Update Mar 15

OBK: Higher Earnings Visibility And Buybacks Will Support A Richer Future P/E

Origin Bancorp's analyst price targets have moved higher, with recent Street research pointing to increases of $5 and $7 as analysts factor in updated assumptions for growth, profitability, and future P/E expectations. Analyst Commentary Bullish analysts are lifting their price targets by US$5 and US$7 as they refresh their models for Origin Bancorp, tying those moves to updated views on growth, profitability, and the level of P/E they are comfortable paying for the stock.
Narrative Update Mar 01

OBK: Higher Earnings Power Will Support A Richer Future P/E Multiple

Analysts have lifted their average price target on Origin Bancorp by a mid single digit amount, reflecting recent $5 and $7 target increases that they link to their updated views on the bank's earnings power and valuation. Analyst Commentary Recent research commentary around Origin Bancorp focuses on how updated earnings assumptions and valuation frameworks line up with the higher price targets.
Narrative Update Feb 14

OBK: Fair Outlook Will Balance Higher P/E Assumptions With Credit And Buyback Risks

Analysts have raised their Origin Bancorp price target by $1.00 to $48.20, citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E, following recent Street research updates from firms that increased their targets by $5 and $7. Analyst Commentary Bullish Takeaways Bullish analysts point to updated fair value work that supports a higher price target for Origin Bancorp, framing the recent US$5 and US$7 target moves as consistent with the new US$48.20 level.
Analysis Article Feb 01

Origin Bancorp (NYSE:OBK) Is Due To Pay A Dividend Of $0.15

Origin Bancorp, Inc.'s ( NYSE:OBK ) investors are due to receive a payment of $0.15 per share on 27th of February. This...
Narrative Update Jan 31

OBK: Fair Outlook Will Balance Higher P/E Assumptions With Credit And Buyback Risks

Analysts have raised their price target on Origin Bancorp from US$44.00 to about US$47.20. The change reflects updated views on fair value, discount rates, growth assumptions and future P/E multiples in recent research.
Seeking Alpha Dec 18

Origin Bancorp: You Need To Look Through The Bad Q3 Results

Summary Origin Bancorp faced a one-off earnings setback in Q3 due to a full provision on a bankrupt borrower. Despite the loss, OBK's tangible book value per share remains robust at nearly $34, trading just above 1.1x TBV. I expect earnings recovery, with EPS projected to exceed $3.60 in 2026 and tangible book value to approach $40 by 2027. OBK's conservative loan provisioning and real estate-backed portfolio support a stable outlook, with modest dividend growth anticipated. Read the full article on Seeking Alpha
Analysis Article Jul 27

Origin Bancorp's (NYSE:OBK) Dividend Will Be $0.15

Origin Bancorp, Inc. ( NYSE:OBK ) will pay a dividend of $0.15 on the 29th of August. Including this payment, the...
Analysis Article Apr 29

Origin Bancorp (NYSE:OBK) Is Paying Out A Dividend Of $0.15

Origin Bancorp, Inc. ( NYSE:OBK ) has announced that it will pay a dividend of $0.15 per share on the 30th of May. The...
Analysis Article Oct 29

Origin Bancorp (NYSE:OBK) Will Pay A Dividend Of $0.15

The board of Origin Bancorp, Inc. ( NYSE:OBK ) has announced that it will pay a dividend of $0.15 per share on the 29th...
Analysis Article Oct 26

Origin Bancorp, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Origin Bancorp, Inc. ( NYSE:OBK ) shareholders are probably feeling a little disappointed, since its shares fell 4.2...
User avatar
New Narrative Sep 24

Critical Southeast Expansion And Tech Investments Set To Boost Bank's Market Share And Profitability

Expansion in new Southeast markets and strategic focus on improving loan quality through conservative credit practices are expected to positively influence revenue and margins.
Analysis Article Oct 29

Origin Bancorp (NYSE:OBK) Is Paying Out A Dividend Of $0.15

The board of Origin Bancorp, Inc. ( NYSE:OBK ) has announced that it will pay a dividend on the 30th of November, with...

CEO Compensation Analysis

How has Drake Mills's remuneration changed compared to Origin Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$80m

Dec 31 2025US$3mUS$836k

US$75m

Sep 30 2025n/an/a

US$60m

Jun 30 2025n/an/a

US$70m

Mar 31 2025n/an/a

US$76m

Dec 31 2024US$3mUS$836k

US$76m

Sep 30 2024n/an/a

US$76m

Jun 30 2024n/an/a

US$81m

Mar 31 2024n/an/a

US$82m

Dec 31 2023US$2mUS$836k

US$84m

Sep 30 2023n/an/a

US$100m

Jun 30 2023n/an/a

US$92m

Mar 31 2023n/an/a

US$91m

Dec 31 2022US$10mUS$836k

US$88m

Sep 30 2022n/an/a

US$87m

Jun 30 2022n/an/a

US$97m

Mar 31 2022n/an/a

US$104m

Dec 31 2021US$2mUS$836k

US$109m

Sep 30 2021n/an/a

US$98m

Jun 30 2021n/an/a

US$84m

Mar 31 2021n/an/a

US$61m

Dec 31 2020US$2mUS$836k

US$36m

Sep 30 2020n/an/a

US$32m

Jun 30 2020n/an/a

US$33m

Mar 31 2020n/an/a

US$40m

Dec 31 2019US$2mUS$836k

US$54m

Compensation vs Market: Drake's total compensation ($USD2.64M) is below average for companies of similar size in the US market ($USD5.14M).

Compensation vs Earnings: Drake's compensation has been consistent with company performance over the past year.


CEO

Drake Mills (65 yo)

28.5yrs
Tenure
US$2,640,828
Compensation

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...


Leadership Team

NamePositionTenureCompensationOwnership
Drake Mills
Chairman28.5yrsUS$2.64m0.81%
$ 12.8m
William Wallace
CFO & Senior Executive Officer4yrsUS$902.26k0.065%
$ 1.0m
Derek McGee
Senior Executive Officer & Chief Legal Counselno dataUS$1.01m0.071%
$ 1.1m
Preston Moore
Chief Credit & Banking Officer and Senior Executive Officer6.8yrsUS$888.29k0.24%
$ 3.8m
Martin Hall
President & CEO of Origin Bank8yrsUS$1.32m0.22%
$ 3.5m
Debbie Williamson
Chief Operations Officerno datano datano data
Stephen Brolly
Senior Executive Officer & Chief Accounting Officer3.9yrsUS$1.10m0.10%
$ 1.6m
Brad Waldhoff
Chief Technology and Innovation Officerless than a yearno datano data
Chris Reigelman
Investor Relationsno datano datano data
Ashlea Price
Executive VP & Chief Human Resources Officerno datano datano data
Russell Chase
Chief Community Banking Officer of Origin Bank7.5yrsno datano data
Lonnie Scarborough
Chief Dream Manager & Talent Development Officer of Origin Bank7.5yrsno datano data
7.1yrs
Average Tenure
63yo
Average Age

Experienced Management: OBK's management team is seasoned and experienced (7.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Drake Mills
Chairman14.5yrsUS$2.64m0.81%
$ 12.8m
Stacey Goff
Independent Director6.5yrsUS$105.77k0.032%
$ 509.3k
James D'Agostino
Lead Independent Director13.5yrsUS$137.52k0.16%
$ 2.5m
Cecil Jones
Independent Director1.8yrsUS$111.02k0.045%
$ 716.5k
James Davison
Independent Director27.5yrsUS$106.02k2.18%
$ 34.7m
Richard Gallot
Independent Director7.3yrsUS$98.02k0.035%
$ 552.8k
Gary Luffey
Independent Director9.5yrsUS$103.02k0.52%
$ 8.3m
Michael Jones
Independent Director35.5yrsUS$114.02k0.68%
$ 10.8m
Andrea Edney
Independent Director5.3yrsUS$105.27k0.025%
$ 392.0k
Meryl Farr
Independent Director5.3yrsUS$98.02k0.025%
$ 392.0k
8.4yrs
Average Tenure
62.5yo
Average Age

Experienced Board: OBK's board of directors are considered experienced (8.4 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 21:49
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Origin Bancorp, Inc. is covered by 8 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary TennerD.A. Davidson & Co.
null nullD.A. Davidson & Co.
Christopher McGrattyKeefe, Bruyette, & Woods