Origin Bancorp Inc (NASDAQ:OBNK) announced a quarterly dividend on Wednesday, October 23rd, Zacks reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.093 per share on Friday, November 29th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend is Thursday, November 14th.
Shares of NASDAQ:OBNK traded up $0.13 on Tuesday, reaching $35.66. 711 shares of the company’s stock were exchanged, compared to its average volume of 43,494. The firm has a market capitalization of $834.31 million, a price-to-earnings ratio of 16.21 and a beta of 0.48. Origin Bancorp has a fifty-two week low of $30.43 and a fifty-two week high of $38.73. The business’s 50-day moving average is $33.82 and its two-hundred day moving average is $33.69. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 0.73.
Origin Bancorp (NASDAQ:OBNK) last issued its earnings results on Thursday, October 24th. The company reported $0.62 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.01. The company had revenue of $57.50 million for the quarter, compared to analysts’ expectations of $56.44 million. Origin Bancorp had a net margin of 20.11% and a return on equity of 9.47%. Analysts predict that Origin Bancorp will post 2.28 earnings per share for the current fiscal year.
About Origin Bancorp
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. It accepts noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers single and multi-family real estate, residential construction, commercial building, and consumer loans, as well as loans to small and medium-sized businesses.
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