OP Bancorp (OPBK) to Release Earnings on Thursday

OP Bancorp (NASDAQ:OPBK) is scheduled to be releasing its earnings data on Thursday, April 25th.

OP Bancorp (NASDAQ:OPBK) last released its quarterly earnings data on Thursday, January 25th. The company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.37 by ($0.03). OP Bancorp had a net margin of 17.61% and a return on equity of 12.85%. The company had revenue of $19.91 million during the quarter.

OP Bancorp Trading Up 0.1 %

NASDAQ:OPBK opened at $9.33 on Wednesday. OP Bancorp has a 12 month low of $7.50 and a 12 month high of $11.49. The firm has a market capitalization of $139.58 million, a PE ratio of 6.06 and a beta of 0.62. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.01 and a quick ratio of 1.01. The business’s 50-day moving average is $9.91 and its two-hundred day moving average is $9.80.

OP Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 22nd. Stockholders of record on Thursday, February 8th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date of this dividend was Wednesday, February 7th. OP Bancorp’s payout ratio is 31.17%.

Insider Transactions at OP Bancorp

In other OP Bancorp news, Director Brian Choi bought 4,914 shares of the company’s stock in a transaction dated Tuesday, February 6th. The shares were acquired at an average cost of $9.95 per share, with a total value of $48,894.30. Following the completion of the transaction, the director now owns 1,298,520 shares in the company, valued at $12,920,274. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 24.88% of the company’s stock.

OP Bancorp Company Profile

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.