Research Analysts Issue Forecasts for OP Bancorp Q1 Earnings

OP Bancorp (NASDAQ:OPBK) – Equities researchers at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for OP Bancorp in a research report issued on Tuesday, January 28th. DA Davidson analyst G. Tenner anticipates that the company will post earnings per share of $0.30 for the quarter. The consensus estimate for OP Bancorp’s current full-year earnings is $1.46 per share.

Separately, Keefe, Bruyette & Woods cut their price target on OP Bancorp from $19.00 to $18.00 and set a “market perform” rating for the company in a report on Monday.

OP Bancorp Trading Up 3.5 %

Shares of OP Bancorp stock opened at $13.47 on Wednesday. The business has a 50 day moving average price of $16.14 and a 200 day moving average price of $14.10. The company has a market capitalization of $199.49 million, a P/E ratio of 9.62 and a beta of 0.66. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.00 and a quick ratio of 1.00. OP Bancorp has a 1 year low of $8.91 and a 1 year high of $18.57.

OP Bancorp (NASDAQ:OPBK) last announced its earnings results on Thursday, January 23rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03). OP Bancorp had a return on equity of 10.81% and a net margin of 14.18%.

Institutional Trading of OP Bancorp

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Fourthstone LLC acquired a new stake in shares of OP Bancorp during the third quarter worth $1,448,000. Dimensional Fund Advisors LP lifted its position in OP Bancorp by 8.0% during the second quarter. Dimensional Fund Advisors LP now owns 476,934 shares of the company’s stock worth $4,573,000 after buying an additional 35,288 shares during the period. Renaissance Technologies LLC boosted its stake in OP Bancorp by 40.1% in the 2nd quarter. Renaissance Technologies LLC now owns 112,060 shares of the company’s stock worth $1,075,000 after buying an additional 32,060 shares during the last quarter. Ritholtz Wealth Management increased its stake in shares of OP Bancorp by 49.7% during the 3rd quarter. Ritholtz Wealth Management now owns 35,948 shares of the company’s stock valued at $449,000 after acquiring an additional 11,934 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of OP Bancorp by 18.2% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,467 shares of the company’s stock valued at $767,000 after acquiring an additional 9,447 shares during the last quarter. 53.63% of the stock is owned by hedge funds and other institutional investors.

OP Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Thursday, February 6th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.56%. The ex-dividend date is Thursday, February 6th. OP Bancorp’s payout ratio is 34.29%.

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.