OP Bancorp (OPBK) Expected to Announce Quarterly Earnings on Thursday

OP Bancorp (NASDAQ:OPBK) will likely be releasing its earnings data before the market opens on Thursday, January 23rd. Analysts expect OP Bancorp to post earnings of $0.36 per share and revenue of $21,600.00 billion for the quarter.

OP Bancorp (NASDAQ:OPBK) last released its quarterly earnings results on Thursday, October 24th. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.03. The business had revenue of $39.54 million during the quarter. OP Bancorp had a return on equity of 10.81% and a net margin of 14.18%. On average, analysts expect OP Bancorp to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

OP Bancorp Stock Up 1.7 %

Shares of OPBK opened at $15.96 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.00 and a quick ratio of 1.00. The stock has a market capitalization of $236.40 million, a price-to-earnings ratio of 11.40 and a beta of 0.66. OP Bancorp has a 1 year low of $8.91 and a 1 year high of $18.57. The business’s 50 day simple moving average is $16.36 and its 200-day simple moving average is $13.90.

OP Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 7th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date of this dividend was Thursday, November 7th. 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.