Q1 Earnings Estimate for OP Bancorp Issued By DA Davidson

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

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

Separately, Keefe, Bruyette & Woods dropped their price target on shares of OP Bancorp from $19.00 to $18.00 and set a “market perform” rating on the stock in a research note on Monday.

OP Bancorp Trading Up 3.5 %

OPBK opened at $13.47 on Wednesday. The firm’s 50 day moving average is $16.14 and its 200-day moving average is $14.10. OP Bancorp has a 52-week low of $8.91 and a 52-week high of $18.57. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $199.49 million, a P/E ratio of 9.62 and a beta of 0.66.

Institutional Trading of OP Bancorp

A number of hedge funds have recently made changes to their positions in OPBK. Fourthstone LLC acquired a new stake in OP Bancorp in the third quarter valued at $1,448,000. Dimensional Fund Advisors LP raised its stake in shares of OP Bancorp by 8.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 476,934 shares of the company’s stock valued at $4,573,000 after purchasing an additional 35,288 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of OP Bancorp by 40.1% during the second quarter. Renaissance Technologies LLC now owns 112,060 shares of the company’s stock worth $1,075,000 after purchasing an additional 32,060 shares during the last quarter. Ritholtz Wealth Management grew its stake in OP Bancorp by 49.7% in the third quarter. Ritholtz Wealth Management now owns 35,948 shares of the company’s stock worth $449,000 after purchasing an additional 11,934 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its holdings in OP Bancorp by 18.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 61,467 shares of the company’s stock valued at $767,000 after buying an additional 9,447 shares during the last quarter. Institutional investors and hedge funds own 53.63% of the company’s stock.

OP Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis 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.