DA Davidson Issues Positive Forecast for OP Bancorp Earnings

OP Bancorp (NASDAQ:OPBK) – Analysts at DA Davidson increased their FY2025 earnings per share estimates for OP Bancorp in a research report issued to clients and investors on Thursday, December 19th. DA Davidson analyst G. Tenner now expects that the company will post earnings per share of $1.51 for the year, up from their previous estimate of $1.48. The consensus estimate for OP Bancorp’s current full-year earnings is $1.46 per share.

Separately, Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $13.00 price target on shares of OP Bancorp in a research report on Monday, August 26th.

OP Bancorp Price Performance

Shares of NASDAQ OPBK opened at $15.98 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37. The stock has a market cap of $236.70 million, a P/E ratio of 11.41 and a beta of 0.64. The stock has a 50 day moving average of $15.88 and a two-hundred day moving average of $12.97. OP Bancorp has a twelve month low of $8.91 and a twelve month high of $18.57.

OP Bancorp (NASDAQ:OPBK) last announced its earnings results on Thursday, October 24th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.03. The firm 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%.

OP Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, November 21st. Investors of record on Thursday, November 7th were given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend was Thursday, November 7th. OP Bancorp’s dividend payout ratio (DPR) is presently 34.29%.

Institutional Trading of OP Bancorp

Hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC purchased a new stake in shares of OP Bancorp during the third quarter worth approximately $58,000. Geode Capital Management LLC grew its position in OP Bancorp by 2.6% in the 3rd quarter. Geode Capital Management LLC now owns 118,203 shares of the company’s stock valued at $1,476,000 after buying an additional 2,948 shares during the last quarter. Fourthstone LLC acquired a new position in OP Bancorp in the 3rd quarter valued at $1,448,000. Connor Clark & Lunn Investment Management Ltd. raised its position in 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 worth $767,000 after buying an additional 9,447 shares during the last quarter. Finally, Empowered Funds LLC lifted its stake in shares of OP Bancorp by 5.3% in the 3rd quarter. Empowered Funds LLC now owns 50,314 shares of the company’s stock worth $628,000 after acquiring an additional 2,546 shares during the period. 53.63% of the stock is owned by institutional investors and hedge funds.

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.