DA Davidson Weighs in on OP Bancorp’s FY2025 Earnings (NASDAQ:OPBK)

OP Bancorp (NASDAQ:OPBK) – DA Davidson issued their FY2025 earnings estimates for OP Bancorp in a research report issued on Monday, April 29th. DA Davidson analyst G. Tenner anticipates that the company will post earnings of $1.52 per share for the year. The consensus estimate for OP Bancorp’s current full-year earnings is $1.52 per share.

OP Bancorp Price Performance

Shares of OPBK stock opened at $9.41 on Tuesday. The firm has a market cap of $140.77 million, a P/E ratio of 6.72 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. OP Bancorp has a 1-year low of $7.50 and a 1-year high of $11.49. The firm has a fifty day moving average of $9.81 and a two-hundred day moving average of $9.81.

Institutional Trading of OP Bancorp

Institutional investors have recently added to or reduced their stakes in the business. AJOVista LLC bought a new position in OP Bancorp during the fourth quarter worth $83,000. Raymond James & Associates bought a new stake in shares of OP Bancorp in the 3rd quarter worth about $92,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of OP Bancorp by 58.1% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 27,592 shares of the company’s stock worth $252,000 after purchasing an additional 10,135 shares during the last quarter. Hilltop Holdings Inc. bought a new stake in shares of OP Bancorp in the 4th quarter worth about $274,000. Finally, Assenagon Asset Management S.A. grew its holdings in shares of OP Bancorp by 157.4% in the 3rd quarter. Assenagon Asset Management S.A. now owns 34,734 shares of the company’s stock worth $318,000 after purchasing an additional 21,240 shares during the last quarter. 53.63% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other 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 directly owns 1,298,520 shares in the company, valued at approximately $12,920,274. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 24.88% of the stock is owned by insiders.

OP Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Thursday, May 9th will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, May 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.10%. OP Bancorp’s dividend payout ratio (DPR) 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.