OP Bancorp (NASDAQ:OPBK) Issues Earnings Results

OP Bancorp (NASDAQ:OPBK) issued its quarterly earnings data on Thursday. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.03), Zacks reports. OP Bancorp had a return on equity of 10.81% and a net margin of 14.18%.

OP Bancorp Price Performance

OPBK opened at $14.19 on Friday. OP Bancorp has a 1 year low of $8.91 and a 1 year high of $18.57. 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 company has a market capitalization of $210.15 million, a price-to-earnings ratio of 10.14 and a beta of 0.66. The firm’s fifty day moving average price is $16.27 and its two-hundred day moving average price is $14.00.

OP Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders 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 yield of 3.38%. The ex-dividend date of this dividend is Thursday, February 6th. OP Bancorp’s dividend payout ratio (DPR) is presently 34.29%.

About OP Bancorp

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.