OP Bancorp to Post FY2025 Earnings of $1.52 Per Share, DA Davidson Forecasts (NASDAQ:OPBK)

OP Bancorp (NASDAQ:OPBK) – DA Davidson issued their FY2025 earnings estimates for shares of OP Bancorp in a research note 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 Trading Down 0.8 %

Shares of OPBK stock opened at $9.27 on Tuesday. The company has a market capitalization of $138.60 million, a PE ratio of 6.62 and a beta of 0.62. OP Bancorp has a 52-week low of $7.50 and a 52-week high of $11.49. The business’s fifty day moving average is $9.85 and its 200 day moving average is $9.81. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.01 and a current ratio of 1.01.

OP Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 23rd. Stockholders 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 5.18%. OP Bancorp’s dividend payout ratio (DPR) is presently 34.29%.

Insider Activity

In related news, Director Brian Choi bought 4,914 shares of the stock in a transaction that occurred on 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 purchase, the director now directly owns 1,298,520 shares of the company’s stock, valued at approximately $12,920,274. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 24.88% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in OPBK. AJOVista LLC bought a new position in OP Bancorp during the fourth quarter valued at approximately $83,000. Raymond James & Associates purchased a new position in OP Bancorp in the 3rd quarter worth $92,000. Connor Clark & Lunn Investment Management Ltd. lifted its stake in OP Bancorp by 58.1% in the third 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. O Shaughnessy Asset Management LLC boosted its position in OP Bancorp by 76.8% during the third quarter. O Shaughnessy Asset Management LLC now owns 34,942 shares of the company’s stock valued at $320,000 after buying an additional 15,176 shares during the period. Finally, Assenagon Asset Management S.A. boosted its position in OP Bancorp by 157.4% during the third quarter. Assenagon Asset Management S.A. now owns 34,734 shares of the company’s stock valued at $318,000 after buying an additional 21,240 shares during the period. Institutional investors own 53.63% of the company’s stock.

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.