OPBK Stock Price, OP Bancorp Quote, Chart

Market Summary

USD10.08+0.06

Delayed

0.60%

OPBK Stock Price

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OPBK RSI Chart

OPBK Valuation

Market Cap

150.8M

Price/Earnings (Trailing)

6.98

Price/Sales (Trailing)

1.2

EV/EBITDA

0.12

Price/Free Cashflow

8.2

OPBK Price/Sales (Trailing)

OPBK Profitability

EBT Margin

23.92%

Return on Equity

11.1%

Return on Assets

0.97%

Free Cashflow Yield

12.2%

OPBK Fundamentals

OPBK Revenue

Revenue (TTM)

126.0M

Rev. Growth (Yr)

15.1%

Rev. Growth (Qtr)

3.56%

OPBK Earnings

Earnings (TTM)

21.6M

Earnings Growth (Yr)

-30.63%

Earnings Growth (Qtr)

1.04%

Breaking Down OPBK Revenue

Last 7 days

1.9%

Last 30 days

12.3%

Last 90 days

-0.9%

Trailing 12 Months

24.6%

How does OPBK drawdown profile look like?

OPBK Financial Health

OPBK Investor Care

Dividend Yield

4.76%

Dividend/Share (TTM)

0.48

Buy Backs (1Y)

1.42%

Diluted EPS (TTM)

1.41

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	126.0M	0	0	0
2023	98.9M	108.8M	116.8M	121.7M
2022	68.5M	73.3M	79.1M	88.2M
2021	52.9M	55.4M	59.7M	64.2M
2020	59.0M	57.1M	55.0M	53.7M
2019	53.0M	55.8M	57.9M	58.8M
2018	42.3M	44.7M	47.3M	50.1M
2017	33.8M	36.0M	38.1M	40.3M
2016	0	0	0	31.7M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of OP Bancorp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	kim min	acquired	480,000	8.00	60,000	chief executive officer
Apr 01, 2024	kim min	sold (taxes)	-319,998	10.4	-30,769	chief executive officer
Feb 06, 2024	choi brian	bought	48,888	9.9488	4,914	-
Dec 20, 2023	yoon ki won	acquired	-	-	137	chief lending officer
Sep 15, 2023	yoon ki won	acquired	128,000	6.4	20,000	chief lending officer
Jun 26, 2023	kim min	sold (taxes)	-62,037	8.38	-7,403	chief executive officer
Jun 26, 2023	kim min	acquired	-	-	21,406	chief executive officer
Jun 26, 2023	oh sang kyo	acquired	-	-	9,000	chief credit officer
Jun 26, 2023	bang ihnsuk jimmy	acquired	-	-	9,000	chief banking officer
Jun 22, 2023	jung soo hun	acquired	-	-	2,919	-

Which funds bought or sold OPBK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	unchanged	-	-115	1,188	-%
May 16, 2024	JANE STREET GROUP, LLC	added	176	478,910	793,679	-%
May 16, 2024	Ancora Advisors LLC	added	1.2	-95,613	1,135,820	0.03%
May 15, 2024	CITADEL ADVISORS LLC	sold off	-100	-111,636	-	-%
May 15, 2024	STATE STREET CORP	unchanged	-	-37,007	380,757	-%
May 15, 2024	WELLINGTON MANAGEMENT GROUP LLP	reduced	-0.95	-76,853	713,430	-%
May 15, 2024	MORGAN STANLEY	reduced	-7.4	-76,352	412,924	-%
May 15, 2024	FIRST MANHATTAN CO. LLC.	unchanged	-	-26,675	274,450	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-45.31	-265,920	264,290	-%
May 15, 2024	BARCLAYS PLC	sold off	-100	-24,000	-	-%

Are Funds Buying or Selling OPBK?

Are funds buying OPBK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own OPBK

No. of Funds

Unveiling OP Bancorp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	alliancebernstein l.p.	5.4%	807,646	SC 13G/A
Feb 09, 2024	choi brian	8.62%	1,293,606	SC 13G/A
Mar 14, 2023	choi brian	7.98%	1,218,795	SC 13G
Feb 14, 2023	alliancebernstein l.p.	5.6%	846,677	SC 13G
Feb 14, 2023	ejf capital llc	0.2%	32,565	SC 13G/A
Feb 16, 2022	manulife financial corp	5.87%	-	SC 13G/A
Feb 11, 2022	op bancorp	6.36%	962,800	SC 13G
Jul 12, 2021	blackrock inc.	0.9%	130,785	SC 13G/A
Apr 28, 2021	choi brian	6.33%	950,000	SC 13G
Feb 03, 2021	manulife financial corp	5.51%	-	SC 13G

Recent SEC filings of OP Bancorp

View All Filings

Date Filed	Form Type	Document
May 16, 2024	DEF 14A	DEF 14A
May 15, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 03, 2024	4	Insider Trading
Mar 29, 2024	10-K	Annual Report
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 09, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to OP Bancorp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

OP Bancorp News

Latest updates

OP Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	3.6%	33.00	32.00	31.00	30.00	29.00	27.00	23.00	20.00	18.00	18.00	17.00	15.00	14.00	13.00	13.00	13.00	14.00	15.00	15.00	15.00	14.00
EBITDA Margin	-8.3%	0.78*	0.85*	0.95*	1.10*	1.26*	1.42*	1.56*	1.63*	1.64*	1.61*	1.52*	1.42*	-	-	-	-	-	-	-	-	-
Interest Expenses	-1.5%	16.00	16.00	17.00	17.00	18.00	20.00	20.00	19.00	17.00	17.00	17.00	15.00	13.00	12.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00
Income Taxes	-4.8%	2.00	2.00	2.00	2.00	3.00	3.00	4.00	4.00	3.00	4.00	3.00	3.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00
Earnings Before Taxes	-0.5%	7.00	7.00	7.00	9.00	11.00	11.00	12.00	12.00	12.00	13.00	11.00	9.00	7.00	5.00	5.00	3.00	4.00	6.00	5.00	5.00	6.00
EBT Margin	-13.1%	0.24*	0.28*	0.32*	0.39*	0.46*	0.53*	0.61*	0.65*	0.66*	0.63*	0.55*	0.48*	-	-	-	-	-	-	-	-	-
Net Income	1.0%	5.00	5.00	5.00	6.00	8.00	8.00	9.00	8.00	8.00	9.00	8.00	6.00	5.00	4.00	4.00	2.00	3.00	4.00	4.00	4.00	5.00
Net Income Margin	-12.7%	0.17*	0.20*	0.23*	0.28*	0.33*	0.38*	0.43*	0.46*	0.47*	0.45*	0.39*	0.34*	-	-	-	-	-	-	-	-	-
Free Cashflow	-107.4%	-3.24	-1.56	15.00	8.00	44.00	3.00	46.00	22.00	12.00	23.00	-23.70	-33.77	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2
Assets	4.0%	2,235	2,148	2,143	2,152	2,171	2,094	2,030	1,934	1,864	1,727	1,680	1,601	1,528	1,455	1,367	1,340	1,288	1,210	1,180	1,152	1,128
Cash Equivalents	52.7%	139	91.00	106	144	182	83.00	107	133	130	115	188	129	-	127	106	88.00	112	111	86.00	89.00	83.00
Net PPE	-5.3%	5.00	5.00	5.00	5.00	5.00	4.00	4.00	4.00	5.00	4.00	4.00	4.00	-	4.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Liabilities	4.3%	2,040	1,955	1,958	1,968	1,987	1,918	1,859	1,765	1,698	1,561	1,521	1,449	-	1,308	1,223	1,198	1,149	1,071	1,039	1,014	992
Shareholder's Equity	1.1%	195	193	184	184	184	177	170	169	166	165	159	152	-	147	143	142	139	138	141	138	135
Retained Earnings	2.8%	124	121	117	114	110	106	99.00	93.00	86.00	79.00	71.00	65.00	-	59.00	55.00	53.00	50.00	49.00	46.00	43.00	40.00
Additional Paid-In Capital	2.7%	11.00	11.00	11.00	10.00	10.00	10.00	9.00	9.00	9.00	9.00	8.00	8.00	-	9.00	9.00	8.00	8.00	8.00	8.00	7.00	7.00
Shares Outstanding	-2.1%	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	102	-	-	-	125	-	-	-	120	-	-	-	-	82.00	-	-	-	139

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-136.6%	-3,154	-1,333	15,423	9,109	44,643	2,975	46,156	22,003	12,600	23,905	-23,442	-33,535	4,794	21,335	-24,089	-4,463	2,366	2,867	8,126	5,333	2,654
Share Based Compensation	-5.1%	319	336	323	314	324	321	256	387	215	155	167	106	131	137	249	358	358	565	189	339	377
Cashflow From Investing	-1323.1%	-34,524	-2,426	-37,315	-22,772	-13,459	-84,961	-155,002	-87,308	-134,506	-132,736	22,109	-107,498	-67,919	-25,838	-48,117	-71,269	-1,844	-28,972	-21,290	-31,841	-35,928
Cashflow From Financing	896.2%	85,708	-10,765	-16,129	-24,085	67,353	57,677	83,430	68,026	136,423	36,145	60,791	142,290	84,245	22,925	47,972	76,948	24,441	23,033	19,160	43,823	21,344
Dividend Payments	-100.0%	-	1,800	1,815	1,822	1,832	1,825	1,822	1,515	1,514	1,514	1,514	1,052	1,052	1,059	1,061	1,055	1,087	785	791	782	793
Buy Backs	-64.3%	483	1,352	-	2,011	571	-	-	-	-	-	-	-	28.00	1,018	325	497	6,264	903	1,442	665	2,381

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OPBK Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
INTEREST INCOME
Interest and fees on loans	$ 30,142	$ 26,011
Interest on available-for-sale debt securities	1,460	1,566
Other interest income	1,311	1,017
Total interest income	32,913	28,594
Interest expense
Interest on deposits	15,675	10,382
Interest on borrowings	1,259	320
Total interest expense	16,934	10,702
Net interest income	15,979	17,892
Provision for (reversal of) credit losses	145	(338)
Net interest income after provision for credit losses	15,834	18,230
NONINTEREST INCOME
Service charges on deposits	612	418
Loan servicing fees, net of amortization	772	846
Gain on sale of loans	1,703	2,570
Other income	499	461
Total noninterest income	3,586	4,295
NONINTEREST EXPENSE
Salaries and employee benefits	7,841	7,252
Occupancy and equipment	1,655	1,570
Data processing and communication	487	550
Professional fees	395	359
FDIC insurance and regulatory assessments	374	467
Promotion and advertising	149	162
Directors’ fees	157	161
Foundation donation and other contributions	540	753
Other expenses	559	634
Total noninterest expense	12,157	11,908
INCOME BEFORE INCOME TAX EXPENSE	7,263	10,617
Income tax expense	2,037	3,083
NET INCOME	$ 5,226	$ 7,534
EARNINGS PER SHARE - BASIC (USD per share)	$ 0.34	$ 0.48
EARNINGS PER SHARE - DILUTED (USD per share)	$ 0.34	$ 0.48

OPBK Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and cash equivalents	$ 139,246	$ 91,216
Available-for-sale debt securities, at fair value	187,225	194,250
Other investments	16,264	16,276
Loans held for sale	16,075	1,795
Loans receivable, net of allowance for credit losses of $22,129 and $21,993 as of March 31, 2024 and December 31, 2023, respectively	1,782,858	1,743,852
Premises and equipment, net	4,971	5,248
Accrued interest receivable	8,370	8,259
Servicing assets	11,405	11,741
Company owned life insurance	22,399	22,233
Deferred tax assets, net	13,802	13,309
Other real estate owned	1,237	0
Operating right-of-use assets	8,864	8,497
Other assets	21,804	31,054
Total assets	2,234,520	2,147,730
Deposits:
Noninterest-bearing	539,396	522,751
Interest-bearing:
Money market and others	327,718	399,018
Time deposits greater than $250	451,497	433,892
Other time deposits	576,800	451,897
Total deposits	1,895,411	1,807,558
Federal Home Loan Bank advances	105,000	105,000
Accrued interest payable	12,270	12,628
Operating lease liabilities	9,614	9,341
Other liabilities	17,500	20,577
Total liabilities	2,039,795	1,955,104
Shareholders’ equity
Preferred stock no par value; 10,000,000 shares authorized; no shares issued or outstanding as of March 31, 2024 and December 31, 2023	0	0
Common stock – no par value; 50,000,000 shares authorized as of March 31, 2024 and December 31, 2023; 14,982,555 and 15,000,436 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	75,957	76,280
Additional paid-in capital	11,240	10,942
Retained earnings	124,280	120,855
Accumulated other comprehensive loss	(16,752)	(15,451)
Total shareholders’ equity	194,725	192,626
Total liabilities and shareholders' equity	$ 2,234,520	$ 2,147,730

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. In addition, it offers debit and credit card, online transfer and bill payment, electronic delivery of customer statements, and mobile banking solutions for iPhone and Android phones, including remote check deposit with mobile bill pay; direct deposits, cashier's checks, person to person payments, wire transfers, and automated clearing house (ACH) services; and cash management services, including balance reporting, transfers between accounts, wire transfer initiation, ACH origination, and stop payment services, as well as remote deposit capture, positive pay, zero balance accounts, and sweep accounts. The company operates full branch offices in Downtown Los Angeles, Los Angeles Fashion District, Los Angeles Koreatown, Gardena, Buena Park, and Santa Clara in California; and Carrollton, Texas. It also has loan production offices in Atlanta, Georgia; Aurora, Colorado; and Lynnwood and Seattle in Washington. The company was founded in 2005 and is headquartered in Los Angeles, California.

CEO	Ms. Min Jung Kim
WEBSITE	myopenbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	221

OP Bancorp Frequently Asked Questions

What is the ticker symbol for OP Bancorp? What does OPBK stand for in stocks?

OPBK is the stock ticker symbol of OP Bancorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of OP Bancorp (OPBK)?

As of Fri May 17 2024, market cap of OP Bancorp is 150.76 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OPBK stock?

You can check OPBK's fair value in chart for subscribers.

What is the fair value of OPBK stock?

You can check OPBK's fair value in chart for subscribers. The fair value of OP Bancorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of OP Bancorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OPBK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is OP Bancorp a good stock to buy?

The fair value guage provides a quick view whether OPBK is over valued or under valued. Whether OP Bancorp is cheap or expensive depends on the assumptions which impact OP Bancorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OPBK.

What is OP Bancorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, OPBK's PE ratio (Price to Earnings) is 6.98 and Price to Sales (PS) ratio is 1.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OPBK PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on OP Bancorp's stock?

In the past 10 years, OP Bancorp has provided 0.052 (multiply by 100 for percentage) rate of return.