OP Bancorp (OPBK) Projected to Post Earnings on Thursday

OP Bancorp (NASDAQ:OPBK) is projected to announce its earnings results before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.36 per share and revenue of $21,600.00 billion for the quarter.

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, topping analysts’ consensus estimates of $0.33 by $0.03. OP Bancorp had a return on equity of 10.81% and a net margin of 14.18%. The company had revenue of $39.54 million for the quarter. On average, analysts expect OP Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

OP Bancorp Trading Up 4.4 %

NASDAQ:OPBK opened at $15.54 on Thursday. The stock has a fifty day simple moving average of $16.37 and a 200 day simple moving average of $13.74. The firm has a market capitalization of $230.18 million, a price-to-earnings ratio of 11.10 and a beta of 0.66. OP Bancorp has a 1-year low of $8.91 and a 1-year high of $18.57. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.37.

OP Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 7th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 3.09%. The ex-dividend date was Thursday, November 7th. OP Bancorp’s payout ratio 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.