OP Bancorp (OPBK) Expected to Announce Quarterly Earnings on Thursday

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

OP Bancorp (NASDAQ:OPBK) last announced its quarterly earnings data on Thursday, October 24th. The company reported $0.36 earnings per share (EPS) for the quarter, beating 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 during the quarter. On average, analysts expect OP Bancorp to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

OP Bancorp Price Performance

NASDAQ OPBK opened at $15.96 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37. OP Bancorp has a 12 month low of $8.91 and a 12 month high of $18.57. The stock has a market cap of $236.40 million, a price-to-earnings ratio of 11.40 and a beta of 0.66. The company’s 50 day moving average is $16.36 and its two-hundred day moving average is $13.90.

OP Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Stockholders of record on Thursday, November 7th were given a dividend of $0.12 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.48 annualized dividend and a dividend yield of 3.01%. 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.