Analysts Offer Predictions for OP Bancorp’s FY2025 Earnings (NASDAQ:OPBK)

OP Bancorp (NASDAQ:OPBKFree Report) – Equities research analysts at DA Davidson issued their FY2025 EPS estimates for shares of OP Bancorp in a research report issued to clients and investors on Monday, April 29th. DA Davidson analyst G. Tenner forecasts that the company will post earnings per share of $1.52 for the year. The consensus estimate for OP Bancorp’s current full-year earnings is $1.52 per share.

OP Bancorp Stock Performance

OPBK opened at $9.13 on Tuesday. OP Bancorp has a 12-month low of $7.50 and a 12-month high of $11.49. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $136.58 million, a PE ratio of 6.52 and a beta of 0.62. The firm has a 50 day moving average of $9.83 and a two-hundred day moving average of $9.81.

OP Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 23rd. Shareholders of record on Thursday, May 9th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 5.26%. The ex-dividend date of this dividend is Wednesday, May 8th. OP Bancorp’s dividend payout ratio is presently 34.29%.

Insiders Place Their Bets

In other news, Director Brian Choi bought 4,914 shares of the business’s stock in a transaction dated Tuesday, February 6th. The stock was purchased at an average cost of $9.95 per share, with a total value of $48,894.30. Following the acquisition, the director now directly owns 1,298,520 shares in the company, valued at $12,920,274. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. 24.88% of the stock is currently owned by insiders.

Institutional Investors Weigh In On OP Bancorp

Institutional investors have recently added to or reduced their stakes in the stock. O Shaughnessy Asset Management LLC grew its stake in OP Bancorp by 76.8% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 34,942 shares of the company’s stock valued at $320,000 after acquiring an additional 15,176 shares during the period. Connor Clark & Lunn Investment Management Ltd. boosted its position in shares of OP Bancorp by 58.1% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 27,592 shares of the company’s stock valued at $252,000 after acquiring an additional 10,135 shares during the last quarter. Dfpg Investments LLC acquired a new position in shares of OP Bancorp during the 4th quarter valued at about $7,648,000. Assenagon Asset Management S.A. boosted its position in shares of OP Bancorp by 157.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 34,734 shares of the company’s stock valued at $318,000 after acquiring an additional 21,240 shares during the last quarter. Finally, Ancora Advisors LLC raised its holdings in OP Bancorp by 46.0% in the 3rd quarter. Ancora Advisors LLC now owns 91,790 shares of the company’s stock valued at $840,000 after buying an additional 28,940 shares during the period. Institutional investors and hedge funds own 53.63% of the company’s stock.

OP Bancorp Company Profile

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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.

Further Reading

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