OPBK dividend history
OP Bancorp (OPBK) dividend declarations and ex-dividend dates - real-time wire coverage of every payout disclosure.
Recent dividend items
- OP Bancorp Reports First Quarter 2026 Net Income of $7.2 Million, Diluted EPS of $0.48compared with Fourth quarter 2025 net income of $7.0 million, diluted EPS of $0.47, and first quarter 2025 net income of $5.6 million, diluted EPS of $0.37 Higher revenue; improved operating efficiency OP Bancorp (the "Company") (NASDAQ:OPBK), parent company of Open Bank, today reported: ($ in thousands, except per share data) As of and For the Quarter First Quarter Highlights 1Q2026 4Q2025 1Q2025 Comparisons reflect 1Q26 vs. 4Q25 Income Statement:
- OP Bancorp Declares Quarterly Cash Dividend of $0.14 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.14 per share, representing a 17% increase from the prior quarterly dividend of $0.12 per share, on its common stock. The dividend is payable on or about May 21, 2026 to shareholders of record as of the close of business on May 7, 2026. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank operates general commercial banking business in Los Angeles, Orange, and Santa Cl
- OP Bancorp Reports Fourth Quarter 2025 Net Income of $7.1 Million, Diluted EPS of $0.47compared with third quarter 2025 net income of $6.7 million, diluted EPS of $0.45, and fourth quarter 2024 net income of $5.0 million, diluted EPS of $0.33 Higher net interest income; lower provision for credit losses OP Bancorp (the "Company") (NASDAQ:OPBK), parent company of Open Bank, today reported: As of and For the Quarter Fourth Quarter Highlights ($ in thousands, except per share data) 4Q2025 3Q2025 4Q2024 Comparisons reflect 4Q25 vs. 3Q25 Income Statement:
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about February 19, 2026 to shareholders of record as of the close of business on February 5, 2026. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank operates general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Texas, and Cl
- OP Bancorp Reports Third Quarter 2025 Net Income of $6.7 Million, Diluted EPS of $0.45compared with second quarter 2025 net income of $6.3 million, diluted EPS of $0.42, and third quarter 2024 net income of $5.4 million, diluted EPS of $0.36 Higher revenue and net income; improved efficiency ratio; stable credit quality OP Bancorp (the "Company") (NASDAQ:OPBK), parent company of Open Bank, today reported: ($ in thousands, except per share data) As of and For the Quarter Third Quarter Highlights 3Q2025 2Q2025 3Q2024 Comparisons reflect 3Q25 vs. 2Q25 Income
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about November 20, 2025 to all shareholders of record as of the close of business on November 6, 2025. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in
- OP Bancorp Reports Net Income for Second Quarter 2025 of $6.3 Million and Diluted Earnings Per Share of $0.42Second Quarter 2025 Highlights compared with First Quarter 2025: Financial Results: Net income of $6.3 million, compared to $5.6 million Diluted earnings per share ("EPS") of $0.42, compared to $0.37 Net interest income of $19.7 million, compared to $17.4 million Net interest margin of 3.23%, compared to 3.01% Provision for credit losses of $1.2 million, compared to $736 thousand Total assets of $2.56 billion, compared to $2.51 billion Gross loans of $2.07 billion, compared to $2.04 billion Total deposits of $2.25 billion, compared to $2.19 billion Credit Quality: Allowance for credit losses on loans to gross loans of 1.27%, compared to 1.24% Net charge-
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about August 21, 2025 to all shareholders of record as of the close of business on August 7, 2025. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Texa
- OP Bancorp Reports Net Income for 2025 First Quarter of $5.6 Million and Diluted Earnings Per Share of $0.372025 First Quarter Highlights compared with 2024 Fourth Quarter: Financial Results: Net income of $5.6 million, compared to $5.0 million Diluted earnings per share of $0.37, compared to $0.33 Net interest income of $17.4 million, compared to $16.9 million Net interest margin of 3.01%, compared to 2.96% Provision for credit losses of $0.7 million, compared to $1.5 million Total assets of $2.51 billion, compared to $2.37 billion Gross loans of $2.04 billion, compared to $1.96 billion Total deposits of $2.19 billion, compared to $2.03 billion Credit Quality: Allowance for credit losses to gross loans of 1.24%, compared to 1.27% Net charge-offs(1) to average gross loan
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about May 22, 2025 to all shareholders of record as of the close of business on May 8, 2025. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Texas, and C
- OP Bancorp Reports Net Income for 2024 Fourth Quarter of $5.0 Million and Diluted Earnings Per Share of $0.332024 Fourth Quarter Highlights compared with 2024 Third Quarter: Financial Results: Net income of $5.0 million, compared to $5.4 million Diluted earnings per share of $0.33, compared to $0.36 Net interest income of $16.9 million, compared to $16.5 million Net interest margin of 2.96%, compared to 2.95% Provision for credit losses of $1.5 million, compared to $448 thousand Total assets of $2.37 billion, compared to $2.39 billion Gross loans of $1.96 billion, compared to $1.93 billion Total deposits of $2.03 billion, compared to $2.06 billion Credit Quality: Allowance for credit losses to gross loans of 1.27%, compared to 1.19% Net charge-offs(1) to averag
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 Per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about February 20, 2025 to all shareholders of record as of the close of business on February 6, 2025. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in
- OP Bancorp Reports Net Income for 2024 Third Quarter of $5.4 Million and Diluted Earnings Per Share of $0.362024 Third Quarter Highlights compared with 2024 Second Quarter: Financial Results: Net income of $5.4 million, no change compared to $5.4 million Diluted earnings per share of $0.36, no change compared to $0.36 Net interest income of $16.5 million, compared to $16.2 million Net interest margin of 2.95%, compared to 2.96% Provision for credit losses of $448 thousand, compared to $617 thousand Total assets of $2.39 billion, a 4.2% increase compared to $2.29 billion Gross loans of $1.93 billion, a 3.3% increase compared to $1.87 billion Total deposits of $2.06 billion, a 6.4% increase compared to $1.94 billion Credit Quality: Allowance for credit losses to gross loans
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about November 21, 2024 to all shareholders of record as of the close of business on November 7, 2024. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Te
- OP Bancorp Reports Net Income for 2024 Second Quarter of $5.4 Million and Diluted Earnings Per Share of $0.362024 Second Quarter Highlights compared with 2024 First Quarter: Financial Results: Net income of $5.4 million, a 4.0% increase compared to $5.2 million Diluted earnings per share of $0.36, a 5.9% increase compared to $0.34 Net interest income of $16.2 million, compared to $16.0 million Net interest margin of 2.96%, compared to 3.06% Provision for credit losses of $617 thousand, compared to $145 thousand Total assets of $2.29 billion, a 2.5% increase compared to $2.23 billion Gross loans of $1.87 billion, a 3.6% increase compared to $1.80 billion Total deposits of $1.94 billion, a 2.4% increase compared to $1.90 billion Credit Quality: Allowance for credit
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about August 22, 2024 to all shareholders of record as of the close of business on August 8, 2024. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Texa
- OP Bancorp Reports Net Income for 2024 First Quarter of $5.2 Million and Diluted Earnings Per Share of $0.342024 First Quarter Highlights compared with 2023 Fourth Quarter: Financial Results: Net income of $5.23 million, compared to $5.17 million Diluted earnings per share of $0.34, compared to $0.34 Net interest income of $16.0 million, compared to $16.2 million Net interest margin of 3.06%, compared to 3.12% Provision for credit losses of $0.1 million, compared to $0.6 million Total assets of $2.23 billion, compared to $2.15 billion Gross loans of $1.80 billion, compared to $1.77 billion Total deposits of $1.90 billion, compared to $1.81 billion Credit Quality: Allowance for credit losses to gross loans of 1.23%, compared to 1.25% Net charge-offs(1) to avera
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about May 23, 2024 to all shareholders of record as of the close of business on May 9, 2024. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California; the Dallas metropolitan area in Texas; and
- OP Bancorp Reports Net Income for 2023 Fourth Quarter of $5.2 Million and Diluted Earnings Per Share of $0.342023 Fourth Quarter Highlights compared with 2023 Third Quarter: Financial Results: Net income of $5.2 million, compared to $5.1 million Diluted earnings per share of $0.34, compared to $0.33 Net interest income of $16.2 million, compared to $17.3 million Net interest margin of 3.12%, compared to 3.38% Provision for credit losses of $0.6 million, compared to $1.4 million Total assets of $2.15 billion, compared to $2.14 billion Gross loans of $1.77 billion, compared to $1.76 billion Total deposits of $1.81 billion, compared to $1.83 billion Credit Quality: Allowance for credit losses to gross loans of 1.25%, compared to 1.23% Net charge-offs(1) to average
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about February 22, 2024 to all shareholders of record as of the close of business on February 8, 2024. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in
- OP Bancorp Reports Net Income for 2023 Third Quarter of $5.1 Million and Diluted Earnings Per Share of $0.332023 Third Quarter Highlights compared with 2023 Second Quarter: Financial Results: Net income of $5.1 million, compared to $6.1 million Diluted earnings per share of $0.33, compared to $0.39 Net interest income of $17.3 million, compared to $17.3 million Net interest margin of 3.38%, compared to 3.40% Provision for credit losses of $1.4 million, compared to none Total assets of $2.14 billion, compared to $2.15 billion Gross loans of $1.76 billion, compared to $1.72 billion Total deposits of $1.83 billion, compared to $1.86 billion Credit Quality: Allowance for credit losses to gross loans of 1.23%, compared to 1.21% Net charge-offs(1) to average gross l
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about November 23, 2023 to all shareholders of record as of the close of business on November 9, 2023. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focus
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about August 24, 2023 to all shareholders of record as of the close of business on August 10, 2023. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focused
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about May 25, 2023 to all shareholders of record as of the close of business on May 11, 2023. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas, and is focused on se
- OP Bancorp Reports Net Income for 2023 First Quarter of $7.5 Million and Diluted Earnings Per Share Of $0.482023 First Quarter Highlights compared with 2022 First Quarter: Financial Results: Net income of $7.5 million, compared to $8.2 million Diluted earnings per share of $0.48, compared to $0.53 Net interest income of $17.9 million, compared to $17.3 million Net interest margin of 3.56%, compared to 4.12% Adopted Current Expected Credit Losses ("CECL") and recorded additional allowance for credit losses of $2.1 million on January 1, 2023 Reversal of credit losses of $338 thousand, compared to provision for credit losses of $341 thousand Total assets of $2.2 billion, a 16% increase compared to $1.9 billion Gross loans of $1.7 billion, a 18% increase compared to $1.4 bil
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about February 23, 2023 to all shareholders of record as of the close of business on February 9, 2023. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focused
- OP Bancorp Reports Net Income for 2022 Fourth Quarter of $8.0 Million and Diluted Earnings Per Share of $0.512022 Fourth Quarter Highlights compared with 2021 Fourth Quarter: Financial Results: Net income of $8.0 million, compared to $9.1 million Diluted earnings per share of $0.51, compared to $0.59 Net interest income of $20.2 million, compared to $17.1 million Net interest margin of 4.08%, compared to 4.07% Provision for loan losses of $977 thousand, compared to $1.9 million Total assets of $2.1 billion, a 21% increase compared to $1.7 billion Total loans (1) of $1.7 billion, a 23% increase compared to $1.4 billion Total deposits of $1.9 billion, a 23% increase compared to $1.5 billion Noninterest-bearing deposits of $701.6 million, or 37.2% of total deposits Credit Qual
- OP Bancorp Reports Net Income for 2022 Third Quarter of $8.7 Million and Diluted Earnings Per Share of $0.552022 Third Quarter Highlights compared with 2021 Third Quarter: Financial Results: Net income of $8.7 million, up $400 thousand, or 5% Diluted earnings per share of $0.55, up $0.01, or 2% Net interest income of $20.3 million, up $3.8 million, or 23% Provision for loan losses of $662 thousand, a $1.5 million increase, compared to reversal of provision for loan losses of $884 thousand Noninterest income of $4.8 million, up $1.3 million, or 36% Noninterest expense of $12.3 million, up $2.8 million, or 30% Pre-provision net revenue (1) of $12.8 million, up $2.2 million, or 21% Total assets of $2.03 billion, up $349.7 million, or 21% Total loans (2) of $1.65 billion, up $328.
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 Per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about November 24, 2022 to all shareholders of record as of the close of business on November 10, 2022. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focuse
- OP Bancorp Reports Net Income for Second Quarter 2022 of $8.5 Million and Diluted Earnings Per Share of $0.542022 Second Quarter Highlights compared with 2021 Second Quarter: Financial Results: Net income of $8.5 million, up $2.1 million, or 33% Diluted earnings per share of $0.54, up $0.12, or 29% Net interest income of $19.1 million, up $4.5 million, or 31% Provision for loan losses of $996 thousand, up $2.1 million Noninterest income of $5.4 million, up $3.1 million, or 141% Noninterest expense of $11.5 million, up $2.7 million, or 31% Pre-provision net revenue (1) of $12.9 million, up $4.9 million, or 61% Total assets of $1.93 billion, up $332.4 million, or 21% Total loans (2) of $1.55 billion, up $237.7 million, or 18%; Average loans (2) of $1.56 billion, up $318.0 million
- OP Bancorp Declares Quarterly Cash Dividend of $0.12 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about August 25, 2022 to all shareholders of record as of the close of business on August 11, 2022. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focused on
- OP Bancorp Declares Quarterly Cash Dividend of $0.10 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share of its common stock. The dividend is payable on or about May 26, 2022 to all shareholders of record as of the close of business on May 12, 2022. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focused on servi
- OP Bancorp Reports Net Income for First Quarter 2022 of $8.2 Million and Diluted Earnings Per Share Of $0.532022 First Quarter Highlights compared with 2021 First Quarter: Financial Results: Net income of $8.2 million, up $3.1 million, or 61% Diluted earnings per share of $0.53, up $0.20, or 61% Net interest income of $17.3 million, up $4.5 million, or 36% Provision for loan losses of $341 thousand, down $279 thousand, or 45% Noninterest income of $4.2 million, up $1.3 million, or 42% Noninterest expense of $9.7 million, up $1.7 million, or 21% Pre-provision net revenue (1) of $11.8 million, up $4.1 million, or 53% Total assets of $1.86 billion, up $409 million, or 28% Total loans (2) of $1.51 billion, up $330 million, or 28%; Average loans (2) of $1.44 billion, up $278.9 mill
- OP Bancorp Declares Quarterly Cash Dividend of $0.10 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share of its common stock. The dividend is payable on or about February 10, 2022 to all shareholders of record as of the close of business on February 24, 2022. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focuse
- OP Bancorp Reports Record Net Income for Fourth Quarter 2021 of $9.1 Million and Diluted Earnings Per Share of $0.592021 Fourth Quarter Highlights compared with 2020 Fourth Quarter: Financial Results: Net income of $9.1 million, up $5.3 million, or 140% Diluted earnings per share of $0.59, up $0.34, or 136% Net interest income of $17.1 million, up $4.9 million, or 40% Provision for loan losses of $1.9 million, up $67 thousand, or 4% Noninterest income of $7.3 million, up $3.9 million, or 115% Noninterest expense of $9.6 million, up $1.2 million, or 14% Pre-provision net revenue (1) of $14.8 million, up $7.6 million, or 107% Total assets of $1.73 billion, up $359.9 million, or 26% Total loans (2) of $1.40 billion, up $277.1 million, or 25%; Average loans (2) of $1.34 billion, up $230.
- OP Bancorp Reports Net Income for Third Quarter 2021 of $8.3 Million and Diluted Earnings Per Share of $0.542021 Third Quarter Highlights compared with 2020 Third Quarter: Financial Results: Net income of $8.3 million, up $4.7 million, or 129% Diluted earnings per share of $0.54, up $0.31, or 135% Net interest income of $16.6 million, up $5.2 million, or 45% Reversal of provision for loan losses of $884 thousand, a $2.3 million decrease in provision for loan losses Noninterest income of $3.5 million, up $521 thousand, or 17% Noninterest expense of $9.5 million, up $1.5 million, or 19% Pre-provision net revenue (1) of $10.6 million, up $4.2 million, or 64% Total assets of $1.68 billion, up $340.1 million, or 25% Total loans (2) of $1.33 billion, up $212.1 million, or 19%; Avera
- OP Bancorp Reports Net Income for Second Quarter 2021 of $6.4 Million and Diluted Earnings Per Share of $0.422021 Second Quarter Highlights compared with 2020 Second Quarter: Loans Portfolio Purchase: On May 24, 2021, the Company completed an asset purchase of loan portfolio from Hana Small Business Lending, Inc. ("Hana"). The Company paid Hana approximately $97.6 million that included loans of $100.0 million at a fair value discount of $8.9 million, servicing assets of $6.1 million and accrued interest receivable of $398 thousand. Financial Results: Net income of $6.4 million, up $4.0 million, or 164% Diluted earnings per share of $0.42, up $0.26, or 163% Net interest income of $14.6 million, up $3.9 million, or 37% Reversal of provision for loan losses of $1.1 million, a $3.1 mi
- OP Bancorp Declares Quarterly Cash Dividend of $0.07 per ShareOP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.07 per share of its common stock. The dividend is payable on or about May 20, 2021 to all shareholders of record as of the close of business on May 6, 2021. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California and Carrollton, Texas and is focused on serving
- OP Bancorp Reports First Quarter Result of 20212021 First Quarter Highlights: Net income totaled $5.1 million, or $0.33 per diluted common share, compared to $3.8 million, or $0.25 per diluted common share, for the fourth quarter of 2020 and $3.3 million, or $0.21 per diluted common share, for the first quarter of 2020 Net interest margin was 3.80%, compared to 3.73% for the fourth quarter of 2020 and 3.95% for the first quarter of 2020 Return on average assets was 1.44% and return on average equity was 14.02%, compared to 1.13% and 10.72%, respectively, for the fourth quarter of 2020 and 1.12% and 9.44%, respectively, for the first quarter of 2020 Total assets increased 20.3% to $1.46 billion at March 31, 2021, from $1.21 bill
- OP Bancorp Declares Quarterly Cash Dividend of $0.07 per ShareLOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that its Board of Directors declared a quarterly cash dividend of $0.07 per share of its common stock. The dividend is payable on or about February 25, 2021 to all shareholders of record as of the close of business on February 11, 2021. About OP Bancorp OP Bancorp, the holding company for Open Bank (the “Bank”), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, “OPBK.” The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, Californ
- OP Bancorp Reports Fourth Quarter and Year End Results For 2020LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today reported unaudited financial results for the fourth quarter of 2020. Net income for the fourth quarter of 2020 was $3.9 million, or $0.25 per diluted common share, compared to net income of $3.6 million, or $0.23 per diluted common share, for the third quarter of 2020, and net income of $4.2 million, or $0.26 per diluted common share, for the fourth quarter of 2019. “I am pleased to report another strong quarter with solid financial results in this challenging environment. We have exceeded our expectations in all key financial areas through proactive managem