Keefe Bruyette downgraded OP Bancorp from Outperform to Mkt Perform and set a new price target of $15.00 from $18.50 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/3/2022 | $18.50 → $15.00 | Outperform → Mkt Perform | Keefe Bruyette |
OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company for Open Bank (the "Bank"), today announces that it has appointed Christine Oh, age 57, as Executive Vice President and Chief Operating Officer of the Company and the Bank, effective as of March 3, 2025. Ms. Oh has served as Executive Vice President and Chief Financial Officer of the Bank since July 2010 and of the Company since its formation in March 2016. Ms. Oh has more than 34 years of banking experience. The Company also announced the appointment of Jaehyun Park, age 53, the current Senior Vice President and Controller of the Company and the Bank, to succeed Ms. Oh as Executive Vice President and Chief Financial Officer of
OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company for Open Bank (the "Bank"), today announces that it has appointed Yeong Gwon Pak as the Executive Vice President and Chief Credit Officer of the Company and the Bank, effective December 30, 2024. Mr. Pak will succeed Sang Oh, who currently serves as Chief Credit Officer and who will succeed Ms. Min Kim as the Company's Chief Executive Officer in accordance with its previously announced succession plans beginning in 2025. Mr. Pak, age 54, previously served as Senior Vice President and District Manager at Bank of Hope from July 2022 until his departure in December 2024. Prior to that he had served in various executive roles at Co
2025 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 (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
2024 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
3 - OP Bancorp (0001722010) (Issuer)
3 - OP Bancorp (0001722010) (Issuer)
3 - OP Bancorp (0001722010) (Issuer)
2025 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 (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 (the "Company") (NASDAQ:OPBK), the holding company for Open Bank (the "Bank"), today announces that it has appointed Christine Oh, age 57, as Executive Vice President and Chief Operating Officer of the Company and the Bank, effective as of March 3, 2025. Ms. Oh has served as Executive Vice President and Chief Financial Officer of the Bank since July 2010 and of the Company since its formation in March 2016. Ms. Oh has more than 34 years of banking experience. The Company also announced the appointment of Jaehyun Park, age 53, the current Senior Vice President and Controller of the Company and the Bank, to succeed Ms. Oh as Executive Vice President and Chief Financial Officer of
10-Q - OP Bancorp (0001722010) (Filer)
8-K - OP Bancorp (0001722010) (Filer)
10-K - OP Bancorp (0001722010) (Filer)
Keefe Bruyette downgraded OP Bancorp from Outperform to Mkt Perform and set a new price target of $15.00 from $18.50 previously
Keefe, Bruyette & Woods upgraded OP Bancorp from Market Perform to Outperform and set a new price target of $11.00 from $9.50 previously
4 - OP Bancorp (0001722010) (Issuer)
SC 13G/A - OP Bancorp (0001722010) (Subject)
SC 13G/A - OP Bancorp (0001722010) (Subject)
SC 13G - OP Bancorp (0001722010) (Subject)