Origin Bancorp (NYSE:OBK) Upgraded to "Hold" at Wall Street Zen

Key Points

• Origin Bancorp has been upgraded from a "sell" rating to a "hold" rating by Wall Street Zen, indicating a more favorable outlook for investors.
• The current stock price of Origin Bancorp is $35.52, with a market capitalization of $1.11 billion and a price-to-earnings ratio of 15.86.
• Origin Bancorp operates as a bank holding company, offering a range of banking and financial services across Texas, Louisiana, and Mississippi.

Wall Street Zen upgraded shares of Origin Bancorp (NYSE:OBK - Free Report) from a sell rating to a hold rating in a research note released on Saturday morning.

Origin Bancorp Stock Performance

Shares of OBK traded up $1.21 during mid-day trading on Friday, reaching $36.71. The company's stock had a trading volume of 212,031 shares, compared to its average volume of 160,771. Origin Bancorp has a 1-year low of $28.80 and a 1-year high of $41.17. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 16.39 and a beta of 0.85. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.18.

About Origin Bancorp

Origin Bancorp, Inc operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, high net worth individuals, and retail clients in Texas, Louisiana, and Mississippi. It offers noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers commercial real estate, construction and land development, consumer, residential real estate, commercial and industrial, mortgage warehouse, residential mortgage, and paycheck protection program loans.