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NASDAQ:OPBK

OP Bancorp - OPBK Stock Forecast, Price & News

$11.65
-0.04 (-0.34%)
(As of 11/28/2022 12:00 AM ET)
Add
Compare
Today's Range
$11.55
$11.75
50-Day Range
$11.08
$11.83
52-Week Range
$10.25
$14.86
Volume
25,596 shs
Average Volume
25,165 shs
Market Capitalization
$176.96 million
P/E Ratio
5.27
Dividend Yield
4.11%
Price Target
$14.75

OP Bancorp MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
26.6% Upside
$14.75 Price Target
Short Interest
Healthy
0.18% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.29mentions of OP Bancorp in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$490,764 Bought Last Quarter
Proj. Earnings Growth
-18.18%
From $2.20 to $1.80 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.05 out of 5 stars

Finance Sector

67th out of 907 stocks

State Commercial Banks Industry

16th out of 190 stocks

OPBK stock logo

About OP Bancorp (NASDAQ:OPBK) Stock

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. In addition, it offers debit and credit card, online transfer and bill payment, electronic delivery of customer statements, and mobile banking solutions for iPhone and Android phones, including remote check deposit with mobile bill pay; direct deposits, cashier's checks, person to person payments, wire transfers, and automated clearing house (ACH) services; and cash management services, including balance reporting, transfers between accounts, wire transfer initiation, ACH origination, and stop payment services, as well as remote deposit capture, positive pay, zero balance accounts, and sweep accounts. As of January 27, 2022, the company operated nine full branch offices in Downtown Los Angeles, Los Angeles Fashion District, Los Angeles Koreatown, Gardena, Buena Park, and Santa Clara in California; and Carrollton, Texas. It also had four loan production offices in Atlanta, Georgia; Aurora, Colorado; and Lynnwood and Seattle in Washington. The company was founded in 2005 and is headquartered in Los Angeles, California.

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OPBK Stock News Headlines

OP Bancorp: This Regional Bank Is Cheap
OP Bancorp
Is OP Bancorp (OPBK) Stock Undervalued Right Now?
OPBK.A - | Stock Price & Latest News | Reuters
See More Headlines
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OPBK Company Calendar

Last Earnings
10/27/2022
Ex-Dividend for 11/24 Dividend
11/09/2022
Dividend Payable
11/24/2022
Today
11/29/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/26/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:OPBK
Fax
N/A
Employees
193
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$14.75
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$14.50
Forecasted Upside/Downside
+26.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$28.84 million
Pretax Margin
48.10%

Debt

Sales & Book Value

Annual Sales
$80.18 million
Cash Flow
$1.99 per share
Book Value
$10.92 per share

Miscellaneous

Free Float
11,823,000
Market Cap
$176.96 million
Optionable
Not Optionable
Beta
0.59

Key Executives

  • Ms. Min Jung Kim (Age 62)
    Pres, CEO & Director
    Comp: $1.1M
  • Ms. Christine Yoon Oh (Age 55)
    Exec. VP, CFO & Corp. Sec.
    Comp: $463.15k
  • Mr. Ihnsuk J. Bang (Age 55)
    Exec. VP & Chief Banking Officer of Open Bank
    Comp: $371.2k
  • Ms. Kathrine Duncan (Age 66)
    Exec. VP & Chief Risk Officer of Open Bank
  • Ms. Ki Won Yoon (Age 61)
    Exec. VP & Chief Lending Officer of Open Bank













OPBK Stock - Frequently Asked Questions

Should I buy or sell OP Bancorp stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for OP Bancorp in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OPBK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OPBK, but not buy additional shares or sell existing shares.
View OPBK analyst ratings
or view top-rated stocks.

What is OP Bancorp's stock price forecast for 2023?

1 analysts have issued 12-month price objectives for OP Bancorp's shares. Their OPBK share price forecasts range from $14.50 to $15.00. On average, they anticipate the company's share price to reach $14.75 in the next year. This suggests a possible upside of 26.6% from the stock's current price.
View analysts price targets for OPBK
or view top-rated stocks among Wall Street analysts.

How have OPBK shares performed in 2022?

OP Bancorp's stock was trading at $12.76 at the start of the year. Since then, OPBK stock has decreased by 8.7% and is now trading at $11.65.
View the best growth stocks for 2022 here
.

When is OP Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our OPBK earnings forecast
.

How were OP Bancorp's earnings last quarter?

OP Bancorp (NASDAQ:OPBK) posted its earnings results on Thursday, October, 27th. The company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by $0.02. The company earned $25.17 million during the quarter. OP Bancorp had a trailing twelve-month return on equity of 20.53% and a net margin of 34.15%.

How often does OP Bancorp pay dividends? What is the dividend yield for OP Bancorp?

OP Bancorp declared a quarterly dividend on Thursday, October 27th. Stockholders of record on Thursday, November 10th will be given a dividend of $0.12 per share on Thursday, November 24th. This represents a $0.48 annualized dividend and a dividend yield of 4.12%. The ex-dividend date is Wednesday, November 9th.
Read our dividend analysis for OPBK
.

Is OP Bancorp a good dividend stock?

OP Bancorp (NASDAQ:OPBK) pays an annual dividend of $0.48 per share and currently has a dividend yield of 4.11%. OPBK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OPBK will have a dividend payout ratio of 26.67% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OPBK.

When did OP Bancorp IPO?

(OPBK) raised $21 million in an IPO on Wednesday, March 28th 2018. The company issued 2,000,000 shares at a price of $9.50-$11.50 per share. Keefe, Bruyette & Woods (A Stifel Company) acted as the underwriter for the IPO and D.A. Davidson & Co. was co-manager.

What is OP Bancorp's stock symbol?

OP Bancorp trades on the NASDAQ under the ticker symbol "OPBK."

Who are OP Bancorp's major shareholders?

OP Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (5.51%), KLK Capital Management LLC (4.86%), The Manufacturers Life Insurance Company (4.43%), Vanguard Group Inc. (4.03%), Dimensional Fund Advisors LP (1.65%) and EJF Capital LLC (1.52%). Insiders that own company stock include Brian Choi, Christine Yoon Oh, Ernest Dow, Jason Hwang, Myung Park and Ock Hee Kim.
View institutional ownership trends
.

How do I buy shares of OP Bancorp?

Shares of OPBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is OP Bancorp's stock price today?

One share of OPBK stock can currently be purchased for approximately $11.65.

How much money does OP Bancorp make?

OP Bancorp (NASDAQ:OPBK) has a market capitalization of $176.95 million and generates $80.18 million in revenue each year. The company earns $28.84 million in net income (profit) each year or $2.21 on an earnings per share basis.

How many employees does OP Bancorp have?

The company employs 193 workers across the globe.

How can I contact OP Bancorp?

OP Bancorp's mailing address is 1000 Wilshire Blvd Ste 500, Los Angeles, California 90017-2462. The official website for the company is www.myopenbank.com. The company can be reached via phone at (213) 892-9999 or via email at christine.oh@myopenbank.com.

This page (NASDAQ:OPBK) was last updated on 11/29/2022 by MarketBeat.com Staff