FY2026 EPS Estimates for OP Bancorp Lowered by DA Davidson

OP Bancorp (NASDAQ:OPBK) – Research analysts at DA Davidson decreased their FY2026 earnings per share estimates for OP Bancorp in a report issued on Wednesday, April 2nd. DA Davidson analyst G. Tenner now anticipates that the company will post earnings per share of $1.88 for the year, down from their previous forecast of $1.90. The consensus estimate for OP Bancorp’s current full-year earnings is $1.90 per share.

Separately, Keefe, Bruyette & Woods reduced their price objective on OP Bancorp from $19.00 to $18.00 and set a “market perform” rating for the company in a research note on Monday, January 27th.

OP Bancorp Trading Down 0.4 %

OP Bancorp stock opened at $11.05 on Thursday. The firm has a market cap of $164.80 million, a price-to-earnings ratio of 7.95 and a beta of 0.54. OP Bancorp has a 1 year low of $8.91 and a 1 year high of $18.57. The firm’s 50 day moving average price is $13.07 and its two-hundred day moving average price is $14.37. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.00.

OP Bancorp (NASDAQ:OPBK) last posted its quarterly earnings data on Thursday, January 23rd. The company reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.36 by ($0.03). OP Bancorp had a net margin of 13.68% and a return on equity of 10.64%.

Institutional Investors Weigh In On OP Bancorp

Several hedge funds have recently made changes to their positions in OPBK. Barclays PLC acquired a new stake in OP Bancorp during the 3rd quarter valued at $58,000. Geode Capital Management LLC raised its position in OP Bancorp by 2.6% during the third quarter. Geode Capital Management LLC now owns 118,203 shares of the company’s stock valued at $1,476,000 after buying an additional 2,948 shares during the period. Ritholtz Wealth Management lifted its stake in OP Bancorp by 10.4% in the 4th quarter. Ritholtz Wealth Management now owns 39,688 shares of the company’s stock worth $627,000 after acquiring an additional 3,740 shares in the last quarter. Empowered Funds LLC lifted its stake in OP Bancorp by 5.2% in the 4th quarter. Empowered Funds LLC now owns 52,929 shares of the company’s stock worth $837,000 after acquiring an additional 2,615 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its position in OP Bancorp by 139.6% during the 4th quarter. Bank of New York Mellon Corp now owns 33,024 shares of the company’s stock worth $522,000 after acquiring an additional 19,243 shares during the period. Hedge funds and other institutional investors own 53.63% of the company’s stock.

OP Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $0.48 annualized dividend and a yield of 4.34%. OP Bancorp’s payout ratio is presently 34.53%.

OP Bancorp Company Profile

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.