OP Bancorp (NASDAQ:OPBK) Issues Quarterly Earnings Results, Misses Estimates By $0.03 EPS

OP Bancorp (NASDAQ:OPBK) announced its quarterly earnings data on Thursday. The company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03), Zacks reports. OP Bancorp had a return on equity of 10.81% and a net margin of 14.18%.

OP Bancorp Trading Down 0.1 %

OPBK traded down $0.02 during trading on Thursday, reaching $15.77. 36,076 shares of the company’s stock were exchanged, compared to its average volume of 23,797. The company’s fifty day moving average price is $16.33 and its 200-day moving average price is $13.96. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $233.55 million, a PE ratio of 11.26 and a beta of 0.66. OP Bancorp has a fifty-two week low of $8.91 and a fifty-two week high of $18.57.

OP Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th will be given a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a dividend yield of 3.04%. OP Bancorp’s dividend payout ratio is 34.29%.

About OP Bancorp

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.