OP Bancorp (NASDAQ:OPBK) Shares Up 0.5%

Posted by on Jun 21st, 2022

OP Bancorp (NASDAQ:OPBK – Get Rating) shares shot up 0.5% on Monday . The stock traded as high as $10.65 and last traded at $10.38. 2,135 shares were traded during trading, a decline of 96% from the average session volume of 58,784 shares. The stock had previously closed at $10.33.

The stock has a fifty day moving average price of $12.27 and a 200-day moving average price of $12.95. The company has a market cap of $157.13 million, a PE ratio of 4.99 and a beta of 0.54.

OP Bancorp (NASDAQ:OPBK – Get Rating) last released its earnings results on Thursday, April 28th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The company had revenue of $21.51 million during the quarter. OP Bancorp had a return on equity of 19.90% and a net margin of 37.24%. As a group, research analysts predict that OP Bancorp will post 2.34 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 26th. Investors of record on Thursday, May 12th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Wednesday, May 11th. This represents a $0.40 annualized dividend and a dividend yield of 3.85%. OP Bancorp’s dividend payout ratio is 19.23%.

OP Bancorp Company Profile (NASDAQ:OPBK)

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.

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