2.55%
-12.18%
-6.25%
11.35%
27.27%
-2.77%
38.99%
AI Spotlight on OPBK
Company Description
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.
Market Data
| Last Price | 13.88 |
| Change Percentage | 2.55% |
| Open | 13.71 |
| Previous Close | 13.54 |
| Market Cap ( Millions) | 206 |
| Volume | 21419 |
| Year High | 18.57 |
| Year Low | 8.91 |
| M A 50 | 16.14 |
| M A 200 | 12.64 |
Financial Ratios
| FCF Yield | 11.91% |
| Dividend Yield | 3.46% |
| ROE | 10.81% |
| Debt / Equity | 40.97% |
| Net Debt / EBIDTA | 0.00% |
| Price To Book | 1.01 |
| Price Earnings Ratio | 9.67 |
| Price To FCF | 8.4 |
| Price To sales | 1.57 |
| EV / EBITDA | 0 |
News
- Jan -30 - OP Bancorp (OPBK) Upgraded to Strong Buy: Here's Why
- Jan -30 - Best Income Stocks to Buy for January 30th
- Jan -23 - OP Bancorp Reports Net Income for 2024 Fourth Quarter of $5.0 Million and Diluted Earnings Per Share of $0.33
- Dec -13 - OP Bancorp Announces Appointment of Yeong Gwon Pak as Chief Credit Officer
- Oct -24 - OP Bancorp Reports Net Income for 2024 Third Quarter of $5.4 Million and Diluted Earnings Per Share of $0.36
- Aug -23 - Split-Off of Liberty Sirius XM Holdings Approved at Liberty Media's Special Meeting of Stockholders
- Apr -25 - OP Bancorp Declares Quarterly Cash Dividend of $0.12 per Share
- Apr -25 - OP Bancorp Reports Net Income for 2024 First Quarter of $5.2 Million and Diluted Earnings Per Share of $0.34
- Jan -25 - OP Bancorp Reports Net Income for 2023 Fourth Quarter of $5.2 Million and Diluted Earnings Per Share of $0.34
- Oct -27 - Is Phillips 66 (PSX) Stock Undervalued Right Now?
- Oct -26 - OP Bancorp Reports Net Income for 2023 Third Quarter of $5.1 Million and Diluted Earnings Per Share of $0.33
- Aug -28 - OP Bancorp Announces New Stock Repurchase Program
- Jul -27 - OP Bancorp Reports Net Income for 2023 Second Quarter of $6.1 Million and Diluted Earnings Per Share of $0.39
- Oct -27 - Here is Why Growth Investors Should Buy OP Bancorp (OPBK) Now
- Jul -16 - OP Bancorp: Strong Loan Growth To Drive Earnings This Year
- Apr -22 - Navigate Through Market Volatility With These 4 Low-Beta Stocks
- Apr -20 - 3 Top Profitable Stocks to Invest In Using Net Income Ratio
- Apr -06 - Bet on These 4 Low-Beta Stocks to Combat Market Volatility
- Mar -22 - Recent Price Trend in OP Bancorp (OPBK) is Your Friend, Here's Why
- Feb -15 - 4 Best Stocks With High Net Income Ratio to Grab Today
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Banking and Related Activities
Expected Growth : 6.0 %
What the company do ?
OP Bancorp's Banking and Related Activities segment provides commercial banking services, including deposit-taking and lending, to individuals and businesses.
Why we expect these perspectives ?
OP Bancorp's 6.0% growth in Banking and Related Activities is driven by increasing demand for digital banking services, strategic expansion into underserved markets, and a focus on commercial lending. Additionally, the company's investments in technology and operational efficiency have improved customer experience, leading to increased deposits and loan growth.
Op Bancorp Products
| Product Range | What is it ? |
|---|---|
| Commercial Banking | Provides financial solutions to small and medium-sized businesses, including cash management, lending, and treasury management services. |
| Consumer Banking | Offers personal banking services, including checking and savings accounts, credit cards, personal loans, and mortgages. |
| Wealth Management | Provides investment and wealth management services, including brokerage, investment advisory, and trust services. |
| Home Lending | Offers mortgage lending services, including purchase and refinance loans, home equity loans, and construction loans. |
| Treasury Management | Provides cash management and treasury management services to businesses, including account management, payment processing, and risk management. |
OP Bancorp's Porter Forces
Threat Of Substitutes
The threat of substitutes for OP Bancorp is medium due to the presence of alternative banking services and financial institutions.
Bargaining Power Of Customers
The bargaining power of customers for OP Bancorp is low due to the lack of concentration of buyers and the high switching costs.
Bargaining Power Of Suppliers
The bargaining power of suppliers for OP Bancorp is medium due to the moderate concentration of suppliers and the availability of alternative suppliers.
Threat Of New Entrants
The threat of new entrants for OP Bancorp is high due to the low barriers to entry and the attractiveness of the banking industry.
Intensity Of Rivalry
The intensity of rivalry for OP Bancorp is high due to the high level of competition in the banking industry and the presence of many established players.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 53.53% |
| Debt Cost | 7.05% |
| Equity Weight | 46.47% |
| Equity Cost | 7.05% |
| WACC | 7.05% |
| Leverage | 115.21% |
OP Bancorp : Quality Control
OP Bancorp passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| PFBC | Preferred Bank provides various commercial banking products and services to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals, and high net worth individuals in … |
| MBWM | Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the … |
| WABC | Westamerica Bancorporation operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. The company accepts various deposit products, … |
| UBFO | United Security Bancshares operates as the bank holding company for United Security Bank, a state-chartered bank that provides a range of commercial banking services to the business and professional community, … |
| BFIN | BankFinancial Corporation operates as the bank holding company for BankFinancial, National Association that provides various commercial, family, and personal banking products and services. The company accepts various deposit products, including … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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United Security Bancshares
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1-Year Total Return ->
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OpenBank
A-Score
1-Year Total Return ->
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Preferred Bank
A-Score
1-Year Total Return ->
4
BankFinancial
A-Score
1-Year Total Return ->
5
Westamerica
A-Score
1-Year Total Return ->
6
