OP Bancorp (OPBK) News & EventsOPBKNews & EventsOP Bancorp

Company Reports Net Income of $8M and EPS of 53c

"We delivered another quarter of strong financial performance, highlighted by net income of $8M and diluted EPS of 53c. Our results were driven by continued revenue growth, a reversal of provision for credit losses reflecting the strength of our credit portfolio, and ongoing improvements in operating efficiency. We also maintained solid balance sheet growth, with increases in both loans and deposits, while preserving strong asset quality and capital levels. As we enter the second half of 2026, we remain committed to driving sustainable growth while maintaining disciplined risk management and operating efficiency," said Sang K. Oh, President and Chief Executive Officer.

Q1 Revenue Reaches $24.56M, Exceeds Consensus

Reports Q1 revenue $24.56M, consensus $24.4M.

Company Reports Q4 Revenue of $24.28M, Net Income Up 5%

Reports Q4 revenue $24.28M, two estimates $24.85M. "Our fourth-quarter results highlight the continued strength and resilience of our Company. Net interest income increased 3%, and a more favorable economic outlook resulted in a 61% reduction in provision for credit losses while maintaining an adequate reserve level against credit risk. As a result, net income rose 5%, and diluted EPS also increased $0.02 to $0.47. On the balance sheet, average loans grew 3% and average deposits increased 2%, demonstrating the ongoing trust of our customers and the effectiveness of our relationship-driven approach. Asset quality remained stable, and our capital position stayed robust, underscoring the soundness of our risk management framework. As we close out 2025, we remain focused on executing our strategic priorities, supporting our customers and communities, and delivering long-term value for our shareholders," said Sang K. Oh, President and Chief Executive Officer.