OP Bancorp
- Open
- 15.02
- Day high
- 15.36
- Day low
- 15.02
- Prev close
- 14.99
- Volume
- 22K
- Mkt cap
- $228M
- P/E (TTM)
- 8.4
- EPS (TTM)
- $1.83
- P/B
- 1.0
- P/S
- 1.3
- Yield
- 3.27%
- Per share
- $0.50
- ▼Insiders net selling -$310K over the last 3 months (0 open-market buys, 3 sales)
- 🏛Institutions mixed (13F)
OP Bancorp (OPBK) is a Financial Services company listed on NASDAQ. The stock is up 10% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 3 sales (SEC Form 4).
OP Bancorp (OPBK) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
OPBK earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $0.41 | $0.48 | +17.1% | $25M | +0.2% |
| Mar 13, 2026 | — | $0.47 | — | $43M | — |
| Oct 23, 2025 | $0.44 | $0.45 | +2.3% | $24M | -0.3% |
| Jul 24, 2025 | $0.42 | $0.42 | +0.0% | $24M | -0.7% |
| Apr 24, 2025 | $0.30 | $0.37 | +23.3% | $22M | +4.6% |
| Mar 28, 2025 | — | $0.34 | — | $39M | — |
| Oct 24, 2024 | $0.32 | $0.36 | +12.5% | $21M | +1.9% |
| Jul 25, 2024 | $0.30 | $0.36 | +20.0% | $20M | +4.5% |
| Apr 25, 2024 | $0.28 | $0.34 | +21.4% | $20M | +3.5% |
| Mar 29, 2024 | — | $0.34 | — | $35M | — |
| Oct 26, 2023 | $0.37 | $0.33 | -10.8% | $20M | -4.5% |
| Jul 27, 2023 | $0.38 | $0.39 | +2.6% | $21M | -0.2% |
OPBK insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 25, 2026 | OH Sang Kyodirector, officer: Chief Executive Officer | Option | 9,000 | — |
| Jun 12, 2026 | Oh Christine Yoonofficer: Chief Operating Officer | Sell | 1,549 | $14.20 |
| Jun 12, 2026 | Oh Christine Yoonofficer: Chief Operating Officer | Sell | 8,251 | $14.08 |
| Jun 12, 2026 | Oh Christine Yoonofficer: Chief Operating Officer | Sell | 12,018 | $14.29 |
| Jun 9, 2026 | Park Jae H.officer: Chief Risk Officer | Tax | 1,241 | $14.15 |
| Jun 9, 2026 | Park Jae H.officer: Chief Risk Officer | Option | 3,846 | — |
| May 29, 2026 | Kwon Sunnydirector | Option | 2,408 | — |
| May 29, 2026 | SHIN YONG SINdirector | Option | 2,408 | — |
| May 29, 2026 | YOON KI WONdirector | Option | 2,408 | — |
| May 29, 2026 | Kim Hyung Jdirector | Option | 2,408 | — |
| May 29, 2026 | Kim Hyung Jdirector | Grant | 2,134 | — |
| May 29, 2026 | Kwon Sunnydirector | Grant | 2,134 | — |
| May 29, 2026 | KIM MINdirector | Grant | 2,987 | — |
| May 29, 2026 | KIM MINdirector | Option | 3,371 | — |
| May 29, 2026 | SHIN YONG SINdirector | Grant | 2,134 | — |
Source: OPBK SEC Form 4 filings, latest Jun 25, 2026. For informational purposes only — not investment advice.
See the full OPBK insider & 13F page →OP Bancorp company profile
Overview
OP Bancorp (NASDAQ:OPBK) is a regional bank holding company founded in 2005 and headquartered in Los Angeles, California. The company operates through its subsidiary Open Bank, which provides traditional banking services primarily to Korean-American communities and small to medium-sized businesses across California and select markets in Texas, Georgia, Colorado, and Washington. Since going public in 2005, OP Bancorp has established itself as a community-focused financial institution with nine full-service branches and four loan production offices serving diverse commercial and retail banking needs.
Business
OP Bancorp operates in the regional banking industry, providing traditional commercial and retail banking services through its subsidiary Open Bank. Regional banks like OP Bancorp serve as intermediaries between depositors and borrowers, collecting deposits from individuals and businesses and lending those funds to creditworthy borrowers at higher interest rates, earning profit from the interest rate spread. The company's core services include deposit products such as demand accounts, checking and savings accounts, money market accounts, time deposits, and certificates of deposit. These products allow customers to safely store their money while earning modest interest returns. On the lending side, OP Bancorp offers commercial real estate loans, which finance property purchases and development projects for businesses; Small Business Administration (SBA) loans, which are government-backed loans that help small businesses access capital; commercial and industrial loans for business operations and equipment; single-family residential mortgages for home purchases; and various consumer loans for personal needs. Additionally, the bank provides trade financing products and letters of credit, which facilitate international commerce by guaranteeing payments between trading partners. The company also offers modern banking conveniences including debit and credit cards, online banking, mobile banking applications with remote check deposit capabilities, wire transfers, automated clearing house (ACH) services, and comprehensive cash management solutions for business customers including balance reporting, positive pay fraud prevention, and sweep accounts that automatically manage cash balances. OP Bancorp distinguishes itself by serving Korean-American communities and businesses, leveraging cultural understanding and language capabilities to serve this specific market segment effectively.
Revenue model
OP Bancorp generates revenue primarily through net interest income, which is the difference between interest earned on loans and investments and interest paid on deposits and borrowed funds. This traditional banking model depends on maintaining a positive interest rate spread - lending money at higher rates than the cost of funding those loans through customer deposits or wholesale funding sources. The bank's customers include individual consumers seeking deposit accounts and mortgages, small to medium-sized businesses requiring commercial loans and cash management services, and real estate developers needing construction and commercial real estate financing. The Korean-American community represents a significant portion of the customer base, with the bank offering specialized services including Korean-language support and cultural familiarity. Secondary revenue streams include fee-based income from services such as wire transfers, cash management, trade financing, credit card processing, and various banking service charges. SBA lending also generates fee income when loans are sold in the secondary market. Several factors influence OP Bancorp's profitability margins. Interest rate environment significantly impacts net interest margins - rising rates generally benefit banks by increasing loan yields faster than deposit costs, while falling rates compress margins. Credit quality affects profitability through loan loss provisions, with economic downturns potentially increasing defaults and reducing earnings. Competition from larger banks, credit unions, and fintech companies can pressure both deposit rates and loan pricing. Regulatory compliance costs represent ongoing operational expenses that can impact efficiency ratios. Economic conditions in the bank's primary markets, particularly California's economy and Korean-American business activity, directly influence loan demand and credit performance.
Competitive moat
OP Bancorp's competitive moat is relatively narrow, typical of smaller regional banks operating in competitive markets. The company's primary defensive advantage lies in its specialized focus on Korean-American communities, providing cultural understanding, language capabilities, and relationship-based banking that larger institutions may not prioritize. This community banking approach creates some customer loyalty and switching costs, as clients value personalized service and cultural familiarity. However, this moat faces significant challenges. The bank operates in highly competitive California markets where numerous larger banks, credit unions, and fintech companies compete aggressively for deposits and loans. Scale disadvantages limit OP Bancorp's ability to invest in technology, offer competitive rates, or absorb regulatory compliance costs as efficiently as larger competitors. The bank's geographic concentration in California creates vulnerability to regional economic downturns and natural disasters. Digital disruption poses ongoing threats as fintech companies offer convenient banking services without physical branches, potentially eroding the value proposition of community banking relationships. Additionally, interest rate sensitivity makes the bank vulnerable to margin compression during unfavorable rate cycles, while credit concentration in commercial real estate and small business lending creates potential volatility during economic stress periods. The banking industry's commoditized nature means that OP Bancorp's services can be largely replicated by competitors, and regulatory barriers to entry, while present, are not insurmountable for well-capitalized entities seeking to enter the market.
Risks & safety
OP Bancorp demonstrates moderate financial stability with some areas of concern: • Liquidity position: Strong with $135 million in cash and short-term investments as of Q4 2024, representing 5.7% of total assets • Capital adequacy: Reasonable debt-to-equity ratio of 0.50, indicating moderate leverage for a bank • Profitability trends: Declining net income from $33.3 million (2022) to $21.1 million (2024), showing weakening earnings power • Valuation metrics: Trading at reasonable P/E ratio of 11.2x and price-to-book of 1.14x, suggesting fair valuation • Asset quality: Total assets of $2.37 billion with loan portfolio performance requiring monitoring given economic uncertainties • Operational cash flow: Positive $31.3 million for 2024, though volatile across quarters • Regional concentration risk: Heavy exposure to California economy and commercial real estate markets creates cyclical vulnerability • Size constraints: Limited scale compared to larger regional banks may pressure long-term competitiveness
Recent development
Based on available financial data, OP Bancorp has experienced several notable developments over recent years. The bank has maintained its branch network expansion, operating nine full-service branches across California and Texas, with four loan production offices extending its reach into Georgia, Colorado, and Washington markets. This geographic diversification strategy appears designed to reduce dependence on California markets while maintaining focus on Korean-American communities in these regions. The company's financial performance shows mixed trends, with revenue declining from $94.5 million in 2022 to $79.3 million in 2024, while net income decreased from $33.3 million to $21.1 million over the same period. This suggests the bank has faced headwinds from the challenging interest rate environment and competitive pressures affecting many regional banks. OP Bancorp has maintained strong liquidity positions throughout recent periods, with cash and short-term investments representing a significant portion of assets. The bank appears to have focused on maintaining credit quality and prudent risk management during uncertain economic conditions, though specific strategic initiatives regarding technology investments, digital banking enhancements, or new product offerings are not clearly evident from available financial data.
OPBK company profile · for informational purposes only — not investment advice.
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