Company research
OP Bancorp
CIK 1722010Updated Sep 24, 2026
SecurityOPBK · NASDAQ · equity
OPBK price & chart
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NASDAQ:OPBK on TradingView ↗About the company
OP Bancorp, the holding company for Open Bank (the “Bank”), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, “OPBK.” The Bank operates general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Texas, and Clark County in Nevada, serving small- and medium-sized businesses, professionals, and local residents with a particular focus on Korean and other Asian communities. The Bank currently operates twelve full-service branch offices in Downtown Los Angeles, Los Angeles Fashion District, Los Angeles Koreatown, Cerritos, Gardena, Buena Park, Garden Grove and Santa Clara, California, Carrollton, Texas and Las Vegas, Nevada. The Bank also has one loan production office in Bellevue, Washington. The Bank commenced its operations on June 10, 2005 as First Standard Bank and changed its name to Open Bank in October 2010. Its headquarters is located at 1000 Wilshire Blvd., Suite 500, Los Angeles, California 90017. Phone 213.892.9999; www.myopenbank.com.
In the news
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Recent filings
10-Q filing
Results of Operations and Financial Condition · Regulation FD Disclosure · Other Events
Items 2.02, 7.01, 8.01
4 filing
144 filing
Submission of Matters to a Vote of Security Holders
Items 5.07
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 2,650,226,000Source | 2,366,013,000Source | 2,147,730,000Source | 2,094,497,000Source |
| Property, Plant and Equipment, NetUSD | 5,744,000Source | 5,449,000Source | 5,248,000Source | 4,400,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 167,311,000Source | 134,943,000Source | 91,216,000Source | 82,972,000Source |
| Operating Lease, Right-of-Use AssetUSD | 8,804,000Source | 7,415,000Source | 8,497,000Source | 9,097,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 2,422,333,000Source | 2,161,020,000Source | 1,955,104,000Source | 1,917,581,000Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 73,018,000Source | 73,697,000Source | 76,280,000Source | 79,326,000Source |
| Retained Earnings (Accumulated Deficit)USD | 153,283,000Source | 134,781,000Source | 120,855,000Source | 105,690,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -10,257,000Source | -15,413,000Source | -15,451,000Source | -17,843,000Source |
| Stockholders' Equity Attributable to ParentUSD | 227,893,000Source | 204,993,000Source | 192,626,000Source | 176,916,000Source |
| Additional Paid in Capital, Common StockUSD | 11,849,000Source | 11,928,000Source | 10,942,000Source | 9,743,000Source |
| Liabilities and EquityUSD | 2,650,226,000Source | 2,366,013,000Source | 2,147,730,000Source | 2,094,497,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 699,000Source | 1,183,000Source | 1,297,000Source | 1,179,000Source |
| Deferred Income Tax Expense (Benefit)USD | 81,000Source | -1,600,000Source | 626,000Source | 1,081,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 26,161,000Source | 31,344,000Source | 67,842,000Source | 83,734,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -243,012,000Source | -187,421,000Source | -75,972,000Source | -461,777,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 2,801,000Source | 1,562,000Source | 2,184,000Source | 1,412,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 778,000Source | 197,000Source | 98,000Source | 81,000Source |
| Payments for Repurchase of Common StockUSD | 706,000Source | 2,743,000Source | 3,934,000Source | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 249,219,000Source | 199,804,000Source | 16,374,000Source | 345,556,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 7,133,000Source | 7,143,000Source | 7,269,000Source | 6,676,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 32,368,000Source | 43,727,000Source | 8,244,000Source | -32,487,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 167,311,000Source | 134,943,000Source | 91,216,000Source | 82,972,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 73,452,000Source | 68,573,000Source | 43,121,000Source | 9,088,000Source |
| Income Taxes Paid, NetUSD | 7,469,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | 1,200,000Source | 1,300,000Source | 1,200,000Source |
| DepreciationUSD | 1,400,000Source | 1,400,000Source | 1,300,000Source | 1,400,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | 3,666,000Source | 2,913,000Source | 1,582,000Source | 3,181,000Source |
| Gain (Loss) on Disposition of Other AssetsUSD | — | — | — | 0Source |
| Gain (Loss) on Sales of Loans, NetUSD | 7,070,000Source | 8,313,000Source | 7,843,000Source | 12,285,000Source |
| Income Tax Expense (Benefit)USD | 9,692,000Source | 8,010,000Source | 9,573,000Source | 13,414,000Source |
| Marketable Securities, Unrealized Gain (Loss)USD | 114,000Source | -32,000Source | 48,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | 25,635,000Source | 21,069,000Source | 23,918,000Source | 33,310,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 25,635,000Source | 20,694,000Source | 23,442,000Source | 32,606,000Source |
| Operating Lease, ExpenseUSD | 3,100,000Source | 3,300,000Source | 3,100,000Source | 2,900,000Source |
| Other Interest and Dividend IncomeUSD | 7,142,000Source | 7,032,000Source | 5,071,000Source | 1,997,000Source |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-saleUSD | 30,720,000Source | 27,671,000Source | 24,368,000Source | 32,191,000Source |
| Proceeds from Stock Options ExercisedUSD | 0Source | 160,000Source | 888,000Source | 608,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 3,580,000Source | 2,757,000Source | 1,651,000Source | 2,976,000Source |
| Financing Receivable, Credit Loss, Expense (Reversal)USD | 3,580,000Source | 2,757,000Source | 1,651,000Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 3,204,000Source | 3,261,000Source | 2,123,000Source | 1,675,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 35,327,000Source | 29,079,000Source | 33,491,000Source | 46,724,000Source |
| Income Tax Expense (Benefit)USD | 9,692,000Source | 8,010,000Source | 9,573,000Source | 13,414,000Source |
| Net Income (Loss) Attributable to ParentUSD | 25,635,000Source | 21,069,000Source | 23,918,000Source | 33,310,000Source |
| Earnings Per Share, BasicUSD per share | 1.72Source | 1.39Source | 1.55Source | 2.15Source |
| Earnings Per Share, DilutedUSD per share | 1.72Source | 1.39Source | 1.55Source | 2.14Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 14,872,429Source | 14,871,876Source | 15,149,597Source | 15,171,240Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 14,906,054Source | 14,871,876Source | 15,158,857Source | 15,231,418Source |
| Additional Financial Items | ||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.48Source | 0.48Source | 0.48Source | 0.44Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 7,264,000Source | 1,361,000Source | 1,336,000Source | 1,367,000Source |
| FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalUSD | 3,666,000Source | 2,913,000Source | 1,582,000Source | 3,181,000Source |
| Interest ExpenseUSD | — | — | 52,978,000Source | 11,301,000Source |
| InterestExpenseOperatingUSD | 71,980,000Source | 72,012,000Source | — | — |
| Interest Income (Expense), NetUSD | 78,348,000Source | 65,608,000Source | 68,687,000Source | 76,911,000Source |
| Labor and Related ExpenseUSD | 35,987,000Source | 31,717,000Source | 29,593,000Source | 27,189,000Source |
| Marketing and Advertising ExpenseUSD | 505,000Source | 533,000Source | 614,000Source | 543,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 25,635,000Source | 20,694,000Source | 23,442,000Source | 32,606,000Source |
| Operating Lease, ExpenseUSD | 3,100,000Source | 3,300,000Source | 3,100,000Source | 2,900,000Source |
| Other Interest and Dividend IncomeUSD | 7,142,000Source | 7,032,000Source | 5,071,000Source | 1,997,000Source |
Filing attachments
opbk8-kerx2026xq2xex991.htm · 8-K · 2026-07-23
EX-99.1 2 opbk8-kerx2026xq2xex991.htm EX-99.1 Document News Release OP Bancorp Reports Second Quarter 2026 Net Income of $8.0 Million, Diluted EPS of $0.53 compared with first quarter 2026 net income of $7.2 million, diluted EPS of $0.48, and second quarter 2025 net income of $6.3 million, diluted EPS of $0.42 Revenue growth; reversal of provision for credit losses; improved operating effi…
Read attachment ↗opbk8-kerx2026xq2xex992.htm · 8-K · 2026-07-23
EX-99.2 3 opbk8-kerx2026xq2xex992.htm EX-99.2 Document Exhibit 99.2 OP Bancorp Declares Quarterly Cash Dividend of $0.14 per Share LOS ANGELES, July 23, 2026 - OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that its Board of Directors declared a quarterly cash dividend of $0.14 per share. The dividend is payable on or about August 20, 2026 to shareholders of record as of the close of business on August 6, 2026. About OP Bancorp …
Read attachment ↗opbk8-kerx2026xq1xex991.htm · 8-K · 2026-04-23
EX-99.1 2 opbk8-kerx2026xq1xex991.htm EX-99.1 Document News Release OP Bancorp Reports First Quarter 2026 Net Income of $7.2 Million, Diluted EPS of $0.48 compared with Fourth quarter 2025 net income of $7.0 million, diluted EPS of $0.47, and first quarter 2025 net income of $5.6 million, diluted EPS of $0.37 Higher revenue; improved operating efficiency Los Angeles, CA (April 23, 2026) - …
Read attachment ↗opbk8-kerx2026xq1xex992.htm · 8-K · 2026-04-23
EX-99.2 3 opbk8-kerx2026xq1xex992.htm EX-99.2 Document Exhibit 99.2 OP Bancorp Declares Quarterly Cash Dividend of $0.14 per Share LOS ANGELES, April 23, 2026 - OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that its Board of Directors declared a quarterly cash dividend of $0.14 per share, representing a 17% increase from the prior quarterly dividend of $0.12 per share, on its common stock. The dividend is payable on or about May …
Read attachment ↗opbk8-kerx2025xq4xex991.htm · 8-K · 2026-01-22
EX-99.1 2 opbk8-kerx2025xq4xex991.htm EX-99.1 Document News Release OP Bancorp Reports Fourth Quarter 2025 Net Income of $7.1 Million, Diluted EPS of $0.47 compared with third quarter 2025 net income of $6.7 million, diluted EPS of $0.45, and fourth quarter 2024 net income of $5.0 million, diluted EPS of $0.33 Higher net interest income; lower provision for credit losses Los Angeles, CA (…
Read attachment ↗opbk8-kerx2025xq4xex992.htm · 8-K · 2026-01-22
EX-99.2 3 opbk8-kerx2025xq4xex992.htm EX-99.2 Document Exhibit 99.2 OP Bancorp Declares Quarterly Cash Dividend of $0.12 per Share LOS ANGELES, January 22, 2026 - OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about February 19, 2026 to shareholders of record as of the close of business on February 5…
Read attachment ↗