Origin Bancorp Financials
This page shows Origin Bancorp (OBK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Origin’s recent story is a capital rebuild: leverage is easing while a nearly unchanged asset base keeps producing cash.
From FY2022 to FY2025, total assets stayed near$9.7B while equity capital climbed from$950M to$1.25B and debt-to-equity fell from 9.2x to 6.8x. That points to a bank using retained earnings to thicken its loss-absorbing buffer rather than stretching the balance sheet for growth, which helps explain why ROE compressed to6.0% even with profits still positive.
Cash conversion looks stronger than net income alone suggests: in FY2025, operating cash flow reached
FY2025 reads as stabilization rather than expansion: revenue softened, but interest expense dropped from
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Origin Bancorp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Origin Bancorp's revenue declined 4.7% year-over-year, from $564.6M to $538.0M. This contraction results in a growth score of 36/100.
Origin Bancorp has elevated debt relative to equity (D/E of 6.80), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Origin Bancorp converts 28.1% of revenue into free cash flow ($151.1M). This strong cash generation earns a score of 81/100.
Origin Bancorp generates a 6.0% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 26/100. This is down from 6.7% the prior year.
Origin Bancorp passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Origin Bancorp generates $2.11 in operating cash flow ($158.9M OCF vs $75.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Origin Bancorp generated $538.0M in revenue in fiscal year 2025. This represents a decrease of 4.7% from the prior year.
Origin Bancorp reported $75.2M in net income in fiscal year 2025. This represents a decrease of 1.7% from the prior year.
Origin Bancorp earned $2.40 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 2.0% from the prior year.
Cash & Balance Sheet
Origin Bancorp generated $151.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 74.8% from the prior year.
Origin Bancorp held $424.2M in cash against $0 in long-term debt as of fiscal year 2025.
Origin Bancorp paid $0.60 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.
Origin Bancorp had 31M shares outstanding in fiscal year 2025. This represents a decrease of 0.7% from the prior year.
Margins & Returns
Origin Bancorp's net profit margin was 14.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.4 percentage points from the prior year.
Origin Bancorp's ROE was 6.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.6 percentage points from the prior year.
Capital Allocation
Origin Bancorp spent $15.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Origin Bancorp invested $7.9M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 64.3% from the prior year.
OBK Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $131.3M-2.5% | $134.6M-1.1% | $136.1M+1.1% | $134.6M+1.6% | $132.5M-5.2% | $139.8M-3.1% | $144.3M+1.7% | $141.8M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $38.4M+3.7% | $37.0M-2.2% | $37.9M-1.1% | $38.3M+1.5% | $37.7M+3.6% | $36.4M-5.4% | $38.5M+1.0% | $38.1M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $44.1M-8.1% | $48.0M-8.6% | $52.4M-0.1% | $52.5M-2.9% | $54.1M-12.0% | $61.5M-11.5% | $69.5M+2.3% | $67.9M |
| Income Tax | $7.6M-4.4% | $7.9M+236.0% | $2.4M-41.2% | $4.0M-34.6% | $6.1M+64.8% | $3.7M-26.5% | $5.1M-11.8% | $5.7M |
| Net Income | $27.7M-6.2% | $29.5M+242.3% | $8.6M-41.1% | $14.6M-34.6% | $22.4M+57.0% | $14.3M-23.3% | $18.6M-11.4% | $21.0M |
| EPS (Diluted) | $0.89 | N/A | $0.27-42.6% | $0.47-33.8% | $0.71 | N/A | $0.60-10.4% | $0.67 |
OBK Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $10.2B+4.8% | $9.7B-0.7% | $9.8B+1.2% | $9.7B-0.7% | $9.8B+0.7% | $9.7B-2.9% | $10.0B+0.2% | $9.9B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $666.2M+57.0% | $424.2M-32.3% | $626.9M+87.6% | $334.1M-31.3% | $486.2M+3.4% | $470.2M+46.4% | $321.2M+11.5% | $288.1M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $128.7M0.0% | $128.7M0.0% | $128.7M0.0% | $128.7M0.0% | $128.7M0.0% | $128.7M0.0% | $128.7M0.0% | $128.7M |
| Total Liabilities | $8.9B+5.3% | $8.5B-1.1% | $8.6B+1.2% | $8.5B-1.1% | $8.6B+0.4% | $8.5B-3.3% | $8.8B-0.3% | $8.9B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $1.3B+1.1% | $1.2B+2.6% | $1.2B+0.7% | $1.2B+2.2% | $1.2B+3.1% | $1.1B0.0% | $1.1B+4.5% | $1.1B |
| Retained Earnings | $633.9M+3.5% | $612.5M+4.2% | $588.1M+0.5% | $585.4M+1.7% | $575.6M+3.2% | $557.9M+1.7% | $548.4M+2.6% | $534.6M |
OBK Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $52.9M+21.8% | $43.4M-26.8% | $59.3M+187.4% | $20.6M-42.0% | $35.6M+19.0% | $29.9M-24.5% | $39.6M+232.7% | $11.9M |
| Capital Expenditures | $5.0M+39.5% | $3.6M+40.8% | $2.5M+146.6% | $1.0M+36.1% | $753K-86.2% | $5.4M-25.7% | $7.3M+36.7% | $5.4M |
| Free Cash Flow | $47.9M+20.2% | $39.9M-29.8% | $56.8M+189.6% | $19.6M-43.7% | $34.8M+42.5% | $24.4M-24.2% | $32.2M+393.6% | $6.5M |
| Investing Cash Flow | -$244.2M-67.4% | -$145.9M-194.8% | $153.9M+341.7% | -$63.7M-9.7% | -$58.0M-114.3% | $404.6M+1173.1% | $31.8M+174.3% | -$42.8M |
| Financing Cash Flow | $433.3M+532.3% | -$100.2M-225.9% | $79.6M+173.0% | -$109.0M-383.8% | $38.4M+113.5% | -$285.5M-646.9% | -$38.2M-239.3% | $27.4M |
| Dividends Paid | $4.7M0.0% | $4.7M0.0% | $4.7M-0.7% | $4.7M-0.5% | $4.8M+1.6% | $4.7M-0.9% | $4.7M+1.0% | $4.7M |
| Share Buybacks | $6.8M+256.9% | $1.9M-79.9% | $9.5M+117.0% | $4.4M | $0 | $0 | $0 | N/A |
OBK Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 21.1%-0.8pp | 21.9%+15.6pp | 6.3%-4.5pp | 10.9%-6.0pp | 16.9%+6.7pp | 10.2%-2.7pp | 12.9%-1.9pp | 14.8% |
| Return on Equity | 2.2%-0.2pp | 2.4%+1.7pp | 0.7%-0.5pp | 1.2%-0.7pp | 1.9%+0.6pp | 1.3%-0.4pp | 1.6%-0.3pp | 1.9% |
| Return on Assets | 0.3%-0.0pp | 0.3%+0.2pp | 0.1%-0.1pp | 0.1%-0.1pp | 0.2%+0.1pp | 0.1%-0.0pp | 0.2%-0.0pp | 0.2% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 7.08+0.3 | 6.80-0.3 | 7.06+0.0 | 7.03-0.2 | 7.26-0.2 | 7.45-0.2 | 7.70-0.4 | 8.08 |
| FCF Margin | 36.5%+6.9pp | 29.6%-12.1pp | 41.7%+27.1pp | 14.6%-11.7pp | 26.3%+8.8pp | 17.5%-4.9pp | 22.4%+17.7pp | 4.6% |
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Frequently Asked Questions
What is Origin Bancorp's annual revenue?
Origin Bancorp (OBK) reported $538.0M in total revenue for fiscal year 2025. This represents a -4.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Origin Bancorp's revenue growing?
Origin Bancorp (OBK) revenue declined by 4.7% year-over-year, from $564.6M to $538.0M in fiscal year 2025.
Is Origin Bancorp profitable?
Yes, Origin Bancorp (OBK) reported a net income of $75.2M in fiscal year 2025, with a net profit margin of 14.0%.
What is Origin Bancorp's net profit margin?
Origin Bancorp (OBK) had a net profit margin of 14.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Origin Bancorp pay dividends?
Yes, Origin Bancorp (OBK) paid $0.60 per share in dividends during fiscal year 2025.
What is Origin Bancorp's return on equity (ROE)?
Origin Bancorp (OBK) has a return on equity of 6.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Origin Bancorp's free cash flow?
Origin Bancorp (OBK) generated $151.1M in free cash flow during fiscal year 2025. This represents a 74.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Origin Bancorp's operating cash flow?
Origin Bancorp (OBK) generated $158.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Origin Bancorp's total assets?
Origin Bancorp (OBK) had $9.7B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Origin Bancorp's capital expenditures?
Origin Bancorp (OBK) invested $7.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Origin Bancorp's debt-to-equity ratio?
Origin Bancorp (OBK) had a debt-to-equity ratio of 6.80 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Origin Bancorp's return on assets (ROA)?
Origin Bancorp (OBK) had a return on assets of 0.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Origin Bancorp's Piotroski F-Score?
Origin Bancorp (OBK) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Origin Bancorp's earnings high quality?
Origin Bancorp (OBK) has an earnings quality ratio of 2.11x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Origin Bancorp?
Origin Bancorp (OBK) scores 24 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.