Welcome to our dedicated page for OP Bancorp news (Ticker: OPBK), a resource for investors and traders seeking the latest updates and insights on OP Bancorp stock.
OP Bancorp reports news as the holding company for Open Bank, a commercial bank serving small- and medium-sized businesses, professionals, and local residents with a focus on Korean and other Asian communities. Company updates commonly cover quarterly earnings, net interest income, net interest margin, loan balances, provision for credit losses, noninterest expense, efficiency ratio, and credit quality across its banking markets in California, Texas, and Nevada.
Recurring corporate news also includes common-stock dividends, share repurchase authorization, and bank capital actions such as subordinated debt issuance. These announcements connect OPBK’s operating results with balance-sheet growth, capital management, and shareholder-return decisions.
OP Bancorp (NASDAQ: OPBK) reported second quarter 2026 net income of $8.0 million and diluted EPS of $0.53, up from $7.2 million and $0.48 in first quarter 2026 and $6.3 million and $0.42 in second quarter 2025. Revenue (net interest income plus noninterest income) was $25.7 million, compared with $24.6 million in the prior quarter and $23.7 million a year earlier.
Results reflected a $0.1 million reversal of provision for credit losses driven by payoff of a previously reserved nonaccrual CRE loan, and a strong rise in noninterest income to $5.7 million, up 40% quarter over quarter and 42% year over year on higher SBA loan sale gains. Net interest margin declined to 3.08%, and total noninterest expense rose to $14.8 million. Average loans and deposits each increased about 1% sequentially. Credit quality metrics remained stable, with net charge-offs at 0.03% of average loans and an allowance equal to 1.24% of gross loans. ROAA was 1.18% and ROAE 13.61%, while book value per share rose to $15.99 and the CET1 ratio stood at 10.98%.
OP Bancorp (NASDAQ: OPBK), holding company of Open Bank, 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.
OP Bancorp (NASDAQ: OPBK) declared a quarterly cash dividend of $0.14 per share, payable on or about May 21, 2026 to shareholders of record at the close of business on May 7, 2026. This payment represents a 17% increase from the prior quarterly dividend of $0.12 per share.
OP Bancorp (NASDAQ: OPBK) reported 1Q2026 net income of $7.2 million and diluted EPS of $0.48, versus $7.0 million and $0.47 in 4Q2025 and $5.6 million and $0.37 in 1Q2025. Revenue was $24.6 million, net interest margin 3.19%, and provision for credit losses totaled $0.4 million.
Average loans rose to $2.227 billion, average deposits to $2.300 billion, book value per share increased to $15.62, and CET1 remained near 10.8%.
OP Bancorp (NASDAQ: OPBK) announced its Board of Directors declared a quarterly cash dividend of $0.12 per share. The dividend is payable on or about February 19, 2026 to shareholders of record as of the close of business on February 5, 2026.
OP Bancorp (NASDAQ: OPBK) reported 4Q2025 net income $7.1 million and diluted EPS $0.47, up from $6.7 million / $0.45 in 3Q2025 and $5.0 million / $0.33 in 4Q2024. Net interest income was $20.863 million (up 3% QoQ) and net interest margin was 3.25%. Provision for credit losses fell 61% QoQ to $463 thousand. Revenue totaled $24.281 million and noninterest income was $3.418 million. Average loans were $2.204 billion (+3% QoQ) and average deposits were $2.265 billion (+2% QoQ). Return on average assets was 1.07%, ROE 12.57%, and CET1 capital was 10.93%.
OP Bancorp (Nasdaq: OPBK) completed a private placement of $25.0 million principal amount of fixed-to-floating subordinated notes due November 15, 2035, issued November 7, 2025.
The Note pays a fixed 7.50% per annum through the Reset Date (Nov 15, 2030), then resets quarterly to three-month SOFR + 411 bps; interest is payable semi-annually until the Reset Date and quarterly thereafter. The Company may redeem the Note, in whole or part, at any time after the Reset Date subject to regulatory approvals. The Note was structured to qualify as Tier 2 capital, and net proceeds will be used for general corporate purposes, including strengthening the Bank’s regulatory capital and supporting growth. Raymond James served as placement agent; Buchalter was legal counsel.
OP Bancorp (NASDAQ: OPBK) declared a quarterly cash dividend of $0.12 per share. The dividend is payable on or about November 20, 2025 to shareholders of record at the close of business on November 6, 2025.
This action returns cash to common shareholders and establishes the payment and record dates for investors planning to hold shares through the record date to receive the distribution.
OP Bancorp (NASDAQ: OPBK) reported 3Q2025 net income $6.7M and diluted EPS $0.45 on October 23, 2025. Revenue was $24.5M and net interest income was $20.3M, with net interest margin expanding to 3.26%. Average loans rose to $2.13B and average deposits were $2.23B. Provision for credit losses totaled $1.175M. Noninterest expense improved, lowering the efficiency ratio to 55.68%. Return on average assets was 1.04% and CET1 capital was 10.92%.
OP Bancorp (NASDAQ: OPBK), the holding company of Open Bank, has announced that its Board of Directors has approved a new stock repurchase program authorizing the buyback of up to 700,000 shares of its common stock.
The repurchase program will be conducted under Rule 10b-18 of the Securities Exchange Act of 1934, with purchases potentially made through open market transactions at prevailing prices or through privately negotiated transactions. The company maintains discretion over the timing, number, and value of shares to be repurchased, with the ability to suspend or terminate the program at any time.