$0.52 Earnings Per Share Expected for OP Bancorp (NASDAQ:OPBK) This Quarter

Wall Street brokerages expect OP Bancorp (NASDAQ:OPBKGet Rating) to report earnings of $0.52 per share for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for OP Bancorp’s earnings. OP Bancorp posted earnings of $0.33 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 57.6%. The firm is scheduled to announce its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that OP Bancorp will report full-year earnings of $2.22 per share for the current financial year. For the next financial year, analysts forecast that the company will report earnings of $2.30 per share. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for OP Bancorp.

OP Bancorp (NASDAQ:OPBKGet Rating) last issued its quarterly earnings results on Thursday, January 27th. The company reported $0.59 earnings per share (EPS) for the quarter. OP Bancorp had a return on equity of 18.53% and a net margin of 35.99%. The company had revenue of $24.39 million for the quarter.

Shares of OPBK stock traded up $0.01 during mid-day trading on Friday, hitting $13.50. 22,039 shares of the stock traded hands, compared to its average volume of 52,293. OP Bancorp has a twelve month low of $9.51 and a twelve month high of $14.86. The firm has a market cap of $204.39 million, a price-to-earnings ratio of 7.18 and a beta of 0.52. The company’s 50-day simple moving average is $13.61 and its 200-day simple moving average is $12.83.

The company also recently declared a quarterly dividend, which was paid on Thursday, February 24th. Stockholders of record on Thursday, February 10th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.96%. The ex-dividend date of this dividend was Wednesday, February 9th. OP Bancorp’s dividend payout ratio (DPR) is presently 21.28%.

About OP Bancorp (Get Rating)

OP Bancorp operates as a bank holding company, which engages in the provision of general commercial banking services through its subsidiary. It offers deposit, lending, online banking, cash management, e-statements, mobile banking, zelle, and wire transfer services. The firm serves the small- and medium-sized businesses, professionals, and residents primarily Korean and other ethnic minority communities.

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