Wall Street brokerages predict that OP Bancorp (NASDAQ:OPBK) will report earnings of $0.30 per share for the current fiscal quarter, according to Zacks. Zero analysts have provided estimates for OP Bancorp’s earnings. OP Bancorp posted earnings of $0.16 per share in the same quarter last year, which suggests a positive year over year growth rate of 87.5%. The firm is expected to report its next quarterly earnings report on Thursday, July 22nd.
According to Zacks, analysts expect that OP Bancorp will report full year earnings of $1.34 per share for the current financial year. For the next fiscal year, analysts expect that the business will report earnings of $1.33 per share. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for OP Bancorp.
OP Bancorp (NASDAQ:OPBK) last released its earnings results on Thursday, April 22nd. The company reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.08. OP Bancorp had a return on equity of 10.48% and a net margin of 23.23%. The company had revenue of $15.72 million for the quarter.
The firm also recently announced a quarterly dividend, which was paid on Thursday, May 20th. Shareholders of record on Thursday, May 6th were paid a dividend of $0.07 per share. The ex-dividend date was Wednesday, May 5th. This represents a $0.28 annualized dividend and a yield of 2.83%. OP Bancorp’s dividend payout ratio (DPR) is presently 32.94%.
OP Bancorp Company Profile
OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California. It offers demand, checking, savings, money market, and time deposit accounts, as well as certificate of deposits. The company also provides commercial real estate, small business administration, commercial and industrial business, single-family residential, term, and consumer loans; trade financing products; letters of credit, and SWIFT and export advice; and home mortgage loans.
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