OP Bancorp (NASDAQ:OPBK) Issues Earnings Results, Misses Expectations By $0.03 EPS

OP Bancorp (NASDAQ:OPBK) posted its quarterly earnings data on Thursday. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03), Zacks reports. OP Bancorp had a net margin of 14.18% and a return on equity of 10.81%.

OP Bancorp Stock Down 0.1 %

NASDAQ:OPBK traded down $0.02 on Thursday, reaching $15.77. The stock had a trading volume of 36,076 shares, compared to its average volume of 23,797. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37. The company has a 50-day moving average of $16.33 and a 200 day moving average of $13.96. The stock has a market cap of $233.55 million, a P/E ratio of 11.26 and a beta of 0.66. OP Bancorp has a 12-month low of $8.91 and a 12-month high of $18.57.

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 certificates of deposit. The company also provides commercial real estate, small business administration, commercial and industrial business, single-family residential, term, consumer, and home mortgage loans; trade financing products; and letters of credit, and SWIFT and export advice.