OP Bancorp (NASDAQ:OPBK) Issues Quarterly Earnings Results

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

OP Bancorp Trading Down 0.1 %

NASDAQ OPBK traded down $0.02 on Thursday, hitting $15.77. 36,076 shares of the stock were exchanged, compared to its average volume of 23,797. OP Bancorp has a 52-week low of $8.91 and a 52-week high of $18.57. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market capitalization of $233.55 million, a price-to-earnings ratio of 11.26 and a beta of 0.66. The company’s 50-day moving average price is $16.33 and its two-hundred day moving average price is $13.96.

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.