OP Bancorp (NASDAQ:OPBK – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.36 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.03, Zacks reports. The company had revenue of $39.54 million for the quarter. OP Bancorp had a return on equity of 10.92% and a net margin of 14.52%.
OP Bancorp Trading Up 2.5 %
Shares of OP Bancorp stock traded up $0.35 on Friday, reaching $14.18. 30,501 shares of the company’s stock were exchanged, compared to its average volume of 27,470. The company has a market capitalization of $211.57 million, a P/E ratio of 10.27 and a beta of 0.63. OP Bancorp has a 52 week low of $8.30 and a 52 week high of $14.38. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.01 and a current ratio of 1.02. The firm’s 50-day moving average is $12.61 and its two-hundred day moving average is $11.01.
Insider Buying and Selling
In related news, insider Ki Won Yoon sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 14th. The stock was sold at an average price of $12.18, for a total transaction of $60,900.00. Following the transaction, the insider now directly owns 47,137 shares of the company’s stock, valued at approximately $574,128.66. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 21.34% of the stock is owned by insiders.
Analysts Set New Price Targets
Read Our Latest Analysis on OP Bancorp
About OP Bancorp
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.
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