OP Bancorp (OPBK)

OP Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	129.57	124.36	110.46	82.86	62.45	51.83
Interest Income on Investments	13.31	13.26	11.2	5.35	1.71	1.83
Total Interest Income	142.87	137.62	121.67	88.21	64.16	53.66
Interest Paid on Deposits	69.19	68.12	49.44	11.21	3.13	8.29
Interest Paid on Borrowings	3.11	3.89	3.54	0.09	-	-
Total Interest Expense	72.3	72.01	52.98	11.3	3.13	8.29
Net Interest Income	70.57	65.61	68.69	76.91	61.03	45.36
Net Interest Income Growth (YoY)	7.39%	-4.48%	-10.69%	26.03%	34.52%	2.47%
Gain (Loss) on Sale of Investments	0.08	-0.03	0.05	-0.43	-	0.08
Other Non-Interest Income	5.74	4.89	4.17	4.09	3.25	3.17
Total Non-Interest Income	17.44	16.43	14.18	17.62	16.02	10.77
Non-Interest Income Growth (YoY)	24.13%	15.84%	-19.51%	10.00%	48.70%	5.33%
Revenues Before Loan Losses	88.02	82.04	82.87	94.53	77.04	56.14
Provision for Loan Losses	3.94	2.76	1.65	2.98	0.52	5.96
Revenue	84.08	79.28	81.22	91.55	76.52	50.17
Revenue Growth (YoY)	9.17%	-2.39%	-11.29%	19.65%	52.51%	-6.03%
Salaries and Employee Benefits	33.3	30.53	28.3	26.01	20.7	18.94
Occupancy Expenses	3.19	3.34	3.37	3.06	2.61	2.47
Federal Deposit Insurance	1.91	1.67	1.46	0.81	0.58	0.45
Selling, General & Administrative	8.89	9.47	9.4	9.01	7.63	7.55
Other Non-Interest Expense	4.2	3.08	2.81	2.54	1.46	1.19
Total Non-Interest Expense	53.7	50.2	47.73	44.83	35.87	31.94
EBT Excluding Unusual Items	30.37	29.08	33.49	46.72	40.66	18.23
Pretax Income	30.37	29.08	33.49	46.72	40.66	18.23
Income Tax Expense	8.07	8.01	9.57	13.41	11.82	5.11
Net Income	22.3	21.07	23.92	33.31	28.84	13.13
Preferred Dividends & Other Adjustments	0.3	0.38	0.48	0.7	0.33	0.2
Net Income to Common	22	20.69	23.44	32.61	28.51	12.93
Net Income Growth	6.42%	-11.91%	-28.20%	15.50%	119.70%	-21.66%
Basic Shares Outstanding	15	15	15	15	15	15
Diluted Shares Outstanding	15	15	15	15	15	15
Shares Change (YoY)	-1.12%	-1.89%	-0.48%	0.50%	-0.45%	-4.46%
EPS (Basic)	1.48	1.39	1.55	2.15	1.89	0.85
EPS (Diluted)	1.48	1.39	1.55	2.14	1.88	0.85
EPS Growth	8.15%	-10.17%	-27.69%	13.83%	121.18%	-17.48%
Dividend Per Share	0.480	0.480	0.480	0.440	0.340	0.280
Dividend Growth	-	-	9.09%	29.41%	21.43%	40.00%
Effective Tax Rate	26.58%	27.55%	28.58%	28.71%	29.06%	28.01%

Updated May 9, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q