OP Bancorp Q3 net income $8.7M, EPS $0.55; dividend raised 20% to $0.12/share

OP Bancorp

2022-Q3 EPS reported $1.62 revenue$1,269,000

Net income of $8.7M, up 5% YoY; diluted EPS $0.55 vs $0.54.
Net interest income $20.3M (+23%); net interest margin 4.31% (up from 4.21%).
Total loans $1.65B (+25%); total deposits $1.82B (+21%).
Quarterly dividend increased 20% to $0.12/share, payable Nov 24 to holders of record Nov 10.
CET1 ratio 11.92%; nonperforming loans only 0.14% of gross loans.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

OP Bancorp reported the third quarter ended September 30, 2022 results: net income $8.7 million, EPS $0.55.

Period: the third quarter ended September 30, 2022
Net income: $8.7 million
EPS: $0.55
Result: preliminary results

Exact text from the filing

OP BANCORP REPORTS NET INCOME FOR 2022 THIRD QUARTER OF $8.7 MILLION AND DILUTED EARNINGS PER SHARE OF $0.55

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Source: SEC EDGAR

accession 0001628280-22-027286

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