---
schema_version: "secwatch.filing_event.v1"
accession: "0001722010-26-000009"
form_type: "8-K"
ticker: "OPBK"
cik: "0001722010"
company_name: "OP Bancorp"
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:35:27.261835+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# OP Bancorp posts Q1 net income $7.2M, EPS $0.48; dividend raised 17%

## Summary
- Net income $7.2M, diluted EPS $0.48, vs $7.0M/$0.47 in Q4 2025 and $5.6M/$0.37 in Q1 2025.
- Revenue $24.6M, up 1% from Q4; net interest margin 3.19% vs 3.25% in Q4.
- Quarterly dividend increased 17% to $0.14/share (prev. $0.12), payable May 21 to holders of record May 7.
- Nonperforming loans rose to $18.3M (0.82% of gross loans), driven by one CRE relationship expected to resolve in Q2.
- Allowance for credit losses on loans stable at 1.27%; net charge-offs negligible at (0.01)% annualized.

## SEC filing metadata
- accession: 0001722010-26-000009
- form_type: 8-K
- ticker: OPBK
- cik: 0001722010
- company_name: OP Bancorp
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1722010/000172201026000009/0001722010-26-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1722010/000172201026000009/opbk-20260423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001722010-26-000009
- JSON: https://secwatch.observer/filing/0001722010-26-000009.json
- Plain text: https://secwatch.observer/filing/0001722010-26-000009.txt

## Key facts
- Earnings Releases
  OP Bancorp reported first quarter ended March 31, 2026 results: revenue 24,555, net income $ 7,234, EPS $ 0.48.
  - Period: first quarter ended March 31, 2026
  - Revenue: 24,555
  - Net income: $ 7,234
  - EPS: $ 0.48
  - Result: reported results
  source text: ($ in thousands, except per share data) As of and For the Quarter First Quarter Highlights 1Q2026 4Q2025 1Q2025 Comparisons reflect 1Q26 vs. 4Q25 Income Statement: Income Statement Net interest income $ 20,523 $ 20,863 $ 17,418 • Revenue continued to grow. • Net income increased 3%, benefiting from higher revenue and reductions in both provision and noninterest expenses. • Diluted EPS improved modestly by $0.01. Noninterest income 4,032 3,418 4,816 Revenue 24,555 24,281 22,234 Provision for credit losses 412 463 736 Noninterest expense 14,233 14,293 13,814 Net income $ 7,234 $ 7,038 $ 5,560 Diluted Earnings Per Share (“EPS”) $ 0.48 $ 0.47 $ 0.37
  evidence_url: https://www.sec.gov/Archives/edgar/data/1722010/000172201026000009/0001722010-26-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.