secwatch.observer — SEC 8-K summary
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Issuer:     OP Bancorp (OPBK)
CIK:        0001722010
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001722010-26-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1722010/000172201026000009/0001722010-26-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1722010/000172201026000009/opbk-20260423.htm
  HTML page:      https://secwatch.observer/filing/0001722010-26-000009

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