Highest-materiality recent filing
OP Bancorp shareholders approve all proposals at 2026 annual meeting
All 7 director nominees elected; Hyung J. Kim received 9.30M votes for, 681.6K withheld.
OP Bancorp posts Q1 net income $7.2M, EPS $0.48; dividend raised 17%
Net income $7.2M, diluted EPS $0.48, vs $7.0M/$0.47 in Q4 2025 and $5.6M/$0.37 in Q1 2025.
OP Bancorp Q4 net income $7.1M ($0.47 EPS); declares $0.12 dividend
Net income $7.1M, diluted EPS $0.47 (vs $6.7M/$0.45 in Q3 2025 and $5.0M/$0.33 in Q4 2024).
OP Bancorp closes $25M 7.50% fixed-to-floating subordinated note due 2035
$25M principal, maturity Nov 15, 2035; fixed 7.50% for 5 years then SOFR+411bps.
OP Bancorp reports Q3 net income $6.7M ($0.45 EPS), NIM expands to 3.26%
Net income $6.7M, diluted EPS $0.45, up 6% from Q2 2025 net income $6.3M ($0.42 EPS).
OP Bancorp authorizes repurchase of up to 700,000 shares of common stock
Board approved repurchase program for up to 700,000 shares of OPBK common stock.
OP Bancorp reports Q2 2025 net income of $6.3M, EPS $0.42; NIM expands to 3.23%
Net income $6.3M ($0.42 diluted EPS) vs $5.6M ($0.37) in Q1 2025 and $5.4M ($0.36) in Q2 2024.
OP Bancorp annual meeting elects all seven director nominees; say-on-pay approved
All seven director nominees elected with over 8.6M votes for each; no director received less than 96.6% support.
OP Bancorp appoints Sang K. Oh as President and CEO effective July 1, 2025
Mr. Oh succeeds as CEO of OP Bancorp and Open Bank, having served as EVP and Chief Credit Officer since October 2020.
OP Bancorp Q1 net income $5.6M, EPS $0.37; loans up 4.4%, deposits up 8.0%
Net income of $5.6M, diluted EPS $0.37 vs. $0.33 in Q4 2024 and $0.34 in Q1 2024; net interest margin rose 5 bps to 3.01%.
OP Bancorp promotes Christine Oh to COO, Jaehyun Park to CFO effective March 3, 2025
Christine Oh, former CFO since 2010, appointed EVP/COO of OP Bancorp and Open Bank.
OP Bancorp Q4 net income $5.0M ($0.33 EPS), down 8.6% QoQ; NPL ratio rises to 0.40%
Net income $5.0M, diluted EPS $0.33 vs $0.36 Q3 2024 and $0.34 a year ago; net interest margin 2.96%.
OP Bancorp appoints Yeong Gwon Pak as CCO effective Dec 30, 2024 as part of CEO succession plan
Yeong Gwon Pak appointed EVP and CCO of OP Bancorp and Open Bank, effective December 30, 2024.
OP Bancorp Q3 net income $5.4M flat QoQ; loans and deposits grow
Net income $5.4M, diluted EPS $0.36, unchanged from Q2 2024; net interest margin 2.95%.
OP Bancorp CEO Min Kim to retire by June 2025; Chief Credit Officer Sang Oh named successor
CEO Min Kim to retire effective June 30, 2025; she will then become Chair of the Board.
OP Bancorp Q2 net income $5.4M, EPS $0.36; NIM down to 2.96%; loan growth 3.6%
Net income $5.4M, diluted EPS $0.36, up 4% and 5.9% QoQ but down 10.8% and 7.7% YoY.
Director Ernest E. Dow retired effective June 27, 2024, and did not stand for reelection.
OP Bancorp Q1 net income $5.2M flat QoQ, down 30.6% YoY; NIM falls to 3.06%
Net income $5.23M ($0.34 EPS) vs $5.17M ($0.34) Q4 2023 and $7.5M ($0.48) Q1 2023.
OP Bancorp Q4 net income $5.2M, EPS $0.34; NIM narrows to 3.12%; NPLs rise to 0.34%
Net income $5.2M ($0.34 diluted EPS) vs $5.1M ($0.33) Q3 and $8.0M ($0.51) Q4'22.
OP Bancorp Q3 net income $5.1M ($0.33 EPS), down 41% YoY; NIM narrows to 3.38%
Net income $5.1M, diluted EPS $0.33 vs $6.1M ($0.39) in Q2'23 and $8.7M ($0.55) in Q3'22.
OP Bancorp board authorizes repurchase of up to 750,000 shares (~5% of outstanding)
Board approved stock repurchase program on August 24, 2023; up to 750,000 shares or ~5% of shares outstanding.
OP Bancorp Q2 2023 net income $6.1M ($0.39 EPS), down 28% YoY; NIM 3.40% vs 4.21%; $0.12 dividend
Net income $6.1M ($0.39 diluted EPS) vs $8.5M ($0.54) in Q2 2022; net interest income $17.3M vs $19.1M.
OP Bancorp shareholders elect all seven director nominees, ratify Crowe LLP as auditor
Annual meeting held June 22, 2023; 12,747,915 shares (83.72% of outstanding) represented.
OP Bancorp Q1 net income $7.5M ($0.48 EPS); dividend raised 20% to $0.12
Net income $7.5M ($0.48 diluted EPS) vs $8.2M ($0.53) in Q1 2022, down 7.6%.
Two directors to retire from OP Bancorp board at June 2023 annual meeting
Directors Ock Hee Kim and Myung Ja (Susan) Park will retire effective June 22, 2023.
OP Bancorp Q4 2022 net income $8.0M ($0.51 EPS); dividend raised 20% to $0.12/share
Net income $8.0M, diluted EPS $0.51, vs $9.1M, $0.59 in Q4 2021; net interest income up 18% to $20.2M.
OP Bancorp Q3 net income $8.7M, EPS $0.55; dividend raised 20% to $0.12/share
Net income of $8.7M, up 5% YoY; diluted EPS $0.55 vs $0.54.
OP Bancorp Q2 net income $8.5M ($0.54 EPS), up 33% YoY; dividend raised 20% to $0.12/share
Net income $8.5M, diluted EPS $0.54, up 33% and 29% YoY respectively.
OP Bancorp shareholders elect directors and ratify auditor at 2022 annual meeting
Quorum of 78.19% (11,836,540 shares) represented at June 23, 2022 annual meeting.
OP Bancorp board reduces size from 8 to 7 directors effective immediately
Board resolution on May 10, 2022 set director count to 7, the minimum under bylaws (7–13).
OP Bancorp Q1 net income $8.2M ($0.53 EPS), up 61% YoY; dividend raised 43% to $0.10
Net income $8.2M ($0.53 diluted EPS), up 61% YoY; net interest income $17.3M (+36%).
OP Bancorp Q4 2021 net income $9.1M record, EPS $0.59; dividend raised 43% to $0.10
Net income of $9.1M up 140% YoY; diluted EPS $0.59 up 136%; record quarterly results.
OP Bancorp Q3 net income $8.3M, EPS $0.54, up 129% YoY; dividend raised 43% to $0.10
Net income $8.3M vs $3.6M prior year; diluted EPS $0.54 vs $0.23, up 135% YoY.
OP Bancorp to participate in KBW conference; no material new disclosures
Company representatives will participate in the 2021 Virtual KBW Community Bank Investor Conference on August 3-5, 2021.
OP Bancorp raises quarterly dividend to $0.10/share, a 43% increase from $0.07
Board approved quarterly cash dividend increase to $0.10 per common share from $0.07.
On May 29, 2025, OP Bancorp (the “Company”), the holding company for Open Bank (the “Bank”), announced the appointment of Sang K. Oh as President and Chief Executive Officer of the Company and the Bank, effective as of July 1, 2025.
On March 3, 2025, the Company also announced the appointment of Jaehyun Park, age 53, the current Senior Vice President and Controller of the Company and the Bank, to succeed Ms. Oh as Executive Vice President and Chief Financial Officer of the Company and the Bank, effective as of March 3, 2025.
On March 3, 2025, OP Bancorp (the “Company”), the holding company for Open Bank (the “Bank”), issued a press release announcing the appointment of Christine Oh, age 57, as Executive Vice President and Chief Operating Officer of the Company and the Bank, effective as of March 3, 2025.
the selection of current Chief Credit Officer Sang Oh to succeed Ms. Kim as President and Chief Executive Officer
the expected retirement of its President and Chief Executive Officer, Min Kim, and Ms. Kim’s succession to Mr. Choi as Chair of the Board
the planned retirement of its Chairman of the Board, Brian Choi
the Nomination & Governance Committee (“Committee”) of the Registrant’s Board of Directors (“Board”) received notification from Director Ernest E. Dow that he intend to retire from the Board at the Registrant’s Annual Meeting of Shareholders convened on Thursday, June 27, 2024.
received notification from Directors Ock Hee Kim and Myung Ja (Susan) Park that they intend to retire and have declined to stand for reelection to the Board at the Registrant’s Annual Meeting of Shareholders presently scheduled to be convened on Thursday, June 22, 2023.
received notification from Directors Ock Hee Kim and Myung Ja (Susan) Park that they intend to retire and have declined to stand for reelection to the Board at the Registrant’s Annual Meeting of Shareholders presently scheduled to be convened on Thursday, June 22, 2023.
On April 27, 2022, the Company was informed of the death of director Jason Hwang, who passed away on April 25, 2022.
Max materiality 0.80 · Median 0.65 · Most common event earnings