OPBK - Dividend announcements

compared with Fourth quarter 2025 net income of $7.0 million, diluted EPS of $0.47, and first quarter 2025 net income of $5.6 million, diluted EPS of $0.37 Higher revenue; improved operating efficiency OP Bancorp (the "Company") (NASDAQ:OPBK), parent company of Open Bank, today reported:                   ($ 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:      

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.14 per share, representing a 17% increase from the prior quarterly dividend of $0.12 per share, on its common stock. The dividend is payable on or about May 21, 2026 to shareholders of record as of the close of business on May 7, 2026. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank operates general commercial banking business in Los Angeles, Orange, and Santa Cl

compared with third quarter 2025 net income of $6.7 million, diluted EPS of $0.45, and fourth quarter 2024 net income of $5.0 million, diluted EPS of $0.33 Higher net interest income; lower provision for credit losses OP Bancorp (the "Company") (NASDAQ:OPBK), parent company of Open Bank, today reported:                     As of and For the Quarter   Fourth Quarter Highlights ($ in thousands, except per share data)   4Q2025   3Q2025   4Q2024   Comparisons reflect 4Q25 vs. 3Q25 Income Statement:              

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about February 19, 2026 to shareholders of record as of the close of business on February 5, 2026. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank operates general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Texas, and Cl

compared with second quarter 2025 net income of $6.3 million, diluted EPS of $0.42, and third quarter 2024 net income of $5.4 million, diluted EPS of $0.36 Higher revenue and net income; improved efficiency ratio; stable credit quality OP Bancorp (the "Company") (NASDAQ:OPBK), parent company of Open Bank, today reported:                   ($ in thousands, except per share data)   As of and For the Quarter   Third Quarter Highlights     3Q2025       2Q2025       3Q2024     Comparisons reflect 3Q25 vs. 2Q25 Income

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about November 20, 2025 to all shareholders of record as of the close of business on November 6, 2025. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in

Second Quarter 2025 Highlights compared with First Quarter 2025: Financial Results: Net income of $6.3 million, compared to $5.6 million Diluted earnings per share ("EPS") of $0.42, compared to $0.37 Net interest income of $19.7 million, compared to $17.4 million Net interest margin of 3.23%, compared to 3.01% Provision for credit losses of $1.2 million, compared to $736 thousand Total assets of $2.56 billion, compared to $2.51 billion Gross loans of $2.07 billion, compared to $2.04 billion Total deposits of $2.25 billion, compared to $2.19 billion Credit Quality: Allowance for credit losses on loans to gross loans of 1.27%, compared to 1.24% Net charge-

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about August 21, 2025 to all shareholders of record as of the close of business on August 7, 2025. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Texa

2025 First Quarter Highlights compared with 2024 Fourth Quarter: Financial Results: Net income of $5.6 million, compared to $5.0 million Diluted earnings per share of $0.37, compared to $0.33 Net interest income of $17.4 million, compared to $16.9 million Net interest margin of 3.01%, compared to 2.96% Provision for credit losses of $0.7 million, compared to $1.5 million Total assets of $2.51 billion, compared to $2.37 billion Gross loans of $2.04 billion, compared to $1.96 billion Total deposits of $2.19 billion, compared to $2.03 billion Credit Quality: Allowance for credit losses to gross loans of 1.24%, compared to 1.27% Net charge-offs(1) to average gross loan

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about May 22, 2025 to all shareholders of record as of the close of business on May 8, 2025. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Texas, and C

2024 Fourth Quarter Highlights compared with 2024 Third Quarter: Financial Results: Net income of $5.0 million, compared to $5.4 million Diluted earnings per share of $0.33, compared to $0.36 Net interest income of $16.9 million, compared to $16.5 million Net interest margin of 2.96%, compared to 2.95% Provision for credit losses of $1.5 million, compared to $448 thousand Total assets of $2.37 billion, compared to $2.39 billion Gross loans of $1.96 billion, compared to $1.93 billion Total deposits of $2.03 billion, compared to $2.06 billion Credit Quality: Allowance for credit losses to gross loans of 1.27%, compared to 1.19% Net charge-offs(1) to averag

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about February 20, 2025 to all shareholders of record as of the close of business on February 6, 2025. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in

2024 Third Quarter Highlights compared with 2024 Second Quarter: Financial Results: Net income of $5.4 million, no change compared to $5.4 million Diluted earnings per share of $0.36, no change compared to $0.36 Net interest income of $16.5 million, compared to $16.2 million Net interest margin of 2.95%, compared to 2.96% Provision for credit losses of $448 thousand, compared to $617 thousand Total assets of $2.39 billion, a 4.2% increase compared to $2.29 billion Gross loans of $1.93 billion, a 3.3% increase compared to $1.87 billion Total deposits of $2.06 billion, a 6.4% increase compared to $1.94 billion Credit Quality: Allowance for credit losses to gross loans

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about November 21, 2024 to all shareholders of record as of the close of business on November 7, 2024. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Te

2024 Second Quarter Highlights compared with 2024 First Quarter: Financial Results: Net income of $5.4 million, a 4.0% increase compared to $5.2 million Diluted earnings per share of $0.36, a 5.9% increase compared to $0.34 Net interest income of $16.2 million, compared to $16.0 million Net interest margin of 2.96%, compared to 3.06% Provision for credit losses of $617 thousand, compared to $145 thousand Total assets of $2.29 billion, a 2.5% increase compared to $2.23 billion Gross loans of $1.87 billion, a 3.6% increase compared to $1.80 billion Total deposits of $1.94 billion, a 2.4% increase compared to $1.90 billion Credit Quality: Allowance for credit

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about August 22, 2024 to all shareholders of record as of the close of business on August 8, 2024. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Texa

2024 First Quarter Highlights compared with 2023 Fourth Quarter: Financial Results: Net income of $5.23 million, compared to $5.17 million Diluted earnings per share of $0.34, compared to $0.34 Net interest income of $16.0 million, compared to $16.2 million Net interest margin of 3.06%, compared to 3.12% Provision for credit losses of $0.1 million, compared to $0.6 million Total assets of $2.23 billion, compared to $2.15 billion Gross loans of $1.80 billion, compared to $1.77 billion Total deposits of $1.90 billion, compared to $1.81 billion Credit Quality: Allowance for credit losses to gross loans of 1.23%, compared to 1.25% Net charge-offs(1) to avera

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about May 23, 2024 to all shareholders of record as of the close of business on May 9, 2024. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California; the Dallas metropolitan area in Texas; and

2023 Fourth Quarter Highlights compared with 2023 Third Quarter: Financial Results: Net income of $5.2 million, compared to $5.1 million Diluted earnings per share of $0.34, compared to $0.33 Net interest income of $16.2 million, compared to $17.3 million Net interest margin of 3.12%, compared to 3.38% Provision for credit losses of $0.6 million, compared to $1.4 million Total assets of $2.15 billion, compared to $2.14 billion Gross loans of $1.77 billion, compared to $1.76 billion Total deposits of $1.81 billion, compared to $1.83 billion Credit Quality: Allowance for credit losses to gross loans of 1.25%, compared to 1.23% Net charge-offs(1) to average

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about February 22, 2024 to all shareholders of record as of the close of business on February 8, 2024. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in

2023 Third Quarter Highlights compared with 2023 Second Quarter: Financial Results: Net income of $5.1 million, compared to $6.1 million Diluted earnings per share of $0.33, compared to $0.39 Net interest income of $17.3 million, compared to $17.3 million Net interest margin of 3.38%, compared to 3.40% Provision for credit losses of $1.4 million, compared to none Total assets of $2.14 billion, compared to $2.15 billion Gross loans of $1.76 billion, compared to $1.72 billion Total deposits of $1.83 billion, compared to $1.86 billion Credit Quality: Allowance for credit losses to gross loans of 1.23%, compared to 1.21% Net charge-offs(1) to average gross l

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about November 23, 2023 to all shareholders of record as of the close of business on November 9, 2023. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focus

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about August 24, 2023 to all shareholders of record as of the close of business on August 10, 2023. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focused

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about May 25, 2023 to all shareholders of record as of the close of business on May 11, 2023. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas, and is focused on se

2023 First Quarter Highlights compared with 2022 First Quarter: Financial Results: Net income of $7.5 million, compared to $8.2 million Diluted earnings per share of $0.48, compared to $0.53 Net interest income of $17.9 million, compared to $17.3 million Net interest margin of 3.56%, compared to 4.12% Adopted Current Expected Credit Losses ("CECL") and recorded additional allowance for credit losses of $2.1 million on January 1, 2023 Reversal of credit losses of $338 thousand, compared to provision for credit losses of $341 thousand Total assets of $2.2 billion, a 16% increase compared to $1.9 billion Gross loans of $1.7 billion, a 18% increase compared to $1.4 bil

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about February 23, 2023 to all shareholders of record as of the close of business on February 9, 2023. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focused

2022 Fourth Quarter Highlights compared with 2021 Fourth Quarter: Financial Results: Net income of $8.0 million, compared to $9.1 million Diluted earnings per share of $0.51, compared to $0.59 Net interest income of $20.2 million, compared to $17.1 million Net interest margin of 4.08%, compared to 4.07% Provision for loan losses of $977 thousand, compared to $1.9 million Total assets of $2.1 billion, a 21% increase compared to $1.7 billion Total loans (1) of $1.7 billion, a 23% increase compared to $1.4 billion Total deposits of $1.9 billion, a 23% increase compared to $1.5 billion Noninterest-bearing deposits of $701.6 million, or 37.2% of total deposits Credit Qual

2022 Third Quarter Highlights compared with 2021 Third Quarter: Financial Results: Net income of $8.7 million, up $400 thousand, or 5% Diluted earnings per share of $0.55, up $0.01, or 2% Net interest income of $20.3 million, up $3.8 million, or 23% Provision for loan losses of $662 thousand, a $1.5 million increase, compared to reversal of provision for loan losses of $884 thousand Noninterest income of $4.8 million, up $1.3 million, or 36% Noninterest expense of $12.3 million, up $2.8 million, or 30% Pre-provision net revenue (1) of $12.8 million, up $2.2 million, or 21% Total assets of $2.03 billion, up $349.7 million, or 21% Total loans (2) of $1.65 billion, up $328.

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about November 24, 2022 to all shareholders of record as of the close of business on November 10, 2022. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focuse

2022 Second Quarter Highlights compared with 2021 Second Quarter: Financial Results: Net income of $8.5 million, up $2.1 million, or 33% Diluted earnings per share of $0.54, up $0.12, or 29% Net interest income of $19.1 million, up $4.5 million, or 31% Provision for loan losses of $996 thousand, up $2.1 million Noninterest income of $5.4 million, up $3.1 million, or 141% Noninterest expense of $11.5 million, up $2.7 million, or 31% Pre-provision net revenue (1) of $12.9 million, up $4.9 million, or 61% Total assets of $1.93 billion, up $332.4 million, or 21% Total loans (2) of $1.55 billion, up $237.7 million, or 18%; Average loans (2) of $1.56 billion, up $318.0 million

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per share of its common stock. The dividend is payable on or about August 25, 2022 to all shareholders of record as of the close of business on August 11, 2022. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focused on

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share of its common stock. The dividend is payable on or about May 26, 2022 to all shareholders of record as of the close of business on May 12, 2022. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focused on servi

2022 First Quarter Highlights compared with 2021 First Quarter: Financial Results: Net income of $8.2 million, up $3.1 million, or 61% Diluted earnings per share of $0.53, up $0.20, or 61% Net interest income of $17.3 million, up $4.5 million, or 36% Provision for loan losses of $341 thousand, down $279 thousand, or 45% Noninterest income of $4.2 million, up $1.3 million, or 42% Noninterest expense of $9.7 million, up $1.7 million, or 21% Pre-provision net revenue (1) of $11.8 million, up $4.1 million, or 53% Total assets of $1.86 billion, up $409 million, or 28% Total loans (2) of $1.51 billion, up $330 million, or 28%; Average loans (2) of $1.44 billion, up $278.9 mill

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.10 per share of its common stock. The dividend is payable on or about February 10, 2022 to all shareholders of record as of the close of business on February 24, 2022. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, and Carrollton, Texas and is focuse

2021 Fourth Quarter Highlights compared with 2020 Fourth Quarter: Financial Results: Net income of $9.1 million, up $5.3 million, or 140% Diluted earnings per share of $0.59, up $0.34, or 136% Net interest income of $17.1 million, up $4.9 million, or 40% Provision for loan losses of $1.9 million, up $67 thousand, or 4% Noninterest income of $7.3 million, up $3.9 million, or 115% Noninterest expense of $9.6 million, up $1.2 million, or 14% Pre-provision net revenue (1) of $14.8 million, up $7.6 million, or 107% Total assets of $1.73 billion, up $359.9 million, or 26% Total loans (2) of $1.40 billion, up $277.1 million, or 25%; Average loans (2) of $1.34 billion, up $230.

2021 Third Quarter Highlights compared with 2020 Third Quarter: Financial Results: Net income of $8.3 million, up $4.7 million, or 129% Diluted earnings per share of $0.54, up $0.31, or 135% Net interest income of $16.6 million, up $5.2 million, or 45% Reversal of provision for loan losses of $884 thousand, a $2.3 million decrease in provision for loan losses Noninterest income of $3.5 million, up $521 thousand, or 17% Noninterest expense of $9.5 million, up $1.5 million, or 19% Pre-provision net revenue (1) of $10.6 million, up $4.2 million, or 64% Total assets of $1.68 billion, up $340.1 million, or 25% Total loans (2) of $1.33 billion, up $212.1 million, or 19%; Avera

2021 Second Quarter Highlights compared with 2020 Second Quarter: Loans Portfolio Purchase: On May 24, 2021, the Company completed an asset purchase of loan portfolio from Hana Small Business Lending, Inc. ("Hana"). The Company paid Hana approximately $97.6 million that included loans of $100.0 million at a fair value discount of $8.9 million, servicing assets of $6.1 million and accrued interest receivable of $398 thousand. Financial Results: Net income of $6.4 million, up $4.0 million, or 164% Diluted earnings per share of $0.42, up $0.26, or 163% Net interest income of $14.6 million, up $3.9 million, or 37% Reversal of provision for loan losses of $1.1 million, a $3.1 mi

OP Bancorp (the "Company") (NASDAQ:OPBK), the holding company of Open Bank (the "Bank"), announced today that its Board of Directors declared a quarterly cash dividend of $0.07 per share of its common stock. The dividend is payable on or about May 20, 2021 to all shareholders of record as of the close of business on May 6, 2021. About OP Bancorp OP Bancorp, the holding company for Open Bank (the "Bank"), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, "OPBK." The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California and Carrollton, Texas and is focused on serving

2021 First Quarter Highlights: Net income totaled $5.1 million, or $0.33 per diluted common share, compared to $3.8 million, or $0.25 per diluted common share, for the fourth quarter of 2020 and $3.3 million, or $0.21 per diluted common share, for the first quarter of 2020 Net interest margin was 3.80%, compared to 3.73% for the fourth quarter of 2020 and 3.95% for the first quarter of 2020 Return on average assets was 1.44% and return on average equity was 14.02%, compared to 1.13% and 10.72%, respectively, for the fourth quarter of 2020 and 1.12% and 9.44%, respectively, for the first quarter of 2020 Total assets increased 20.3% to $1.46 billion at March 31, 2021, from $1.21 bill

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), announced today that its Board of Directors declared a quarterly cash dividend of $0.07 per share of its common stock. The dividend is payable on or about February 25, 2021 to all shareholders of record as of the close of business on February 11, 2021. About OP Bancorp OP Bancorp, the holding company for Open Bank (the “Bank”), is a California corporation whose common stock is quoted on the Nasdaq Global Market under the ticker symbol, “OPBK.” The Bank is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, Californ

LOS ANGELES--(BUSINESS WIRE)--OP Bancorp (the “Company”) (NASDAQ: OPBK), the holding company of Open Bank (the “Bank”), today reported unaudited financial results for the fourth quarter of 2020. Net income for the fourth quarter of 2020 was $3.9 million, or $0.25 per diluted common share, compared to net income of $3.6 million, or $0.23 per diluted common share, for the third quarter of 2020, and net income of $4.2 million, or $0.26 per diluted common share, for the fourth quarter of 2019. “I am pleased to report another strong quarter with solid financial results in this challenging environment. We have exceeded our expectations in all key financial areas through proactive managem