OP Bancorp - Common Stock (OPBK)

OP Bancorp (the “Company”) (NASDAQOPBK), 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.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the fourth quarter of 2024. Net income for the fourth quarter of 2024 was $5.0 million, or $0.33 per diluted common share, compared with $5.4 million, or $0.36 per diluted common share, for the third quarter of 2024, and $5.2 million, or $0.34 per diluted common share, for the fourth quarter of 2023.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company for Open Bank (the “Bank”), today announces that it has appointed Yeong Gwon Pak as the Executive Vice President and Chief Credit Officer of the Company and the Bank, effective December 30, 2024. Mr. Pak will succeed Sang Oh, who currently serves as Chief Credit Officer and who will succeed Ms. Min Kim as the Company’s Chief Executive Officer in accordance with its previously announced succession plans beginning in 2025.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the third quarter of 2024. Net income remained relatively the same for both the third quarter and second quarter of 2024 at $5.4 million, or $0.36 per diluted common share, compared with $5.1 million, or $0.33 per diluted common share, for the third quarter of 2023.

OP Bancorp (the “Company”) (NASDAQOPBK), 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.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company of Open Bank (the “Bank”), today announces a number of expected personnel changes associated with the successful implementation of its leadership succession plan. These changes are to commence immediately and will be completed no later than June 30, 2025. Chief Executive Officer Min Kim has announced her retirement after more than forty years as a banking executive and nearly fifteen years as the President and CEO of the Company and the Bank. Ms. Kim’s retirement will be effective as of June 30, 2025. She will continue to serve as a director of the Company and the Bank and, following the Company’s Annual Meeting of Shareholders scheduled to occur in June 2025, she will become the Chair of the Board. In that role, Ms. Kim will succeed retiring Chairman Brian Choi, who will not stand for reelection to the Board at the 2025 Annual Meeting and who will assume the role of Chairman Emeritus.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the second quarter of 2024. Net income for the second quarter of 2024 was $5.4 million, or $0.36 per diluted common share, compared with $5.2 million, or $0.34 per diluted common share, for the first quarter of 2024, and $6.1 million, or $0.39 per diluted common share, for the second quarter of 2023.

OP Bancorp (the “Company”) (NASDAQOPBK), 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.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the first quarter of 2024. Net income for the first quarter of 2024 was $5.23 million, or $0.34 per diluted common share, compared with $5.17 million, or $0.34 per diluted common share, for the fourth quarter of 2023, and $7.5 million, or $0.48 per diluted common share, for the first quarter of 2023.

OP Bancorp (the “Company”) (NASDAQOPBK), 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.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the fourth quarter of 2023. Net income for the fourth quarter of 2023 was $5.2 million, or $0.34 per diluted common share, compared with $5.1 million, or $0.33 per diluted common share, for the third quarter of 2023, and $8.0 million, or $0.51 per diluted common share, for the fourth quarter of 2022. Net income for the full year of 2023 was $23.9 million, or $1.55 per diluted common share, compared with $33.3 million, or $2.14 per diluted common share, for the full year of 2022.

OP Bancorp (the “Company”) (NASDAQOPBK), 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.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the third quarter of 2023. Net income for the third quarter of 2023 was $5.1 million, or $0.33 per diluted common share, compared with $6.1 million, or $0.39 per diluted common share, for the second quarter of 2023, and $8.7 million, or $0.55 per diluted common share, for the third quarter of 2022.

OP Bancorp (the “Company”) (NASDAQOPBK), 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.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company of Open Bank (the “Bank”), announced that on August 24, 2023, its Board of Directors approved a new stock repurchase program authorizing the Company to repurchase up to 750,000 shares of its common stock, which is approximately 5% of its outstanding shares.

OP Bancorp (the “Company”) (NASDAQOPBK), 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.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company of Open Bank (the “Bank”), today reported its financial results for the second quarter of 2023. Net income for the second quarter of 2023 was $6.1 million, or $0.39 per diluted common share, compared with $7.5 million, or $0.48 per diluted common share, for the first quarter of 2023, and $8.5 million, or $0.54 per diluted common share, for the second quarter of 2022.

OP Bancorp (the “Company”) (NASDAQOPBK), 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.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company of Open Bank, today reported its financial results for the first quarter of 2023. Net income for the first quarter of 2023 was $7.5 million, or $0.48 per diluted common share, compared with $8.0 million, or $0.51 per diluted common share, for the fourth quarter of 2022, and $8.2 million, or $0.53 per diluted common share, for the first quarter of 2022.

OP Bancorp (the “Company”) (NASDAQOPBK), 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.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company of Open Bank, today reported its financial results for the fourth quarter of 2022. Net income for the fourth quarter of 2022 was $8.0 million, or $0.51 per diluted common share, compared with $8.7 million, or $0.55 per diluted common share, for the third quarter of 2022, and $9.1 million, or $0.59 per diluted common share, for the fourth quarter of 2021.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company of Open Bank, today reported its financial results for the third quarter of 2022. Net income for the third quarter of 2022 was $8.7 million, or $0.55 per diluted common share, compared with $8.5 million, or $0.54 per diluted common share, for the second quarter of 2022, and $8.3 million, or $0.54 per diluted common share, for the third quarter of 2021.

OP Bancorp (the “Company”) (NASDAQOPBK), 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.

OP Bancorp (the “Company”) (NASDAQOPBK), the holding company of Open Bank, today reported its financial results for the second quarter of 2022. Net income for the second quarter of 2022 was $8.5 million, or $0.54 per diluted common share, compared with $8.2 million, or $0.53 per diluted common share, for the first quarter of 2022, and $6.4 million, or $0.42 per diluted common share, for the second quarter of 2021.

OP Bancorp (the “Company”) (NASDAQOPBK), 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.