Origin Bancorp, Inc.

Origin Bancorp, Inc.

OBNK
Origin Bancorp, Inc.US flagNASDAQ Global Select
28.61
USD
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- -
880.64MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Drake D. Mills
Full Time Employees
1,022
Sector
Financial Services
Industry
Banks - Regional
Address
500 South Service Road East Ruston LA United States of America 71270
IPO Date
May 9, 2018
Business
Origin Bancorp, Inc. (NYSE: OBK) operates as a bank holding company for Origin Bank, a Louisiana state-chartered commercial bank providing a broad range of community banking products and services; these include noninterest- and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; commercial real estate loans, construction and land development loans, residential real estate loans, commercial and industrial loans, mortgage warehouse lending, consumer loans, and residential mortgages; personal and commercial property and casualty insurance products; treasury management, business credit cards, overdraft protection, cash management, safe deposit boxes, direct deposit, automatic account transfers, peer-to-peer electronic payments, and personal financial management tools; as well as mobile and online banking applications, mortgage origination and servicing, and investment services. The company serves small- and medium-sized businesses, municipalities, high-net-worth individuals, and retail clients through over 60 locations across Texas, Louisiana, Mississippi, and Alabama. Founded in 1912 and headquartered in Ruston, Louisiana, Origin Bancorp focuses on relationship-driven banking in the community banking segment of the regional banking industry. Recent strategic initiatives under the "Optimize Origin" plan include workforce reductions of 8% bank-wide and 18% in commercial banking, recruitment of specialized relationship bankers in key markets, enhancements to treasury management and commercial card programs, centralization of data systems expected to yield $4-5 million in annualized pre-tax earnings benefits, and a restructuring of the mortgage business to a partnership model anticipated to improve annual pre-tax earnings by $1.5 million starting in the second half of 2024; in the third quarter of 2025, the company reported net income of $8.6 million, pre-tax pre-provision earnings of $47.8 million, net interest income of $83.7 million with a net interest margin of 3.65%, total deposits of $8.33 billion reflecting 2.6% linked-quarter growth driven by noninterest-bearing deposits, and total loans held for investment of approximately $8 billion, while signaling flat 2025 loan growth excluding warehouse lines, low-single-digit deposit growth, and full redemption of $74-75 million in subordinated debt.

Company News

APIChat
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  • Origin Bancorp, Inc. (OBNK) Q1 2023 Earnings Call Transcript

  • Origin Bancorp (OBNK) Misses Q1 Earnings and Revenue Estimates

  • Origin Bancorp, Inc. Announces First Quarter 2023 Earnings Release and Conference Call

  • Origin Bancorp (OBNK) Misses Q4 Earnings and Revenue Estimates

  • Origin Bancorp, Inc. Announces Fourth Quarter and 2022 Full Year Earnings Release and Conference Call

  • Origin Bancorp, Inc. (OBNK) Q3 2022 Earnings Call Transcript

  • Origin Bancorp (OBNK) Lags Q3 Earnings Estimates

  • Origin Bancorp, Inc. Announces Third Quarter 2022 Earnings Release and Conference Call

  • Origin Bancorp, Inc's (OBNK) CEO Drake Mills on Q2 2022 Results - Earnings Call Transcript

  • Origin Bancorp, Inc. Announces Second Quarter 2022 Earnings Release and Conference Call

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates TGNA, OBNK, HR, MTOR

  • Origin Bancorp, Inc. (OBNK) CEO Drake Mills on Q1 2022 Results - Earnings Call Transcript

  • SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates OBNK, IIN, Y, VEC

  • Origin Bancorp, Inc. Announces First Quarter 2022 Earnings Release and Conference Call

  • Here's Why "Trend" Investors Would Love Betting on Origin Bancorp (OBNK)

  • Origin Bancorp: Underappreciated LA Bank With TX Exposure

  • Origin Bancorp (OBNK) Moves to Strong Buy: Rationale Behind the Upgrade