Quarterly ResultMay 6, 2026, 03:01 PM
Origin Bancorp Q1 Net Income $27.69M, EPS $0.89
AI Summary
Origin Bancorp, Inc. reported a strong first quarter for 2026, with net income increasing by 23.57% to $27.69 million and basic earnings per common share rising to $0.89. The company also saw an 11.20% increase in net interest income, reaching $87.24 million. Total assets grew to $10.19 billion and total deposits increased to $8.76 billion as of March 31, 2026, demonstrating balance sheet expansion. Additionally, Origin Bancorp repurchased $6.83 million of common stock during the quarter.
Key Highlights
- Net income for Q1 2026 increased to $27.69 million, up 23.57% from $22.41 million in Q1 2025.
- Basic earnings per common share rose to $0.89 in Q1 2026, compared to $0.72 in Q1 2025.
- Net interest income for Q1 2026 was $87.24 million, an 11.20% increase from $78.46 million in Q1 2025.
- Total assets grew to $10.19 billion as of March 31, 2026, from $9.72 billion at December 31, 2025.
- Total deposits increased to $8.76 billion as of March 31, 2026, up from $8.31 billion at December 31, 2025.
- Provision for credit losses increased to $4.97 million in Q1 2026 from $3.44 million in Q1 2025.
- The company repurchased $6.83 million of common stock during the three months ended March 31, 2026.
- Total stockholders' equity increased to $1.26 billion as of March 31, 2026, from $1.25 billion at December 31, 2025.
Price Impact
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