OP Bancorp

OP Bancorp reported strong preliminary unaudited financial results for the second quarter ended June 30, 2026, with net income increasing to $8.0 million and diluted EPS rising to $0.53. The company experienced continued revenue growth, a reversal of provision for credit losses, and improved operating efficiency. Additionally, the Board of Directors declared a quarterly cash dividend of $0.14 per share, payable on August 20, 2026, to shareholders of record as of August 6, 2026.

OP Bancorp reported a net income of $7.23 million for the first quarter of 2026, an increase from $5.56 million in the same period last year, with diluted earnings per share rising to $0.48 from $0.37. The company saw growth in total assets, net loans, and deposits, reaching $2.70 billion, $2.21 billion, and $2.33 billion respectively. Net interest income also improved to $20.52 million, and the provision for credit losses decreased. However, nonaccrual loans increased to $18.30 million as of March 31, 2026.

OP Bancorp announced its preliminary unaudited financial results for the first quarter ended March 31, 2026. Concurrently, the Board of Directors declared a quarterly cash dividend of $0.14 per share on its common stock. The dividend is payable on May 21, 2026, to shareholders of record as of May 7, 2026. The company also disclosed a presentation containing summary financial information for discussions with investors and analysts.