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Origin Bancorp (OBK) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2024-07-24 22:40
Origin Bancorp (OBK) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items. Origin Bancorp, which belongs to the Zacks Banks - Southeast industry, posted revenues of $96.36 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 6.24%. This compares to year-ago revenues of $90.93 million. The company has topped consens ...
Origin Bank(OBK) - 2024 Q2 - Quarterly Results
2024-07-24 20:20
Exhibit 99.1 For Immediate Release ORIGIN BANCORP, INC. REPORTS EARNINGS FOR SECOND QUARTER 2024 RUSTON, Louisiana (July 24, 2024) - Origin Bancorp, Inc. (NYSE: OBK) ("Origin," "we," "our" or the "Company"), the holding company for Origin Bank (the "Bank"), today announced net income of $21.0 million, or $0.67 diluted earnings per share for the quarter ended June 30, 2024, compared to net income of $22.6 million, or $0.73 diluted earnings per share, for the quarter ended March 31, 2024. Pre-tax, pre-provisi ...
Origin Bancorp, Inc. Announces Second Quarter 2024 Earnings Release and Conference Call
Newsfilter· 2024-07-10 17:06
RUSTON, La., July 10, 2024 (GLOBE NEWSWIRE) -- Origin Bancorp, Inc. (NYSE: OBK) ("Origin"), the financial holding company for Origin Bank, plans to issue second quarter 2024 results after the market closes on Wednesday, July 24, 2024, and hold a conference call to discuss such results on Thursday, July 25, 2024, at 8:00 a.m. Central Time (9:00 a.m. Eastern Time). The conference call will be hosted by Drake Mills, Chairman, President and CEO of Origin, William J. Wallace, IV, Chief Financial Officer of Origi ...
Here's Why Origin Bancorp (OBK) is a Must-Buy Stock Now
zacks.com· 2024-05-27 14:31
The Zacks Consensus Estimate for earnings indicates a marginal increase in 2024 and a 7.6% rise in 2025. Revenue Strength: Driven by continued growth in net interest income (NII), Origin Bancorp's revenues witnessed a compound annual growth rate (CAGR) of 12.9% over the last four years (2019-2023). Revenues declined in the first quarter of 2024 mainly because of lower NII. The company's acquisition of BT Holdings, Inc. in 2022 enhanced its footprint and remains accretive to its revenue growth. This, along w ...
Origin Bank(OBK) - 2024 Q1 - Quarterly Report
2024-05-07 18:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to __________ Commission file number 001-38487 Origin Bancorp, Inc. (Exact name of registrant as specified in its charter) Louisiana 72-1192928 ( ...
Origin Bank(OBK) - 2024 Q1 - Earnings Call Transcript
2024-04-25 19:00
Origin Bancorp, Inc. (NYSE:OBK) Q1 2024 Results Conference Call April 25, 2024 8:00 AM ET Company Participants Chris Reigelman - Director, IR Drake Mills - Chairman, President and CEO Lance Hall - President and CEO, Origin Bank Jim Crotwell - Chief Risk Officer Wally Wallace - CFO Conference Call Participants Matt Olney - Stephens Michael Rose - Raymond James Woody Lay - KBW Manuel Navas - D.A. Davidson Operator Ladies and gentlemen, good morning, and welcome to the Origin Bancorp, Inc. First Quarter Earnin ...
Origin Bank(OBK) - 2024 Q1 - Earnings Call Presentation
2024-04-25 16:39
1Q TWENTY24 INVESTOR PRESENTATION 2 Entry: 2008 Entry: 2013 Entry: 2022 Loans: $3,098 Loans: $1,917 Loans: $443 Deposits: $2,110 Deposits: $1,301 Deposits: $916 16 Loans (2) Deposits (1) 55% 73% DOLLARS IN MILLIONS, UNAUDITED (1) (2) 3 STRONG NET MIGRATION INTO OUR MARKETS WEST -774,966 MIDWEST -480,336 NORTHEAST -1,181,700 SOUTH +2,437,002 l #1 in jobs created in 2023 with 369,600 jobs added SOUTH ALABAMA & FLORIDA PANHANDLE l Mobile Harbor project will make it the deepest harbor in the Gulf of Mexico in 2 ...
Origin Bancorp (OBK) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-04-25 00:36
For the quarter ended March 2024, Origin Bancorp (OBK) reported revenue of $90.58 million, down 3.2% over the same period last year. EPS came in at $0.73, compared to $0.79 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $88.8 million, representing a surprise of +2.00%. The company delivered an EPS surprise of +19.67%, with the consensus EPS estimate being $0.61.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stre ...
Origin Bank(OBK) - 2024 Q1 - Quarterly Results
2024-04-24 20:08
Exhibit 99.1 For Immediate Release ORIGIN BANCORP, INC. REPORTS EARNINGS FOR FIRST QUARTER 2024 RUSTON, Louisiana (April 24, 2024) - Origin Bancorp, Inc. (NYSE: OBK) (“Origin,” “we,” “our” or the “Company”), the holding company for Origin Bank (the “Bank”), today announced net income of $22.6 million, or $0.73 diluted earnings per share for the quarter ended March 31, 2024, compared to net income of $13.4 million, or $0.43 diluted earnings per share, for the quarter ended December 31, 2023. Adjusted pre-tax ...
Origin Bank(OBK) - 2023 Q4 - Annual Report
2024-02-28 21:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to __________ Commission file number 001-38487 Origin Bancorp, Inc. (Exact name of registrant as specified in its charter) Louisiana 72-1192928 (State ...