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 ...

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 ...

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 ...

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 ...

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 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) Securities registered pursuant to Section 12(b) of the Act: | Title of Each Class | Trading Symbol(s) | Name of Exchange on which registered | | --- | --- | --- | ...

Financial Data and Key Metrics Changes - The company reported diluted earnings per share of $0.73 for Q1, with pretax pre-provision earnings of $31.9 million [54][66] - Tangible book value increased by 2% to $29.24, and the TCE ratio remained flat at 9.3% [54][11] - The allowance for credit losses increased by $1.5 million to $98.4 million, resulting in a slight percentage change from the prior quarter [7] Business Line Data and Key Metrics Changes - Gross loans held for investment grew by 3.1% during the quarter, with a 2.3% increase excluding mortgage warehouse [87] - Noninterest income for Q1 was reported at $17.3 million, up from $14.6 million in Q4, driven by seasonal strength in the insurance business and increased mortgage production [68] - Noninterest expense decreased to $58.7 million in Q1 from $60.9 million in Q4 [69] Market Data and Key Metrics Changes - Total deposits grew by 3.1% during the quarter, with a 1.3% increase excluding brokered deposits [9] - The net interest margin remained flat at 3.19%, with expectations for slight improvement moving forward [10] - The company anticipates continued pressure on the noninterest-bearing deposit mix but expects it to remain above 20% [9] Company Strategy and Development Direction - The company is focused on improving profitability and driving revenue through strategic investments in new markets, such as South Alabama and the Florida Panhandle [79] - A strategic decision was made to realign the treasury management model to better serve geographic strategies and enhance efficiency [4] - The company aims to maintain a disciplined approach to loan pricing while focusing on core deposit growth [39] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about deposit growth and the ability to achieve loan growth in the mid-single digits for the year [47][88] - The company is preparing to cross the $10 billion asset threshold and is focused on managing expenses while seeking growth opportunities [2][96] - Management highlighted the importance of maintaining a strong culture and building long-term relationships with clients as a competitive differentiator [62] Other Important Information - The company successfully sold its MSR asset, which is expected to reduce volatility in earnings and regulatory risk [55] - Nonperforming loans increased by $10.3 million, but levels remain within historically acceptable ranges [64] - The company has implemented robotic process automation, saving approximately 3,100 hours of manual work in Q1 2024 [5] Q&A Session Summary Question: What are the expectations on deposit costs moving forward? - Management indicated that while interest-bearing deposit costs were up 13 basis points, they expect some easing from recent levels and are focused on maintaining net interest margin [14][15] Question: Can you provide insights on noninterest-bearing deposits? - Management noted a shift in the noninterest-bearing deposit mix but expressed optimism about stabilizing trends and maintaining levels above 20% [18][104] Question: What are the expectations for loan and deposit growth? - Management reiterated expectations for loan growth in the mid-single digits, with deposit growth expected to match this [47][88] Question: How is the company managing expenses? - Management highlighted effective expense management in Q1 but cautioned against over-optimism, maintaining guidance at the appropriate level [29] Question: What are the thoughts on capital deployment and M&A? - Management expressed confidence in capital flexibility for future opportunities, including potential M&A, while focusing on organic growth in new markets [94][96]

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 ...

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 ...

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 ...

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 ...