Origin Bank-Origin Bancorp (OBK) Reports Q4 Earnings: What Key Metrics Have to Say

Group 1 - Origin Bancorp reported revenue of $78.02 million for the quarter ended December 2024, a decrease of 3.9% year-over-year [1] - Earnings per share (EPS) for the quarter was$ 0.46, down from $0.60 in the same quarter last year, representing an EPS surprise of -8.00% against the consensus estimate of$ 0.50 [1] - The reported revenue was below the Zacks Consensus Estimate of $87.75 million, resulting in a revenue surprise of -11.09% [1] Group 2 - The average balance of total interest-earning assets was$ 9.42 billion, slightly below the average estimate of $9.43 billion [4] - Total nonperforming assets amounted to$ 78.64 million, exceeding the average estimate of $70.44 million [4] - The net interest margin (NIM) was reported at 3.3%, above the average estimate of 3.1% [4] - Net charge-offs to total average loans held for investment (LHFI) were 0%, better than the average estimate of 0.3% [4] - Total nonperforming loans were$ 75 million, higher than the average estimate of $64.21 million [4] - The efficiency ratio was reported at 83.9%, significantly worse than the average estimate of 71.9% [4] - Total noninterest income was -$ 0.33 million, falling short of the average estimate of $15.03 million [4] - Net interest income was$ 78.35 million, exceeding the average estimate of $72.71 million [4] Group 3 - Shares of Origin Bancorp have returned +6.4% over the past month, outperforming the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]