Los Angeles, May 24, 2026, 12:03 PDT
- OPBK finished Friday at $14.14, slipping about 0.3% during the session. Shares are still up around 3.5% from last Friday’s close.
- Nasdaq won’t open Monday because of Memorial Day. Regular trading is set to resume Tuesday.
- Investors start the shortened week watching OP Bancorp’s late Q1 filing, dividend boost, and credit trends.
OP Bancorp stock wrapped up trading at $14.14 ahead of the Memorial Day break, logging a small rebound for the week. Markets in the U.S. are closed Monday, May 25 for the holiday, according to Nasdaq’s schedule.
OPBK is trading with its first-quarter numbers out now. OP Bancorp filed its 10-Q on May 15 after it told the market it needed extra time for its unaudited statements and audit review. The company said no change is expected to its earlier results.
The stock fell 0.3% Friday, trading 29,351 shares. That left it roughly 3.5% over the May 15 close at $13.66. Not much volume. The climb looked like a recovery move following a soft patch in mid-May.
OP Bancorp runs Open Bank, which lends to small and mid-sized businesses and professionals, with a focus on Korean and Asian communities in markets like California, Texas, Nevada, plus some other loan offices. So for investors, it’s mainly a small-bank credit and deposit play, rather than just about the share price.
OP Bancorp posted Q1 net income of $7.2 million, up from $5.6 million a year ago. Diluted EPS rose to 48 cents from 37 cents. EPS, or earnings per share, is profit per common share. Net interest margin came in at 3.19%, compared to 3.01% last year.
OP Bancorp CEO Sang K. Oh told investors in the earnings release that the bank’s credit quality is “sound and manageable” and said the lender has a “solid capital base.” The shares have yet to move higher, but those words may be why investors are showing some patience after the filing delay. Business Wire
Some numbers were softer. Nonperforming loans ticked up to 0.82% of gross loans at March 31, compared with 0.64% at year-end. Provision for credit losses was $412,000, falling from $736,000 a year ago. The filing pointed to lower qualitative reserves, though those were partially offset by higher specific reserves related to more nonaccrual commercial real estate loans.
OP Bancorp bumped its quarterly cash dividend up to 14 cents a share from 12 cents, a 17% boost. The payout is set for May 21 for shareholders on record as of May 7. For a lightly traded bank stock, that kind of capital return can register, but it doesn’t wipe out credit risk.
Mixed moves for peers. Hope Bancorp dropped 0.6% Friday, PCB Bancorp slipped 0.1% and Hanmi Financial finished down 0.4%. The SPDR S&P Regional Banking ETF (KRE) managed a 0.2% gain. OPBK’s own loss on Friday tracked in line with the low-key action in both Korean-American lenders and the regional banking group.
Small banks got a boost as the market climbed. The Dow ended Friday at an all-time high and the S&P 500 notched its eighth week in a row of gains. “Earnings season looked really good,” James St. Aubin, chief investment officer at Ocean Park Asset Management, told Reuters, saying that kept risk appetite strong before the holiday. Reuters
But risks are clear. OP Bancorp said 89% of gross loans are backed by real property, and its filing cautioned that lower real estate values or stressed borrowers could hurt collateral and drive up losses. The bank also flagged that rates impact loan demand, deposit pricing, funding costs and credit risk. Any negative shift there could pressure the margins investors are counting on.
Tuesday trading will test if OPBK sticks above $14 after last week’s 3.5% gain. The market was closed Monday, so action could come down to continued buying in smaller regional banks more than any new headlines from the company itself after the holiday break.
