tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

OP Bancorp Announces Stock Repurchase Program Approval

Story Highlights
  • OP Bancorp announced a stock repurchase program for up to 700,000 shares.
  • The repurchase program allows flexibility in capital management, impacting stock price and perception.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OP Bancorp Announces Stock Repurchase Program Approval

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

OP Bancorp ( (OPBK) ) just unveiled an announcement.

On August 28, 2025, OP Bancorp announced that its Board of Directors approved a stock repurchase program authorizing the buyback of up to 700,000 shares of its common stock. The repurchase program will be conducted in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, allowing purchases in open market transactions or privately negotiated deals. The company, however, is not obligated to repurchase shares, with the timing and amount subject to management’s discretion based on market conditions. This move could potentially impact the company’s stock price and market perception, offering flexibility in capital management.

The most recent analyst rating on (OPBK) stock is a Buy with a $14.50 price target. To see the full list of analyst forecasts on OP Bancorp stock, see the OPBK Stock Forecast page.

Spark’s Take on OPBK Stock

According to Spark, TipRanks’ AI Analyst, OPBK is a Outperform.

OP Bancorp’s overall stock score is driven by strong financial performance and favorable valuation. The company’s solid financial health and strategic expansion efforts are significant strengths. Technical analysis presents mixed signals, but the stock’s attractive valuation and positive corporate events bolster its investment appeal.

To see Spark’s full report on OPBK stock, click here.

More about OP Bancorp

OP Bancorp is a California-based corporation whose common stock is listed on the Nasdaq Global Market under the ticker symbol OPBK. The company operates Open Bank, which engages in general commercial banking across Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Texas, and Clark County in Nevada. It focuses on serving small- and medium-sized businesses, professionals, and residents, with a particular emphasis on Korean and other ethnic minority communities. Open Bank has twelve full-service branch offices and five loan production offices across various states.

Average Trading Volume: 92,062

Technical Sentiment Signal: Strong Buy

Current Market Cap: $210.2M

Find detailed analytics on OPBK stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1