Origin Bancorp assumed with a Buy at DA Davidson

DA Davidson assumed coverage of Origin Bancorp (OBK) with a Buy rating with a price target of $42, down from $45. With the heavy lifting of the Optimize Origin initiative largely behind the company, the firm anticipates Q4 ROA to be closer to 1.10% than Origin’s 1% interim target, with a further positive directional trend anticipated for 2026, the analyst tells investors in a research note. The bank also stands to benefit from ongoing merger consolidation in TX and LA, the firm added.