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Origin Bancorp (OBK)
NYSE:OBK
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.77Last Year’s EPS
0.67Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: 8.70%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights a strong performance in net interest margin expansion, deposit growth, and employee engagement. However, there are notable concerns regarding increased past due and non-performing loans, as well as pressures on non-interest income due to restructuring. The optimism for loan growth is tempered by economic uncertainty.Company Guidance
During Origin Bancorp Inc.'s first quarter earnings call for fiscal year 2025, the company provided detailed guidance on several key financial metrics. Origin Bancorp's strategic plan, Optimize Origin, aims to achieve a return on assets (ROA) run rate of 1% or greater by the fourth quarter of 2025, with a long-term goal of reaching the top quartile of peers. The company expects an annual pre-tax earnings improvement of approximately $1.5 million from restructuring its mortgage business. In the first quarter, net interest margin expanded to 3.44%, with net interest income improving quarter-over-quarter. The annualized ROA was reported at 93 basis points. Deposit growth was strong, with deposits excluding brokered deposits growing at an annualized rate of 7.2%. The company also identified $50 million in desired reductions in past relationships, bringing total targeted reductions to $200 million over the past year. Classified loans increased slightly to 1.68% of total loans, while net charge-offs for the quarter were $2.7 million, or 0.15% on an annualized basis. Tangible book value grew to $32.43, marking the tenth consecutive quarter of linked quarter growth, and the TCE ratio ended at 10.6%. Origin remains focused on loan growth, maintaining guidance for mid to high-single-digit growth in 2025, and adjusting deposit strategies to support this growth.Net Interest Margin Expansion
Net interest margin expanded by 11 basis points during the quarter to 3.44%, ahead of expectations. The company increased its margin guidance by 5 basis points to 3.50% for the fourth quarter of 2025.
Deposit Growth
Deposits excluding brokered grew 7.2% on an annualized basis. Non-interest-bearing deposits saw their first year-over-year growth since Q4 2022.
Loan Growth and Portfolio Optimization
Despite macroeconomic challenges, the company still anticipates mid to high-single-digit loan growth in 2025. They achieved approximately $50 million in desired reductions, bringing total targeted reductions to approximately $200 million over the past four quarters.
Employee Engagement and Culture
The company reported high levels of employee engagement, well within the global top 10% benchmark, indicating strong alignment with strategic goals.
Tangible Book Value and Capital Ratios
Tangible book value grew sequentially to $32.43, marking the tenth consecutive quarter of growth. The TCE ratio ended the quarter at 10.6%.
OBK Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OBK Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2025 | $31.60 | $31.69 | +0.28% |
Jan 22, 2025 | $35.08 | $36.76 | +4.79% |
Oct 23, 2024 | $31.73 | $30.96 | -2.43% |
Jul 24, 2024 | $35.72 | $34.00 | -4.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Origin Bancorp (OBK) report earnings?
Origin Bancorp (OBK) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Origin Bancorp (OBK) earnings time?
Origin Bancorp (OBK) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OBK EPS forecast?
OBK EPS forecast for the fiscal quarter 2025 (Q2) is 0.77.