Origin Bancorp, Inc. Reports Earnings For Third Quarter 2024
Origin Bancorp, Inc. (OBK)
Company Research
Source: GlobeNewswire
RUSTON, La., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Origin Bancorp, Inc. (NYSE: OBK) (“Origin,” “we,” “our” or the “Company”), the holding company for Origin Bank (the “Bank”), today announced net income of $18.6 million, or $0.60 diluted earnings per share for the quarter ended September 30, 2024, compared to net income of $21.0 million, or $0.67 diluted earnings per share, for the quarter ended June 30, 2024. Pre-tax, pre-provision (“PTPP”)(1) earnings was $28.3 million for the quarter ended September 30, 2024, compared to $32.0 million for the linked quarter. “I am pleased with the balance sheet trends we showed in the third quarter,” said Drake Mills, chairman, president and CEO of Origin Bancorp, Inc. “I am confident these trends will continue and our bankers will capitalize on opportunities throughout our markets.” (1) PTPP earnings is a non-GAAP financial measure, please see the last few pages of this document for a reconciliation of this alternative financial measure to its mos
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OBK
News
- Origin Bancorp, Inc. (NASDAQ: OBK) was upgraded by analysts at Raymond James from a "moderate buy" rating to a "strong-buy" rating.MarketBeat
- Origin Bancorp (NYSE:OBK) sheds US$103m, company earnings and investor returns have been trending downwards for past three years [Yahoo! Finance]Yahoo! Finance
- Origin Bancorp, Inc. (NASDAQ: OBK) had its price target raised by analysts at Keefe, Bruyette & Woods from $37.00 to $42.00. They now have an "outperform" rating on the stock.MarketBeat
- Be Sure To Check Out Origin Bancorp, Inc. (NYSE:OBK) Before It Goes Ex-Dividend [Yahoo! Finance]Yahoo! Finance
- Origin Bancorp, Inc. (NASDAQ: OBK) had its price target lowered by analysts at DA Davidson from $41.00 to $38.00. They now have a "buy" rating on the stock.MarketBeat
OBK
Earnings
- 10/23/24 - Miss
OBK
Sec Filings
- 12/10/24 - Form 4
- 11/21/24 - Form 4
- 11/15/24 - Form 4
- OBK's page on the SEC website