OPBK
OP BancorpFinancial Services·Banks - Regional
$14.06
$209M market cap
Revenue
$85.3M
Free Cash Flow
$7.6M
Rev Growth
+0.0%
FCF Margin
8.9%
P/FCF
27.6x
EV/FCF
19.7x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California. It offers demand, checking, savings, money market, and time deposit accounts, as well as certificates of deposit. The company also provides commercial real estate, small business administration, commercial and industrial business, single-family residential, term, consumer, and home mortgage loans; trade financing products; and letters of credit, and SWIFT and export advice. In
2-Year Price History
$14.14+55.6%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 42.6 | 9.9 | 9.9 | 7.2 | 7.7 | 7.6 | -0.1 | 169.8 | 110.1 | 14.9 | 15.4% | 0.6x | -- |
| Act | 2025-Q4 | 42.7 | 11.2 | 9.5 | 7.1 | 3.6 | -0.0 | -3.6 | 434.0 | 121.9 | 14.9 | 14.4% | 0.6x | -- |
Valuation & Metrics
Market Stats
Price$14.06
Market Cap$209M
Enterprise Value$150M
P/S Ratio2.5x
P/FCF27.6x
EV/FCF19.7x
FCF Margin (TTM)8.9%
FCF Yield3.6%
Dividend Yield (TTM)4.4%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$85.3M
Net Income$14.3M
Free Cash Flow$7.6M
Revenue Growth (YoY)+0.0%
EBITDA Margin24.7%
Net Margin16.8%
FCF Margin8.9%
CapEx % of Revenue4.3%
SBC % of Revenue0.5%
ROIC14.9%
WC Change % Rev-17.4%
Interest Coverage0.6x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.1M
Days to Cover3.6
Change (vs Prior)-8.7%
Need at least 2 settlement dates for chart
Employees
Headcount231
Revenue / Employee$369,130
Gross Profit / Employee$207,623
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
41.4%(+7.6% YoY)
82 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
16.3%(+7.7% YoY)
9 filers
Vanguard, iShares, SPDR
Market makers
0.0%(-1.2% YoY)
2 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| DIVERSIFY WEALTH MANAGEMENT, LLC | $26.5M | $13.17 | +$24.2M | +$26.5M | -0.3% | $5.54B |
| BlackRock, Inc.Passive | $9.9M | $12.55 | −$30K | +$7.9M | -0.2% | $5.69T |
| ALLIANCEBERNSTEIN L.P. | $9.2M | $9.08 | −$424K | −$2.1M | -0.3% | $307.70B |
| DIMENSIONAL FUND ADVISORS LPPassive | $8.5M | $10.19 | +$351K | +$1.4M | -0.4% | $480.92B |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $7.5M | $9.37 | −$116K | −$333K | -0.2% | $113.45B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $7.4M | $13.17 | +$7.4M | +$7.4M | — | $4.04T |
| Truffle Hound Capital, LLC | $5.3M | $14.98 | +$0 | −$2.1M | +3.0% | $163M |
| MALTESE CAPITAL MANAGEMENT LLC | $3.6M | $10.28 | +$0 | +$484K | -0.7% | $508M |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $3.5M | $12.23 | −$103K | +$1.9M | +2.3% | $1.61T |
| Gator Capital Management, LLC | $3.5M | $9.20 | +$161K | +$122K | +2.2% | $469M |
| ACADIAN ASSET MANAGEMENT LLC | $3.4M | $10.38 | −$22K | −$209K | -0.5% | $70.48B |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $2.5M | $9.12 | −$259K | −$327K | -2.3% | $4.93B |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $2.1M | $11.98 | +$286K | +$1.1M | +0.1% | $184.72B |
| Connor, Clark & Lunn Investment Management Ltd. | $2.0M | $12.08 | +$36K | +$822K | +0.6% | $43.38B |
| STATE STREET CORPPassive | $2.0M | $12.89 | +$49K | +$1.3M | -0.2% | $2.89T |
| MARSHALL WACE, LLP | $1.6M | $12.58 | +$177K | +$1.5M | +0.6% | $92.71B |
| AMERICAN CENTURY COMPANIES INC | $1.6M | $12.21 | +$0 | +$657K | +0.7% | $193.48B |
| RAYMOND JAMES FINANCIAL INC | $1.3M | $14.64 | −$213K | −$6K | -0.0% | $322.69B |
| NORTHERN TRUST CORPPassive | $1.2M | $12.52 | +$96K | +$833K | -0.2% | $755.34B |
| Man Group plc | $1.1M | $12.12 | +$411K | +$1.1M | -0.4% | $47.62B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
+0.03%
avg per quarter
Holders (ex-self)
+0.06%
excl. this stock
Buyers (this Q)
-0.30%
27 buyers · $0.04B in
Sellers (this Q)
-0.30%
40 sellers · $0.01B out
alpha coverage: 92% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-22.4%
how holders react when this stock falls
On quiet Qs
-4.5%
−10% to +10% baseline
On rallies (+10%+)
-5.2%
how they react when this stock rises
Holders' portfolio flow this Q
+39.8%
inflows — adds are organic
Sellers' portfolio flow this Q
+8.3%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-1.9%
Holder mid (any stock)
+0.3%
Holder rally (any stock)
-1.5%
Biggest decreases this quarter
Diversify Advisory Services, LLCexited−$27.2MALLIANCEBERNSTEIN L.P.−$424Kα-0.3JANE STREET GROUP, LLCexited−$309KNewEdge Advisors, LLCexited−$274KBRIDGEWAY CAPITAL MANAGEMENT, LLC−$259Kα-2.3RAYMOND JAMES FINANCIAL INC−$213Kα-0.0RENAISSANCE TECHNOLOGIES LLC−$182Kα+1.2MANUFACTURERS LIFE INSURANCE COMPANY, THE−$116Kα-0.2GEODE CAPITAL MANAGEMENT, LLC−$103Kα+2.3BlackRock, Inc.−$30Kα-0.2
New buyers this quarter
Top-5 holders · 50.5%
DIVERSIFY WEALTH MANAGEMENT, LLC--
BlackRock, Inc.--
ALLIANCEBERNSTEIN L.P.--
DIMENSIONAL FUND ADVISORS LP--
MANUFACTURERS LIFE INSURANCE COMPANY, THE--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Diversify Advisory Services, LLC—DIVERSIFY WEALTH MANAGEMENT, LLC1.8MALLIANCEBERNSTEIN L.P.650KMANUFACTURERS LIFE INSURANCE COMPANY, THE567KEJF Capital LLC—KLK CAPITAL MANAGEMENT LLC—Truffle Hound Capital, LLC400KRhino Investment Partners, Inc—Stieven Capital Advisors, L.P.—DFPG INVESTMENTS, LLC—
Analyst Coverage
Analyst Coverage
Price Targets
Last Year (1 analysts)$17.002090.0%
Current Price$14.06
Analyst Ratings
1
1
Buy: 1Hold: 1Consensus: Buy
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$25K
1 txn · 1 insider · 2,000 sh
Sells ($, 12mo)
$12K
1 txn · 1 insider · 958 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-03-12 | SELL | Park Jaehyun | officer: Chief Financial Officer | 958 | $12.91 | $12K | $0 |
| 2025-05-30 | BUY | Sohn Myung Shin | director | 2,000 | $12.38 | $25K | $141K |
Order Flow (FINRA, ~3w lag)
6.2%retail+0.0pp
18.9%dark+1.2pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
OP Bancorp: Routine Administrative Filing Devoid of Forensic Red Flags
Overall Risk
1/10
Fraud
1/10
Dilution
1/10
Insolvency
1/10
Earnings Overstated
1/10
Hidden Liabilities
1/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
1/10
Contextually Acceptable
10/10