Origin Bancorp (OBK) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Origin Bancorp

NYSE•Financial Services•Banks - Regional

$54.04-0.44(-0.01%)Market open

Market Cap

$1.66B

P/E

16.6x

P/S

2.7x

P/B

1.3x

Origin Bancorp, Inc. operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, and retail clients in Texas, Louisiana, Alabama, and Mississippi. It provides noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers commercial real estate, construction and land development, consumer, residential real estate, commercial and industrial, mortgage warehouse, and residential mortgage loans. The company offers personal and commercial property, and casualty insurance products; and internet banking and voice response information, mobile applications, cash management, business credit cards, overdraft protection, direct deposit, safe deposit boxes, automatic account transfers, peer-to-peer electronic pay solutions, and personal financial management solutions; and mobile and online banking, treasury management, mortgage origination and servicing facilities, commercial and consumer loans, and insurance services. The company was founded in 1991 and is headquartered in Ruston, Louisiana.

How this company scores

WeakMetricSide Score: 80/100

Grade capped at D — Interest coverage below 1× (1.0x) — earnings cannot cover interest. Strongest: Cash & Earnings Quality (25/25); weakest: Growth (16/25).

Profitability21/25

Growth16/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowStrong marginsRising earningsLow leverage

Grade capped at D

Interest coverage below 1× (1.0x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 16.6x5y range 8.9x – 18.2x

Currently above its 20-quarter median.

P/S · 2.7x5y range 1.6x – 3.4x

Currently above its 20-quarter median.

P/B · 1.3x5y range 0.9x – 1.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Revenue Decline

Watch

Revenue has softened, declining in 4 quarters. Watch for further erosion.

Price & Volume

Market Cap $1.66B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $612.85M
Q. Revenue: $151.12M
TTM EBITDA: $141.88M
TTM Op. Income: $126.83M
Q. Op. Income: $43.12M
TTM Net Income: $99.68M
Q. Net Income: $33.85M
EPS: $1.1
Shares Out.: $30.85M

$612.85M in TTM revenue grew 5.0% YoY, reaching $151.12M last quarter. TTM EBITDA of $141.88M and TTM operating income of $126.83M show growth is flowing through to the bottom line. TTM net income of $99.68M means revenue is converting into profit. Over the past year, TTM revenue is up 5% — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 71.2%
EBITDA Margin: 29.5%
Op. Margin: 28.5%
Net Margin: 22.4%

Op. margin of 28.5% is up 14.8% YoY — cost efficiency is improving. Net margin at 22.4% and gross margin of 71.2% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 108% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 16.6x
P/S Ratio: 2.7x
P/B Ratio: 1.3x

At 16.6x P/E, the stock trades within typical market levels. P/S of 2.7x and P/B of 1.3x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 2 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $10.28B
Cash: $546.53M
Long-Term Debt: $16.59M
Book Value: $1.28B
D/E Ratio: 0.0
Debt/EBITDA: 0.4

With $10.28B in assets and $16.59M in long-term debt, D/E is 0.0and book value is $1.28B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 6 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $40.00M
TTM Free Cash Flow: $175.38M
FCF Margin: 28.6%
FCF / Net Income: 1.8

TTM FCF of $175.38M on $40.00M in operating cash flow. The FCF / Net Income ratio of 1.8x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 7 consecutive quarters — an improving trend.