OP Bancorp (OPBK) Stock Fundamentals, Analysis & Risk Signals

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

OP Bancorp

NasdaqGM•Financial Services•Banks - Regional

$15.46+0.11(0.01%)Market closed

Market Cap

$229.81M

P/E

7.9x

P/S

2.3x

P/B

1.0x

OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services. It offers demand, savings, money market, and time deposit accounts, as well as certificates of deposit. It also provides commercial real estate, small business administration, home mortgage, and consumer loans. It operates full branch offices in Los Angeles and Orange Counties in California, as well as Santa Clara, California; Carrollton, Texas; Las Vegas, Nevada Pleasanton, California; Atlanta, Georgia; Aurora, Colorado; Lynnwood, Washington; and Fairfax, Virginia. The company was founded in 2005 and is headquartered in Los Angeles, California.

How this company scores

WeakMetricSide Score: 79/100

Grade capped at D — Interest coverage below 1× (0.6x) — earnings cannot cover interest. Strongest: Profitability (23/25); weakest: Balance Sheet & Red Flags (13/25).

Profitability23/25

Growth22/25

Balance Sheet & Red Flags13/25

Cash & Earnings Quality21/25

Strengths

Rising free cash flowStrong marginsRising earningsLow leverage

Grade capped at D

Interest coverage below 1× (0.6x) — 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 · 7.9x5y range 4.1x – 11.0x

Currently near its 20-quarter median.

P/S · 2.3x5y range 1.4x – 2.8x

Currently near its 20-quarter median.

P/B · 1.0x5y range 0.7x – 1.3x

Watch items

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

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Leverage Risk

Watch

Debt-to-equity has risen 78.4% recently — increasing financial risk even if the current ratio is manageable.

Price & Volume

Market Cap $229.81M

Metrics at a Glance

as of June 2026

Revenue & Profit

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

TTM Revenue: $99.03M
Q. Revenue: $25.72M
TTM EBITDA: $55.77M
TTM Op. Income: $40.15M
Q. Op. Income: $11.04M
TTM Net Income: $28.95M
Q. Net Income: $7.98M
EPS: $0.54
Shares Out.: $14.90M

$99.03M in TTM revenue grew 12.5% YoY, reaching $25.72M last quarter. TTM EBITDA of $55.77M and TTM operating income of $40.15M show growth is flowing through to the bottom line. TTM net income of $28.95M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 49.7%
Op. Margin: 42.9%
Net Margin: 31.0%

Op. margin of 42.9% is up 7.3% YoY — cost efficiency is improving. Net margin at 31.0% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

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

P/E Ratio: 7.9x
P/S Ratio: 2.3x
P/B Ratio: 1.0x

At 7.9x P/E, the stock trades below typical market levels. P/S of 2.3x and P/B of 1.0x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 8% — a weakening trend.

Assets & Liabilities

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

Total Assets: $2.74B
Cash: $175.05M
Long-Term Debt: $99.63M
Book Value: $238.64M
D/E Ratio: 0.4
Debt/EBITDA: 7.8

With $2.74B in assets and $99.63M in long-term debt, D/E is 0.4and book value is $238.64M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

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

Op. Cash Flow: $-7.31M
TTM Free Cash Flow: $27.01M
FCF Margin: 27.3%
FCF / Net Income: 0.9

TTM FCF of $27.01M on $-7.31M in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.