OP Bancorp (OP Bancorp) Debt-to-Equity : 0.59 (As of Dec. 2023)

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What is OP Bancorp Debt-to-Equity?

OP Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. OP Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $114.34 Mil. OP Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $192.63 Mil. OP Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 0.59.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for OP Bancorp's Debt-to-Equity or its related term are showing as below:

OPBK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.12 Max: 0.59
Current: 0.59

During the past 13 years, the highest Debt-to-Equity Ratio of OP Bancorp was 0.59. The lowest was 0.06. And the median was 0.12.

OPBK's Debt-to-Equity is ranked better than
54.45% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs OPBK: 0.59

OP Bancorp Debt-to-Equity Historical Data

The historical data trend for OP Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OP Bancorp Debt-to-Equity Chart

OP Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.07

0.09

0.06

0.59

OP Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.33	0.47	0.57	0.59	0.59

Competitive Comparison of OP Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, OP Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

OP Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, OP Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where OP Bancorp's Debt-to-Equity falls into.

OP Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OP Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	114.341)	/	192.626
	=	0.59

OP Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	114.341)	/	192.626
	=	0.59

OP Bancorp (NAS:OPBK) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

OP Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of OP Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

OP Bancorp (OP Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OP Bancorp (NAS:OPBK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1000 Wilshire Boulevard, Suite 500, Los Angeles, CA, USA, 90017

Website

https://www.myopenbank.com

OP Bancorp is engaged in the financial service domain in the United States. It is a holding company of the Open Bank, which is a California state-chartered an FDIC-insured financial institution. The company core activities reflect accepting deposits and making loans and investments. Its deposit products are demand and time deposits, and the primary lending products are commercial business loans which are offered to small and medium-sized businesses.

Executives

Hyung J Kim	director	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Sunny Kwon	director	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Yong Sin Shin	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Brian Choi	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ock Hee Kim	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ryan Shin	officer: Chief SBA Officer	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Jae H. Park	officer: Chief Risk Officer	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Ki Won Yoon	officer: Chief Lending Officer	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Kathrine Duncan	officer: Chief Risk Officer	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ihnsuk Jimmy Bang	officer: Chief Banking Officer	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Ernest Dow	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Christine Yoon Oh	officer: Chief Financial Officer	3731 WILSHIRE BLVD., SUITE 1000, LOS ANGELES CA 90010
Myung Park	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Jason Hwang	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Sang Kyo Oh	officer: CHIEF CREDIT OFFICER	1000 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90017