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OP Bancorp (OP Bancorp) Revenue : $80.25 Mil (TTM As of Dec. 2023)


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What is OP Bancorp Revenue?

OP Bancorp's revenue for the three months ended in Dec. 2023 was $19.91 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $80.25 Mil. OP Bancorp's Revenue per Share for the three months ended in Dec. 2023 was $1.31. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $5.31.

Warning Sign:

OP Bancorp revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of OP Bancorp was -11.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 14.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 14.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 11.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, OP Bancorp's highest 3-Year average Revenue per Share Growth Rate was 67.20% per year. The lowest was -30.20% per year. And the median was 12.10% per year.


OP Bancorp Revenue Historical Data

The historical data trend for OP Bancorp's Revenue 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 Revenue Chart

OP Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.70 56.14 77.04 94.53 82.87

OP Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.19 20.86 19.91 19.91 19.57

Competitive Comparison of OP Bancorp's Revenue

For the Banks - Regional subindustry, OP Bancorp's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the Banks Industry

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

* The bar in red indicates where OP Bancorp's Revenue falls into.



OP Bancorp Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $80.25 Mil.

* 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.


OP Bancorp  (NAS:OPBK) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


OP Bancorp Revenue Related Terms

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


OP Bancorp (OP Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1000 Wilshire Boulevard, Suite 500, Los Angeles, CA, USA, 90017
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

OP Bancorp (OP Bancorp) Headlines

From GuruFocus

OP Bancorp Declares Quarterly Cash Dividend of $0.12 Per Share

By Business Wire Business Wire 10-27-2022

OP Bancorp Declares Quarterly Cash Dividend of $0.07 per Share

By Business Wire Business Wire 07-24-2020

OP Bancorp Announces Additional Stock Repurchase Program

By Business Wire Business Wire 09-10-2020

OP Bancorp Appoints Sang Kyo Oh Chief Credit Officer

By Business Wire Business Wire 10-01-2020

OP Bancorp Declares Quarterly Cash Dividend of $0.07 per Share

By Business Wire Business Wire 04-22-2021

OP Bancorp Declares Quarterly Cash Dividend of $0.12 per Share

By Business Wire Business Wire 04-27-2023

OP Bancorp to Acquire SBA Loan Portfolio

By Business Wire Business Wire 02-03-2021