open bank is a community bank headquartered in los angeles, ca. our vision to be known as a faith-based community bank focused on relationship banking. our mission •to deliver best in class customer relationship management •to deliver top-tier shareholder returns among peer banks •to become an employer of choice by employees •to support the enhancement of our community’s quality of life
Company profile
Ticker
OPBK
Exchange
Website
CEO
Min Kim
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
OPBK stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
29 Mar 24
8-K
Op Bancorp Reports Net Income for 2023 Fourth Quarter
25 Jan 24
10-Q
2023 Q3
Quarterly report
13 Nov 23
8-K
Op Bancorp Reports Net Income for 2023 Third Quarter
26 Oct 23
8-K
OP Bancorp Announces New Stock Repurchase Program
28 Aug 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
8-K
Op Bancorp Reports Net Income for 2023 Second Quarter
27 Jul 23
8-K
Submission of Matters to a Vote of Security Holders
23 Jun 23
10-Q
2023 Q1
Quarterly report
15 May 23
DEF 14A
Definitive proxy
12 May 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 105.74 mm | 105.74 mm | 105.74 mm | 105.74 mm | 105.74 mm | 105.74 mm |
Cash burn (monthly) | 12.67 mm | 128.42 k | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 84.41 mm | 855.28 k | n/a | n/a | n/a | n/a |
Cash remaining | 21.33 mm | 104.88 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 1.7 | 816.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
45.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 48 |
Opened positions | 7 |
Closed positions | 13 |
Increased positions | 12 |
Reduced positions | 20 |
13F shares | Current |
---|---|
Total value | 44.23 bn |
Total shares | 6.73 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
MFC Manulife Financial | 887.67 k | $11.33 mm |
KLK Capital Management | 737.50 k | $6.22 bn |
Manufacturers Life Insurance Company, The | 635.00 k | $5.35 bn |
Vanguard | 627.56 k | $5.29 bn |
Stieven Capital Advisors | 515.95 k | $4.35 bn |
Acadian Asset Management | 346.28 k | $2.92 mm |
Wellington Management | 327.41 k | $2.76 bn |
Dimensional Fund Advisors | 324.56 k | $2.74 bn |
Context BH Capital Management | 281.62 k | $2.37 bn |
BLK Blackrock | 202.02 k | $1.70 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Kim Min | Common Stock | Payment of exercise | Dispose F | No | No | 10.4 | 30,769 | 320.00 k | 596,879 |
1 Apr 24 | Kim Min | Common Stock | Option exercise | Acquire M | No | No | 8 | 60,000 | 480.00 k | 627,648 |
1 Apr 24 | Kim Min | Stock Option Common Stock | Option exercise | Dispose M | No | No | 8 | 60,000 | 480.00 k | 0 |
6 Feb 24 | Brian Choi | Common Stock | Buy | Acquire P | No | No | 9.9488 | 4,914 | 48.89 k | 1,298,520 |
20 Dec 23 | Ki Won Yoon | Common Stock | Option exercise | Acquire M | No | No | 0 | 137 | 0.00 | 52,137 |
20 Dec 23 | Ki Won Yoon | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 137 | 0.00 | 10,000 |
20 Dec 23 | Ki Won Yoon | RSU Common Stock | Grant | Acquire A | No | No | 0 | 137 | 0.00 | 10,137 |
15 Sep 23 | Ki Won Yoon | Common Stock | Option exercise | Acquire M | No | No | 6.4 | 20,000 | 128.00 k | 52,000 |
15 Sep 23 | Ki Won Yoon | Stock Option Common Stock | Option exercise | Dispose M | No | No | 6.4 | 20,000 | 128.00 k | 0 |
26 Jun 23 | Ihnsuk Jimmy Bang | Common Stock | Option exercise | Acquire M | No | No | 0 | 9,000 | 0.00 | 20,000 |