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OP Bancorp Q1 FY26 net income rises 30% to $7.23 million

PUBT·05/15/2026 20:41:42
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OP Bancorp Q1 FY26 net income rises 30% to $7.23 million
  • OP Bancorp first-quarter net income rose 30% to USD 7.23 million, lifting basic EPS to USD 0.49.
  • Net interest income increased 18% to USD 20.52 million, widening net interest margin by 18 basis points to 3.19%.
  • Noninterest income fell 16% to USD 4.03 million, reflecting a 54% drop in service charges on deposits to USD 463,000.
  • Total assets climbed 2% to USD 2.7 billion, while gross loans rose 2% to USD 2.23 billion on USD 41.14 million of CRE growth.
  • Nonperforming loans increased 30% to USD 18.3 million, driven by a single USD 4.1 million CRE relationship that moved to nonaccrual and is expected to be fully paid off in the second quarter.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OP Bancorp published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001722010-26-000014), on May 15, 2026, and is solely responsible for the information contained therein.