Origin Bancorp, Inc.
- Open
- 52.27
- Day high
- 52.27
- Day low
- 51.43
- Prev close
- 52.27
- Volume
- 103K
- Mkt cap
- $1.6B
- P/E (TTM)
- 19.9
- EPS (TTM)
- $2.60
- P/B
- 1.3
- P/S
- 2.7
- Yield
- 1.35%
- Per share
- $0.70
- ▼Insiders net selling -$87K over the last 3 months (0 open-market buys, 1 sale)
- 🏛Institutions accumulating (13F)
Origin Bancorp, Inc. (OBK) is a Financial Services company listed on NYSE. The stock is up 36% over the past year. Over the trailing 3 months, insiders filed 0 open-market buys and 1 sale (SEC Form 4).
Origin Bancorp, Inc. (OBK) financials & analyst ratings
Fundamentals (TTM)
Analyst consensus · 2 analysts
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
OBK earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 23, 2026 | $0.90 | $0.89 | -1.1% | $104M | +0.0% |
| Jan 28, 2026 | $0.88 | $0.95 | +8.0% | $103M | -0.7% |
| Oct 22, 2025 | $0.89 | $0.27 | -69.7% | $108M | +8.2% |
| Jul 23, 2025 | $0.78 | $0.47 | -39.7% | $85M | -13.9% |
| Apr 23, 2025 | $0.68 | $0.71 | +4.4% | $95M | -1.3% |
| Jan 22, 2025 | $0.52 | $0.46 | -11.5% | $78M | -13.3% |
| Oct 23, 2024 | $0.64 | $0.60 | -6.3% | $90M | -3.7% |
| Jul 24, 2024 | $0.62 | $0.67 | +8.1% | $95M | +4.5% |
| Jan 24, 2024 | $0.62 | $0.43 | -30.6% | $80M | -10.4% |
| Oct 25, 2023 | $0.64 | $0.79 | +23.4% | $91M | +2.3% |
| Jul 26, 2023 | $0.67 | $0.70 | +4.5% | $90M | -1.9% |
| Jan 26, 2023 | $0.99 | $0.95 | -4.0% | $97M | -5.2% |
OBK insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jul 15, 2026 | Farr Meryl Kennedydirector | Grant | 845 | — |
| Jul 15, 2026 | Farr Meryl Kennedydirector | Grant | 455 | — |
| Jul 15, 2026 | Farr Meryl Kennedydirector | Tax | 40 | $33.89 |
| Jul 15, 2026 | Farr Meryl Kennedydirector | Sell | 2,265 | $38.37 |
| Jul 15, 2026 | Farr Meryl Kennedydirector | Option | 152 | — |
| Jul 15, 2026 | Farr Meryl Kennedydirector | Grant | 1,220 | — |
| Jul 15, 2026 | Farr Meryl Kennedydirector | Grant | 1,573 | — |
| Jul 15, 2026 | Farr Meryl Kennedydirector | Option | 523 | — |
| Jul 15, 2026 | Farr Meryl Kennedydirector | Option | 525 | — |
| Jun 18, 2026 | Mills Drakedirector, officer: Chairman, President and CEO | Tax | 10,338 | $48.71 |
| Jun 18, 2026 | Mills Drakedirector, officer: Chairman, President and CEO | Option | 25,947 | — |
| May 22, 2026 | Crotwell Jimofficer: Chief Risk Officer | Option | 858 | — |
| May 22, 2026 | Mills Drakedirector, officer: Chairman, President and CEO | Tax | 2,068 | $47.38 |
| May 22, 2026 | Brolly Stephen Hofficer: Chief Accounting Officer | Tax | 231 | $47.38 |
| May 22, 2026 | Brolly Stephen Hofficer: Chief Accounting Officer | Option | 839 | — |
Source: OBK SEC Form 4 filings, latest Jul 15, 2026. For informational purposes only — not investment advice.
See the full OBK insider & 13F page →Origin Bancorp, Inc. company profile
Overview
Origin Bancorp, Inc. (NASDAQ:OBK) is a regional bank holding company founded in 1912 and headquartered in Ruston, Louisiana. The company operates through its subsidiary Origin Bank, providing traditional banking and financial services across Texas, Louisiana, and Mississippi. After going public in May 2018, Origin has grown significantly through both organic expansion and strategic acquisitions, including the 2022 merger with BTH Bank. The company currently manages approximately $9.7 billion in total assets and has been recognized as one of the best banks to work for in the United States.
Business
Origin Bancorp operates as a regional community bank serving small and medium-sized businesses, municipalities, and retail clients across the Gulf South region. The banking industry provides essential financial intermediation services, taking deposits from savers and lending money to borrowers while earning profit from the interest rate spread. The company's core banking services include traditional deposit products such as checking accounts, savings accounts, money market accounts, and certificates of deposit. On the lending side, Origin offers a comprehensive range of loan products including commercial real estate loans, construction and land development financing, consumer loans, residential mortgages, and commercial and industrial loans for businesses. Beyond traditional banking, Origin operates several specialized business segments. The mortgage warehouse lending business provides short-term financing to mortgage originators, representing one of the bank's most profitable segments. Origin also offers insurance services through personal and commercial property and casualty insurance products, generating over $7 million in annual fees. Additionally, the bank provides treasury management services, cash management solutions, and various digital banking platforms including mobile applications and online banking services. Geographically, Texas represents Origin's largest market, accounting for approximately 70% of loans and 54% of deposits. The company has been actively expanding its Southeast presence, particularly in South Alabama and the Florida Panhandle, while maintaining strong positions in Louisiana and Mississippi markets.
Revenue model
Origin Bancorp generates revenue primarily through net interest income, which is the difference between interest earned on loans and investments and interest paid on deposits and borrowings. This traditional banking model depends on maintaining a positive interest rate spread while managing credit risk and operational expenses. The bank's primary revenue streams include interest income from its diversified loan portfolio, with commercial real estate and commercial and industrial loans forming the largest components. The highly profitable mortgage warehouse lending segment provides short-term financing to mortgage originators, generating both interest income and fee revenue. Non-interest income sources include insurance commissions, treasury management fees, mortgage origination and servicing fees, and various banking service charges. Origin's customers are primarily small and medium-sized businesses, municipalities, and retail banking clients across its three-state footprint. The bank emphasizes relationship banking, focusing on comprehensive financial partnerships rather than transactional services, which helps maintain customer loyalty and cross-selling opportunities. Several factors influence Origin's profitability margins. Interest rate environments significantly impact net interest margins - rising rates generally benefit banks by allowing higher loan yields, though deposit costs also increase. Credit quality directly affects profitability through loan loss provisions and charge-offs. Regulatory compliance costs, particularly as the bank approaches the $10 billion asset threshold that triggers enhanced regulatory requirements, represent a significant expense consideration. Competition from larger national banks and fintech companies can pressure both deposit costs and loan pricing. Economic conditions in the Gulf South region, particularly in the energy and real estate sectors, influence loan demand and credit performance.
Competitive moat
Origin Bancorp's competitive moat is moderate and primarily derived from its established regional presence and relationship-focused banking model. The company benefits from deep local market knowledge and long-standing customer relationships in Texas, Louisiana, and Mississippi markets, which creates switching costs for business clients who value personalized service and local decision-making. The bank's specialized expertise in mortgage warehouse lending provides a differentiated revenue stream that requires specific operational capabilities and regulatory compliance knowledge. This niche business generates higher margins than traditional banking and has barriers to entry due to its complexity and capital requirements. However, Origin faces significant competitive pressures that limit its moat strength. Large national banks possess superior technology platforms, broader product offerings, and greater pricing flexibility due to their scale advantages. Regional competitors like Hancock Whitney, Iberiabank (now First Horizon), and other Gulf South banks compete directly for the same customer base. The rise of digital banking and fintech solutions threatens traditional relationship banking models, particularly for smaller business clients who may prioritize convenience over personal relationships. The approaching $10 billion asset threshold presents both challenges and opportunities. While crossing this threshold will increase regulatory compliance costs and operational complexity, it may also provide competitive advantages through enhanced capabilities and credibility with larger commercial clients. Origin's ability to maintain its community banking culture while scaling operations will be crucial for preserving its competitive position in an increasingly consolidated banking industry.
Risks & safety
Origin Bancorp demonstrates solid financial stability with manageable risk levels, though profitability remains below peer benchmarks. • **Liquidity and Solvency**: Strong cash position of $470 million, debt-to-equity ratio of 14.5%, no immediate solvency concerns • **Asset Quality**: Net charge-offs at 0.18% annually, past due loans at 0.49%, classified loans at 1.35% - all indicating good credit management • **Capital Adequacy**: Well-capitalized with total equity of $1.1 billion supporting $9.7 billion in assets • **Valuation Metrics**: Trading at 0.91x book value, 18.2x trailing earnings, appears reasonably valued but not deeply discounted • **Profitability Concerns**: ROA of 1.25% and ROE of 6.7% remain below industry standards, though management targets 1% ROA by Q4 2025 • **Operational Risk**: Approaching $10 billion asset threshold will trigger higher regulatory compliance costs and operational complexity
Recent development
Over the past two years, Origin Bancorp has undergone significant strategic transformation focused on optimizing performance and preparing for enhanced scale. The company completed its largest acquisition with the BTH Bank merger in August 2022, which nearly doubled loan growth and strengthened the Texas market presence to 70% of total loans. In 2024, management launched the comprehensive "Optimize Origin" initiative targeting sustainable, elite-level financial performance through three pillars: productivity and efficiency improvements, balance sheet optimization, and enhanced culture and employee engagement. This program included closing eight banking centers, repositioning underperforming loan production teams, and implementing process automation that has saved over 3,000 hours quarterly. The bank has aggressively expanded into Southeast markets, particularly South Alabama and the Florida Panhandle, projecting $115 million in deposits and loans by year-end 2024. This geographic diversification strategy aims to reduce concentration risk while accessing faster-growing markets. Technology investments have been substantial, with Origin implementing robotic process automation across approximately 50 processes, reducing mobile deposit fraud losses by 84%, and enhancing data analytics capabilities. The company sold its mortgage servicing rights in 2024 to reduce earnings volatility while maintaining its profitable mortgage warehouse lending business. Management has established aggressive profitability targets, aiming for 1% return on assets by Q4 2025 and ultimately targeting top-quartile industry performance. The optimization efforts are expected to generate approximately $21 million in annual pre-tax, pre-provision earnings improvements.
OBK company profile · for informational purposes only — not investment advice.
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