Tearsheet

Origin Bancorp (OBK)


Market Price (12/24/2025): $38.48 | Market Cap: $1.2 Bil
Sector: Financials | Industry: Regional Banks

Origin Bancorp (OBK)


Market Price (12/24/2025): $38.48
Market Cap: $1.2 Bil
Sector: Financials
Industry: Regional Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.4%, FCF Yield is 11%
Trading close to highs
Dist 52W High is -4.5%, Dist 3Y High is -4.5%
Key risks
OBK key risks include [1] its significant exposure to commercial real estate with deteriorating credit quality and [2] a material weakness in its internal controls over financial reporting.
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -107%
Weak multi-year price returns
2Y Excs Rtn is -34%, 3Y Excs Rtn is -67%
 
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 40%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 36%
Moderate capital ratio
Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 12%
 
3 Low stock price volatility
Vol 12M is 28%
  
4 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Digital Payments, Online Banking & Lending, Show more.
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 5.4%, FCF Yield is 11%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -107%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 40%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 36%
3 Low stock price volatility
Vol 12M is 28%
4 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, and Digital & Alternative Assets. Themes include Digital Payments, Online Banking & Lending, Show more.
5 Trading close to highs
Dist 52W High is -4.5%, Dist 3Y High is -4.5%
6 Weak multi-year price returns
2Y Excs Rtn is -34%, 3Y Excs Rtn is -67%
7 Moderate capital ratio
Tier 1 Capital / Risk Wtd Assets RatioTier 1 Capital / Risk-Weighted Assets is a common measure of financial strength for a bank. It reflects how much equity there is relative to assets where assets are weighted based on riskiness. Low ratios indicate the bank is highly vulnerable to even small changes in the value of their risk assets. is 12%
8 Key risks
OBK key risks include [1] its significant exposure to commercial real estate with deteriorating credit quality and [2] a material weakness in its internal controls over financial reporting.

Valuation, Metrics & Events

OBK Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

1. Net Income Decline: Origin Bancorp reported a net income of $8.6 million for the third quarter of 2025, representing a significant 41.1% decrease from the $14.6 million reported in the linked quarter.

2. Increase in Net Charge-offs and Classified Loans: The company experienced $31.4 million in net charge-offs during Q3 2025, with $3 million outside of Tricolor, and classified loans increased by $10.7 million, raising concerns about asset quality.

3. Sequential Decrease in Overall Loans: Total loans decreased by 1.9% sequentially, and by 0.6% when excluding mortgage warehouse, potentially indicating slower growth in the bank's lending portfolio.

4. Mixed Signals in Operational Performance: While pre-tax, pre-provision (PTPP) earnings significantly increased by 122% and net interest income reached its highest in ten quarters with an expanded net interest margin, the decline in net income might have overshadowed these operational improvements, leading to a slight negative market reaction.

5. Broader Regional Banking Sector Sentiment and Technical Signals: Despite a generally positive long-term outlook for regional banks in 2025, near-term technical signals for OBK on December 22, 2025, indicated neutral sentiment and resistance being tested, which could have contributed to minor price fluctuations. Show more

Stock Movement Drivers

Fundamental Drivers

The 8.4% change in OBK stock from 9/23/2025 to 12/23/2025 was primarily driven by a 26.4% change in the company's P/E Multiple.
923202512232025Change
Stock Price ($)35.4938.468.38%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)347.73366.375.36%
Net Income Margin (%)20.11%16.36%-18.63%
P/E Multiple15.8320.0026.38%
Shares Outstanding (Mil)31.1931.180.03%
Cumulative Contribution8.38%

LTM = Last Twelve Months as of date shown

Market Drivers

9/23/2025 to 12/23/2025
ReturnCorrelation
OBK8.4% 
Market (SPY)3.7%35.9%
Sector (XLF)3.1%60.7%

Fundamental Drivers

The 9.2% change in OBK stock from 6/24/2025 to 12/23/2025 was primarily driven by a 38.9% change in the company's P/E Multiple.
624202512232025Change
Stock Price ($)35.2138.469.24%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)358.20366.372.28%
Net Income Margin (%)21.29%16.36%-23.15%
P/E Multiple14.4020.0038.88%
Shares Outstanding (Mil)31.2131.180.07%
Cumulative Contribution9.24%

LTM = Last Twelve Months as of date shown

Market Drivers

6/24/2025 to 12/23/2025
ReturnCorrelation
OBK9.2% 
Market (SPY)13.7%37.0%
Sector (XLF)7.8%51.5%

Fundamental Drivers

The 17.6% change in OBK stock from 12/23/2024 to 12/23/2025 was primarily driven by a 48.6% change in the company's P/E Multiple.
1223202412232025Change
Stock Price ($)32.7138.4617.58%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)354.50366.373.35%
Net Income Margin (%)21.34%16.36%-23.32%
P/E Multiple13.4620.0048.62%
Shares Outstanding (Mil)31.1331.18-0.17%
Cumulative Contribution17.58%

LTM = Last Twelve Months as of date shown

Market Drivers

12/23/2024 to 12/23/2025
ReturnCorrelation
OBK17.6% 
Market (SPY)16.7%56.2%
Sector (XLF)15.7%64.2%

Fundamental Drivers

The 11.1% change in OBK stock from 12/24/2022 to 12/23/2025 was primarily driven by a 76.8% change in the company's P/E Multiple.
1224202212232025Change
Stock Price ($)34.6138.4611.14%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)298.87366.3722.58%
Net Income Margin (%)28.96%16.36%-43.50%
P/E Multiple11.3120.0076.82%
Shares Outstanding (Mil)28.3031.18-10.19%
Cumulative Contribution9.98%

LTM = Last Twelve Months as of date shown

Market Drivers

12/24/2023 to 12/23/2025
ReturnCorrelation
OBK11.2% 
Market (SPY)48.4%47.9%
Sector (XLF)52.3%62.9%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
OBK Return-25%56%-13%-1%-5%19%13%
Peers Return-6%24%-1%3%20%15%63%
S&P 500 Return16%27%-19%24%23%17%114%

Monthly Win Rates [3]
OBK Win Rate58%75%33%58%42%75% 
Peers Win Rate48%65%52%50%53%62% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
OBK Max Drawdown-54%-1%-16%-28%-21%-11% 
Peers Max Drawdown-53%-4%-15%-31%-13%-19% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: CFR, PB, TCBI, HWC, CADE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/23/2025 (YTD)

How Low Can It Go

Unique KeyEventOBKS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-44.0%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven78.4%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-54.5%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven119.6%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven295 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-24.1%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven31.8%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven554 days120 days

Compare to NEWT, ATLO, CBC, CBK, HYNE

In The Past

Origin Bancorp's stock fell -44.0% during the 2022 Inflation Shock from a high on 8/15/2022. A -44.0% loss requires a 78.4% gain to breakeven.

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Asset Allocation

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About Origin Bancorp (OBK)

Origin Bancorp, Inc. operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, high net worth individuals, and retail clients in Texas, Louisiana, and Mississippi. It offers noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers commercial real estate, construction and land development, consumer, residential real estate, commercial and industrial, mortgage warehouse, residential mortgage, and paycheck protection program loans. The company also offers personal and commercial property, and casualty insurance products; and Internet banking and voice response information, mobile applications, cash management, overdraft protection, direct deposit, safe deposit box, U.S. savings bonds, and automatic account transfer services; and treasury management, mortgage origination and servicing facilities, peer-to-peer electronic pay solutions, and personal financial management solutions. As of December 31, 2021, it operated 44 banking centers. The company was founded in 1912 and is headquartered in Ruston, Louisiana.

AI Analysis | Feedback

Here are 1-2 brief analogies to describe Origin Bancorp (OBK):

  • It's like a smaller, community-focused version of a regional bank like US Bancorp or PNC Financial, concentrated in Louisiana, Mississippi, and Texas.
  • Imagine a more localized Regions Financial, providing traditional banking services primarily to communities across Louisiana, Mississippi, and Texas.

AI Analysis | Feedback

  • Deposit Accounts: Offers various checking, savings, money market, and certificate of deposit accounts for individuals, businesses, and governmental entities.
  • Lending Services: Provides a comprehensive suite of loan products including commercial, commercial real estate, construction and land development, residential mortgage, and consumer loans.
  • Treasury Management Services: Delivers cash management, remote deposit capture, ACH origination, and wire transfer services to help businesses manage their finances.
  • Wealth Management: Offers financial planning, investment management, and trust services tailored for individuals and businesses.

AI Analysis | Feedback

Origin Bancorp (symbol: OBK) is a bank holding company. As such, it does not have "major customers" in the traditional sense like a manufacturing or retail company selling to a few large entities. Instead, it serves a broad base of individuals and businesses with various financial products and services.

Origin Bancorp primarily sells to individuals and businesses. The company serves the following categories of customers:

  • Retail/Consumer Customers: Individuals and families seeking personal banking services such as checking accounts, savings accounts, mortgages, home equity loans, personal loans, and other consumer financial products.
  • Commercial/Business Customers: Small to medium-sized businesses and corporate clients utilizing commercial loans, lines of credit, business checking and savings accounts, treasury management services, commercial real estate loans, and other business banking solutions.
  • Wealth Management Customers: Individuals, families, and businesses requiring investment management, financial planning, trust services, and private banking solutions to manage and grow their assets.

AI Analysis | Feedback

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AI Analysis | Feedback

Drake Mills, Chairman, President, and Chief Executive Officer

Drake Mills has served as CEO of Origin Bancorp since 2008 and Chairman of the Board since 2012, having initially been appointed CEO of Origin Bank in 2003 and President of the company in 1998. With over 36 years in banking, he began his career at Origin Bank as a check file clerk and advanced through various roles, including in-house system night operator, branch manager, consumer loan officer, commercial lender, and Chief Financial Officer, before becoming President and Chief Operations Officer in 1996. Under his leadership, Origin Bank has achieved significant organic asset growth. Mills is a past Chairman of the Louisiana Bankers Association and served on the Community Depository Institutions Advisory Council to the Federal Reserve Bank of Dallas, where he was appointed President for a one-year term in 2013. He holds a B.S. in Finance from Louisiana Tech University and is a graduate of the Graduate School of Banking of the South.

Lance Hall, President and Chief Executive Officer of Origin Bank

Lance Hall was promoted to President and Chief Executive Officer of Origin Bank, the company's banking subsidiary, in January 2020. He has dedicated over 20-25 years to the organization, holding diverse positions such as Louisiana State President, Chief Strategy Officer, and Chief Operating Officer, overseeing the bank's operations, technology, strategic planning, and brand teams. Before joining Origin Bank, Hall spent four years at Regions Bank as a Credit Analyst and Commercial Relationship Manager. He earned a Bachelor of Business Administration in managerial finance from the University of Mississippi and is an alumnus of the Graduate School of Banking at Louisiana State University.

Wally Wallace, Chief Financial Officer

Wally Wallace serves as the Chief Financial Officer of Origin Bancorp and Origin Bank.

Stephen Brolly, Senior Executive Officer and Chief Accounting Officer

Stephen Brolly joined Origin Bancorp in January 2018 as Chief Financial Officer. Prior to this, he served as Chief Financial Officer of Fidelity Southern Corporation and its subsidiary, Fidelity Bank, for approximately ten years from 2006 to 2017. In this role, he managed equity and debt raising activities, strategic planning, budgeting, forecasting, and various financial and operational aspects related to acquisitions. Earlier in his career, he was Senior Vice President and Controller of Sun Bancorp, Inc. and Sun National Bank for seven years, where he oversaw financial reporting and accounting operations, including Sarbanes-Oxley and internal control compliance. Brolly began his professional journey in public accounting, spending 13 years at Deloitte & Touche.

Preston Moore, Senior Executive Officer, Chief Credit and Banking Officer

Preston Moore is the Chief Credit and Banking Officer and a Senior Executive Officer at Origin Bancorp.

AI Analysis | Feedback

The key risks to Origin Bancorp (OBK) include its significant exposure to commercial real estate, a material weakness in internal controls over financial reporting, and the broader impact of increased competition and economic uncertainty.

  1. Significant Exposure to Commercial Real Estate (CRE) and Deteriorating Credit Quality: Origin Bancorp has a notable concentration in commercial real estate and acquisition, development, and construction (ADC) loans, which account for a substantial portion of its total risk-based capital. This exposure elevates the bank's vulnerability to market fluctuations and regulatory scrutiny. Analysts have highlighted that while strong earnings growth is projected, heavy exposure to CRE could compromise long-term credit quality or put pressure on capital if regional market conditions weaken. Furthermore, there has been an increase in nonperforming loans to total loans held for investment, rising to 0.81% as of September 30, 2024, up from 0.39% at the end of 2023, reflecting a growing risk of default amidst economic uncertainty.

  2. Material Weakness in Internal Controls over Financial Reporting: Management of Origin Bancorp, in consultation with its independent registered accounting firm, identified a material weakness in its internal controls over financial reporting. This weakness relates to controls over employees' ability to initiate certain manual transfers between deposit accounts. While management believes this did not impact the consolidated financial statements, it is a significant control deficiency that requires remediation and will be detailed in an amended Annual Report on Form 10-K/A.

  3. Increased Competition and Economic Uncertainty: Origin Bancorp faces heightened competition from fintech companies and larger regional banks, which is exerting pressure on its net interest margin. The economic landscape also presents uncertainty and potential recessionary pressures that could negatively impact borrower creditworthiness. Additionally, the bank's overall revenue and profitability trends have been mixed, with rising costs impacting net profits.

AI Analysis | Feedback

The accelerated shift of consumer and small business banking preferences towards digital-first banks (neobanks) and embedded finance solutions. These new models offer enhanced convenience, speed, and often lower costs compared to traditional branch-based banking, directly challenging the core distribution channels and customer acquisition strategies of regional banks like Origin Bancorp. This trend risks disintermediation of deposits and loans, and a reduction in the relevance of physical branches, particularly among younger demographics and tech-savvy businesses that prioritize digital experiences.

AI Analysis | Feedback

For Origin Bancorp (OBK), whose main products and services primarily fall under community banking within Texas, Louisiana, and Mississippi, the addressable market sizes for its key offerings in the United States are as follows:

  • Community Banking: The U.S. community banking market was valued at approximately USD 6.35 billion in 2024, with a projected compound annual growth rate (CAGR) of 3.8%. Another estimate indicates the market size of community banking is expected to expand from USD 17.79 billion in 2024 to USD 19.39 billion in 2025, with a CAGR of 9.0%, and is projected to reach USD 26.98 billion by 2029.
  • Commercial Lending: The global commercial lending market was valued at USD 9.7 trillion in 2023 and is projected to grow to USD 23.06 trillion by 2032, exhibiting a CAGR of 10.1%. North America is the largest market, with the U.S. accounting for approximately 75% of this market share. Separately, the U.S. Commercial Banking Market size is estimated at USD 226.44 billion in 2024 and is expected to reach USD 269.28 billion by 2029, growing at a CAGR of greater than 2%.
  • Mortgage Lending: The U.S. home mortgage market size was valued at approximately USD 180.91 billion in 2023 and is predicted to grow to around USD 501.67 billion by 2032, with a CAGR of roughly 12.00% between 2024 and 2032. The broader U.S. home loan market stood at USD 2.29 trillion in 2025 and is forecasted to reach USD 3.02 trillion by 2030. Americans originated USD 1.69 trillion in new mortgage debt in 2024.
  • Deposits: null
  • Insurance Products (Personal and Commercial Property & Casualty): null

AI Analysis | Feedback

Here are the expected drivers of future revenue growth for Origin Bancorp (OBK) over the next 2-3 years:
  1. Loan Growth and Production: Origin Bancorp anticipates continued positive trends in loan production, with a particular focus on business loans. The company has seen accelerating loan originations, especially in its metro Texas markets and the newly established Southeast market. This organic loan growth is expected to be a primary contributor to an increase in interest income.
  2. Deposit Growth and Favorable Funding Mix: The company is concentrating on attracting and growing deposits, particularly non-interest-bearing deposits. Recent quarters have shown strong deposit growth, which improves Origin Bancorp's funding mix and provides additional liquidity. This, in turn, supports net interest income expansion.
  3. Net Interest Margin Expansion and Management: Origin Bancorp is actively working to expand its net interest margin (NIM). Strategies include bond portfolio optimization, which has already contributed to increased interest income from its securities portfolio, and careful management of deposit betas in response to interest rate changes. The company models potential margin recovery even with future Fed rate cuts.
  4. "Optimize Origin" Initiative and Strategic Investments: This comprehensive initiative is designed to drive earnings improvement through various efficiency and growth measures. Key components include branch consolidation, headcount reduction, securities and capital optimization, and mortgage restructuring. Additionally, strategic investments in digital banking platforms, automation, data management, and artificial intelligence are aimed at enhancing customer acquisition, improving operational efficiency, and reducing expenses. The increased ownership in Argent Financial, resulting in equity method investment income, is also part of this strategy to boost non-interest income.
  5. Expansion into Dynamic Geographic Markets: Origin Bancorp is strategically expanding its presence and driving value in key dynamic markets. Specific focus areas mentioned include the metro Texas markets (Dallas/Fort Worth, East Texas, Houston) and the new Southeast market, which encompasses South Alabama and the Florida Panhandle. This geographic expansion is expected to drive long-term value and customer growth.

AI Analysis | Feedback

Share Repurchases

  • In July 2025, Origin Bancorp's board of directors approved a new $50.0 million stock repurchase program, replacing a previously existing plan.
  • During the third quarter of 2025, the company repurchased 265,248 shares of its common stock at an average price of $35.85 per share.
  • Year-to-date in 2025, Origin Bancorp repurchased a total of 401,647 shares of common stock at an average price of $34.59 per share.

Share Issuance

  • Origin Bancorp completed the acquisition of BT Holdings, Inc. through a merger on August 1, 2022, which involved the issuance of up to 6,828,390 shares.
  • The company filed a universal shelf registration statement, providing flexibility to offer various securities, including common and preferred stock, for potential future capital raising, acquisitions, or balance sheet initiatives.

Outbound Investments

  • In August 2022, Origin Bancorp acquired BT Holdings, Inc. via a merger.
  • Effective July 1, 2025, Origin Bancorp increased its ownership in Argent Financial to over 20%. This additional investment resulted in a $7.0 million fair value adjustment gain and $1.2 million in equity method investment income recorded in the third quarter of 2025.

Capital Expenditures

  • Origin Bancorp has made targeted investments in digital banking platforms, automation, and data management, including strategic projects utilizing robotics and AI, to enhance operational efficiency, improve customer acquisition, and reduce expenses.
  • The company has invested in technology, processes, and personnel to prepare for new regulatory environments and support long-term growth.
  • In 2023, decisions were made to significantly improve the client experience through advancements in the company's digital platforms.

Trade Ideas

Select ideas related to OBK. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
WU_11212025_Dip_Buyer_FCFYield11212025WUWestern UnionDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
12.4%12.4%-0.4%
COIN_11212025_Monopoly_xInd_xCD_Getting_Cheaper11212025COINCoinbase GlobalMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
0.8%0.8%-0.5%
PYPL_11142025_Dip_Buyer_FCFYield11142025PYPLPayPalDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-5.4%-5.4%-7.5%
V_11142025_Monopoly_xInd_xCD_Getting_Cheaper11142025VVisaMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
7.1%7.1%-2.7%
WD_11072025_Dip_Buyer_ValueBuy11072025WDWalker & DunlopDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-11.5%-11.5%-12.1%

Recent Active Movers

More From Trefis

Peer Comparisons for Origin Bancorp

Peers to compare with:

Financials

OBKCFRPBTCBIHWCCADEMedian
NameOrigin B.Cullen/F.Prosperi.Texas Ca.Hancock .Cadence . 
Mkt Price38.46129.3170.7893.4465.6643.6768.22
Mkt Cap1.28.36.74.35.68.16.2
Rev LTM3662,1911,1911,2121,4851,8921,348
Op Inc LTM-------
FCF LTM13316238229566-229
FCF 3Y Avg116436501308541-436
CFO LTM145158265249580-249
CFO 3Y Avg135581530339559-530

Growth & Margins

OBKCFRPBTCBIHWCCADEMedian
NameOrigin B.Cullen/F.Prosperi.Texas Ca.Hancock .Cadence . 
Rev Chg LTM3.3%7.9%7.1%35.5%8.7%43.2%8.3%
Rev Chg 3Y Avg7.6%13.0%2.7%12.0%4.1%13.5%9.8%
Rev Chg Q20.8%9.5%3.9%171.6%5.2%13.2%11.3%
QoQ Delta Rev Chg LTM5.4%2.3%1.0%21.6%1.3%3.3%2.8%
Op Mgn LTM-------
Op Mgn 3Y Avg-------
QoQ Delta Op Mgn LTM-------
CFO/Rev LTM39.7%7.2%22.3%20.5%39.1%-22.3%
CFO/Rev 3Y Avg37.1%28.7%47.5%34.7%39.0%-37.1%
FCF/Rev LTM36.3%0.7%20.0%18.9%38.1%-20.0%
FCF/Rev 3Y Avg31.7%21.6%44.9%31.4%37.8%-31.7%

Valuation

OBKCFRPBTCBIHWCCADEMedian
NameOrigin B.Cullen/F.Prosperi.Texas Ca.Hancock .Cadence . 
Mkt Cap1.28.36.74.35.68.16.2
P/S3.33.85.63.53.84.33.8
P/EBIT-------
P/E20.013.012.614.211.515.213.6
P/CFO8.352.625.417.29.6-17.2
Total Yield5.4%10.7%11.2%7.0%10.1%8.3%9.2%
Dividend Yield0.4%3.1%3.3%0.0%1.4%1.8%1.6%
FCF Yield 3Y Avg11.8%6.7%8.4%9.2%13.1%-9.2%
D/E0.10.00.40.10.30.30.2
Net D/E-1.1-2.20.0-1.50.0-0.5-0.8

Returns

OBKCFRPBTCBIHWCCADEMedian
NameOrigin B.Cullen/F.Prosperi.Texas Ca.Hancock .Cadence . 
1M Rtn8.3%5.4%4.6%6.2%11.4%12.8%7.3%
3M Rtn8.4%3.9%9.6%9.0%5.2%17.8%8.7%
6M Rtn9.2%3.8%3.9%20.0%18.6%40.9%13.9%
12M Rtn17.6%-0.7%-3.3%20.3%23.7%30.3%19.0%
3Y Rtn11.1%7.2%10.0%60.7%48.1%96.9%29.6%
1M Excs Rtn3.6%0.8%-0.0%1.6%6.8%8.2%2.6%
3M Excs Rtn5.4%-0.3%5.0%4.5%1.1%13.8%4.8%
6M Excs Rtn-4.0%-10.1%-9.3%7.8%5.7%27.7%0.9%
12M Excs Rtn1.5%-16.2%-19.0%3.9%9.4%15.7%2.7%
3Y Excs Rtn-67.3%-67.1%-64.5%-8.8%-27.1%23.8%-45.8%

FDIC Bank Data

Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Community banking353327261246213
Total353327261246213


Price Behavior

Price Behavior
Market Price$38.46 
Market Cap ($ Bil)1.2 
First Trading Date05/09/2018 
Distance from 52W High-4.5% 
   50 Days200 Days
DMA Price$35.80$35.05
DMA Trendindeterminateup
Distance from DMA7.4%9.7%
 3M1YR
Volatility26.1%28.6%
Downside Capture28.8481.79
Upside Capture61.9785.19
Correlation (SPY)37.4%56.4%
OBK Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta0.590.910.771.100.870.97
Up Beta0.261.041.091.390.610.88
Down Beta0.201.441.281.421.161.08
Up Capture111%81%18%75%85%62%
Bmk +ve Days13263974142427
Stock +ve Days10243365128356
Down Capture52%56%68%96%97%102%
Bmk -ve Days7162452107323
Stock -ve Days10183060120391

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of OBK With Other Asset Classes (Last 1Y)
 OBKSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return17.4%18.1%18.8%72.9%9.0%3.7%-11.4%
Annualized Volatility28.5%19.0%19.5%19.2%15.3%17.2%35.0%
Sharpe Ratio0.560.740.762.720.360.05-0.14
Correlation With Other Assets 63.8%56.1%-10.6%14.7%49.7%19.3%

ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of OBK With Other Asset Classes (Last 5Y)
 OBKSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return7.7%16.2%14.8%18.9%11.8%4.7%35.5%
Annualized Volatility30.6%18.9%17.1%15.5%18.7%18.9%48.9%
Sharpe Ratio0.290.710.700.980.510.160.62
Correlation With Other Assets 60.9%44.7%-3.4%12.0%42.7%18.3%

ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of OBK With Other Asset Classes (Last 10Y)
 OBKSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return1.7%13.1%14.8%15.1%6.8%5.4%69.1%
Annualized Volatility35.4%22.3%18.0%14.8%17.6%20.8%55.8%
Sharpe Ratio0.150.550.710.850.310.230.90
Correlation With Other Assets 62.2%46.7%-4.7%20.0%47.1%16.0%

ETFs used for asset classes: Sector ETF = XLF, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date11282025
Short Interest: Shares Quantity345,260
Short Interest: % Change Since 11152025-7.5%
Average Daily Volume129,610
Days-to-Cover Short Interest2.66
Basic Shares Quantity31,183,092
Short % of Basic Shares1.1%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/22/2025-3.7%0.5%0.2%
7/23/2025-0.5%-1.6%-1.1%
4/23/20250.3%0.9%4.8%
1/22/20254.8%8.6%8.8%
10/23/2024-2.4%0.3%7.1%
7/24/2024-4.8%-5.5%-13.3%
4/24/20243.3%3.1%5.3%
1/24/2024-5.3%-8.7%-11.2%
...
SUMMARY STATS   
# Positive121414
# Negative121010
Median Positive3.0%5.3%7.3%
Median Negative-2.1%-2.3%-2.9%
Max Positive6.4%19.3%22.4%
Max Negative-5.3%-12.0%-13.3%

SEC Filings

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Report DateFiling DateFiling
93020251105202510-Q 9/30/2025
6302025806202510-Q 6/30/2025
3312025507202510-Q 3/31/2025
12312024227202510-K 12/31/2024
93020241106202410-Q 9/30/2024
6302024808202410-Q 6/30/2024
3312024507202410-Q 3/31/2024
12312023228202410-K 12/31/2023
93020231107202310-Q 9/30/2023
6302023802202310-Q 6/30/2023
3312023503202310-Q 3/31/2023
12312022222202310-K 12/31/2022
93020221102202210-Q 9/30/2022
6302022803202210-Q 6/30/2022
3312022504202210-Q 3/31/2022
12312021223202210-K 12/31/2021