Origin Bancorp, Inc.
NYSE•OBK
CEO: Mr. Drake D. Mills
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 2018-05-08
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, 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, and residential mortgage 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 boxes, U.S. savings bonds, and automatic account transfer services; and mobile and online banking, treasury management, mortgage origination and servicing facilities, peer-to-peer electronic pay solutions, and personal financial management solutions. The company was founded in 1912 and is headquartered in Ruston, Louisiana.
Contact Information
Market Cap
$1.22B
P/E (TTM)
20.4
15
Dividend Yield
1.5%
52W High
$41.17
52W Low
$28.80
52W Range
Rank45Top 56.8%
3.6
F-Score
Modified Piotroski Analysis
Based on 9-year fundamentals
Weak • 3.6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2017-2025
Financial Dashboard
Q3 2025 Data
Revenue
$160.74M+0.78%
4-Quarter Trend
EPS
$0.28-53.33%
4-Quarter Trend
FCF
$56.77M+76.06%
4-Quarter Trend
2025 Q3 Earnings Highlights
Key Highlights
Strong Net Interest Income Growth NII rose 11.9% to $83.7M; NIM-FTE expanded 47 basis points to 3.65% due to lower funding costs.
Fraud Drives Provision Spike Provision for credit losses surged to $36.8M (up $32.2M YoY) due to suspected fraud in a major borrowing relationship.
Capital Ratios Remain Strong Company maintained strong capital position; CET1 ratio stood at 13.59% as of September 30, 2025, exceeding regulatory minimums.
Argent Investment Accounting Change Reached 20% ownership in Argent Financial, shifting accounting to equity method, recognizing $7.0M fair value adjustment gain.
Risk Factors
Fraud Impact on Asset Quality Significant charge-offs ($31.4M QTD) related to suspected borrower fraud heavily impacted current quarter earnings and provisioning.
Nonperforming Loan Ratios Rising Nonperforming LHFI increased to $88.3M (1.17% ratio) from $75.0M (0.99% ratio) due to recent loan placements.
Loan Portfolio Composition Shift Total LHFI declined 0.5% to $7.44B, driven by significant decreases in Construction/Land and Commercial/Industrial loan balances.
Regulatory Capital Buffer Sensitivity Regulatory capital ratios are strong, but management notes extended economic recession could adversely impact reported capital ratios.
Outlook
Optimize Origin Efficiency Focus Executing strategic initiatives including branch consolidation and headcount reduction to achieve greater than 1% ROAA run rate by Q4 2025.
Interest Rate Headwinds Moderating Fed cut rates 150 bps from mid-2023 high; lower liability costs drove NIM expansion despite slight yield compression on assets.
Ongoing Share Repurchase Authorization Board authorized a new $50M stock repurchase program in July 2025, continuing capital deployment efforts alongside dividends.
Modified Loan Performance Monitoring Monitoring performance of modified loans, noting $31.6M in term extensions for C&I loans over nine months ended September 30, 2025.
Peer Comparison
Revenue (TTM)
$2.90B
$1.96B
$1.39B
Gross Margin (Latest Quarter)
75.2%
65.9%
64.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| CFR | $8.66B | 13.6 | 15.3% | 9.2% |
| TCBI | $4.38B | 15.2 | 8.3% | 2.8% |
| MBIN | $1.59B | 6.5 | 11.2% | 15.0% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.9%
Moderate Growth
4Q Net Income CAGR
-15.5%
Declining Profitability
Cash Flow Stability
100%
Strong Cash Flow
Research & Insights
Next earnings:Jan 28, 2026
EPS:$0.88
|Revenue:$100.24M
Reports
All Years
Form 10-Q - Q3 2025
Period End: Sep 30, 2025|Filed: Nov 5, 2025|Revenue: $160.74M+0.8%|EPS: $0.28-53.3%MissForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 6, 2025|Revenue: $137.25M-15.9%|EPS: $0.47-30.9%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 7, 2025|Revenue: $149.24M-3.7%|EPS: $0.72-1.4%BeatForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 27, 2025|Revenue: $616.80M+7.0%|EPS: $2.46-9.6%BeatForm 10-K/A - FY 2023
Period End: Dec 31, 2023|Filed: Feb 26, 2025|Revenue: $576.69M+52.7%|EPS: $2.72-17.3%BeatForm 10-Q/A - Q1 2024
Period End: Mar 31, 2024|Filed: Feb 26, 2025|Revenue: $154.91M+14.7%|EPS: $0.73-7.6%BeatForm 10-Q/A - Q2 2024
Period End: Jun 30, 2024|Filed: Feb 26, 2025|Revenue: $163.11M+11.2%|EPS: $0.68-4.2%BeatForm 10-Q/A - Q3 2024
Period End: Sep 30, 2024|Filed: Feb 26, 2025|Revenue: $159.50M+4.7%|EPS: $0.60-24.1%Miss