Origin Bancorp, Inc. (OBK)
Origin Bancorp, Inc. acts as the parent organization for Origin Bank, delivering a comprehensive range of banking and financial services. Its diverse clientele includes small to mid-sized businesses, municipal entities, and individual consumers across its operating regions of Texas, Louisiana, and Mississippi. The bank's offerings encompass various deposit accounts, such as interest-bearing and non-interest-bearing checking accounts, savings deposits, money market accounts, and time deposits. On the lending side, Origin Bank provides a broad spectrum of loan products, including commercial and residential real estate, construction and land development, consumer, commercial and industrial, mortgage warehouse, residential mortgage, and Paycheck Protection Program (PPP) loans. Beyond core banking, the company also offers personal and commercial property and casualty insurance products. Customers benefit from an extensive suite of digital and convenience services, such as internet banking, voice response information, mobile applications, cash management, overdraft protection, direct deposit, safe deposit boxes, U.S. savings bonds, and automated account transfer services. Additionally, advanced services like treasury management, mortgage origination and servicing, peer-to-peer electronic payment solutions, and personal financial management tools are available. Established in 1912, the firm's corporate headquarters are located in Ruston, Louisiana.
Sector: State Commercial Banks
Industry: Banks - Regional
Origin Bancorp, Inc.
TXSE:OBKFinancial Services · Banks - Regional
-0.63%$52.12
AH Close$52.12+0.00%vs close
AH Close$52.12+0.00%vs close
Mkt Cap$1.61B
Float29.31M
O/S30.85M
Inst Own67.8%
Div Yield1.53%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$598.6M
Net Income$75.2M
Total Assets$9.72B
Free Cash Flow$151.05M
Debt & Equity
Debt 3%
Equity 97%
Total Debt$35.59M
Total Equity$1.25B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in OBK's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$9.72B
Liabilities$8.48B
Accounts Receivable$0
Accounts Payable$0
Inventory$0
PP&E (Net)$124.25M
Goodwill$128.68M
Intangible Assets$33.36M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Revenue | $598.6M | $616.8M | $576.69M | $377.78M | $290.46M | $286.96M | $269.39M | $225.47M | $176.92M | $177.15M |
| YoY Growth | -3.0% | 7.0% | 52.7% | 30.1% | 1.2% | 6.5% | 19.5% | 27.4% | -0.1% | - |
| Cost of Revenue | $250.1M | $271.67M | $240.59M | $76.02M | $14.64M | $97.07M | $62.94M | $35.66M | $30.62M | $48.55M |
| Gross Profit | $348.5M | $345.13M | $336.1M | $301.76M | $275.82M | $189.89M | $206.45M | $189.82M | $146.29M | $128.6M |
| Gross Margin | 58.2% | 56.0% | 58.3% | 79.9% | 95.0% | 66.2% | 76.6% | 84.2% | 82.7% | 72.6% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $156.45M | $154.97M | $144.81M | $123.4M | $96.46M | $100.44M | $92.78M | $84.76M | $73.78M | $66.45M |
| Other | $93.26M | $92.9M | $85.38M | $70.92M | $46.93M | $45.1M | $47.12M | $42.61M | $52.03M | $46.38M |
| Total Operating Expenses | $249.71M | $247.87M | $230.18M | $194.32M | $143.39M | $145.54M | $139.91M | $127.37M | $125.81M | $112.83M |
| Operating Income (EBIT) | $98.8M | $97.26M | $105.92M | $107.44M | $132.43M | $44.35M | $66.55M | $62.44M | $20.48M | $15.77M |
| Operating Margin | 16.5% | 15.8% | 18.4% | 28.4% | 45.6% | 15.5% | 24.7% | 27.7% | 11.6% | 8.9% |
| Interest Expense | $206.97M | $264.22M | $223.83M | $51.33M | $25.4M | $37.17M | $53.37M | $34.64M | $22.29M | $18.47M |
| Interest Income | $537.96M | $564.59M | $523.39M | $326.6M | $241.66M | $228.7M | $227.08M | $188.1M | $152.59M | $139.15M |
| Other Income (Expense) | -$3.16M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $95.64M | $97.26M | $105.92M | $107.44M | $132.43M | $44.35M | $66.55M | $62.44M | $20.48M | $15.77M |
| Income Tax Expense | $20.44M | $20.77M | $22.12M | $19.73M | $23.89M | $8M | $12.67M | $10.84M | $5.81M | $2.92M |
| Net Income | $75.2M | $76.49M | $83.8M | $87.72M | $108.55M | $36.36M | $53.88M | $51.6M | $14.67M | $12.85M |
| Net Income Margin | 12.6% | 12.4% | 14.5% | 23.2% | 37.4% | 12.7% | 20.0% | 22.9% | 8.3% | 7.3% |
| Supplementary Data | ||||||||||
| EPS | 2.43 | 2.46 | 2.72 | 3.29 | 4.63 | 1.56 | 2.30 | 2.21 | 0.45 | 0.37 |
| Diluted EPS | 2.40 | 2.45 | 2.71 | 3.28 | 4.60 | 1.55 | 2.28 | 2.20 | 0.45 | 0.37 |
| Weighted Average OS | 30.75M | 31.13M | 30.82M | 26.63M | 23.43M | 23.37M | 23.47M | 22.00M | 22.02M | 22.02M |
| EBITDA | $115.61M | $114.06M | $123.55M | $119.75M | $139.26M | $51.23M | $73.25M | $68.31M | $26.33M | $23.61M |
| EBITDA Margin | 19.3% | 18.5% | 21.4% | 31.7% | 47.9% | 17.9% | 27.2% | 30.3% | 14.9% | 13.3% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Assets | ||||||||||
| Current Assets | ||||||||||
| Cash and Cash Equivalents | $73.12M | $470.25M | $280.44M | $358.97M | $705.62M | $377.21M | $291.52M | $116.68M | $187.19M | $259.88M |
| Short-Term Investments | $31.07M | $1.1B | $1.25B | $1.64B | $1.5B | $1B | $501.07M | $575.64M | $404.53M | $375.52M |
| Cash and Short-Term Investments | $104.19M | $1.57B | $1.53B | $2B | $2.21B | $1.38B | $792.59M | $692.32M | $591.72M | $635.4M |
| Accounts Receivable | $0 | $0 | $0 | $209.2M | $141.76M | $141.04M | $110.93M | $83.77M | $83.88M | $67.81M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $104.19M | $1.57B | $1.53B | $2.21B | $2.35B | $1.52B | $903.52M | $776.09M | $675.6M | $703.21M |
| Long-Term Assets | ||||||||||
| Property, Plant & Equipment Net | $124.25M | $126.62M | $118.98M | $100.2M | $80.69M | $81.76M | $80.46M | $75.01M | $77.41M | $86.74M |
| Goodwill | $128.68M | $128.68M | $128.68M | $128.68M | $34.37M | $26.74M | $26.74M | $26.74M | $22.19M | $22.19M |
| Intangible Assets | $33.36M | $37.47M | $61.09M | $70.65M | $33.18M | $17.4M | $25.5M | $31.23M | $26.33M | $32.05M |
| Long-Term Investments | $0 | $7.51B | $7.6B | $7.07B | $5.28B | $5.88B | $4.21B | $3.84B | $3.3B | $3.17B |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.03M | $13.49M |
| Other Long-Term Assets | $0 | $302.4M | $280.42M | $106.42M | $83.54M | $100.14M | $77.77M | $74.86M | $41.93M | $48.17M |
| Total Long-Term Assets | $286.29M | $8.11B | $8.19B | $7.48B | $5.51B | $6.11B | $4.42B | $4.05B | $3.48B | $3.37B |
| Other Assets | $9.3B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $9.72B | $9.68B | $9.72B | $9.69B | $7.86B | $7.63B | $5.32B | $4.82B | $4.15B | $4.07B |
| Liabilities | ||||||||||
| Current Liabilities | ||||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $6.26M | $77.12M | $632.49M | $52.8M | $713.89M | $144.58M | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $1.98B | $8.22B | $8.25B | $7.78B | $6.57B | $5.75B | $4.23B | $3.78B | $3.51B | $3.44B |
| Total Current Liabilities | $1.98B | $8.23B | $8.33B | $8.53B | $6.72B | $6.55B | $4.44B | $3.82B | $3.54B | $3.5B |
| Long-Term Liabilities | ||||||||||
| Long-Term Debt | $35.59M | $166.14M | $200.75M | $208.5M | $414.42M | $427.9M | $282.28M | $454.87M | $153.98M | $119.94M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $6.46B | $137.93M | $130.68M | $0 | $0 | $0 | $0 | $0 | $34.99M | $28.56M |
| Total Long-Term Liabilities | $6.5B | $304.07M | $331.43M | $208.5M | $414.42M | $427.9M | $282.28M | $454.87M | $188.97M | $148.5M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $8.48B | $8.53B | $8.66B | $8.74B | $7.13B | $6.98B | $4.73B | $4.27B | $3.73B | $3.65B |
| Stockholders' Equity | ||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $65.26M | $65.26M |
| Common Stock | $154.76M | $155.99M | $154.93M | $153.73M | $118.73M | $117.53M | $117.41M | $118.63M | $97.59M | $97.42M |
| Retained Earnings | $612.52M | $557.92M | $500.42M | $435.42M | $363.63M | $266.63M | $239.9M | $191.59M | $145.12M | $137.45M |
| Comprehensive Income & Other | -$54.14M | -$106.03M | -$121.02M | -$159.88M | $5.73M | $25.65M | $6.33M | -$2.48M | $1.31M | $3.46M |
| Other Stockholders' Equity | $479.4M | $431.34M | $407.56M | $360.79M | $247.84M | $262.99M | $241.96M | $239.56M | $177.63M | $185.22M |
| Total Equity | $1.25B | $1.15B | $1.06B | $949.94M | $730.21M | $647.15M | $599.26M | $549.78M | $420.35M | $420.09M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $9.72B | $9.68B | $9.72B | $9.69B | $7.86B | $7.63B | $5.32B | $4.82B | $4.15B | $4.07B |
| Supplementary Data | ||||||||||
| Total Debt | $35.59M | $172.4M | $277.88M | $841M | $467.22M | $1.14B | $426.86M | $454.87M | $153.98M | $119.94M |
| Net Debt | -$37.53M | -$297.85M | -$2.56M | $482.02M | -$238.4M | $764.58M | $135.34M | $338.19M | -$33.21M | -$139.94M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Operating Activities | ||||||||||
| Net Income | $75.2M | $76.49M | $83.8M | $87.72M | $108.55M | $36.36M | $53.88M | $51.6M | $14.67M | $12.85M |
| Depreciation & Amortization | $16.81M | $16.8M | $17.63M | $12.3M | $6.83M | $6.88M | $6.71M | $5.87M | $5.85M | $7.85M |
| Deferred Income Tax | -$4.52M | -$1.47M | $27.71M | $18.31M | $6.28M | -$11.88M | -$2.6M | $5.64M | $4.93M | $1.4M |
| Stock-Based Compensation | $8.26M | $7.17M | $5.28M | $3.45M | $2.29M | $2.32M | $2.25M | $1.46M | $1.15M | $1.55M |
| Changes in Working Capital: | ||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$9.76M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$2.87M | $2.98M | -$207K | -$3.89M | $5.5M | -$917K | -$755K | -$713K | $9.13M | -$708K |
| Total Working Capital Change | -$2.87M | $2.98M | -$207K | -$3.89M | $5.5M | -$917K | -$755K | -$713K | -$631K | -$708K |
| Other Non-Cash Items | $66.04M | $6.51M | -$4.29M | $27.76M | $42.04M | -$31.87M | $2.07M | $13.97M | $35.7M | $31.64M |
| Net Cash from Operating | $158.92M | $108.48M | $129.92M | $145.65M | $171.49M | $887K | $61.55M | $77.83M | $61.99M | $54.58M |
| Investing Activities | ||||||||||
| Capital Expenditures | -$7.87M | -$22.05M | -$26.83M | -$8.47M | -$5.01M | -$7.2M | -$11.15M | -$5.48M | -$3.03M | -$7.92M |
| Acquisitions | $0 | $0 | $0 | $69.95M | -$7.46M | $818K | $503K | -$6.14M | $844K | $3.6M |
| Purchases of Investments | -$853.32M | -$260.56M | -$14.2M | -$588.61M | -$718.51M | -$733.25M | -$106.06M | -$497.41M | -$448.41M | -$469.81M |
| Sales of Investments | $883.78M | $400.89M | $455.51M | $677.57M | $227.91M | $218.32M | $186.6M | $301.46M | $410.08M | $441.68M |
| Other Investing Activities | -$136.28M | $113.65M | -$544.52M | -$606.43M | $515.92M | -$1.59B | -$361.07M | -$557.35M | -$157.14M | -$122.25M |
| Net Cash from Investing | -$113.69M | $231.94M | -$130.03M | -$455.99M | $12.85M | -$2.12B | -$291.19M | -$764.93M | -$197.65M | -$154.71M |
| Financing Activities | ||||||||||
| Debt Repaid | $148.54M | $34.87M | $7.62M | $250.26M | $13.72M | -$145.48M | $1.65M | -$199.82M | $1.29M | $4.77M |
| Common Stock Issuance | $954K | $1.87M | $3.14M | $2.95M | $146K | $248K | $166K | $95.74M | $123K | $44.54M |
| Common Stock Repurchases | -$15.81M | $0 | $0 | $0 | -$1.26M | -$723K | -$10.06M | -$48.26M | $0 | $0 |
| Dividends Paid | -$18.87M | -$18.75M | -$18.57M | -$15.89M | -$11.53M | -$8.85M | -$5.86M | -$5.94M | -$7M | -$5.76M |
| Other Financing Activities | $84.13M | -$28.87M | $454.63M | -$353.11M | $820.42M | $1.51B | $421.88M | $275.23M | $71.13M | $49.77M |
| Net Cash from Financing | -$91.27M | -$150.61M | -$78.42M | -$36.31M | $144.07M | $2.2B | $404.47M | $616.59M | $62.97M | $83.79M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$46.03M | $189.81M | -$78.53M | -$346.65M | $328.4M | $85.7M | $174.84M | -$70.51M | -$72.7M | -$16.34M |
| Supplementary Data | ||||||||||
| Operating Cash Flow | $158.92M | $108.48M | $129.92M | $145.65M | $171.49M | $887K | $61.55M | $77.83M | $61.99M | $54.58M |
| Capital Expenditure | -$7.87M | -$22.05M | -$26.83M | -$8.47M | -$5.01M | -$7.2M | -$11.15M | -$5.48M | -$3.03M | -$7.92M |
| Free Cash Flow | $151.05M | $86.43M | $103.09M | $137.18M | $166.47M | -$6.31M | $50.4M | $72.34M | $58.96M | $46.65M |
| Cash at Beginning | $470.25M | $280.44M | $358.97M | $705.62M | $377.21M | $291.52M | $116.68M | $187.19M | $259.88M | $276.22M |
| Cash at End | $424.22M | $470.25M | $280.44M | $358.97M | $705.62M | $377.21M | $291.52M | $116.68M | $187.19M | $259.88M |