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OP Bancorp (OPBK) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 6, 2026 · OP Bancorp (OPBK) Q3 2026 earnings results →
Q3 2026 Revenue up 12% year over year to $27.5M · 28¢ of every $1 of revenue kept as net profit · operating margin 37.8%
OP Bancorp made $27.5M in Q3 2026 (+12% Y/Y): Net interest income $22.2M, Noninterest income $5.3M. Operating margin 37.8%, net earnings $7.8M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 6, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $27.5M in Q3 2026, up 12% year over year and up 7% from the previous quarter. Net interest income was the largest line at 81% of revenue. Net interest income added $1.9M year over year (up 9%), 62% of the total change.
Operating profit was $10.4M, a 37.8% margin (down 1.7 points year over year). Of the extra revenue versus Q3 2025, 24% reached operating profit, below the 40% margin then. Total costs grew 16% against revenue growth of 12%. The fastest-growing cost line was Credit loss provision (+36%). Net earnings were $7.8M, up 16% year over year. The effective tax rate was 25.3%.
Operating cash flow was $25.4M (up 6% year over year), 327% of net earnings. Non-cash charges added back $1.7M of depreciation and amortization and $126K of share-based compensation. Working capital and other items added $15.8M. Capital expenditures of $221K left free cash flow of $25.2M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 6, 2026 | $27.5M | +12% | 37.8% | $7.8M | $25.4M |
| Q2 2026 | 10-Q | Aug 7, 2026 | $25.7M | +9% | 42.9% | $8.0M | −$7.3M |
| Q1 2026 | 10-Q | May 15, 2026 | $24.6M | +10% | 40.4% | $7.2M | $7.7M |
| Q4 2025 | 10-K | Mar 13, 2026 | $24.3M | +14% | 39.2% | $7.0M | $3.6M |
| Q3 2025 | 10-Q | Nov 7, 2025 | $24.5M | +18% | 39.5% | $6.7M | $23.9M |
| Q2 2025 | 10-Q | Aug 11, 2025 | $23.7M | +16% | 35.7% | $6.3M | −$7.0M |
| Q1 2025 | 10-Q | May 9, 2025 | $22.2M | +14% | 34.6% | $5.6M | $5.6M |
Charts
Interactive views
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💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About OP Bancorp
Founded in 2005 as First Standard Bank, and rebranded as Open Bank in 2010, we formed OP Bancorp as our holding company in 2016. OP Bancorp, headquartered in Los Angeles, California, operates its commercial community banking activities through Open Bank ("Open Bank" or the "Bank"), our wholly owned banking subsidiary. We provide commercial banking services to small and medium-sized businesses, their owners, and retail customers, with a focus on the Korean-American community. We currently operate twelve full service branches: nine branches across Los Angeles and Orange Counties in California, as well as one branch each in Santa Clara, California; Carrollton, Texas; and Las Vegas, Nevada. Additionally, we maintain five loan production offices located in Pleasanton, California; Atlanta, Georgia; Aurora, Colorado; Lynnwood, Washington; and Fairfax, Virginia.
In its own words, from its 10-K, filed Mar 13, 2026.
OP Bancorp against its State Commercial Banks peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +12% against the peers' median +12%. Operating margin: 37.8% against the peers' median 34.7%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| OPBK OP Bancorp | Q3 2026 | $27.5M | +12% | 37.8% |
| BNY Bank of New York Mellon | Q3 2026 | $5.7B | +12% | 38.5% |
| STT State Street | Q3 2026 | $4.0B | +13% | 34.7% |
| FITB Fifth Third Bancorp | Q3 2026 | $3.3B | +42% | 33.8% |
| MTB M&T Bank | Q3 2026 | $2.5B | +0.9% | 39.7% |
| FCNCA First Citizens Bancshares | Q3 2026 | $2.4B | 0% | 33.1% |
| ALLY Ally Financial | Q3 2026 | $2.3B | +8% | 24.3% |
| CFG Citizens Financial Group | Q3 2026 | $2.3B | +10% | 34.6% |
| NTRS Northern Trust | Q3 2026 | $2.3B | +13% | 34.7% |
Source: OP Bancorp 10-Q on SEC EDGAR · CIK 1722010 · State Commercial Banks
Guidance and outlook
13F: who owns OPBK and who is buying
More on OPBK
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results