Filing Flows › OP Bancorp (OPBK) › Q3 2026
OP Bancorp (OPBK) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
OP Bancorp (OPBK) reported revenue of $27.5M for the third quarter 2026 (Q3 2026), +12% from a year earlier and +7% from the quarter before. Operating margin was 37.8%, net earnings $7.8M (28.2% of revenue).
OP Bancorp, Q3 2026: revenue $27.5M (+12% year over year), operating margin 37.8%, net earnings $7.8M, operating cash flow $25.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $27.5M | +7% | +12% |
| Operating profit | $10.4M | -6% | +7% |
| Net earnings | $7.8M | -3% | +16% |
| Operating cash flow | $25.4M | — | +6% |
| Free cash flow | $25.2M | — | +8% |
What changed
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.
Questions
What was OP Bancorp's revenue in the third quarter 2026?
OP Bancorp (OPBK) reported revenue of $27.5M for the third quarter 2026 (Q3 2026), +12% from a year earlier and +7% from the quarter before.
Was OP Bancorp profitable in the third quarter 2026?
Operating profit was $10.4M (37.8% of revenue) and net earnings $7.8M.
Source: OP Bancorp 10-Q on SEC EDGAR.