Origin Bancorp (OBK) Company Report

Origin Bancorp Inc. reported diluted earnings per share of $0.47 for Q2 2025.
The company's "Optimize Origin" plan has led to approximately $34 million in annual pretax, pre-provision earnings improvement and aims for a 1% ROA run rate by 2025.
Net interest margin (NIM) expanded 17 basis points to 3.61% in Q2 2025, and the company increased its 4Q 2025 margin guidance to 3.7% and full-year 2025 guidance to 3.55%.
Origin Bancorp Inc. reduced its 2025 loan and deposit growth guidance to low single digits and authorized a new $50 million share repurchase plan effective through July 2028.
The company increased its ownership in Argent Financial to 20% on July 1, which is anticipated to drive approximately $6 million in additional income next year and will result in a $7 million write-up in Q3 financials.

Jul 26, 2025, 12:35 AM

Origin Bancorp, Inc. Reports Second Quarter 2025 Earnings

OBK

Earnings

Guidance Update

Share Buyback

Origin Bancorp, Inc. reported net income of $14.6 million and diluted earnings per share of $0.47 for the second quarter of 2025, compared to $22.4 million and $0.71 respectively for the prior quarter.
The company's "Optimize Origin" initiative is projected to yield an annual pre-tax pre-provision earnings improvement of approximately $34.2 million.
Net interest income increased by 4.7% to $82.1 million for Q2 2025, and the fully tax equivalent net interest margin (NIM-FTE expanded 17 basis points to 3.61%) compared to the linked quarter.
During Q2 2025, the company repurchased 136,399 shares of common stock at an average price of $31.84 per share and approved a new $50.0 million stock repurchase program.
A bond portfolio optimization strategy resulted in a $14.4 million loss on sales of securities, which negatively impacted diluted EPS by $0.35 for the quarter, but is expected to generate an estimated annual increase in net interest income of $5.6 million.

Jul 23, 2025, 12:00 AM

Origin Bancorp Inc Reports Q1 2025 Earnings

OBK

Earnings

Guidance Update

Share Buyback

Optimize Origin Strategy: The company is advancing its Optimize Origin plan, targeting an ROA run rate of 1% or greater by Q4 2025 and expecting annual pretax earnings improvement of about $1.5 million from the restructured mortgage business ( ).
Financial Performance Highlights: Q1 2025 diluted EPS was $0.71, net interest margin expanded to 3.44%, and deposits showed modest growth alongside a decline in noninterest expense, reflecting effective cost management ( ).
Capital Strength and Share Repurchase: The company reported a tangible book value growth with a TCE ratio at 10.6% and expressed plans for share buybacks and a potential sub-debt call of approximately $75 million to further enhance capital efficiency ( , ).
Operational and Talent Initiatives: Emphasis was placed on strategic hiring, effective cost trimming, and maintaining strong loan and deposit growth despite macroeconomic headwinds ( , ).

Apr 24, 2025, 1:01 PM

Origin Bancorp Q1 2025 Earnings Results

OBK

Earnings

Dividends

Revenue Acceleration/Inflection

Net income reached $22.4 million with diluted EPS of $0.71 for Q1 2025, up from the previous quarter’s results.
Pre-tax, pre-provision earnings improved to $32.0 million compared to $12.6 million in the linked quarter, signaling stronger performance.
The company advanced its Optimize Origin initiative, targeting a ROAA above 1% by Q4 2025, and declared a $0.15 per share quarterly dividend.

Apr 23, 2025, 12:00 AM

Origin Bancorp Announces Q1 2025 Earnings Release and Conference Call

OBK

Earnings

Q1 2025 earnings results will be released after market close on April 23, 2025, with a conference call scheduled for April 24, 2025 at 8:00 a.m. Central Time (9:00 a.m. Eastern Time).
The conference call will feature Chairman, President, and CEO Drake Mills, CFO William J. Wallace, IV, and President & CEO of Origin Bank Lance Hall to discuss the financial performance.

Apr 10, 2025, 12:00 AM

Origin Bancorp Reports Material Weakness in Internal Controls

OBK

Financial Restatement

Management identified a material weakness in internal controls over financial reporting related to manual transfers, impacting filings as of December 31, 2023 and several quarterly periods in early 2024.
Management asserts the weakness did not affect the consolidated financial statements, with plans to address the issue in amended 10-K and 10-Q filings.

Feb 24, 2025, 12:00 AM