OP Bancorp

OP Bancorp reported net income of $25.6 million for FY 2025, a 22% increase from $21.1 million in FY 2024. This growth was primarily driven by a 19% increase in net interest income to $78.3 million, resulting from higher average loan balances, which expanded the net interest margin to 3.19% from 2.99%. Total assets grew 12% to $2.65 billion, supported by a 12% increase in gross loans to $2.19 billion and a 12% increase in total deposits to $2.28 billion. The company maintained strong capital ratios, with a Tier 1 leverage ratio of 8.99% and a Common Equity Tier 1 ratio of 10.93%. Key forward-looking items include navigating the current interest rate environment, managing the impact of recent SBA program eligibility changes, and continuing its organic growth strategy.

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