Origin Bancorp, Inc. OBK
Origin Bancorp, Inc. is a financial holding company headquartered in Ruston, Louisiana. Our wholly owned bank subsidiary, Origin Bank, was founded in 1912 in Choudrant, Louisiana. Deeply rooted in our history is a culture committed to providing personalized, relationship banking to businesses, municipalities, and personal clients to enrich the lives of the people in the communities we serve. We provide a broad range of financial services and currently operates more than 56 locations in Dallas/Fort Worth, East Texas, Houston, North Louisiana, Mississippi, South Alabama and the Florida Panhandle. In addition, we provide a broad range of insurance agency products and services through our wholly owned insurance agency subsidiary, Forth Insurance, LLC. At December 31, 2025, we had total assets of $9.72 billion, total loans held for investment ("LHFI") of $7.67 billion, total deposits of $8.31 billion and total stockholders' equity of $1.25 billion.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $538.0M | $564.6M | $523.4M | $326.6M | $241.7M | $228.7M | $227.1M | $188.1M | $152.6M | $139.2M |
| Interest expense | $331.0M | $300.4M | $299.6M | $275.3M | $25.4M | $37.2M | $53.4M | $34.6M | $22.3M | $18.5M |
| Pre-tax income | $95.6M | $97.3M | $105.9M | $107.4M | $132.4M | $44.4M | $66.5M | $62.4M | $20.5M | $15.8M |
| Income tax | $20.4M | $20.8M | $22.1M | $19.7M | $23.9M | $8.0M | $12.7M | $10.8M | $5.8M | $2.9M |
| Net income | $75.2M | $76.5M | $83.8M | $87.7M | $108.5M | $36.4M | $53.9M | $51.6M | $14.7M | $12.8M |
| EPS, basic | 2.42 | 2.46 | 2.72 | 3.29 | 4.63 | 1.56 | 2.30 | 2.21 | 0.51 | 0.46 |
| EPS, diluted | 2.40 | 2.45 | 2.71 | 3.28 | 4.60 | 1.55 | 2.28 | 2.20 | 0.50 | 0.46 |
| Shares, diluted (wtd. avg.) | $31.3M | $31.2M | $30.9M | $26.8M | $23.6M | $23.5M | $23.7M | $22.2M | $19.6M | $17.7M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $424.2M | $470.2M | $280.4M | $359.0M | $705.6M | $377.2M | $291.5M | $116.7M | $187.2M | $259.9M |
| Property, plant and equipment | — | — | $119.0M | $100.2M | $80.7M | $81.8M | $80.5M | $75.0M | $77.4M | — |
| Goodwill | $128.7M | $128.7M | $128.7M | $128.7M | $34.2M | $26.7M | $26.7M | $26.7M | $22.2M | — |
| Other intangibles | $33.4M | $37.5M | $45.5M | $49.8M | $17.0M | $8.8M | $4.8M | $6.1M | — | — |
| Total assets | $9.72B | $9.68B | $9.72B | $9.84B | $7.86B | $7.63B | $5.32B | $4.82B | $4.15B | — |
| Total liabilities | $8.48B | $8.53B | $8.66B | $8.74B | $7.13B | $6.98B | $4.73B | $4.27B | $3.70B | — |
| Retained earnings | $612.5M | $557.9M | $500.4M | $435.4M | $363.6M | $266.6M | $239.9M | $191.6M | $145.1M | — |
| Total equity | $1.25B | $1.15B | $1.06B | $949.9M | $730.2M | $647.1M | $599.3M | $549.8M | $420.4M | $420.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $158.9M | $108.5M | $129.9M | $145.6M | $171.5M | $887.0K | $61.6M | $77.8M | $62.0M | $54.6M |
| Depreciation and amortisation | $10.2M | $8.8M | $8.0M | $6.8M | $6.0M | $5.8M | $5.4M | $4.9M | $5.3M | $6.4M |
| Stock-based compensation | $8.3M | $7.2M | $5.3M | $3.4M | $2.3M | $2.3M | $2.2M | $1.5M | $1.1M | $1.5M |
| Capital expenditure | $7.9M | $22.0M | $26.8M | $8.5M | $5.0M | $7.2M | $11.2M | $5.5M | $3.0M | $7.9M |
| Investing cash flow | -$113.7M | $231.9M | -$130.0M | -$456.0M | $12.9M | -$2.12B | -$291.2M | -$764.9M | -$197.7M | -$154.7M |
| Financing cash flow | -$91.3M | -$150.6M | -$78.4M | -$36.3M | $144.1M | $2.20B | $404.5M | $616.6M | $63.0M | $83.8M |
| Dividends paid | $18.9M | $18.7M | $18.6M | $15.9M | $11.5M | $8.9M | $5.9M | $5.9M | $7.0M | $5.8M |
| Buybacks | $15.8M | $0 | $0 | $0 | $1.3M | $723.0K | $10.1M | $0 | $0 | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001516912-26-000026.
Others in SIC 6022
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | $111.84B | 22.3x | 7.8% |
| STT | STATE STREET CORP | $53.36B | 20.7x | 7.3% |
| FITB | FIFTH THIRD BANCORP | $49.76B | 15.5x | -5.0% |
| MTB | M&T BANK CORP | $34.64B | 14.1x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $34.15B | 21.4x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $29.81B | 18.3x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $25.48B | 13.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.92B | 13.7x | 2.4% |