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Origin Bancorp, Inc. (Nasdaq: OBNK) announced a quarterly cash dividend of $0.15 per share, approved by its board of directors on April 27, 2022. This dividend will be paid on May 31, 2022, to stockholders who are on record by the closing of business on May 17, 2022. Origin, headquartered in Ruston, Louisiana, provides a wide range of financial services through its wholly owned bank, Origin Bank. With 45 banking centers across Texas, Louisiana, and Mississippi, Origin continues its commitment to personalized banking.
Origin Bancorp, Inc. (Nasdaq: OBNK) will release its first quarter 2022 financial results after market close on April 27, 2022. The subsequent conference call is scheduled for April 28, 2022, at 8:00 a.m. CT, featuring key executives, including Chairman Drake Mills and CFO Steve Brolly. Investors can participate via a dedicated dial-in number or listen to the audio webcast on Origin's website. The call will be archived for those unable to attend live, ensuring accessibility of the financial insights presented.
Origin Bancorp (OBNK) and BT Holdings (BTH) have announced a merger agreement where Origin will acquire BTH in an all-stock deal valued at approximately $313.5 million. This transaction is expected to enhance Origin’s assets to about $9.9 billion, with loans and deposits rising significantly. Each BTH share will convert to 0.6547 shares of Origin stock, totaling $29.15 per BTH share based on Origin's stock price as of February 23, 2022. The merger aims to bolster community banking and expand Origin’s Texas market presence.
Origin Bancorp reported record net income of $28.3 million or $1.20 diluted EPS for Q4 2021, marking growth from $27.0 million in Q3 2021 and $17.6 million in Q4 2020. For the year, net income reached $108.5 million, with a 196.8% increase in diluted EPS to $4.60. Loan growth, excluding PPP, was 23% annually. Total deposits rose $411.9 million or 6.7% from Q3 2021, totaling $6.57 billion. The Company also acquired 100% of The Lincoln Agency and Pulley-White Insurance Agency.
Origin Bancorp, Inc. (Nasdaq: OBNK) announced on January 26, 2022, that its board of directors has declared a quarterly cash dividend of $0.13 per share. This dividend will be payable on February 28, 2022, to stockholders on record as of February 14, 2022. Origin Bancorp, headquartered in Ruston, Louisiana, offers a variety of financial services through its subsidiary, Origin Bank, which has been operational since 1912 and maintains 44 banking centers across Texas and Louisiana.
Origin Bancorp, Inc. (Nasdaq: OBNK) plans to release its fourth quarter and full year 2021 results on January 26, 2022, after market close. A conference call will follow on January 27, 2022, at 8:00 a.m. CT, featuring Chairman and CEO Drake Mills, CFO Steve Brolly, and President of Origin Bank Lance Hall. For participants, dial (844) 695-5516; International: (412) 902-6750. A live webcast will be available on the company’s website, along with an archive for later access.
Origin Bancorp operates 44 banking centers across Texas, Louisiana, and Mississippi.
Origin Bancorp, Inc. (Nasdaq: OBNK) has declared a quarterly cash dividend of $0.13 per share, payable on November 30, 2021. Stockholders of record by the close of business on November 19, 2021 will receive this dividend. The company, based in Ruston, Louisiana, operates 44 banking centers across Texas, Louisiana, and Mississippi. Known for personalized banking services, Origin aims to support businesses and individuals alike.
Origin Bancorp (Nasdaq: OBNK) reported a net income of $27.0 million for Q3 2021, representing $1.14 diluted EPS, down from $1.17 in Q2 2021. The total loans held for investment increased by 2.3% to $4.26 billion quarter-over-quarter, while total securities surged by 50.1% to $1.54 billion. Noninterest income rose by 28.0% to $15.9 million. However, net interest income declined by 3.2% to $52.5 million. The company announced the acquisition of The Lincoln Agency, potentially enhancing noninterest income.
Origin Bancorp, Inc. (Nasdaq: OBNK) will announce its third-quarter 2021 financial results on October 27, 2021, after market hours. A conference call is scheduled for October 28, 2021, at 8:00 a.m. CT, hosted by key executives including Drake Mills (Chairman and CEO) and Steve Brolly (CFO). Participants can join by calling (844) 695-5516 or via an audio-only webcast available on Origin’s website. The results and subsequent discussions will provide insights into the financial performance and outlook of Origin Bancorp.
Origin Bancorp (OBNK) reported record net income of $27.7 million for Q2 2021, reflecting a $2.2 million increase from Q1 2021 and a substantial $22.8 million rise from Q2 2020. Diluted EPS reached $1.17, up $0.09 quarter-over-quarter and $0.96 year-over-year. While net interest income decreased to $54.3 million, driven by a reduced loan portfolio, credit loss provision showed a net benefit of $5.6 million. Total deposits stood at $6.03 billion, down 5.0% from the previous quarter yet up 12.2% year-on-year.
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