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Origin Bancorp, Inc. operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, and retail clients in Texas, Louisiana, and Mississippi. It provides noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers commercial real estate, construction and land development, consumer, residential real estate, commercial and industrial, mortgage warehouse, and residential mortgage loans. The company offers personal and commercial property, and casualty insurance products; and internet banking and voice response information, mobile applications, cash management, business credit cards, overdraft protection, direct deposit, safe deposit boxes, automatic account transfers, peer-to-peer electronic pay solutions, and personal financial management solutions; and mobile and online banking, treasury management, mortgage origination and servicing facilities, commercial and consumer loans, and insurance services. The company was founded in 1991 and is headquartered in Ruston, Louisiana.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $389M | - | $75M | $149M | 6.0% | 10.5% | -1.7% |
| 2024 | $352M | - | $76M | $86M | 6.7% | -0.1% | -8.7% |
| 2023 | $352M | - | $84M | $103M | 7.9% | 8.0% | -4.5% |
| 2022 | $326M | - | $88M | $137M | 9.2% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 326.46 | 352.45 | 352.06 | 388.98 |
| Operating Revenue | - | 326.46 | 352.45 | 352.06 | 388.98 |
| Selling General And Administration | - | 123.40 | 144.80 | 154.97 | 156.45 |
| Interest Income | - | 326.60 | 523.39 | 564.58 | 537.96 |
| Interest Expense | - | 51.33 | 223.83 | 264.22 | 206.97 |
| Net Interest Income | - | 275.28 | 299.56 | 300.37 | 330.99 |
| Pretax Income | - | 107.44 | 105.92 | 97.26 | 95.64 |
| Tax Provision | - | 19.73 | 22.12 | 20.77 | 20.44 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -1.13 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 87.72 | 83.80 | 76.49 | 75.20 |
| Net Income From Continuing And Discontinued Operation | - | 87.72 | 83.80 | 76.49 | 75.20 |
| Net Income From Continuing Operation Net Minority Interest | - | 87.72 | 83.80 | 76.49 | 75.20 |
| Net Income | - | 87.72 | 83.80 | 76.49 | 75.20 |
| Net Income Common Stockholders | - | 87.72 | 83.80 | 76.49 | 75.20 |
| Net Income Including Noncontrolling Interests | - | 87.72 | 83.80 | 76.49 | 75.20 |
| Normalized Income | - | 92.75 | 83.80 | 76.49 | 75.20 |
| Diluted NI Availto Com Stockholders | - | 87.72 | 83.80 | 76.49 | 75.20 |
| Basic Average Shares | - | 26.63 | 30.82 | 31.08 | 31.14 |
| Diluted Average Shares | - | 26.76 | 30.93 | 31.20 | 31.33 |
| Reconciled Depreciation | - | 12.30 | 17.63 | 16.80 | 16.81 |
| Total Unusual Items | -0.18 | -6.17 | 0.06 | 0 | - |
| Total Unusual Items Excluding Goodwill | -0.18 | -6.17 | 0.06 | 0 | - |
| Special Income Charges | 0 | -6.17 | 0 | 0 | - |
| Restructuring And Mergern Acquisition | 0 | 6.17 | 0 | 0 | - |
| Gain On Sale Of Security | - | 1.66 | -1.54 | -9.61 | -7.48 |
| Depreciation Amortization Depletion Income Statement | - | 5.49 | 9.63 | 7.98 | 6.61 |
| Depreciation And Amortization In Income Statement | - | 5.49 | 9.63 | 7.98 | 6.61 |
| General And Administrative Expense | - | 118.97 | 138.82 | 148.82 | 150.89 |
| Other Gand A | 6.40 | 8.12 | - | - | - |
| Salaries And Wages | - | 118.97 | 138.82 | 148.82 | 150.89 |
| Selling And Marketing Expense | - | 4.43 | 5.99 | 6.15 | 5.56 |
| Amortization | - | 5.49 | 9.63 | 7.98 | 6.61 |
| Amortization Of Intangibles Income Statement | - | 5.49 | 9.63 | 7.98 | 6.61 |
| Occupancy And Equipment | - | 20.20 | 26.78 | 27.86 | 29.77 |
| Professional Expense And Contract Services Expense | - | 3.81 | 5.93 | 6.61 | 6.63 |
| Other Non Interest Expense | - | 35.24 | 43.03 | 50.45 | 46.40 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Origin Bancorp, Inc.this co. | OBK | $1.5B | 19.77↑ premium | 1.19 | 6.0% | - |
| Hope Bancorp, Inc. | HOPE | $1.6B | 26.13 | 0.70 | 2.7% | - |
| Bank First Corporation | BFC | $1.6B | 21.96 | 2.44 | 11.1% | - |
| ConnectOne Bancorp, Inc. | CNOB | $1.5B | 19.13 | 1.05 | 5.5% | - |
| QCR Holdings, Inc. | QCRH | $1.5B | 12.07 |
| - |
| - |
| - |
| - |
| - |
| 1.38 |
| 11.4% |
| - |
| Byline Bancorp, Inc. | BY | $1.5B | 11.70 | 1.20 | 10.3% | - |
| Lakeland Financial Corporation | LKFN | $1.5B | 14.29 | 1.94 | 13.6% | - |
| Perella Weinberg Partners | PWP | $1.5B | 41.59 | -11.59 | -27.9% | 20.42 |
| Kemper Corporation | KMPR | $1.4B | 9.76 | 0.52 | 5.3% | - |
| Peer Median | - | 16.71 | 1.13 | 7.9% | 20.42 | |