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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% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 326.45 | 352.45 | 352.06 | 388.99 |
| Pretax Income | 107.44 | 105.92 | 97.26 | 95.64 |
| Tax Provision | 19.73 | 22.12 | 20.77 | 20.44 |
| Net Income | 87.72 | 83.80 | 76.49 | 75.20 |
| Net Income Common Stockholders | 87.72 | 83.80 | 76.49 | 75.20 |
| Interest Expense | 51.33 | 223.83 | 264.22 | 206.97 |
| Interest Income | 326.60 | 523.39 | 564.59 | 537.96 |
| Selling General And Administration | 123.40 | 144.81 | 154.97 | 156.45 |
| Normalized Income | 92.75 | 83.80 | 76.49 | 75.20 |
| Basic EPS | 3.29 | 2.72 | 2.46 | 2.42 |
| Diluted EPS | 3.28 | 2.71 | 2.45 | 2.40 |
| Tax Effect Of Unusual Items | -1.13 | 0 | 0 | 0 |
| Tax Rate For Calcs | 0.18 | 0.21 | 0.21 | 0.21 |
| Total Unusual Items | -6.17 | 0.06 | 0 | 0 |
| Total Unusual Items Excluding Goodwill | -6.17 | 0.06 | 0 | 0 |
| Net Income From Continuing Operation Net Minority Interest | 87.72 | 83.80 | 76.49 | 75.20 |
| Reconciled Depreciation | 12.30 | 17.63 | 16.80 | 16.81 |
| Net Interest Income | 275.28 | 299.56 | 300.37 | 330.99 |
| Net Income From Continuing And Discontinued Operation | 87.72 | 83.80 | 76.49 | 75.20 |
| Diluted Average Shares | 26.76 | 30.93 | 31.20 | 31.33 |
| Basic Average Shares | 26.63 | 30.82 | 31.08 | 31.14 |
| Diluted NI Availto Com Stockholders | 87.72 | 83.80 | 76.49 | 75.20 |
| Net Income Including Noncontrolling Interests | 87.72 | 83.80 | 76.49 | 75.20 |
| Net Income Continuous Operations | 87.72 | 83.80 | 76.49 | 75.20 |
| Special Income Charges | -6.17 | 0 | 0 | 0 |
| Restructuring And Mergern Acquisition | 6.17 | 0 | 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 |
| Amortization | 5.49 | 9.63 | 7.98 | 6.61 |
| Amortization Of Intangibles Income Statement | 5.49 | 9.63 | 7.98 | 6.61 |
| Selling And Marketing Expense | 4.43 | 5.99 | 6.15 | 5.56 |
| General And Administrative Expense | 118.97 | 138.82 | 148.82 | 150.89 |
| Other Gand A | 8.12 | 0 | 0 | 0 |
| Salaries And Wages | 118.97 | 138.82 | 148.82 | 150.89 |
| Operating Revenue | 326.45 | 352.45 | 352.06 | 388.99 |
| 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 | $1.4B | 18.18↑ premium | 1.15 | 6.0% | - |
| FirstSun Capital Bancorp | FSUN | $1.6B | 10.44 | 0.86 | 8.5% | - |
| Lakeland Financial Corporation | LKFN | $1.5B | 15.05 | 2.04 | 13.6% | - |
| QCR Holdings, Inc. | QCRH | $1.5B | 11.36 | 1.36 | 11.4% | - |
| Exzeo Group, Inc. | XZO | $1.5B | 16.44 |
| 5.82 |
| 32.6% |
| 10.44 |
| Byline Bancorp, Inc. | BY | $1.5B | 10.52 | 1.15 | 10.3% | - |
| Republic Bancorp, Inc. | RBCAA | $1.5B | 11.57 | 1.33 | 11.9% | - |
| ConnectOne Bancorp, Inc. | CNOB | $1.5B | 15.61 | 0.98 | 5.1% | - |
| Westamerica Bancorporation | WABC | $1.4B | 11.19 | 1.39 | 12.4% | - |
| Peer Median | - | 11.47 | 1.34 | 11.7% | 10.44 | |