14.93
+1.15%
Close of 9 Nov 2026, in USD
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About OP Bancorp
From its filings with the US Securities and Exchange Commission
OP Bancorp is based in Los Angeles, California and is incorporated in California. Its shares trade on Nasdaq under the ticker OPBK. The SEC classifies its business as state commercial banks. In the fiscal year to 31 December 2025, it reported revenue of $3.2m and net income of $25.6m. At that date it held total assets of $2.65bn and shareholders' equity of $227.9m.
Founded in 2005 as First Standard Bank, and rebranded as Open Bank in 2010, we formed OP Bancorp as our holding company in 2016. OP Bancorp, headquartered in Los Angeles, California, operates its commercial community banking activities through Open Bank ("Open Bank" or the "Bank"), our wholly owned banking subsidiary. We provide commercial banking services to small and medium-sized businesses, their owners, and retail customers, with a focus on the Korean-American community. We currently operate twelve full service branches: nine branches across Los Angeles and Orange Counties in California, as well as one branch each in Santa Clara, California; Carrollton, Texas; and Las Vegas, Nevada. Additionally, we maintain five loan production offices located in Pleasanton, California; Atlanta, Georgia; Aurora, Colorado; Lynnwood, Washington; and Fairfax, Virginia. Substantially all our business activities are conducted through the Bank.
We provide our customers with a high degree of service, convenience and the financial products we believe they need to achieve their financial objectives, by offering a customer-oriented product mix, competitive pricing, and convenient locations. Our lending activities are diversified and include commercial real estate ("CRE"), commercial and industrial ("C&I"), Small Business Administration (“SBA”), home mortgage, and consumer loans. We generally lend in markets where we have a physical presence through our branch and loan production offices.
Quoted from its 10-K, filed 13 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Thrifts & Mortgage Finance
- Listed since
- 22 Jul 2005
- Employees
- 249
- Head office
- 1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES, CA, 90017
- Incorporated in
- CA
- Classification
- State Commercial Banks
- Filer status
- Accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Ms. Min KimChairman of the Board of the Company and the Bank, since 2010$915,300
- Mr. Sang OhPresident and Chief Executive Officer of the Company and the Bank$362,376
- Mr. Jaehyun ParkChief Financial Officer, Executive Vice President
- Ms. Christine OhChief Operating Officer, Executive Vice President$425,809
- Mr. Wesley WonExecutive Vice President and Chief Technology Officer of the Bank
- Mr. Jae ParkExecutive Vice President and Chief Risk Officer of the Bank
- Mr. Yeong Gwon PakExecutive Vice President and Chief Credit Officer of the Company and the Bank
- Mr. Ryan ShinExecutive Vice President and Chief SBA Officer of the Bank
- Ms. Ki Won YoonExecutive Vice President and Chief Lending Officer of the Bank
- Dr. Soo Hun JungIndependent Director$90,002
- Mr. Hyung KimIndependent Director$90,002
- Ms. Sunny KwonIndependent Director$90,002
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 41
- Environment
- 2
- Social
- 46
- Governance
- 75
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- OP Bancorp possesses a strong market position and brand reputation, leading to a loyal customer base.
- The company has a robust financial standing with steady revenue growth and healthy profit margins.
- OP Bancorp benefits from an experienced management team with deep industry knowledge and expertise.
Weaknesses
- OP Bancorp's geographic presence is limited, which restricts its market reach and potential for expansion.
- The company's dependency on a single business segment makes it vulnerable to market fluctuations and changes in regulations.
- OP Bancorp may face challenges in attracting and retaining top talent due to intense competition in the banking industry.
Opportunities
- OP Bancorp can capitalize on the growing demand for financial services, particularly in underserved markets.
- Expansion into new geographical regions can open up untapped customer segments and increase market share.
- The development and adoption of new technologies offer opportunities to enhance operational efficiency and customer experience.
Threats
- Intense competition from established banks and emerging fintech companies poses a threat to OP Bancorp's market position.
- The regulatory environment in the banking industry is continuously evolving, increasing compliance-related challenges.
- Economic downturns and recessionary periods may impact customer lending and deposit behaviors, affecting OP Bancorp's revenue.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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