Origin Bancorp Inc reports results for the quarter ended December 31 - Earnings Summary

Origin Bancorp

22/01/2025 22:01

* Origin Bancorp Inc  OBK.N  reported quarterly adjusted
earnings
of 46 cents​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 43 cents.  The mean expectation of five analysts
for the quarter was for earnings of 52 cents per share. Wall
Street expected results to range from 48 cents to 57 cents per
share.
    * Revenue fell 3.9% to $78.02 million from a year ago;
analysts
expected $87.75 million. 
    * Origin Bancorp Inc's reported EPS for the quarter was 46
cents​.
    * The company reported quarterly net income of $14.27
million.
    * Origin Bancorp Inc shares had risen by 7.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 13.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for Origin Bancorp
Inc is $41.00 
This summary was machine generated from LSEG data January 22 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.52           0.46           Missed
 Sep. 30 2024      0.64           0.60           Missed
 Jun. 30 2024      0.62           0.67           Beat
 Mar. 31 2024      0.60           0.73           Beat