Origin Bancorp Q1 profit falls on lower loan yields

Origin Bancorp

22/04/2026 21:28

Overview

US regional bank's Q1 net income and EPS declined from prior quarter

Net interest income for Q1 rose to a record high, driven by lower interest expense

Company raised quarterly dividend by 67% in April 2026

Outlook

Origin maintains near-term ROAA run rate target of 1.15% or higher by 4Q26

Company continues to focus on productivity, balance sheet optimization and employee engagement

Result Drivers

INTEREST EXPENSE REDUCTION - Lower interest rates on money market deposits and redemption of subordinated debentures drove a $3.9 mln decrease in interest expense, supporting record net interest income

LOWER LOAN YIELDS - Interest income on loans declined $5.1 mln, mainly due to lower yields and two fewer calendar days, partially offset by higher average balances

NONINTEREST INCOME MIX - Seasonal increase in insurance commission and fee income was offset by a decrease in equity method investment income due to downward adjustments in limited partnership investments

Company press release: ID:nGNX8fv8yp

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
$0.89
Q1 Net Income
$27.69 mln
Q1 Net Interest Income
$87.24 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Origin Bancorp Inc is $48.00, about 5.9% above its April 21 closing price of $45.34

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)