Origin Bancorp Inc - Understand $obk stock

$OBK Market Cap: $1.095 Billion

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Financial Snapshot

Revenue

$424.8M

TTM

Gross Margin

Net Earnings

$75.65M

TTM

Current Assets

Current Liabilities

$143.4M

Q3 2024

Current Ratio

Total Assets

$9.966B

Q3 2024

Total Liabilities

$8.820B

Q3 2024

Book Value

$1.146B

Q3 2024

Cash

$321.2M

Q3 2024

P/E

14.48

Nov 13, 2024 EST

Free Cash Flow

$49.89M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	$523.4M	$326.6M	$241.7M	$228.7M	$227.1M	$188.1M	$152.6M	$139.2M
YoY Change	60.25%	35.15%	5.66%	0.71%	20.73%	23.27%	9.66%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$523.4M	$326.6M	$241.7M	$228.7M	$227.1M	$188.1M	$152.6M	$139.2M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$8.000M	$6.800M	$6.000M	$5.800M	$5.400M	$4.900M	$5.300M	$6.400M	$7.500M	$7.400M	$6.600M	$5.100M
YoY Change	17.65%	13.33%	3.45%	7.41%	10.2%	-7.55%	-17.19%	-14.67%	1.35%	12.12%	29.41%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	$223.8M	$51.33M	$25.40M	$37.17M	$53.37M	$34.64M	$22.29M	$18.47M
YoY Change	336.1%	102.04%	-31.65%	-30.36%	54.05%	55.44%	20.68%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Pretax Income	$105.9M	$107.4M	$132.4M	$44.35M	$66.55M	$62.44M	$20.48M	$15.77M	$39.80M	$21.20M	$30.60M	$33.90M
YoY Change	-1.41%	-18.87%	198.58%	-33.35%	6.58%	204.86%	29.91%	-60.39%	87.74%	-30.72%	-9.73%
Income Tax	$22.12M	$19.73M	$23.89M	$7.996M	$12.67M	$10.84M	$5.813M	$2.916M	$10.70M	$3.900M	$8.300M	$9.000M
% Of Pretax Income	20.89%	18.36%	18.04%	18.03%	19.03%	17.36%	28.38%	18.5%	26.88%	18.4%	27.12%	26.55%
Net Earnings	$83.80M	$87.72M	$108.5M	$36.36M	$53.88M	$51.61M	$14.67M	$12.85M	$29.10M	$17.30M	$22.30M	$24.90M
YoY Change	-4.46%	-19.19%	198.56%	-32.52%	4.41%	251.8%	14.16%	-55.84%	68.21%	-22.42%	-10.44%
Net Earnings / Revenue	16.01%	26.86%	44.92%	15.9%	23.73%	27.44%	9.61%	9.23%
Basic Earnings Per Share	$2.72	$3.29	$4.63	$1.56	$2.30	$2.21	$0.51	$0.46
Diluted Earnings Per Share	$2.71	$3.120M	$4.60	$1.55	$2.28	$2.20	$0.50	$0.46	$1.323M	$786.4K	$1.014M	$1.132M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$119.0M	$100.2M	$104.4M	$103.4M	$104.5M	$75.00M	$77.40M	$86.70M	$85.40M	$81.70M	$82.60M	$74.00M
YoY Change	18.74%	-4.02%	0.97%	-1.05%	39.33%	-3.1%	-10.73%	1.52%	4.53%	-1.09%	11.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments												$2.900M
YoY Change
Other Assets							$9.000M	$13.50M	$14.00M	$10.00M	$13.20M	$6.500M
YoY Change							-33.33%	-3.57%	40.0%	-24.24%	103.08%
Total Long-Term Assets
YoY Change
Total Assets	$9.723B	$9.686B	$7.861B	$7.628B	$5.325B	$4.822B	$4.154B	$4.072B	$3.971B	$3.734B	$3.224B	$3.101B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$130.7M	$119.4M	$90.30M	$84.90M	$69.60M	$33.80M	$65.20M	$59.60M	$55.00M	$52.70M	$37.60M	$33.70M
YoY Change	9.42%	32.26%	6.36%	21.98%	105.92%	-48.16%	9.4%	8.36%	4.36%	40.16%	11.57%
Deferred Revenue
YoY Change
Short-Term Debt	$7.124M	$52.49M	$52.80M	$63.90M	$44.60M	$71.00M			$42.00M	$132.0M	$28.60M	$34.60M
YoY Change	-86.43%	-0.59%	-17.37%	43.27%	-37.18%				-68.18%	361.54%	-17.34%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$130.7M	$119.4M	$90.30M	$84.90M	$69.60M	$33.80M	$65.20M	$59.60M	$55.00M	$52.70M	$37.60M	$33.70M
YoY Change	9.42%	32.26%	6.36%	21.98%	105.92%	-48.16%	9.4%	8.36%	4.36%	40.16%	11.57%
Long-Term Debt	$194.3M	$201.8M	$160.3M	$160.3M	$9.900M	$9.600M	$9.600M	$9.600M	$88.10M	$91.70M	$91.70M	$96.40M
YoY Change	-3.71%	25.87%	0.0%	1519.19%	3.13%	0.0%	0.0%	-89.1%	-3.93%	0.0%	-4.88%
Other Long-Term Liabilities				$0.00	$0.00	$0.00
YoY Change
Total Long-Term Liabilities	$194.3M	$201.8M	$160.3M	$160.3M	$9.900M	$9.600M	$9.600M	$9.600M	$88.10M	$91.70M	$91.70M	$96.40M
YoY Change	-3.71%	25.87%	0.0%	1519.19%	3.13%	0.0%	0.0%	-89.1%	-3.93%	0.0%	-4.88%
Total Liabilities	$8.660B	$8.736B	$7.131B	$6.981B	$4.725B	$4.272B	$3.699B	$3.623B	$3.573B	$3.362B	$2.874B	$2.761B
YoY Change	-0.88%	22.51%	2.15%	47.74%	10.62%	15.49%	2.1%	1.4%	6.29%	16.96%	4.09%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	30.82M shares	26.63M shares	23.43M shares	23.37M shares	23.47M shares	22.00M shares	19.42M shares	17.55M shares
Diluted Shares Outstanding	30.93M shares	26.76M shares	23.61M shares	23.51M shares	23.67M shares	22.19M shares	19.63M shares	17.73M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.0953 Billion

About Origin Bancorp Inc

Origin Bancorp, Inc. is a bank holding company, which provides financial services to small and medium-sized businesses, municipalities, individuals, and retail clients. The company is headquartered in Ruston, Louisiana and currently employs 1,041 full-time employees. The company went IPO on 2018-05-09. The firm provides a range of financial services and operates more than 60 locations in Dallas/Fort Worth, East Texas, Houston, North Louisiana and Mississippi. The firm is focused on delivering a range of relationship-driven financial services tailored to meet the needs of small and medium-sized businesses, municipalities and retail clients. The company operates through one segment, which is community banking. The firm is primarily engaged in attracting deposits from individuals and businesses and using these deposits and borrowed funds to originate commercial, residential mortgage, construction and consumer loans. The company originates loans secured by single and multi-family real estate, residential construction and commercial buildings. The firm's consumer loan portfolio is composed of secured and unsecured loans that it originates. Its commercial and industrial loans include working capital, inventory, equipment and capital expansion.

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