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Stock impact report

Origin Bancorp, Inc. Reports Earnings For Third-Quarter 2021

Origin Bancorp, Inc. (OBNK) 
Last origin bancorp, inc. earnings: 4/22 04:30 pm Check Earnings Report
Company Research Source: GlobeNewswire
RUSTON, La., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Origin Bancorp, Inc. (Nasdaq: OBNK) ("Origin" or the "Company"), the holding company for Origin Bank (the "Bank"), today announced net income of $27.0 million for the quarter ended September 30, 2021, or $1.14 diluted earnings per share, compared to net income of $27.7 million for the quarter ended June 30, 2021, or $1.17 diluted earnings per share. Net income was $13.1 million, or $0.56 diluted earnings per share for the quarter ended September 30, 2020. Pre-tax, pre-provision earnings for the quarter were $29.3 million, a 1.4% increase on a linked quarter basis, and a 2.1% decrease from the third quarter of 2020. “Origin Bancorp delivered another strong quarter of earnings as our bankers remained focused on the fundamental core aspects of our business,” said Drake Mills, chairman, president and CEO of Origin Bancorp, Inc. “I’m very pleased with the 9% annualized growth on loans excluding PPP and mortgage warehouse. I’m also proud to Show less Read more
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