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Origin Bancorp OBK Q2 2024 earnings

Reported July 24, 2024 · After market close

Revenue$95.2MBeat by $4.1M
EPS$0.67Beat by $0.05
Revenue estimate$91.1M
EPS estimate$0.62

Next report

Oct 28, 2026 (in 3 months)
Revenue estimate$111.4M
EPS estimate$1.07

Financials

Q2 2024

Income statement

See full
Revenue$96.4M+6.0%
Net income$21.0M-3.5%
EPS (diluted)$0.67-4.3%

Balance sheet

See full
Cash & equivalents$288.1M-38.2%
Total equity$1.1B+9.8%
Total assets$9.9B-2.1%

Cash flow

See full
Operating cash flow$11.9M-75.0%
CapEx$5.4M+54.7%
Free cash flow$6.5M-85.2%

Valuation & ratios

Valuation

as of 06/30/24
See full
Market cap$982.73M+8.9%
P/E12.1×+2.2×
P/S2.7×+0.3×

Profitability

See full
Net margin22.6%-1.9pp
FCF margin18.6%-22.2pp

Returns & leverage

See full
Return on equity7.8%-3.4pp

Segments

By product

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Insurance commission and fee income$6.7M+7.8%
Service charges and fees$4.9M+3.0%

Versus estimates

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Questions, answered.

When did Origin Bancorp report Q2 2024 earnings?
Origin Bancorp (OBK) reported Q2 2024 earnings on July 24, 2024 after market close.
What were Origin Bancorp's Q2 2024 revenue and EPS?
Origin Bancorp reported revenue of $95.2M and eps of $0.67 for Q2 2024.
Did Origin Bancorp beat estimates in Q2 2024?
Revenue beat the consensus estimate of $91.1M by $4.1M. EPS beat the consensus estimate of $0.62 by $0.05.
Where can I find Origin Bancorp's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0001516912-24-000092) directly on SEC EDGAR. The filing index links above go to sec.gov.