Origin Bancorp, Inc. (OBNK) Tops Q3 EPS by 1c

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Origin Bancorp, Inc. Reports Earnings For Third Quarter 2022

October 26, 2022 4:10 PM EDT

RUSTON, La., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Origin Bancorp, Inc. (Nasdaq: OBNK) (Origin or the Company), the holding company for Origin Bank (the Bank), today announced net income of $16.2 million, or $0.57 diluted earnings per share for the quarter ended September 30, 2022, compared to $21.3 million, or $0.90 diluted earnings per share, for the quarter ended June 30, 2022, and compared to net income of $27.0 million, or $1.14 diluted earnings per share for the quarter ended September 30, 2021. Adjusted net income(1) for the quarter ended September 30, 2022, was $31.1 million, or $1.09 adjusted diluted earnings per share(1). Pre-tax, pre-provision net income ("PTPP")(1) was $36.0 million.

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