Origin Bancorp, Inc. (OBK) Tops Q3 EPS by 15c

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Origin Bancorp, Inc. Reports Earnings for Third Quarter 2023

October 25, 2023 4:15 PM EDT

RUSTON, La., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Origin Bancorp, Inc. (NYSE: OBK) (Origin, we, our or the Company), the holding company for Origin Bank (the Bank), today announced net income of $24.3 million, or $0.79 diluted earnings per share for the quarter ended September 30, 2023, compared to net income of $21.8 million, or $0.70 diluted earnings per share, for the quarter ended June 30, 2023. Adjusted pre-tax, pre-provision (adjusted PTPP)(1) earnings were $30.7 million for the quarter ended September 30, 2023.

Origin reported strong earnings this quarter as our team remained focused on executing on our strategic plan and delivering for our customers and communities, said Drake Mills,... More