Logo image of OBNK

ORIGIN BANCORP INC (OBNK) Stock Fundamental Analysis

NASDAQ:OBNK - Nasdaq - US68621T1025 - Common Stock - Currency: USD

28.61  -0.54 (-1.85%)

After market: 28.61 0 (0%)

Fundamental Rating

4

Taking everything into account, OBNK scores 4 out of 10 in our fundamental rating. OBNK was compared to 405 industry peers in the Banks industry. OBNK may be in some trouble as it scores bad on both profitability and health. OBNK is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

Quickly go to:

3

1. Profitability

1.1 Basic Checks

In the past year OBNK was profitable.
In the past year OBNK had a positive cash flow from operations.
Each year in the past 5 years OBNK has been profitable.
Each year in the past 5 years OBNK had a positive operating cash flow.
OBNK Yearly Net Income VS EBIT VS OCF VS FCFOBNK Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 0 50M 100M 150M

1.2 Ratios

OBNK's Return On Assets of 0.88% is on the low side compared to the rest of the industry. OBNK is outperformed by 65.89% of its industry peers.
OBNK's Return On Equity of 9.20% is on the low side compared to the rest of the industry. OBNK is outperformed by 68.69% of its industry peers.
Industry RankSector Rank
ROA 0.88%
ROE 9.2%
ROIC N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
OBNK Yearly ROA, ROE, ROICOBNK Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 5 10

1.3 Margins

OBNK's Profit Margin of 25.54% is on the low side compared to the rest of the industry. OBNK is outperformed by 60.98% of its industry peers.
OBNK's Profit Margin has improved in the last couple of years.
OBNK does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 25.54%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y2.52%
PM growth 5Y33.83%
GM growth 3YN/A
GM growth 5YN/A
OBNK Yearly Profit, Operating, Gross MarginsOBNK Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 10 20 30

More info and screens

3

2. Health

2.1 Basic Checks

OBNK does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for OBNK has been increased compared to 1 year ago.
The debt/assets ratio for OBNK has been reduced compared to a year ago.
OBNK Yearly Shares OutstandingOBNK Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 10M 20M 30M
OBNK Yearly Total Debt VS Total AssetsOBNK Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2B 4B 6B 8B

2.2 Solvency

The Debt to FCF ratio of OBNK is 1.44, which is an excellent value as it means it would take OBNK, only 1.44 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of OBNK (1.44) is better than 61.45% of its industry peers.
A Debt/Equity ratio of 0.20 indicates that OBNK is not too dependend on debt financing.
OBNK has a Debt to Equity ratio of 0.20. This is comparable to the rest of the industry: OBNK outperforms 42.76% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 1.44
Altman-Z N/A
ROIC/WACCN/A
WACC7.52%
OBNK Yearly LT Debt VS Equity VS FCFOBNK Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 0 200M 400M 600M 800M

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
OBNK Yearly Current Assets VS Current LiabilitesOBNK Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 50M 100M 150M

More info and screens

5

3. Growth

3.1 Past

The earnings per share for OBNK have decreased strongly by -26.71% in the last year.
OBNK shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 49.43% yearly.
The Revenue has grown by 30.31% in the past year. This is a very strong growth!
OBNK shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.83% yearly.
EPS 1Y (TTM)-26.71%
EPS 3Y12.84%
EPS 5Y49.43%
EPS Q2Q%-9.2%
Revenue 1Y (TTM)30.31%
Revenue growth 3Y14.73%
Revenue growth 5Y15.83%
Sales Q2Q%36.72%

3.2 Future

Based on estimates for the next years, OBNK will show a small growth in Earnings Per Share. The EPS will grow by 3.24% on average per year.
Based on estimates for the next years, OBNK will show a quite strong growth in Revenue. The Revenue will grow by 8.84% on average per year.
EPS Next Y7.7%
EPS Next 2Y3.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year15.25%
Revenue Next 2Y8.84%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
OBNK Yearly Revenue VS EstimatesOBNK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
OBNK Yearly EPS VS EstimatesOBNK Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1 2 3 4

More info and screens

4

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 8.91, the valuation of OBNK can be described as reasonable.
Based on the Price/Earnings ratio, OBNK is valued a bit more expensive than the industry average as 64.95% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 29.62. OBNK is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 8.16 indicates a reasonable valuation of OBNK.
OBNK's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.70. OBNK is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 8.91
Fwd PE 8.16
OBNK Price Earnings VS Forward Price EarningsOBNK Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

OBNK's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 6.07
EV/EBITDA N/A
OBNK Per share dataOBNK EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30

4.3 Compensation for Growth

OBNK's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.16
PEG (5Y)0.18
EPS Next 2Y3.24%
EPS Next 3YN/A

More info and screens

4

5. Dividend

5.1 Amount

OBNK has a Yearly Dividend Yield of 2.10%.
In the last 3 months the price of OBNK has falen by -27.83%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
Compared to an average industry Dividend Yield of 3.19, OBNK is paying slightly less dividend.
OBNK's Dividend Yield is comparable with the S&P500 average which is at 2.27.
Industry RankSector Rank
Dividend Yield 2.1%

5.2 History

On average, the dividend of OBNK grows each year by 23.33%, which is quite nice.
OBNK has been paying a dividend for over 5 years, so it has already some track record.
OBNK has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)23.33%
Div Incr Years4
Div Non Decr Years4
OBNK Yearly Dividends per shareOBNK Yearly Dividends per shareYearly Dividends per share 2018 2019 2020 2021 2022 2023 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

19.06% of the earnings are spent on dividend by OBNK. This is a low number and sustainable payout ratio.
The dividend of OBNK is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP19.06%
EPS Next 2Y3.24%
EPS Next 3YN/A
OBNK Yearly Income VS Free CF VS DividendOBNK Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 0 50M 100M 150M
OBNK Dividend Payout.OBNK Dividend Payout, showing the Payout Ratio.OBNK Dividend Payout.PayoutRetained Earnings

More info and screens

ORIGIN BANCORP INC

NASDAQ:OBNK (5/19/2023, 8:00:02 PM)

After market: 28.61 0 (0%)

28.61

-0.54 (-1.85%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)04-26 2023-04-26/amc
Earnings (Next)07-25 2023-07-25/amc
Inst Owners57.59%
Inst Owner Change-75.57%
Ins Owners0.66%
Ins Owner Change0%
Market Cap880.64M
Analysts81.82
Price Target35.09 (22.65%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.1%
Yearly Dividend0.58
Dividend Growth(5Y)23.33%
DP19.06%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.31%
Min EPS beat(2)-15.08%
Max EPS beat(2)-5.54%
EPS beat(4)2
Avg EPS beat(4)-4.01%
Min EPS beat(4)-15.08%
Max EPS beat(4)2.6%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-5.94%
Min Revenue beat(2)-6.19%
Max Revenue beat(2)-5.69%
Revenue beat(4)1
Avg Revenue beat(4)-2.74%
Min Revenue beat(4)-6.19%
Max Revenue beat(4)1.71%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-10.65%
PT rev (3m)-24.56%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-14.68%
EPS NY rev (1m)0%
EPS NY rev (3m)-24.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.04%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-10.63%
Valuation
Industry RankSector Rank
PE 8.91
Fwd PE 8.16
P/S 2.46
P/FCF 6.07
P/OCF 5.57
P/B 0.89
P/tB 1.1
EV/EBITDA N/A
EPS(TTM)3.21
EY11.22%
EPS(NY)3.51
Fwd EY12.26%
FCF(TTM)4.71
FCFY16.47%
OCF(TTM)5.14
OCFY17.96%
SpS11.62
BVpS32.25
TBVpS25.94
PEG (NY)1.16
PEG (5Y)0.18
Profitability
Industry RankSector Rank
ROA 0.88%
ROE 9.2%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 25.54%
GM N/A
FCFM N/A
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y2.52%
PM growth 5Y33.83%
GM growth 3YN/A
GM growth 5YN/A
F-ScoreN/A
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0.2
Debt/FCF 1.44
Debt/EBITDA N/A
Cap/Depr 88.61%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 158.84%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-ScoreN/A
WACC7.52%
ROIC/WACCN/A
Cap/Depr(3y)82.23%
Cap/Depr(5y)101.41%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-26.71%
EPS 3Y12.84%
EPS 5Y49.43%
EPS Q2Q%-9.2%
EPS Next Y7.7%
EPS Next 2Y3.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)30.31%
Revenue growth 3Y14.73%
Revenue growth 5Y15.83%
Sales Q2Q%36.72%
Revenue Next Year15.25%
Revenue Next 2Y8.84%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y152.3%
FCF growth 3Y39.62%
FCF growth 5Y18.38%
OCF growth 1Y145.92%
OCF growth 3Y33.22%
OCF growth 5Y18.63%