We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Origin Bancorp (OBK) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Read MoreHide Full Article
Wall Street analysts forecast that Origin Bancorp (OBK - Free Report) will report quarterly earnings of $0.50 per share in its upcoming release, pointing to a year-over-year decline of 16.7%. It is anticipated that revenues will amount to $87.75 million, exhibiting an increase of 8.1% compared to the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Origin Bancorp metrics that are commonly tracked and forecasted by Wall Street analysts.
The consensus among analysts is that 'Average Balance - Total interest-earning assets' will reach $9.43 billion. The estimate is in contrast to the year-ago figure of $9.17 billion.
Analysts' assessment points toward 'Total nonperforming assets' reaching $70.44 million. Compared to the current estimate, the company reported $34.04 million in the same quarter of the previous year.
It is projected by analysts that the 'Net Interest Margin (NIM)' will reach 3.1%. Compared to the current estimate, the company reported 3.2% in the same quarter of the previous year.
Analysts forecast 'Total nonperforming loans' to reach $64.21 million. The estimate is in contrast to the year-ago figure of $30.12 million.
Analysts predict that the 'Efficiency Ratio' will reach 71.9%. The estimate compares to the year-ago value of 75%.
The average prediction of analysts places 'Net interest income (FTE)' at $72.96 million. Compared to the current estimate, the company reported $73.60 million in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Total Noninterest Income' should arrive at $15.03 million. The estimate compares to the year-ago value of $8.20 million.
The consensus estimate for 'Net Interest Income' stands at $72.71 million. The estimate is in contrast to the year-ago figure of $72.99 million.
Over the past month, shares of Origin Bancorp have returned +7.1% versus the Zacks S&P 500 composite's -0.4% change. Currently, OBK carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Origin Bancorp (OBK) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Wall Street analysts forecast that Origin Bancorp (OBK - Free Report) will report quarterly earnings of $0.50 per share in its upcoming release, pointing to a year-over-year decline of 16.7%. It is anticipated that revenues will amount to $87.75 million, exhibiting an increase of 8.1% compared to the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Origin Bancorp metrics that are commonly tracked and forecasted by Wall Street analysts.
The consensus among analysts is that 'Average Balance - Total interest-earning assets' will reach $9.43 billion. The estimate is in contrast to the year-ago figure of $9.17 billion.
Analysts' assessment points toward 'Total nonperforming assets' reaching $70.44 million. Compared to the current estimate, the company reported $34.04 million in the same quarter of the previous year.
It is projected by analysts that the 'Net Interest Margin (NIM)' will reach 3.1%. Compared to the current estimate, the company reported 3.2% in the same quarter of the previous year.
Analysts forecast 'Total nonperforming loans' to reach $64.21 million. The estimate is in contrast to the year-ago figure of $30.12 million.
Analysts predict that the 'Efficiency Ratio' will reach 71.9%. The estimate compares to the year-ago value of 75%.
The average prediction of analysts places 'Net interest income (FTE)' at $72.96 million. Compared to the current estimate, the company reported $73.60 million in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Total Noninterest Income' should arrive at $15.03 million. The estimate compares to the year-ago value of $8.20 million.
The consensus estimate for 'Net Interest Income' stands at $72.71 million. The estimate is in contrast to the year-ago figure of $72.99 million.
View all Key Company Metrics for Origin Bancorp here>>>
Over the past month, shares of Origin Bancorp have returned +7.1% versus the Zacks S&P 500 composite's -0.4% change. Currently, OBK carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>