OP Bancorp Completes $25M Subordinated Notes Placement
OP Bancorp has completed a $25 million private placement of fixed-to-floating rate subordinated notes due in 2035, aimed at strengthening regulatory capital and supporting growth. The notes will initially have a fixed interest rate of 7.50% until 2030, after which they will switch to a floating rate. The current analyst rating for OPBK stock is a Hold with a price target of $14.50. OP Bancorp operates Open Bank, focusing on commercial banking services in California, Texas, and Nevada, particularly for small and medium-sized businesses and ethnic minority communities.
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OP Bancorp ( (OPBK) ) has provided an announcement.
On November 7, 2025, OP Bancorp completed a private placement of $25 million in fixed-to-floating rate subordinated notes due in 2035. The notes, which qualify as Tier 2 capital, will initially bear a fixed interest rate of 7.50% per annum until November 15, 2030, after which they will switch to a floating rate. The proceeds are intended to strengthen the regulatory capital of Open Bank and support its growth.
The most recent analyst rating on (OPBK) stock is a Hold with a $14.50 price target. To see the full list of analyst forecasts on OP Bancorp stock, see the OPBK Stock Forecast page.
Spark’s Take on OPBK Stock
According to Spark, TipRanks’ AI Analyst, OPBK is a Neutral.
OP Bancorp’s overall stock score is primarily influenced by its stable financial performance and attractive valuation. However, technical analysis indicates potential bearish momentum, which slightly offsets the positive valuation. The lack of earnings call and corporate events data means these factors do not influence the score.
To see Spark’s full report on OPBK stock, click here.
More about OP Bancorp
OP Bancorp is a California-based corporation, publicly traded on the Nasdaq Global Market under the ticker symbol ‘OPBK’. It operates Open Bank, which provides general commercial banking services in Los Angeles, Orange, and Santa Clara Counties in California, the Dallas metropolitan area in Texas, and Clark County in Nevada. The bank focuses on serving small- and medium-sized businesses, professionals, and residents, with a particular emphasis on Korean and other ethnic minority communities. It has twelve full-service branch offices and five loan production offices across several states.
Average Trading Volume: 40,668
Technical Sentiment Signal: Buy
Current Market Cap: $195M
