Origin Bancorp Q3 EPS $1.22, Net Income Up 11.6%; Dividend Raised 12% to $0.28

summarizeSummary

Origin Bancorp earned $37.8 million, or $1.22 per diluted share, in Q3 2026, up 11.6% from Q2 on a 3.94% net interest margin, and raised its quarterly dividend 12% to $0.28 per share.

check_boxKey Events · Earnings and Guidance · OBK

• Q3 Net Income Rises 11.6%

  Net income was $37.8 million, or $1.22 diluted EPS, versus $33.8 million and $1.09 in Q2 2026; pre-tax pre-provision earnings rose to $50.7 million from $43.2 million.

• Margin and Returns Expand

  NIM-FTE widened two basis points to 3.94% and annualized ROAA rose 12 basis points to 1.47%, with PTPP ROAA at 1.97%.

• Dividend Raised 12% to $0.28

  The board declared a $0.28 quarterly dividend, up from $0.25, payable November 30, 2026 to holders of record November 13, 2026; the payout is up 87% since April.

• Credit Improves, Provision Steps Up

  Nonperforming assets fell $4.2 million to $75.1 million, or 0.93% of loans and OREO, the lowest in five quarters, while the provision rose to $2.6 million from $65,000 and net charge-offs were $2.7 million.

auto_awesomeAnalysis · OBK · Finance

A record quarter puts Origin inside its stated 1.15% near-term ROAA target: net income of $37.8 million ($1.22 diluted EPS) rose 11.6% from the linked quarter as NIM-FTE widened to 3.94% and annualized ROAA reached 1.47%. The board also lifted the quarterly dividend to $0.28 from $0.25, a 12% increase that brings the total raise since April to 87%. Credit is the quiet positive — nonperforming assets fell to 0.93% of loans and OREO, the best level in five quarters, though the $2.6 million provision and $2.7 million of net charge-offs reversed last quarter's near-zero levels. Management's 4Q26 guide calls for NIM of about 4.00% and PTPP ROAA above 1.85%, and it assumes one more 25 basis point Fed hike in December 2026.