Origin Bancorp Stock Earnings Reports

Key points for investors: Origin reported Q1 EPS of $0.89 and continues to show improving operating performance under its Optimize Origin program. Loans held for investment (ex-mortgage warehouse) rose $200M (2.8% q/q) and deposits (adjusted for a year-end sale) grew roughly 2.8% q/q, with Texas and the Southeast driving the growth. NIM compressed slightly to 3.71% in Q1 but management expects a ~10 bp bounce in Q2 and NIM in the 3.7%–3.8% range by year-end (guidance assumes two 25 bp Fed cuts in July and December). Management is tracking toward mid- to high-single-digit loan and deposit growth for the year and expects net interest income growth in the mid- to high-single digits. Credit remains sound: annualized charge-off rate ~0.15% for the quarter, nonperforming assets modestly higher at 1.12% of loans, and the allowance at $99M (1.34% of loans net of warehouse). Capital and shareholder returns: tangible book value grew to $35.61, TCE ~11%, the board raised the quarterly dividend from $0.15 to $0.25, and the company repurchased shares in Q1. Management added 15 production bankers in Q1, hired a Chief Technology & Innovation Officer to accelerate digital, data and AI initiatives, and says M&A is not a current priority — they expect to capitalize on organic growth and talent lift-outs from industry disruption. Overall, targets include a Q4 run-rate ROA of at least 1.15% and a pretax pre-provision ROA above 1.72%, with continued focus on disciplined, high-quality growth, pricing discipline, and productivity improvements via technology and AI.