OPBK (OP Bancorp) Interest Expense : $-72.01 Mil (TTM As of Sep. 2024)

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What is OP Bancorp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. OP Bancorp's interest expense for the three months ended in Sep. 2024 was $ -18.79 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-72.01 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. OP Bancorp's Operating Income for the three months ended in Sep. 2024 was $ Mil. OP Bancorp's Interest Expense for the three months ended in Sep. 2024 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

OP Bancorp Interest Expense Historical Data

The historical data trend for OP Bancorp's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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OP Bancorp Interest Expense Chart

OP Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-8.29

-3.13

-11.30

-52.98

-72.01

OP Bancorp Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Expense	Get a 7-Day Free Trial															-15.55	-16.93	-18.16	-18.79	-18.12

OP Bancorp Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-72.01 Mil.

OP Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » OP Bancorp (NAS:OPBK) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

OP3:Germany

Address

1000 Wilshire Boulevard, Suite 500, Los Angeles, CA, USA, 90017

Website

https://opbancorp.q4ir.com

OP Bancorp is engaged in the general commercial banking business in Los Angeles, Orange, and Santa Clara Counties, California, Carrollton, Texas, and Las Vegas, Nevada. The Bank is focused on serving the banking needs of small- and medium-sized businesses, professionals, and residents with a particular emphasis on Korean and other ethnic minority communities. It operates with eleven full branches.

Executives

Ki Won Yoon	officer: Chief Lending Officer	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Brian Choi	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Hyung J Kim	director	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Sunny Kwon	director	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Yong Sin Shin	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ock Hee Kim	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ryan Shin	officer: Chief SBA Officer	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Jae H. Park	officer: Chief Risk Officer	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Kathrine Duncan	officer: Chief Risk Officer	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Ihnsuk Jimmy Bang	officer: Chief Banking Officer	1000 WILSHIRE BLVD., SUITE 500, LOS ANGELES CA 90017
Ernest Dow	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Christine Yoon Oh	officer: Chief Financial Officer	3731 WILSHIRE BLVD., SUITE 1000, LOS ANGELES CA 90010
Myung Park	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Jason Hwang	director	1000 WILSHIRE BLVD, SUITE 500, LOS ANGELES CA 90017
Sang Kyo Oh	officer: CHIEF CREDIT OFFICER	1000 WILSHIRE BOULEVARD, SUITE 500, LOS ANGELES CA 90017