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OP Bancorp (OP Bancorp) 12-1 Month Momentum % : 12.91% (As of May. 03, 2024)


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What is OP Bancorp 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-05-03), OP Bancorp's 12-1 Month Momentum % is 12.91%.

The industry rank for OP Bancorp's 12-1 Month Momentum % or its related term are showing as below:

OPBK's 12-1 Month Momentum % is ranked better than
56.07% of 1548 companies
in the Banks industry
Industry Median: 11.285 vs OPBK: 12.91

Competitive Comparison of OP Bancorp's 12-1 Month Momentum %

For the Banks - Regional subindustry, OP Bancorp's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OP Bancorp's 12-1 Month Momentum % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, OP Bancorp's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where OP Bancorp's 12-1 Month Momentum % falls into.



OP Bancorp  (NAS:OPBK) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* 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.


OP Bancorp  (NAS:OPBK) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


OP Bancorp 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of OP Bancorp's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.


OP Bancorp (OP Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1000 Wilshire Boulevard, Suite 500, Los Angeles, CA, USA, 90017
OP Bancorp is engaged in the financial service domain in the United States. It is a holding company of the Open Bank, which is a California state-chartered an FDIC-insured financial institution. The company core activities reflect accepting deposits and making loans and investments. Its deposit products are demand and time deposits, and the primary lending products are commercial business loans which are offered to small and medium-sized businesses.
Executives
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
Brian Choi 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
Ki Won Yoon officer: Chief Lending 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

OP Bancorp (OP Bancorp) Headlines

From GuruFocus

OP Bancorp Declares Quarterly Cash Dividend of $0.12 Per Share

By Business Wire Business Wire 10-27-2022

OP Bancorp Declares Quarterly Cash Dividend of $0.07 per Share

By Business Wire Business Wire 04-22-2021

OP Bancorp to Acquire SBA Loan Portfolio

By Business Wire Business Wire 02-03-2021

OP Bancorp Declares Quarterly Cash Dividend of $0.07 per Share

By Business Wire Business Wire 01-29-2021

OP Bancorp Declares Quarterly Cash Dividend of $0.07 per Share

By Business Wire Business Wire 04-24-2020

OP Bancorp Declares Quarterly Cash Dividend of $0.07 per Share

By Business Wire Business Wire 10-23-2020

OP Bancorp Declares Quarterly Cash Dividend of $0.10 per Share

By Business Wire Business Wire 01-27-2022

OP Bancorp Declares Quarterly Cash Dividend of $0.10 per Share

By Business Wire Business Wire 04-29-2022