Origin Bancorp, Inc.
In the published model solve dated 2026-Q2, anchored at $54.88, Origin Bancorp, Inc. (OBK) is priced for 11.2% return on equity. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 27, 2026 from SEC EDGAR filings.
• Origin Bancorp is a Texas and Louisiana community bank, and the surprising number is the gap between what it earns and what it costs: return on equity ran 6.0% in fiscal 2025, below a roughly 9% cost of equity, yet the stock trades at a premium to tangible book value of about $34.58 per share. • The biggest risk is that the profitability gap persists: a bank earning less than its cost of equity is destroying value on the margin, and the price assumes the in-progress turnaround closes that gap.
Is OBK overvalued? See what's priced in →
180 institutional managers reported holding OBK in 13F filings for the quarter ended 2026-03-31. Together they hold about 64% of the company; the top 10 hold 37%. 28 opened new positions that quarter. Held by BlackRock, Vanguard Group, Dimensional Fund Advisors, among others. On the short side, 529k shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (4.6 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
OBK's share count grew 32.2% over the past five years even with $22.64M spent on repurchases. It pays a dividend, and has paid one every year in our records (9 and counting); the current rate is $0.60 a share annually. Cash returned over the past three years: $51.63M in dividends and $22.64M in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at OBK over the trailing three years: 2025: 17 buys totaling $1.02M. 18 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
OBK's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-03 | -0.2% | -13.3% |
| 2023-11-08 | +5.6% | +4.6% |
| 2024-02-29 | +1.7% | +5.5% |
| 2024-05-08 | +0.1% | -3.6% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
OBK's latest 8-K filings: 2026-07-22 (items 2.02, 8.01, 9.01); 2026-07-10 (items 7.01, 9.01); 2026-04-29 (items 7.01, 9.01); 2026-04-27 (items 5.07); 2026-04-22 (items 2.02, 8.01, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 27, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.