Revenue: As of FY2026 Q2, the actual value is USD 151.13 M.

EPS: As of FY2026 Q2, the actual value is USD 1.09, beating the estimate of USD 0.996.

EBIT: As of FY2026 Q2, the actual value is USD 43.36 M.

Dividend Declaration

Origin Bancorp, Inc. declared a quarterly cash dividend of $0.25 per share of its common stock, payable on August 31, 2026, to stockholders of record as of August 14, 2026. The quarterly dividend was increased from $0.15 to $0.25 per share in April 2026, representing a 67% increase.

Net Income

Net income for the quarter ended June 30, 2026, was $33.8 million, an increase of $6.2 million, or 22.2%, compared to $27.7 million for the quarter ended March 31, 2026. This marks its highest level since 4Q22. For the six months ended June 30, 2026, net income was $61.5 million, compared to $37.1 million for the six months ended June 30, 2025.

Pre-Tax, Pre-Provision (PTPP) Earnings

PTPP earnings were $43.2 million for the quarter ended June 30, 2026, compared to $40.2 million for the quarter ended March 31, 2026. For the six months ended June 30, 2026, PTPP earnings were $83.4 million, compared to $53.5 million for the six months ended June 30, 2025.

Net Interest Income

Net interest income for the quarter ended June 30, 2026, was $92.2 million, an increase of $5.0 million, or 5.7%, compared to $87.2 million for the quarter ended March 31, 2026. This increase was primarily driven by a $4.4 million increase in interest income and a $529,000 decrease in interest expense. For the six months ended June 30, 2026, net interest income was $179.4 million, compared to $160.6 million for the six months ended June 30, 2025.

Net Interest Margin (NIM-FTE)

The fully tax-equivalent net interest margin (NIM-FTE) was 3.92% for the quarter ended June 30, 2026, an increase of 21 basis points from 3.71% in the linked quarter and 31 basis points from 3.61% in the quarter ended June 30, 2025. The net interest spread increased to 3.07%, or 18 basis points, compared to the linked quarter, reaching its highest level since 4Q22. For the six months ended June 30, 2026, NIM-FTE was 3.82%, compared to 3.52% for the six months ended June 30, 2025.

Noninterest Income

Noninterest income for the quarter ended June 30, 2026, was $15.4 million, a decrease of $1.4 million from the linked quarter’s $16.8 million. This was primarily due to a -$2.7 million decrease in insurance commission and fee income, partially offset by a -$905,000 decrease in equity method investment losses. For the six months ended June 30, 2026, noninterest income was $32.2 million, compared to $17.0 million for the six months ended June 30, 2025.

Noninterest Expense

Noninterest expense for the quarter ended June 30, 2026, was $64.4 million, an increase of $615,000, or 1.0%, from $63.8 million in the linked quarter. This increase was mainly due to a $2.0 million increase in salaries and employee benefits expense, partially offset by decreases of -$840,000 in professional services and -$625,000 in other expense. For the six months ended June 30, 2026, noninterest expense was $128.2 million, compared to $124.1 million for the six months ended June 30, 2025.

Provision for Credit Losses

The total provision for credit losses was $65,000 for the quarter ended June 30, 2026, a significant decrease from $5.0 million for the linked quarter. This decrease was primarily due to reduced risk in the loan portfolio, resulting in a net benefit provision for loan credit losses of -$373,000 compared to a provision expense of $5.0 million in the linked quarter. For the six months ended June 30, 2026, the provision for credit losses was $5.0 million, compared to $6.3 million for the six months ended June 30, 2025.

Loans Held for Investment (LHFI)

Total LHFI at June 30, 2026, was $8.07 billion, an increase of $209.4 million, or 2.7%, from $7.86 billion at March 31, 2026, and an increase of $389.1 million, or 5.1%, compared to June 30, 2025. Excluding mortgage warehouse lines of credit, LHFI increased by $141.9 million, or 1.9%, to $7.48 billion at June 30, 2026. Mortgage warehouse lines of credit were $589.7 million at June 30, 2026, an increase of $67.4 million, or 12.9%, from March 31, 2026.

Deposits

Total deposits at June 30, 2026, were $8.70 billion, a decrease of $53.0 million, or 0.6%, compared to $8.76 billion at March 31, 2026, but an increase of $580.2 million, or 7.1%, from $8.12 billion at June 30, 2025. Noninterest-bearing deposits as a percentage of total deposits increased to 26.0% at June 30, 2026, from 23.6% at March 31, 2026, and 22.7% at June 30, 2025.

Borrowings

FHLB advances and other borrowings at June 30, 2026, were $136.9 million, an increase of $124.3 million from $12.6 million at March 31, 2026. This increase was primarily due to a $125.0 million increase in FHLB short-term borrowings to meet seasonal liquidity needs.

Subordinated Debentures

Total subordinated debentures at June 30, 2026, were $16.6 million, a decrease of $73.1 million, or 81.5%, compared to June 30, 2025, following the redemption of $74.0 million in debentures during the fourth quarter of 2025.

Total Stockholders’ Equity

Total stockholders’ equity at June 30, 2026, was $1.28 billion, an increase of $20.8 million, or 1.6%, compared to $1.26 billion at March 31, 2026, and an increase of $75.3 million, or 6.2%, from $1.21 billion at June 30, 2025.

Credit Quality

Past due 30 to 89 days and still accruing decreased by $12.4 million to $5.2 million at June 30, 2026, representing 0.06% of total LHFI, down from 0.22% at March 31, 2026. Total nonperforming LHFI decreased by $8.7 million at June 30, 2026, compared to March 31, 2026. The Allowance for Loan Credit Losses (ALCL) totaled $98.2 million at June 30, 2026, a decrease of $827,000 from March 31, 2026, and was 1.22% as a percentage of LHFI, down from 1.26% at March 31, 2026. Net charge-offs were $454,000 for the quarter ended June 30, 2026, a decrease of $2.3 million compared to the linked quarter, primarily due to decreases in charge-offs and increases in recoveries in commercial and industrial loans. The annualized charge-off rate was 0.02% for the quarter ended June 30, 2026.

Profitability Ratios

Annualized Return on Average Assets (ROAA) was 1.35% for the quarter ended June 30, 2026, an increase of 24 basis points from the prior quarter, marking its highest level since 4Q22. PTPP ROAA (annualized) was 1.73% for the quarter ended June 30, 2026, up from 1.61% in the prior quarter. The annualized Return on Average Stockholders’ Equity (ROAE) was 10.64% for the quarter ended June 30, 2026, compared to 8.86% for the prior quarter. Annualized Return on Average Tangible Common Equity (ROATCE) was 12.17% for the quarter ended June 30, 2026, up from 10.15% in the prior quarter.

Balance Sheet and Capital

Total Assets were $10,276,930 thousand at June 30, 2026, compared to $10,188,144 thousand at March 31, 2026. Book Value per Common Share was $41.52 at June 30, 2026, up from $40.81 at March 31, 2026. Tangible Book Value per Common Share was $36.37 at June 30, 2026, compared to $35.61 at March 31, 2026. The Common Equity to Total Assets ratio was 12.47% at June 30, 2026, up from 12.37% at March 31, 2026. Tangible Common Equity to Tangible Assets was 11.09% at June 30, 2026, compared to 10.97% at March 31, 2026. Estimated capital ratios for the quarter ended June 30, 2026, included Common Equity Tier 1 Capital to Risk-Weighted Assets of 12.1% (Company Level) and 11.4% (Origin Bank Level), Tier 1 Capital to Risk-Weighted Assets of 13.6% (Company Level) and 12.8% (Origin Bank Level), Total Capital to Risk-Weighted Assets of 14.8% (Company Level) and 14.0% (Origin Bank Level), and Tier 1 Capital to Average Assets (Leverage Ratio) of 13.4% (Company Level) and 12.8% (Origin Bank Level).

Operational Metrics

The Efficiency Ratio improved to 59.87% for the quarter ended June 30, 2026, down from 61.32% for the quarter ended March 31, 2026.

Shareholder Actions

Origin Bancorp, Inc. repurchased 217,034 shares of common stock in the second quarter of 2026 at an average price of $46.60 per share. In July 2026, the board approved a $100 million increase in repurchase authority, with $121.6 million remaining available under the program.

Outlook / Guidance

Origin Bancorp, Inc. plans to continue executing its “Optimize Origin” initiative, strategically investing across its footprint, attracting talent, and deploying excess capital. The company projects mid to high-single-digit loan growth (excluding warehouse lines) and deposit growth year-over-year for the full year 2026. It targets a Return on Average Assets (ROAA) of 1.15% or higher by Q4 2026, working towards an ultimate top quartile ROAA target, with anticipated high-single-digit Net Interest Income growth for 2026.