Origin Bancorp, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Origin Bancorp, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Selling and marketing	2.85	2.92	4.28	3.81	3.71	3.44	4.43	5.99	6.15	5.56
Interest expense	18.5	22.3	34.6	53.4	37.2	25.4	51.3	224
Pre-tax income	15.8	20.5	62.4	66.5	44.4	132	107	106	97.3	95.6
Income tax	2.92	5.81	10.8	12.7	8	23.9	19.7	22.1	20.8	20.4
Net income	12.9	14.7	51.6	53.9	36.4	109	87.7	83.8	76.5	75.2
EPS, basic	0.46	0.51	2.21	2.30	1.56	4.63	3.29	2.72	2.46	2.42
EPS, diluted	0.46	0.50	2.20	2.28	1.55	4.60	3.28	2.71	2.45	2.40
Shares, basic (weighted)	17.5	19.4	22	23.5	23.4	23.4	26.6	30.8	31.1	31.1
Shares, diluted (weighted)	17.7	19.6	22.2	23.7	23.5	23.6	26.8	30.9	31.2	31.3
Dividend per share	0.13	0.13	0.13	0.25	0.38	0.49	0.58	0.60	0.60	0.60

Balance sheet

	FY2016	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	260	187	117	292	377	706	359	280	470	424
Property, plant and equipment		77.4	75	80.5	81.8	80.7	100	119	127	124
Lease right-of-use assets				24	21.7	23.7	32.6	47.6	52.8	51.9
Goodwill		22.2	26.7	26.7	26.7	34.2	129	129	129	129
Intangible assets			6.12	4.8	8.75	17	49.8	45.5	37.5	33.4
Total assets		4,154	4,822	5,325	7,628	7,861	9,686	9,723	9,679	9,725
Total liabilities		3,699	4,272	4,725	6,981	7,131	8,736	8,660	8,533	8,478
Paid-in capital		146	242	236	237	242	521	529	537	534
Retained earnings		145	192	240	267	364	435	500	558	613
Other comprehensive income		1.31	-2.48	6.33	25.6	5.73	-160	-121	-106	-54.1
Shareholders' equity	420	420	550	599	647	730	950	1,063	1,145	1,247
Total equity	420	420	550	599	647	730	950	1,063	1,145	1,247
Total liabilities and equity		4,154	4,822	5,325	7,628	7,861	9,686	9,723	9,679	9,725
Shares outstanding			23.7	23.5

Cash flow statement

	FY2016	FY2018	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	12.9	14.7	51.6	53.9	36.4	109	87.7	83.8	76.5	75.2
Depreciation and amortization	6.4	5.3	4.9	5.4	5.8	6	6.8	8	8.8	10.2
Stock-based compensation	1.55	1.15	1.46	2.25	2.32	2.3	3.45	5.28	7.17	8.26
Deferred income tax	1.4	4.93	5.64	-2.6	-11.9	6.28	18.3	27.7	-1.47	-4.52
Cash from operations	54.6	62	77.8	61.6	0.89	171	146	130	108	159
Capital expenditures	-7.93	-3.03	-5.48	-11.2	-7.2	-5.02	-8.47	-26.8	-22	-7.87
Acquisitions	0	0	-6.6	0	0	-7.46
Purchases of investments	-466	-443	-478	-94.5	-700	-717	-558	-11	-247	-835
Sales and maturities of investments	433	409	279	154	152	147	165	138	167	622
Cash from investing	-155	-198	-765	-291	-2,116	12.9	-456	-130	232	-114
Stock issued	41.8	0	95.2	0	0	0.15	2.95	3.14	1.87	0.95
Share buybacks		0	0	-10.1	-0.72	-1.26	0	0	0	-15.8
Dividends paid	-5.76	-7	-5.94	-5.86	-8.85	-11.5	-15.9	-18.6	-18.7	-18.9
Cash from financing	83.8	63	617	404	2,201	144	-36.3	-78.4	-151	-91.3
Net change in cash	-16.3	-72.7	-70.5	175	85.7	328	-347	-78.5	190	-46
Free cash flow	46.7	59	72.3	50.4	-6.31	166	137	103	86.4	151
Interest paid	18.6	22.7	34.4	53.2	36.4	26.3	50.1	215	268	212
Income taxes paid	7.09	5.27	0.68	10	25	21.2	-6.26	0.38	24.2	34.5

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $53.64 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Effective tax rate	21.4%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	7.8%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	1.0%	Net income / average total assets.

Growth

Metric	Value	How it is calculated
Net income growth, 1y	-1.7%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-5.0%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	15.6%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	-2.0%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-9.9%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	9.1%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	46.5%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	2.9%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	182.3%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	74.8%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	3.3%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share growth, 1y	0.0%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	1.1%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	9.7%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	8.9%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	9.5%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	14.0%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	0.5%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	0.1%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	5.0%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.4%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	5.4%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	5.9%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Liabilities / assets	87.5%	Total liabilities / total assets.
Goodwill and intangibles / assets	1.5%	(Goodwill + intangible assets) / total assets.
Tangible book value	$1.12B	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
FCF conversion	176.0%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	10.3%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$3.20	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share	$5.63	Free cash flow / diluted weighted shares.
Operating cash flow per share	$6.28	Cash from operations / diluted weighted shares.
Book value per share	$41.12	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$36.01	Tangible book value / shares outstanding.
Cash per share	$17.54	(Cash + short-term investments) / shares outstanding.
Payout ratio	22.0%	Dividends paid / net income, when net income is positive.
Dividends / FCF	12.5%	Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF	16.2%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$1.65B	Share price x shares outstanding.
Enterprise value	$1.11B	Market cap + total debt - cash - short-term investments.
P/E	16.6x	Market cap / net income. Only when net income is positive.
P/B	1.29x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	1.47x	Market cap / tangible book value, when positive.
P/FCF	9.44x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	8.46x	Market cap / cash from operations, when positive.
EV/FCF	6.32x	Enterprise value / free cash flow, when both are positive.
FCF yield	10.6%	Free cash flow / market cap.
Earnings yield	6.0%	Net income / market cap (the inverse of P/E).
Dividend yield	1.3%	Dividends paid over the period / market cap.
Shareholder yield	3.0%	(Dividends paid + share buybacks) / market cap.

Was Origin Bancorp, Inc. profitable in fiscal 2025?

Yes. Net income was $75.2M, a net margin of -.

How much free cash flow did Origin Bancorp, Inc. generate in fiscal 2025?

Cash from operations of $158.9M minus capital expenditures of $7.9M left free cash flow of $151.1M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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