OP Bancorp Delays Form 10-K Filing

OP Bancorp ( (OPBK) ) has released a notification of late filing.

OP Bancorp has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The primary reason for this delay is the company’s transition from a non-accelerated filer to an accelerated filer status, which requires an independent evaluation of its Internal Control over Financial Reporting (ICFR) by an external accounting firm. This evaluation has not yet been completed, preventing the timely filing of the report. OP Bancorp expects to file the Form 10-K within fifteen calendar days following the original due date. The company has already released its unaudited financial results for the fourth quarter and fiscal year, and it anticipates that the final financial statements will align with the previously reported data. The notification was signed by Jaehyun Park, the Chief Financial Officer, who assured ongoing compliance efforts.

More about OP Bancorp

YTD Price Performance: -20.67%

Average Trading Volume: 29,684

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $184.3M

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