8-K: Origin Bancorp Announces First Quarter 2024 Earnings Release and Conference Call

Origin Bancorp will release its first quarter 2024 financial results after market close on April 24, 2024, followed by a conference call on April 25, 2024.

Summary

• Origin Bancorp, Inc. will release its first quarter 2024 financial results after the market closes on Wednesday, April 24, 2024.
• A conference call and webcast to discuss the results will be held on Thursday, April 25, 2024, at 8:00 a.m. Central Time.
• The conference call will be hosted by Drake Mills, Chairman, President and CEO of Origin, William J. Wallace, IV, Chief Financial Officer of Origin, and Lance Hall, President and CEO of Origin Bank.
• The webcast will include a slide presentation, which will be available on the company's website after market close on April 24, 2024.
• Origin Bancorp has over 60 locations across several states and plans to expand into South Alabama and the Florida Panhandle in 2024.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it is a routine announcement of an upcoming earnings release and conference call, with some positive news about expansion plans.

Positives

• The company is providing a clear schedule for the release of its first quarter 2024 results and a subsequent conference call.
• Origin Bancorp is expanding its presence with planned locations in South Alabama and the Florida Panhandle in 2024.
• The company is making the presentation materials available online for investors.

Risks

• There are no specific risks mentioned in this announcement, but the financial results themselves could present risks depending on the performance of the company.

Future Outlook

The company plans to release its first quarter 2024 results and hold a conference call to discuss them, and is planning to expand into South Alabama and the Florida Panhandle in 2024.

Management Comments

• Drake Mills, Chairman, President and CEO of Origin, William J. Wallace, IV, Chief Financial Officer of Origin, and Lance Hall, President and CEO of Origin Bank will host the conference call.

Industry Context

This announcement is typical for publicly traded financial institutions, which regularly release quarterly earnings and hold conference calls to discuss their performance with investors.

Comparison to Industry Standards

• The timing of the earnings release and conference call is consistent with industry practices for publicly traded banks.
• Many comparable regional banks such as Hancock Whitney Corporation (HWC) and Cadence Bank (CADE) follow a similar schedule for quarterly earnings announcements and investor calls.
• The use of a webcast and slide presentation is also a common practice among peer companies to enhance investor communication.

Stakeholder Impact

• Shareholders will receive information about the company's first quarter 2024 performance.
• Investors will have the opportunity to ask questions during the conference call.
• The company's expansion plans may positively impact customers and employees in the new locations.

Next Steps

• Origin Bancorp will release its first quarter 2024 financial results on April 24, 2024.
• The company will host a conference call and webcast on April 25, 2024, to discuss the results.
• The company will post presentation materials on its website after market close on April 24, 2024.

Key Dates

Keywords

earnings, conference call, financial results, webcast, Origin Bancorp, OBK, investor relations