Origin Bancorp ( (OBK) ) just unveiled an announcement.
On March 3, 2025, Origin Bancorp, Inc. announced that five members of its Board of Directors will not stand for reelection at the 2025 Annual Meeting of Stockholders, reducing the Board size from 16 to 11 directors. This strategic move aligns with governance best practices and aims to create a more efficient Board to support the company’s strategy and future growth. The decision is not due to any disagreements and reflects the Board’s commitment to optimal governance as recommended by its Nominating and Corporate Governance Committee.
More about Origin Bancorp
Origin Bancorp, Inc. is a financial holding company headquartered in Ruston, Louisiana, with a wholly owned bank subsidiary, Origin Bank, founded in 1912. The company provides personalized relationship banking services to businesses, municipalities, and personal clients, operating over 55 locations across Dallas/Fort Worth, East Texas, Houston, North Louisiana, Mississippi, South Alabama, and the Florida Panhandle.
YTD Price Performance: 16.74%
Average Trading Volume: 160,951
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.21B
For a thorough assessment of OBK stock, go to TipRanks’ Stock Analysis page.