Service Fees & Transaction-Based Fees Income was OP Bancorp’s largest product and service line in fiscal 2020, bringing in $754.00K of $1.13M (67%).
| Product and Service | FY 2018 | FY 2020 |
|---|---|---|
| Overdraft & Nsf Fees Income | $1.20M | $378.00K |
| Service Fees & Transaction-Based Fees Income | $733.00K | $754.00K |
| Total | $1.93M | $1.13M |
OP Bancorp brought in $1.13M from its two product and service lines in fiscal 2020, the year ended December 31, 2020. That was down 41.4% from $1.93M in fiscal 2018, the previous year with figures. Service Fees & Transaction-Based Fees Income was the largest at $754.00K (66.6%), ahead of Overdraft & Nsf Fees Income at $378.00K (33.4%).
Compared with fiscal 2018, the previous year with figures, Service Fees & Transaction-Based Fees Income grew 2.9% to $754.00K, while Overdraft & Nsf Fees Income fell 68.5% to $378.00K. From fiscal 2018 to 2020, combined revenue from these lines fell from $1.93M to $1.13M, a compound annual decline of 23.5%. Service Fees & Transaction-Based Fees Income's share of the total rose from 37.9% to 66.6%.
OP Bancorp (OPBK) reports its revenue by product and service. In fiscal 2020, Service Fees & Transaction-Based Fees Income was its largest product and service line, bringing in $754.00K (66.6% of the total), followed by Overdraft & Nsf Fees Income at $378.00K (33.4%).
Service Fees & Transaction-Based Fees Income was OP Bancorp's largest product and service line in fiscal 2020, bringing in $754.00K, or 66.6% of the $1.13M total across its two product and service lines.
Every figure comes from OP Bancorp's annual financial filings, as reported. Each line keeps the name OP Bancorp gives it, and years follow its fiscal calendar.
OP Bancorp's revenue by product and service goes back to fiscal 2018, with figures through fiscal 2020. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.