Banking from the Bayou: Origin Bancorp files for a $90 million IPO

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Origin Bancorp, a Louisiana bank with 41 branches and $4.2 billion in assets, filed on Tuesday with the SEC to raise up to $90 million in an initial public offering.

The Ruston, LA-based company was founded in 1912 and booked $159 million in revenue for the 12 months ended December 31, 2017. It plans to list on the Nasdaq under the symbol OBNK. Origin Bancorp filed confidentially on January 26, 2018. Stephens Inc. and Raymond James are the joint bookrunners on the deal. No pricing terms were disclosed.

The article Banking from the Bayou: Origin Bancorp files for a $90 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital's research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital's Renaissance IPO ETF (symbol: IPO) , Renaissance International ETF (symbol: IPOS) , or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines , IPOs

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