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Side-by-side financial comparison of OP Bancorp (OPBK) and Stran & Company, Inc. (SWAG). Click either name above to swap in a different company.

Stran & Company, Inc. is the larger business by last-quarter revenue ($28.9M vs $24.3M, roughly 1.2× OP Bancorp). On growth, OP Bancorp posted the faster year-over-year revenue change (13.7% vs 7.2%). OP Bancorp produced more free cash flow last quarter ($23.4M vs $38.0K). Over the past eight quarters, Stran & Company, Inc.'s revenue compounded faster (24.0% CAGR vs 11.4%).

OP Bancorp is the bank holding company for Open Bank, a community-oriented commercial bank headquartered in California, United States. It provides a full range of banking solutions including deposit accounts, commercial real estate loans, small business financing, and consumer lending products, primarily catering to small and medium-sized enterprises, local immigrant communities, and retail clients across Southern California.

Stran & Company, Inc. provides branded promotional products, custom merchandise and integrated marketing solutions for corporate clients. It serves customers across retail, healthcare, technology, education and other sectors, supporting brand campaigns, customer engagement and employee incentive programs.

OPBK vs SWAG — Head-to-Head

Bigger by revenue
SWAG
SWAG
1.2× larger
SWAG
$28.9M
$24.3M
OPBK
Growing faster (revenue YoY)
OPBK
OPBK
+6.5% gap
OPBK
13.7%
7.2%
SWAG
More free cash flow
OPBK
OPBK
$23.3M more FCF
OPBK
$23.4M
$38.0K
SWAG
Faster 2-yr revenue CAGR
SWAG
SWAG
Annualised
SWAG
24.0%
11.4%
OPBK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
OPBK
OPBK
SWAG
SWAG
Revenue
$24.3M
$28.9M
Net Profit
$243.0K
Gross Margin
30.4%
Operating Margin
39.2%
-0.1%
Net Margin
0.8%
Revenue YoY
13.7%
7.2%
Net Profit YoY
141.5%
EPS (diluted)
$0.48
$0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OPBK
OPBK
SWAG
SWAG
Q4 25
$24.3M
$28.9M
Q3 25
$24.5M
$26.0M
Q2 25
$23.7M
$32.6M
Q1 25
$22.2M
$28.7M
Q4 24
$21.3M
$27.0M
Q3 24
$20.7M
$20.1M
Q2 24
$20.4M
$16.7M
Q1 24
$19.6M
$18.8M
Net Profit
OPBK
OPBK
SWAG
SWAG
Q4 25
$243.0K
Q3 25
$6.7M
$-1.2M
Q2 25
$6.3M
$643.0K
Q1 25
$5.6M
$-393.0K
Q4 24
$-586.0K
Q3 24
$5.4M
$-2.0M
Q2 24
$5.4M
$-1.0M
Q1 24
$5.2M
$-491.0K
Gross Margin
OPBK
OPBK
SWAG
SWAG
Q4 25
30.4%
Q3 25
27.2%
Q2 25
30.3%
Q1 25
29.6%
Q4 24
32.5%
Q3 24
29.5%
Q2 24
32.8%
Q1 24
29.8%
Operating Margin
OPBK
OPBK
SWAG
SWAG
Q4 25
39.2%
-0.1%
Q3 25
39.5%
-6.9%
Q2 25
35.7%
1.2%
Q1 25
34.6%
-1.9%
Q4 24
31.2%
-3.5%
Q3 24
36.5%
-10.8%
Q2 24
37.2%
-6.6%
Q1 24
37.1%
-3.5%
Net Margin
OPBK
OPBK
SWAG
SWAG
Q4 25
0.8%
Q3 25
27.4%
-4.8%
Q2 25
26.7%
2.0%
Q1 25
25.0%
-1.4%
Q4 24
-2.2%
Q3 24
26.2%
-10.1%
Q2 24
26.7%
-6.1%
Q1 24
26.7%
-2.6%
EPS (diluted)
OPBK
OPBK
SWAG
SWAG
Q4 25
$0.48
$0.02
Q3 25
$0.45
$-0.07
Q2 25
$0.42
$0.03
Q1 25
$0.37
$-0.02
Q4 24
$0.33
$-0.02
Q3 24
$0.36
$-0.11
Q2 24
$0.36
$-0.06
Q1 24
$0.34
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OPBK
OPBK
SWAG
SWAG
Cash + ST InvestmentsLiquidity on hand
$167.3M
$11.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$227.9M
$30.5M
Total Assets
$2.7B
$49.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPBK
OPBK
SWAG
SWAG
Q4 25
$167.3M
$11.6M
Q3 25
$166.7M
$11.8M
Q2 25
$205.4M
$18.1M
Q1 25
$198.9M
$12.2M
Q4 24
$134.9M
$18.2M
Q3 24
$166.8M
$6.9M
Q2 24
$127.7M
$9.6M
Q1 24
$139.2M
$10.7M
Stockholders' Equity
OPBK
OPBK
SWAG
SWAG
Q4 25
$227.9M
$30.5M
Q3 25
$221.5M
$30.2M
Q2 25
$213.7M
$31.8M
Q1 25
$210.1M
$31.3M
Q4 24
$205.0M
$31.6M
Q3 24
$203.6M
$32.3M
Q2 24
$195.9M
$34.3M
Q1 24
$194.7M
$35.2M
Total Assets
OPBK
OPBK
SWAG
SWAG
Q4 25
$2.7B
$49.3M
Q3 25
$2.6B
$50.3M
Q2 25
$2.6B
$61.2M
Q1 25
$2.5B
$52.2M
Q4 24
$2.4B
$55.1M
Q3 24
$2.4B
$48.8M
Q2 24
$2.3B
$46.6M
Q1 24
$2.2B
$47.9M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OPBK
OPBK
SWAG
SWAG
Operating Cash FlowLast quarter
$26.2M
$161.0K
Free Cash FlowOCF − Capex
$23.4M
$38.0K
FCF MarginFCF / Revenue
96.2%
0.1%
Capex IntensityCapex / Revenue
11.5%
0.4%
Cash ConversionOCF / Net Profit
0.66×
TTM Free Cash FlowTrailing 4 quarters
$43.3M
$-5.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPBK
OPBK
SWAG
SWAG
Q4 25
$26.2M
$161.0K
Q3 25
$23.9M
$-5.4M
Q2 25
$-7.0M
$6.4M
Q1 25
$5.6M
$-5.9M
Q4 24
$31.2M
$1.3M
Q3 24
$13.3M
$-2.7M
Q2 24
$15.8M
$2.1M
Q1 24
$-3.2M
$2.1M
Free Cash Flow
OPBK
OPBK
SWAG
SWAG
Q4 25
$23.4M
$38.0K
Q3 25
$23.4M
$-5.9M
Q2 25
$-7.7M
$6.3M
Q1 25
$4.2M
$-6.0M
Q4 24
$29.7M
$1.2M
Q3 24
$12.8M
$-2.9M
Q2 24
$15.7M
$1.9M
Q1 24
$-3.2M
$1.9M
FCF Margin
OPBK
OPBK
SWAG
SWAG
Q4 25
96.2%
0.1%
Q3 25
95.6%
-22.6%
Q2 25
-32.5%
19.5%
Q1 25
19.0%
-21.0%
Q4 24
139.0%
4.6%
Q3 24
61.5%
-14.3%
Q2 24
77.0%
11.6%
Q1 24
-16.6%
9.9%
Capex Intensity
OPBK
OPBK
SWAG
SWAG
Q4 25
11.5%
0.4%
Q3 25
2.3%
1.9%
Q2 25
3.0%
0.2%
Q1 25
6.4%
0.4%
Q4 24
7.3%
0.3%
Q3 24
2.8%
0.7%
Q2 24
0.4%
1.1%
Q1 24
0.5%
1.0%
Cash Conversion
OPBK
OPBK
SWAG
SWAG
Q4 25
0.66×
Q3 25
3.57×
Q2 25
-1.10×
9.99×
Q1 25
1.02×
Q4 24
Q3 24
2.45×
Q2 24
2.90×
Q1 24
-0.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OPBK
OPBK

Segment breakdown not available.

SWAG
SWAG

Promotional Products Dropshipping$11.2M39%
Casino Continuity Program$6.9M24%
Promotional Products Company Owned Inventory$4.6M16%
Promotional Products Bulk Dropshipping$3.8M13%
Promotional Products Thirdparty Distributor$1.8M6%
Other$610.0K2%

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