Inactive Instrument

Opus Bank

Equities

US6840001027

Opus Bank Reports Earnings Results for the Fourth Quarter Ended December 31, 2019

January 27, 2020 at 07:00 am EST

Opus Bank announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 49.600 million compared to USD 50.429 million a year ago. Net income was USD 20.289 million compared to net loss of USD 6.861 million a year ago. Basic earnings per share was USD 0.54 compared to basic loss per share of USD 0.2 a year ago. Diluted earnings per share was USD 0.53 compared to diluted loss per share of USD 0.2 a year ago. For the full year, net interest income was USD 200.482 million compared to USD 200.529 million a year ago. Net income was USD 61.834 million compared to USD 30.918 million a year ago. Basic earnings per share was USD 1.64 compared to USD 0.82 a year ago. Diluted earnings per share was USD 1.62 compared to USD 0.81 a year ago.

Latest news about Opus Bank

Opus Bank(NasdaqGS:OPB) dropped from S&P 600 Financials	20-06-01	CI
Opus Bank(NasdaqGS:OPB) dropped from S&P 600	20-06-01	CI
Opus Bank(NasdaqGS:OPB) dropped from S&P Composite 1500	20-06-01	CI
Opus Bank(NasdaqGS:OPB) dropped from S&P Regional Banks Select Industry Index	20-06-01	CI
Opus Bank(NasdaqGS:OPB) dropped from S&P 1000	20-06-01	CI
Opus Bank(NasdaqGS:OPB) dropped from S&P TMI Index	20-06-01	CI
Opus Bank(NasdaqGS:OPB) dropped from S&P Global BMI Index	20-06-01	CI
Pacific Premier Bank completed the acquisition of Opus Bank from a group of sellers.	20-05-31	CI
Opus Bank Approves Quarterly Cash Dividend on Common Share and Series A Preferred Share, Payable on May 22, 2020	20-04-28	CI
Opus Bank Reports Impairment Charges for the First Quarter Ended March 31, 2020	20-04-28	CI
Opus Bank Reports Earnings Results for the First Quarter Ended March 31, 2020	20-04-28	CI
Transcript : Opus Bank, Q4 2019 Earnings Call, Jan 27, 2020	20-01-27
Opus Bank Reports Earnings Results for the Fourth Quarter Ended December 31, 2019	20-01-27	CI
Opus Bank Announces Unaudited Consolidated Impairment Charges for the Fourth Quarter Ended December 31, 2019	20-01-27	CI
Pacific Premier Bank entered into letter of intent to acquire Opus Bank from a group of sellers for $1.1 billion.	20-01-26	CI
Opus Bank Announces Appointment of Mary E. Thigpen to Its Board of Directors	19-12-27	CI
Opus Bank Announces Appointment of William D. Fanter as Head of Retail Banking	19-11-04	CI
Transcript : Opus Bank, Q3 2019 Earnings Call, Oct 28, 2019	19-10-28
Opus Bank Reports Earnings Results for the Third Quarter Ended September 30, 2019	19-10-28	CI
Opus Bank Announces Board Changes	19-08-06	CI
Transcript : Opus Bank, Q2 2019 Earnings Call, Jul 29, 2019	19-07-29
Opus Bank Approves Quarterly Cash Dividend, Payable on August 22, 2019	19-07-29	CI
Opus Bank Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-07-29	CI
Opus Bank Appoints Angelee Harris as EVP, General Counsel	19-06-24	CI
Opus Bank Appoints Director Nominee by Elliott Management	19-05-17	CI

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Company Profile

Opus Bank is a commercial bank. The Company provides banking products, services and solutions to its clients through its Retail Bank, Commercial Bank, Merchant Bank, and Correspondent Bank. The Company's Commercial Bank consists Commercial Banking, Business Banking, Healthcare Banking, Technology Banking, Fiduciary Banking, Institutional Syndications and Commercial Real Estate Banking (CREB), which includes Income Property Banking, its Structured Finance Group and Capital Markets Group. Through its Merchant Bank, the Company offers transaction support, and debt and equity capital to entrepreneurs, small and mid-sized business and middle-market companies. Through its Retail Bank, the Company provides banking solutions for small and mid-sized companies, entrepreneurs, real estate investors, professional and high net worth individuals. Through its Correspondent Bank, the Company offers loan and depository services to other financial institutions.

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