Opus Bank (NASDAQ:OPB) will be posting its quarterly earnings results before the market opens on Monday, January 22nd. Analysts expect Opus Bank to post earnings of $0.37 per share for the quarter.

Opus Bank (NASDAQ:OPB) last posted its quarterly earnings data on Monday, October 23rd. The financial services provider reported $0.54 EPS for the quarter, topping the consensus estimate of $0.34 by $0.20. The firm had revenue of $68.20 million during the quarter, compared to analyst estimates of $70.45 million. Opus Bank had a return on equity of 3.11% and a net margin of 8.30%. Opus Bank’s revenue was down 3.7% on a year-over-year basis. During the same period in the prior year, the business posted ($0.09) EPS. On average, analysts expect Opus Bank to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Opus Bank (NASDAQ OPB) opened at $28.70 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $1,000.86, a price-to-earnings ratio of 42.21 and a beta of 1.15. Opus Bank has a 12 month low of $18.45 and a 12 month high of $29.90.

Several equities research analysts have recently commented on the company. TheStreet upgraded Opus Bank from a “c+” rating to a “b-” rating in a research note on Wednesday, October 25th. ValuEngine upgraded Opus Bank from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. BidaskClub lowered Opus Bank from a “hold” rating to a “sell” rating in a research note on Friday, December 29th. Piper Jaffray Companies reiterated a “buy” rating and issued a $27.00 price target on shares of Opus Bank in a research note on Friday, October 6th. Finally, Zacks Investment Research upgraded Opus Bank from a “hold” rating to a “buy” rating and set a $31.00 price target for the company in a research note on Wednesday, January 10th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. Opus Bank currently has an average rating of “Hold” and an average price target of $29.60.

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About Opus Bank

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.

Earnings History for Opus Bank (NASDAQ:OPB)

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