Opus Bank (OPB) to Release Quarterly Earnings on Monday
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.
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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.
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