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Opus (NASDAQ: OPB ): Q3 Non-GAAP EPS of $0.58 beats by $0.24 ; GAAP EPS of $0.57 beats by $0.22 . Revenue of $62.63M (+3.8% Y/Y) beats by $2.15M . Press Release More news on: Opus Bank, Earnings news and commentary, Financial stocks news,
Reduced nonperforming assets by $13.7 million, or 65%, from the prior quarter to 0.10% of total assets Enterprise Value loans decreased 44% from the prior quarter to $35.9 million Credit improvement resulted in a negative provision for loan losses of $7.7 million No...
Opus Bank (“Opus”) (NASDAQ: OPB) announced today that Richard J. Immesberger has been appointed President of PENSCO Trust Company, a subsidiary of Opus Bank. Mr. Immesberger succeeds Curtis A. Glovier, who resigned as the leader of PENSCO at the end of August, 2019. Mr. Glovie...
Opus Bank (“Opus”) (NASDAQ: OPB) announced today that it will report its financial results for the third quarter ending September 30, 2019 before the market opens on Monday, October 28, 2019 and that it will host a discussion of its financial results and performance at 8:00 a....
Opus Bank (NASDAQ:OPB) Q2 2019 Earnings Conference Call July 29, 2019 11:00 AM ET Company Participants Brett Villaume - Director of Investor Relations Paul Taylor - President & Chief Executive Officer Kevin Thompson - Executive Vice President and Chief Financial Officer B...
The following slide deck was published by Opus Bank in conjunction with their 2019 Q2 earnings Read more ...
Opus (NASDAQ: OPB ): Q2 Non-GAAP EPS of $0.35 beats by $0.03 ; GAAP EPS of $0.23 misses by $0.09 . Revenue of $62.51M (+0.1% Y/Y) misses by $0.95M . Press Release More news on: Opus Bank, Earnings news and commentary, Financial stocks news,
Loans increased 6.0% and deposits increased 2.4% in the second quarter Continued improvements in credit quality; Nonperforming assets to total assets ratio decreased three basis points to 0.27% Executed a cost reduction initiative during the second quarter to improve efficienc...
Opus Bank (“Opus”) (NASDAQ: OPB) announced today that it will report its financial results for the second quarter ending June 30, 2019 before the market opens on Monday, July 29, 2019 and that it will host a discussion of its financial results and performance at 8:00 a.m. PT...
Introduction to the Positive/Negative Forensic Value Stock Selections This quantitative study continues a series of multi-year test of the top three forensic algorithms used to detect bankruptcy risk, earnings manipulation, and financial irregularities. My forward testing compiles portfolio ...
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Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) (the “Company” or “Pacific Premier”), the holding company of Pacific Premier Bank, announced today that it has completed the acquisition, effective as of June 1, 2020, of Opus Bank, a California-chartered commercial bank...
NEW YORK , May 26, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Monday, June 1 : Coherus BioSciences Inc. (NASD:CHRS) will replace Opus Bank (NASD:OPB) in the...
The sudden and sharp drop in global markets forced a number of banks to take goodwill impairments in the first quarter of 2020, a potential sign of tougher times to come. Goodwill impairments are a slightly complicated accounting charge that shows up on an earnings report. Goodwill is the pre...