Opus Bank (OPB) Reports In-Line Q1 EPS
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Opus Bank Announces First Quarter 2015 Results
April 27, 2015 7:00 AM EDTIRVINE, Calif.--(BUSINESS WIRE)-- Opus Bank ("Opus") (NASDAQ: OPB) announced today net income of $11.1 million, or $0.34 per diluted share, for the first quarter of 2015 compared with $12.5 million, or $0.38 per diluted share, for the fourth quarter of 2014 and $13.2 million, or $0.45 per diluted share, for the first quarter of 2014. Total assets increased to a record $5.6 billion at March 31, 2015 due to strong loan and deposit growth. Additionally, Opus announced today that its Board of Directors approved increasing its quarterly cash dividend by 40% to $0.07 per share payable on May 21, 2015 to common and preferred stockholders of record as of May 7, 2015.
First Quarter 2015... More
