Opus Bank (OPB) to Acquire PENSCO Trust Company in Cash, Stock Deal
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Opus Bank Announces Agreement to Acquire PENSCO Trust Company
January 25, 2016 6:45 AM ESTAcquisition Marks Move into Tech-Enabled Alternative Asset Wealth Services Business
 Low- to Mid-teens Accretive to 2016 Annualized and 2017 Operating EPS
 Increases Noninterest Income by Over 80% Annualized
 Will Add Approximately $1 billion to Total Demand Deposits
 Decreases Cost of Deposits and Increases Net Interest Margin
 Tangible Book Value Dilution Earn-back Under Three Years
IRVINE, Calif.--(BUSINESS WIRE)-- Opus Bank (Opus) (NASDAQ: OPB) announced today that it has entered into a definitive agreement to acquire PENSCO Trust... More
