Opus Bank Announces Third Quarter 2016 Results

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Opus Bank (OPB) Posts Q3 Loss of 9c/Share

October 24, 2016 7:02 AM EDT

Opus Bank (Nasdaq: OPB) reported Q3 EPS of $0.00, $0.63 worse than the analyst estimate of $0.63.

As previously announced on October 17, 2016, earnings for the third quarter of 2016 were negatively impacted by charge-offs recorded on eight loan relationships that reduced the third quarter net income by $0.59 per... More