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

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/13/2026

1. WDAY
2. AAPL
3. JNJ
4. AMAT
5. META
6. NVDA
7. NRIX
8. SPY
9. OIG
10. BAC

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

Opus Bank Announces Third Quarter 2016 Results

October 24, 2016 7:00 AM EDT

IRVINE, Calif.--(BUSINESS WIRE)-- Opus Bank ("Opus") (NASDAQ: OPB) announced today a net loss of $3.0 million, or $(0.09) per diluted share, for the third quarter of 2016 compared to net income of $16.1 million, or $0.46 per diluted share, for the second quarter of 2016 and net income of $14.7 million, or $0.44 per diluted share, for the third quarter of 2015. Net income was $30.4 million, or $0.87 per diluted share, for the nine months ended September 30, 2016 compared to $43.3 million, or $1.30 per diluted share, for the nine months ended September 30, 2015. As previously announced on October 17, 2016, earnings for the third quarter of 2016 were negatively impacted by charge-offs recorded on... More