Opus Bank (OPB) Posts Q4 Loss of $0.55/Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Opus Bank Reports Fourth Quarter and Year End 2016 Results
January 30, 2017 7:00 AM EST-- Announces Private Placement of $50 Million of Common Stock --
IRVINE, Calif.--(BUSINESS WIRE)-- Opus Bank (Opus or the Bank) (NASDAQ: OPB) announced today a net loss of $19.0 million, or $(0.55) per diluted share, for the fourth quarter of 2016 and net income of $11.5 million, or $0.33 per diluted share, for the year ended December 31, 2016 as compared to a net loss of $3.0 million, or $(0.09) per diluted share, for the third quarter of 2016 and net income of $59.9 million, or $1.79 per diluted share, for the year ended December 31, 2015.
On January 29, 2017, Opus entered into purchase... More
