Opus Bank Announces Third Quarter 2017 Results

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Opus Bank (OPB) Tops Q3 EPS by 19c

October 23, 2017 7:01 AM EDT

Opus Bank (NASDAQ: OPB) reported Q3 EPS of $0.54, $0.19 better than the analyst estimate of $0.35.

Stephen H. Gordon, Chairman, Chief Executive Officer and President of Opus Bank, stated, Our performance during the third quarter of 2017 represents the exceptional effort and determination of Opus team members. Return on average assets increased to 1.09% and return on average tangible equity was 12.79%, driven by improved core profitability, improved credit, lower expenses, and continued... More