Opus Bank (OPB) Misses Q4 EPS by 49c
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Opus Bank Reports Fourth Quarter and Year End 2018 Results
January 28, 2019 6:59 AM ESTIRVINE, Calif.--(BUSINESS WIRE)-- Opus Bank ("Opus") (NASDAQ: OPB) announced today a net loss of $6.9 million, or $(0.20) per diluted share, for the fourth quarter of 2018 and net income of $30.9 million, or $0.81 per diluted share, for the year ended December31, 2018, compared to net income of $9.4 million, or $0.25 per diluted share, for the third quarter of 2018 and net income of $47.6 million, or $1.26 per diluted share, for the year ended December31, 2017.
Net loss for the fourth quarter of 2018 included a pre-tax restructuring charge of $20.4 million related to the previously announced CEO transition, corporate strategy... More
