Opus Bank (OPB) Tops Q3 EPS by 23c
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Opus Bank Announces Third Quarter 2019 Financial Results
October 28, 2019 7:00 AM EDTReduced nonperforming assets by $13.7Â million, or 65%, from the prior quarter to 0.10% of total assets Enterprise Value loans decreased 44% from the prior quarter to $35.9 million Credit improvement resulted in a negative provision for loan losses of $7.7 million Noninterest expense decreased 13% from the prior quarter following expense reduction initiative undertaken in the second quarter of 2019
IRVINE, Calif.--(BUSINESS WIRE)-- Opus Bank ("Opus") (Nasdaq: OPB) announced today net income of $22.0 million, or $0.57 per diluted share, for the third quarter of 2019, compared to net income of $8.7 million, or... More
