Opus Bank (OPB) Tops Q4 EPS by 14c
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Opus Bank Announces Fourth Quarter and Full Year 2019 Financial Results
January 27, 2020 7:00 AM ESTNew loan fundings from our Commercial Banking division were $130 million for the fourth quarter of 2019, an increase from $99 million in the prior quarter Average deposits increased $165 million, or 3%, from the prior quarter Efficiency ratio was 61.3% for the fourth quarter of 2019 Nonperforming assets to total assets was 0.07% as of December 31, 2019 Credit improvement resulted in a negative provision for loan losses of $2.7 million for the fourth quarter
IRVINE, Calif.--(BUSINESS WIRE)-- Opus Bank ("Opus") (Nasdaq: OPB) announced today... More
