Opus Bank (OPB) Scheduled to Post Earnings on Monday

Opus Bank (NASDAQ:OPB) is scheduled to be announcing its earnings results before the market opens on Monday, April 29th. Analysts expect the company to announce earnings of $0.29 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Opus Bank (NASDAQ:OPB) last announced its earnings results on Monday, January 28th. The financial services provider reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.01). Opus Bank had a return on equity of 4.79% and a net margin of 10.74%. The business had revenue of $53.81 million for the quarter, compared to analysts’ expectations of $62.95 million. During the same period in the previous year, the company earned $0.26 earnings per share. On average, analysts expect Opus Bank to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of OPB opened at $21.29 on Monday. Opus Bank has a fifty-two week low of $17.79 and a fifty-two week high of $30.70. The company has a market cap of $729.74 million, a P/E ratio of 16.63 and a beta of 1.25. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 0.13.

Several equities research analysts recently weighed in on OPB shares. Zacks Investment Research raised shares of Opus Bank from a “sell” rating to a “hold” rating in a research note on Wednesday, April 3rd. BidaskClub downgraded shares of Opus Bank from a “hold” rating to a “sell” rating in a research note on Tuesday, March 26th. Finally, ValuEngine downgraded shares of Opus Bank from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. One research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $20.00.

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About Opus Bank

Opus Bank provides various banking products, services, and solutions for small and mid-sized companies, entrepreneurs, real estate investors, professionals, and high net worth individuals. The company accepts demand deposits, checking accounts, money market accounts, savings accounts, and certificates of deposit.

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Earnings History for Opus Bank (NASDAQ:OPB)

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