Opus Bank (NASDAQ:OPB) will be releasing its earnings data before the market opens on Monday, January 22nd. Analysts expect Opus Bank to post earnings of $0.37 per share for the quarter.

Opus Bank (NASDAQ:OPB) last announced its quarterly earnings data on Monday, October 23rd. The financial services provider reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.20. Opus Bank had a net margin of 8.30% and a return on equity of 3.11%. The company had revenue of $68.20 million during the quarter, compared to analyst estimates of $70.45 million. During the same period in the previous year, the business earned ($0.09) EPS. The firm’s revenue for the quarter was down 3.7% on a year-over-year basis. On average, analysts expect Opus Bank to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Opus Bank (OPB) opened at $29.20 on Monday. Opus Bank has a 1-year low of $18.45 and a 1-year high of $29.35. The firm has a market cap of $1,000.86, a P/E ratio of 42.94 and a beta of 1.15. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.90 and a quick ratio of 0.90.

A number of brokerages recently weighed in on OPB. TheStreet upgraded shares of Opus Bank from a “c+” rating to a “b-” rating in a report on Wednesday, October 25th. ValuEngine upgraded shares of Opus Bank from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. BidaskClub lowered shares of Opus Bank from a “hold” rating to a “sell” rating in a research note on Friday, December 29th. Piper Jaffray Companies reiterated a “buy” rating and set a $27.00 target price on shares of Opus Bank in a research note on Friday, October 6th. Finally, Zacks Investment Research upgraded shares of Opus Bank from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a research note on Wednesday, January 10th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. Opus Bank currently has an average rating of “Hold” and a consensus target price of $29.60.

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Opus Bank Company Profile

Opus Bank is a commercial bank. The Company provides banking products, services and solutions to its clients through its Retail Bank, Commercial Bank, Merchant Bank, and Correspondent Bank. The Company’s Commercial Bank consists Commercial Banking, Business Banking, Healthcare Banking, Technology Banking, Fiduciary Banking, Institutional Syndications and Commercial Real Estate Banking (CREB), which includes Income Property Banking, its Structured Finance Group and Capital Markets Group.

Earnings History for Opus Bank (NASDAQ:OPB)

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