$0.31 EPS Expected for Opus Bank (OPB)

December 26, 2017 – By Dolores Ford

Analysts expect Opus Bank (NASDAQ:OPB) to report $0.31 EPS on January, 29.They anticipate $0.86 EPS change or 156.36 % from last quarter’s $-0.55 EPS. OPB’s profit would be $11.14M giving it 22.74 P/E if the $0.31 EPS is correct. After having $0.55 EPS previously, Opus Bank’s analysts see -43.64 % EPS growth. The stock decreased 0.70% or $0.2 during the last trading session, reaching $28.2. About 134,385 shares traded. Opus Bank (NASDAQ:OPB) has declined 39.11% since December 26, 2016 and is downtrending. It has underperformed by 55.81% the S&P500.

Opus Bank (NASDAQ:OPB) Ratings Coverage

Among 8 analysts covering Opus Bank (NASDAQ:OPB), 3 have Buy rating, 0 Sell and 5 Hold. Therefore 38% are positive. Opus Bank had 16 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Opus Bank (NASDAQ:OPB) has “Hold” rating given on Sunday, August 27 by Keefe Bruyette & Woods. On Tuesday, October 25 the stock rating was downgraded by Keefe Bruyette & Woods to “Mkt Perform”. Hovde Group maintained Opus Bank (NASDAQ:OPB) on Monday, December 19 with “Outperform” rating. The rating was downgraded by JP Morgan to “Neutral” on Monday, January 30. The firm earned “Outperform” rating on Friday, June 3 by Hovde Group. The company was maintained on Friday, May 26 by Keefe Bruyette & Woods. The firm has “Market Perform” rating given on Monday, January 30 by Hovde Group. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. Piper Jaffray maintained it with “Buy” rating and $27.0 target in Thursday, October 5 report. The firm earned “Hold” rating on Thursday, October 20 by Sandler O’Neill.

Opus Bank provides various banking products, services, and solutions for small to mid-sized companies, entrepreneurs, real estate investors, professionals, and high net worth individuals. The company has market cap of $1.01 billion. It offers demand deposits, checking accounts, money market accounts, savings accounts, and certificates of deposit. It has a 38.06 P/E ratio. The firm also provides multifamily residential loans, commercial real estate loans, commercial business loans, small business administration loans, construction loans, and single-family residential and consumer loans; and loans and lines for working capital, expansion, acquisitions, consolidation, and transition.