Opus Bank (OPB) Posts Q4 Loss of $0.55/Share
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Opus Bank Reports Fourth Quarter and Year End 2016 Results
January 30, 2017 7:00 AM EST-- Announces Private Placement of $50 Million of Common Stock --
IRVINE, Calif.--(BUSINESS WIRE)-- Opus Bank (Opus or the Bank) (NASDAQ: OPB) announced today a net loss of $19.0 million, or $(0.55) per diluted share, for the fourth quarter of 2016 and net income of $11.5 million, or $0.33 per diluted share, for the year ended December 31, 2016 as compared to a net loss of $3.0 million, or $(0.09) per diluted share, for the third quarter of 2016 and net income of $59.9 million, or $1.79 per diluted share, for the year ended December 31, 2015.
On January 29, 2017, Opus entered into purchase... More
