Opus Bank (OPB) Tops Q2 EPS by 1c
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Opus Bank Announces Second Quarter 2018 Results
July 23, 2018 7:00 AM EDTIRVINE, Calif.--(BUSINESS WIRE)-- Opus Bank ("Opus") (NASDAQ: OPB) announced today net income of $15.5 million, or $0.40 per diluted share, for the second quarter of 2018 compared to net income of $12.9 million, or $0.34 per diluted share, for the first quarter of 2018 and net income of $18.2 million, or $0.48 per diluted share, for the second quarter of 2017. Net income for the six months ended June 30, 2018 was $28.4 million, or $0.74 per diluted share, compared to $25.9 million, or $0.69 per diluted share, for the first six months of 2017. Net income during the second quarter of 2018 included strategic initiative-related expenses of $180,000 and a reduction to our income... More
