News

Search News Releases
    • January 28, 2019

    Opus Bank Announces Fourth Quarter 2018 Results Opus Bank Announces Fourth Quarter 2018 Results

    Category:
    Financial Reports
    Irvine, Calif. – January 28, 2019 – Opus Bank ("Opus") (NASDAQ: OPB) announced today a net loss of $6.9 million, or $(0.20) per diluted share, for the fourth quarter of 2018 and net income of $30.9 million, or $0.81 per diluted share, for the year ended December 31, 2018, compared to net income of $9.4 million, or $0.25 per diluted share, for the third quarter of 2018 and net income of $47.6 million, or $1.26 per diluted share, for the year ended December 31, 2017. Irvine, Calif. – January 28, 2019 – Opus Bank ("Opus") (NASDAQ: OPB) announced today a net loss of $6.9 million, or $(0.20) per diluted share, for the fourth quarter of 2018 and net income of $30.9 million, or $0.81 per diluted share, for the year ended December 31, 2018, compared to net income of $9.4 million, or $0.25 per diluted share, for the third quarter of 2018 and net income of $47.6 million, or $1.26 per diluted share, for the year ended December 31, 2017.
    Read More
    • December 27, 2018
    • IRVINE, Calif.

    Opus Bank Announces Fourth Quarter and Year End 2018 Earnings Release and Conference Call Date Opus Bank Announces Fourth Quarter 2018 Earnings Conference Call Date

    Dec. 27, 2018 – Opus Bank (NASDAQ: OPB) announced that it will report its financial results for the fourth quarter and year ending December 31, 2018 before the market opens on Monday, January 28, 2019 and that it will host a discussion of its financial results and performance at 8:00 a.m. PT the same day. Dec. 27, 2018 – Opus Bank announced that it will report its financial results for the fourth quarter and year ending Dec. 31, 2018 before the market opens on Mon., Jan. 28, 2019 and that it will host a discussion of its financial results at 8:00 a.m. PT the same day.
    Read More
    • November 30, 2018
    • IRVINE, Calif.

    Opus Bank Names Brian Fitzmaurice and Ed Padilla Vice Chairmen Opus Bank Names Brian Fitzmaurice and Ed Padilla Vice Chairmen

    On November 30, 2018, Opus Bank (“Opus” or the “Bank”) (NASDAQ: OPB) announced that Brian Fitzmaurice and Ed Padilla have been named Vice Chairmen of Opus Bank. On November 30, 2018, Opus Bank announced that Brian Fitzmaurice and Ed Padilla have been named Vice Chairmen of Opus Bank.
    Read More
    • November 27, 2018
    • IRVINE, Calif.

    Opus Bank Appoints Paul G. Greig as Interim President and Chief Executive Officer Opus Bank Appoints Paul G. Greig as Interim President and Chief Executive Officer

    Category:
    Corporate
    Opus Bank (NASDAQ: OPB) announced that Paul G. Greig, who has served as Chairman of the Opus Bank Board of Directors since January 2018, has been appointed Interim President and Chief Executive Officer, effective November 26, 2018. Mr. Greig succeeds Stephen H. Gordon, who resigned as President and Chief Executive Officer of Opus Bank and as a member of Opus Bank’s Board of Directors, effective the same date. Mr. Greig will continue as Chairman of the Board. Opus Bank (NASDAQ: OPB) announced that Paul G. Greig, who has served as Chairman of the Opus Bank Board of Directors since January 2018, has been appointed Interim President and Chief Executive Officer, effective November 26, 2018. Mr. Greig succeeds Stephen H. Gordon, who resigned as President and Chief Executive Officer of Opus Bank and as a member of Opus Bank’s Board of Directors, effective the same date. Mr. Greig will continue as Chairman of the Board.
    Read More
    • November 15, 2018
    • IRVINE, Calif.

    Opus Community Foundation Announces 20 Grant Awards to Organizations in Arizona, California, and Washington Opus Community Foundation Announces 20 Grant Awards to Organizations in Arizona, California, and Washington

    Category:
    Community Foundation
    Opus Bank and the Opus Community Foundation announced the Foundation’s approval of 20 grant awards to charitable organizations that Opus and the Foundation believe will strengthen and engage the communities that Opus serves. Opus Bank and the Opus Community Foundation announced the Foundation’s approval of 20 grant awards to charitable organizations that Opus and the Foundation believe will strengthen and engage the communities that Opus serves.
    Read More
    • November 8, 2018
    • IRVINE, Calif.

    Opus Bank to Participate at Keefe, Bruyette & Woods' West Coast Field Trip on November 14, 2018 Opus Bank to Participate at KBW's West Coast Field Trip on November 14, 2018

    Category:
    Corporate
    IRVINE, Calif. – November 8, 2018 – Opus Bank announced today that Stephen H. Gordon, Chief Executive Officer and President, and Brian Fitzmaurice, Senior Executive Vice President, Senior Chief Credit Officer, will meet with analysts and investors on Wednesday, November 14, 2018 at the Keefe, Bruyette & Woods’ West Coast Field Trip to be held at the Langham Hotel in Pasadena, California. Opus Bank announced today that Stephen H. Gordon, Chief Executive Officer and President, and Brian Fitzmaurice, Senior Executive Vice President, Senior Chief Credit Officer, will meet with analysts and investors on Wednesday, Nov.14, 2018 at the Keefe, Bruyette & Woods’ West Coast Field Trip to be held at the Langham Hotel in Pasadena, California.
    Read More
    • October 22, 2018
    • IRVINE, Calif.

    Opus Bank Announces Third Quarter 2018 Results Opus Bank Announces Third Quarter 2018 Results

    Category:
    Financial Reports
    Opus Bank announced today net income of $9.4 million, or $0.25 per diluted share, for the third quarter of 2018 compared to net income of $15.5 million, or $0.40 per diluted share, for the second quarter of 2018 and net income of $20.5 million, or $0.54 per diluted share, for the third quarter of 2017. Opus Bank announced today net income of $9.4 million, or $0.25 per diluted share, for the third quarter of 2018 compared to net income of $15.5 million, or $0.40 per diluted share, for the second quarter of 2018 and net income of $20.5 million, or $0.54 per diluted share, for the third quarter of 2017.
    Read More
    • October 18, 2018
    • IRVINE, Calif.

    Opus Bank Further Expands Its Southern California Commercial Banking Team Opus Bank Further Expands Its Southern California Commercial Banking Team

    Category:
    Opus Divisions
    Opus Bank announced that Robin Israel has joined Opus as Managing Director, Senior Client Manager – Commercial Banking. Mr. Israel, a 29-year banking veteran, is responsible for expanding Opus’ commercial and corporate client base in the West Valley area of Los Angeles and the coastal markets of Ventura and Santa Barbara counties. Opus Bank announced that Robin Israel, a 29-year banking veteran, has joined Opus as Managing Director, Senior Client Manager and is responsible for expanding Opus’ client base in the West Valley area of Los Angeles and the coastal markets of Ventura and Santa Barbara counties.
    Read More
    • September 26, 2018
    • IRVINE, Calif.

    Opus Bank Announces Third Quarter 2018 Earnings Release and Conference Call Date Opus Bank Announces Third Quarter 2018 Earnings Release and Conference Call Date

    Category:
    Corporate
    Opus Bank (NASDAQ: OPB) announced that it will report its financial results for the third quarter ending September 30, 2018 before the market opens on Monday, October 22, 2018 and that it will host a discussion of its financial results and performance at 8:00 a.m. PT the same day. Opus Bank (NASDAQ: OPB) announced that it will report its third quarter financial results before the market opens on Oct. 22, 2018 and that it will host a discussion of its performance at 8:00 a.m. PT the same day.
    Read More