Opus Bank (NYSE:OPB) announced a quarterly dividend on Monday, January 25th, AnalystRatings.Net reports. Shareholders of record on Thursday, February 4th will be paid a dividend of 0.15 per share on Thursday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Tuesday, February 2nd.

OPB has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded Opus Bank from a “buy” rating to a “hold” rating in a report on Sunday. Keefe, Bruyette & Woods boosted their target price on Opus Bank from $45.00 to $48.00 and gave the company an “outperform” rating in a report on Friday, November 20th. Finally, Piper Jaffray reissued an “overweight” rating and issued a $45.00 target price (up from $43.00) on shares of Opus Bank in a report on Monday, November 9th.

Shares of Opus Bank (NYSE:OPB) opened at 31.80 on Thursday. The stock has a 50 day moving average price of $35.09 and a 200 day moving average price of $37.10. The stock has a market capitalization of $967.64 million and a P/E ratio of 17.77. Opus Bank has a 12-month low of $25.33 and a 12-month high of $41.49.

Opus Bank (NYSE:OPB) last released its quarterly earnings results on Monday, January 25th. The company reported $0.50 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.57 by $0.07. On average, equities analysts anticipate that Opus Bank will post $2.94 earnings per share for the current fiscal year.

Opus Bank is a California-chartered commercial bank. The Company provides relationship-based banking products, services and solutions to small and mid-sized companies, entrepreneurs, real estate investors, professionals and individuals. It is organized into four lines of business: commercial banking operations, which is referred to as Commercial Bank; retail banking operations, which is referred to as Retail Bank; merchant banking operations, which is referred to as Merchant Bank and correspondent banking operations, which is referred to as Correspondent Bank. Through these four lines of businesses, it offers a range of conventional and specialized financial products and services to its clients through divisions, such as commercial real estate banking; commercial banking; healthcare banking; technology banking; institutional syndications; fiduciary banking; business banking; corporate finance; private equity group; corporate advisory and correspondent banking.

12 Month Chart for NYSE:OPB

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