NasdaqGS:OPB

Stock Analysis Report

Executive Summary

Opus Bank provides various banking products, services, and solutions for small and mid-sized companies, entrepreneurs, real estate investors, professionals, and high net worth individuals.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has Opus Bank's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.4%

NasdaqGS:OPB

1.4%

US Banks

0.8%

US Market


1 Year Return

-23.1%

NasdaqGS:OPB

-4.5%

US Banks

1.9%

US Market

OPB underperformed the Banks industry which returned -3.7% over the past year.

OPB underperformed the Market in United States of America which returned 2.1% over the past year.


Share holder returns

OPBIndustryMarket
7 Day0.4%1.4%0.8%
30 Day7.2%8.9%3.4%
90 Day5.0%5.2%2.1%
1 Year-21.5%-23.1%-1.7%-4.5%4.2%1.9%
3 Year-34.5%-36.6%54.7%44.0%46.7%37.2%
5 Year-24.1%-28.4%63.7%45.8%62.3%44.5%

Price Volatility Vs. Market

How volatile is Opus Bank's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Opus Bank undervalued based on future cash flows and its price relative to the stock market?

37.9x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Opus Bank's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Opus Bank's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Opus Bank is overvalued based on earnings compared to the US Banks industry average.

Opus Bank is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Opus Bank is poor value based on expected growth next year.


Price Based on Value of Assets

Opus Bank is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Opus Bank expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

31.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Opus Bank's revenue is expected to grow by 7.4% yearly, however this is not considered high growth (20% yearly).

Opus Bank's earnings are expected to grow significantly at over 20% yearly.

Opus Bank's revenue growth is positive but not above the United States of America market average.

Opus Bank's earnings growth is expected to exceed the United States of America market average.

Opus Bank's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Opus Bank is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Opus Bank performed over the past 5 years?

-16.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Opus Bank's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Opus Bank's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Opus Bank's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

Opus Bank has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Opus Bank used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Opus Bank improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Opus Bank's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Opus Bank has an acceptable proportion of non-loan assets held.

Opus Bank has a sufficient allowance for bad loans.

Opus Bank's liabilities are made up of primarily low risk sources of funding.

Opus Bank's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Opus Bank are broadly funded by customer deposits.

Opus Bank has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Opus Bank's current dividend yield, its reliability and sustainability?

2.08%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Opus Bank's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.43%).

Opus Bank's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

Opus Bank has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).

Dividend payments have increased, but Opus Bank only paid a dividend in the past 5 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.3x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).


Next Steps

Management

What is the CEO of Opus Bank's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Paul Taylor (58yo)

0.3yrs

Tenure

0

Mr. Paul W. Taylor serves as Chief Executive Officer, President and Director of Opus Bank since May 01, 2019. He was a Director of Pacific Mercantile Bancorp and Pacific Mercantile Bank since March 04, 201 ...


Management Age and Tenure

1.8yrs

Average Tenure

50yo

Average Age

The average tenure for the Opus Bank management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.6yrs

Average Tenure

61.5yo

Average Age

The average tenure for the Opus Bank board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$1,32910 Sep 19
Elliott Management Corporation
EntityCompany
Shares64
Max PriceUS$20.76
SellUS$74710 Sep 19
Elliott Management Corporation
EntityCompany
Shares36
Max PriceUS$20.76
SellUS$176,51905 Sep 19
Elliott Management Corporation
EntityCompany
Shares8,604
Max PriceUS$21.04
SellUS$313,81205 Sep 19
Elliott Management Corporation
EntityCompany
Shares15,296
Max PriceUS$21.04
SellUS$768,17303 Sep 19
Elliott Management Corporation
EntityCompany
Shares37,848
Max PriceUS$20.74
SellUS$1,365,65503 Sep 19
Elliott Management Corporation
EntityCompany
Shares67,286
Max PriceUS$20.74
SellUS$4,019,77026 Aug 19
Elliott Management Corporation
EntityCompany
Shares194,506
Max PriceUS$20.81
SellUS$2,261,10726 Aug 19
Elliott Management Corporation
EntityCompany
Shares109,409
Max PriceUS$20.81
SellUS$580,90221 Aug 19
Elliott Management Corporation
EntityCompany
Shares28,078
Max PriceUS$20.75
SellUS$1,032,72621 Aug 19
Elliott Management Corporation
EntityCompany
Shares49,917
Max PriceUS$20.75
SellUS$633,05516 Aug 19
Elliott Management Corporation
EntityCompany
Shares30,821
Max PriceUS$20.55
SellUS$1,125,37116 Aug 19
Elliott Management Corporation
EntityCompany
Shares54,790
Max PriceUS$20.55
SellUS$240,31214 Aug 19
Elliott Management Corporation
EntityCompany
Shares11,559
Max PriceUS$20.79
SellUS$765,39013 Aug 19
Elliott Management Corporation
EntityCompany
Shares36,947
Max PriceUS$21.55
SellUS$431,32813 Aug 19
Elliott Management Corporation
EntityCompany
Shares20,821
Max PriceUS$21.55
SellUS$210,28302 Aug 19
Elliott Management Corporation
EntityCompany
Shares9,509
Max PriceUS$22.53
SellUS$603,35202 Aug 19
Elliott Management Corporation
EntityCompany
Shares27,092
Max PriceUS$22.53
SellUS$42,22430 Apr 19
Joseph Simpson
EntityIndividual
Shares1,936
Max PriceUS$21.81
SellUS$9,07329 Apr 19
Paul Greig
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares416
Max PriceUS$21.81
SellUS$15,46109 Apr 19
Balaji Krishna
EntityIndividual
Role
Head of Sales
Executive VP
Shares679
Max PriceUS$22.77
SellUS$92,93122 Feb 19
Jennifer Simmons
EntityIndividual
Role
Chief Operating Officer
Executive VP & COO
Shares4,142
Max PriceUS$28.35
SellUS$36,65819 Feb 19
Jennifer Simmons
EntityIndividual
Role
Chief Operating Officer
Executive VP & COO
Shares1,664
Max PriceUS$22.03
SellUS$5,16229 Jan 19
Paul Greig
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares247
Max PriceUS$20.90
SellUS$26,11722 Jan 19
Paul Greig
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares1,208
Max PriceUS$21.62
SellUS$9,37106 Nov 18
Jennifer Simmons
EntityIndividual
Role
Chief Operating Officer
Executive VP & COO
Shares474
Max PriceUS$19.77

Ownership Breakdown


Management Team

  • Curtis Glovier (55yo)

    Senior Executive VP

    • Tenure: 3.1yrs
    • Compensation: US$1.47m
  • Brett Villaume

    Senior VP & Director of Investor Relations

    • Tenure: 0yrs
  • Paul Taylor (58yo)

    President

    • Tenure: 0.3yrs
  • Angelee Harris (49yo)

    Executive VP & General Counsel

    • Tenure: 0.3yrs
  • Brian Fitzmaurice (58yo)

    Vice Chairman & Senior Chief Credit Officer

    • Tenure: 0yrs
    • Compensation: US$2.13m
  • Balaji Krishna (43yo)

    Executive VP

    • Tenure: 2.8yrs
  • Ed Padilla (50yo)

    Vice Chairman

    • Tenure: 0yrs
    • Compensation: US$1.76m
  • Jenny Simmons (45yo)

    Executive VP & COO

    • Tenure: 3.9yrs
  • Kevin Thompson (46yo)

    Executive VP & CFO

    • Tenure: 1.8yrs
    • Compensation: US$662.10k
  • Greg von der Linden (51yo)

    Executive VP & Chief Human Resources Officer

    • Tenure: 0.7yrs

Board Members

  • David King (60yo)

    Director

    • Tenure: 2.9yrs
  • Marsha Cameron (64yo)

    Director

    • Tenure: 1.4yrs
    • Compensation: US$188.42k
  • Mike Meyer (80yo)

    Director

    • Tenure: 9yrs
    • Compensation: US$250.24k
  • Melanie Cibik (59yo)

    Director

    • Tenure: 0.08yrs
  • Paul Greig (63yo)

    Chairman of the Board

    • Tenure: 1.7yrs
    • Compensation: US$1.63m
  • Paul Taylor (58yo)

    President

    • Tenure: 0.3yrs
  • Mal Durkee

    Director

    • Tenure: 0.3yrs
  • Rich Thomas (70yo)

    Director

    • Tenure: 2.1yrs
    • Compensation: US$255.03k
  • Mark Deason (41yo)

    Director

    • Tenure: 1.6yrs

Company Information

Opus Bank's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Opus Bank
  • Ticker: OPB
  • Exchange: NasdaqGS
  • Founded: 1982
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$805.507m
  • Shares outstanding: 36.25m
  • Website: https://www.opusbank.com

Number of Employees


Location

  • Opus Bank
  • 19900 MacArthur Boulevard
  • 12th Floor
  • Irvine
  • California
  • 92612
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
OPBNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDApr 2014

Biography

Opus Bank provides various banking products, services, and solutions for small and mid-sized companies, entrepreneurs, real estate investors, professionals, and high net worth individuals. The company acce ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/18 00:16
End of Day Share Price2019/09/17 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.