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.
Flawless balance sheet with proven track record.
Share Price & News
How has Opus Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OPB's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: OPB exceeded the US Banks industry which returned -27.8% over the past year.
Return vs Market: OPB underperformed the US Market which returned -10.7% over the past year.
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
1 month ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In Opus Bank (NASDAQ:OPB)
2 months ago | Simply Wall StHere's What We Like About Opus Bank (NASDAQ:OPB)'s Upcoming Dividend
2 months ago | Simply Wall StInvestors Who Bought Opus Bank (NASDAQ:OPB) Shares Three Years Ago Are Now Up 22%
Is Opus Bank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: OPB ($17.36) is trading above our estimate of fair value ($8.7)
Significantly Below Fair Value: OPB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OPB is poor value based on its PE Ratio (10.6x) compared to the Banks industry average (8.9x).
PE vs Market: OPB is good value based on its PE Ratio (10.6x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: OPB is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: OPB is good value based on its PB Ratio (0.6x) compared to the US Banks industry average (0.8x).
How is Opus Bank forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OPB's forecast earnings growth (7.4% per year) is above the savings rate (1.7%).
Earnings vs Market: OPB's earnings (7.4% per year) are forecast to grow slower than the US market (12.3% per year).
High Growth Earnings: OPB's earnings are forecast to grow, but not significantly.
Revenue vs Market: OPB's revenue (3.4% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: OPB's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OPB's Return on Equity is forecast to be low in 3 years time (5.6%).
How has Opus Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OPB has high quality earnings.
Growing Profit Margin: OPB's current net profit margins (23.2%) are higher than last year (13.4%).
Past Earnings Growth Analysis
Earnings Trend: OPB's earnings have declined by -4.9% per year over the past 5 years.
Accelerating Growth: OPB's earnings growth over the past year (100.1%) exceeds its 5-year average (-4.9% per year).
Earnings vs Industry: OPB earnings growth over the past year (100.1%) exceeded the Banks industry 10.9%.
Return on Equity
High ROE: OPB's Return on Equity (5.6%) is considered low.
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
Inventory Level: OPB has a low level of unsold assets or inventory.
Debt Coverage by Assets: OPB's debt is covered by short term assets (assets are 1.2x debt).
Financial Institutions Analysis
Asset Level: OPB's level of assets compared to its equity is low.
Allowance for Bad Loans: OPB has a sufficient allowance for bad loans.
Low Risk Liabilities: OPB's liabilities are made up of primarily low risk sources of funding.
Loan Level: OPB has an acceptable proportion of non-loan assets held.
Low Risk Deposits: OPB's loans are broadly funded by customer deposits.
Level of Bad Loans: OPB has an appropriate level of bad loans (0.1%)
What is Opus Bank's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OPB's dividend (2.53%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: OPB's dividend (2.53%) is low compared to the top 25% of dividend payers in the US market (5.37%).
Stability and Growth of Payments
Stable Dividend: OPB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: OPB's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.9%), OPB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OPB's dividends in 3 years are forecast to be well covered by earnings (30.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Taylor (58yo)
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 ...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD2.92M) is about average for companies of similar size in the US market ($USD3.17M).
Compensation vs Earnings: Insufficient data to compare Paul's compensation with company performance.
|Executive VP & CFO||2.42yrs||US$1.01m||no data|
|Vice Chairman & Head of Commercial Real Estate Banking||no data||US$2.41m||0.034% $216.2k|
|Executive VP and Head of Commercial & Specialty Banking||2.08yrs||US$1.03m||0.0027% $17.3k|
|Executive VP & COO||4.5yrs||no data||0.049% $309.7k|
|Senior VP & Director of Investor Relations||no data||no data||no data|
|Executive VP||0.83yr||no data||0.014% $90.4k|
|Executive VP||3.33yrs||no data||0.031% $193.3k|
|Executive VP & Chief Human Resources Officer||1.25yrs||no data||0.019% $121.7k|
|Executive VP & Corporate Secretary||9.58yrs||no data||no data|
Experienced Management: OPB's management team is considered experienced (2.3 years average tenure).
|Independent Director||3.5yrs||no data||no data|
|Independent Director||2yrs||US$200.48k||0.0056% $35.5k|
|Independent Director||0.67yr||US$89.16k||no data|
|Chairman of the Board||2.25yrs||US$5.02m||0.050% $315.7k|
|Independent Director||0.92yr||US$128.75k||no data|
|Independent Director||0.33yr||no data||no data|
|Independent Director||2.67yrs||US$197.50k||0.0088% $55.2k|
|Independent Director||2.17yrs||no data||no data|
Experienced Board: OPB's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OPB insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Opus Bank's company bio, employee growth, exchange listings and data sources
- Name: Opus Bank
- Ticker: OPB
- Exchange: NasdaqGS
- Founded: 1982
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$630.119m
- Shares outstanding: 36.36m
- Website: https://www.opusbank.com
Number of Employees
- Opus Bank
- 19900 MacArthur Boulevard
- 12th Floor
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OPB||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Apr 2014|
|OP7||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Apr 2014|
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 accepts demand deposits, checking accounts, money market accounts, savings accounts, and certificates of deposit. Its loan products include multifamily residential loans, commercial real estate loans, commercial business loans, small business administration loans, and construction loans; and loans and lines for working capital, expansion, acquisitions, consolidation, and transition. The company also offers financial and advisory services related to raising equity capital, targeted acquisition and divestiture strategies, general mergers and acquisitions, debt and equity financing, balance sheet restructuring, valuation, strategy, and performance improvement. In addition, it provides commercial escrow services and facilitates tax-deferred commercial exchanges; and treasury, cash management, and depository solutions. As of January 28, 2019, it operated 47 banking offices, including 28 in California, 16 in the Seattle/Puget Sound region in Washington, 2 in the Phoenix metropolitan area of Arizona, and 1 in Portland, Oregon. The company was formerly known as Bay Cities National Bank. Opus Bank was founded in 1982 and is headquartered in Irvine, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 09:57|
|End of Day Share Price||2020/03/31 00:00|
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.