Opus Bank (OPB) was Initiated by JMP Securities to “Mkt Perform”. JMP Securities advised their investors in a research report released on Sep 16, 2016.
Many Wall Street Analysts have commented on Opus Bank. Credit Suisse Initiated Opus Bank on Jun 29, 2016 to “Outperform”, Price Target of the shares are set at $44.
Opus Bank closed down -0.11 points or -0.32% at $34.33 with 109,978 shares getting traded on Wednesday. Post opening the session at $34.08, the shares hit an intraday low of $34.0211 and an intraday high of $34.62 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
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.