Opus Bank (OPB)’s Financial Results Comparing With Canadian Imperial Bank of Commerce (NYSE:CM)

This is therefore a contrasting of the dividends, analyst recommendations, institutional ownership, profitability, risk, earnings and valuation in Opus Bank (NASDAQ:OPB) and Canadian Imperial Bank of Commerce (NYSE:CM). The two are both Money Center Banks companies that compete with one another.

Earnings and Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Opus Bank 222.01M 3.52 29.64M 1.55 14.76
Canadian Imperial Bank of Commerce N/A 0.00 N/A 9.00 9.41

Table 1 shows the top-line revenue, earnings per share and valuation for Opus Bank and Canadian Imperial Bank of Commerce. When company has higher price-to-earnings means it is more expensive than its counterpart presently. Opus Bank is presently more expensive than Canadian Imperial Bank of Commerce, because it’s trading at a higher price-to-earnings ratio.

Profitability

Table 2 shows us Opus Bank and Canadian Imperial Bank of Commerce’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Opus Bank 13.35% 4.8% 0.7%
Canadian Imperial Bank of Commerce 0.00% 16.5% 0.9%

Risk & Volatility

Opus Bank is 25.00% more volatile than Standard and Poor’s 500 due to its 1.25 beta. Canadian Imperial Bank of Commerce on the other hand, has 1.21 beta which makes it 21.00% more volatile compared to Standard and Poor’s 500.

Dividends

Opus Bank shareholders receive an annual dividend of $0.44 per share which is subject to 2.06% dividend yield. The dividend yield for Canadian Imperial Bank of Commerce is 4.75% while its annual dividend payout is $4 per share.

Institutional and Insider Ownership

Institutional investors owned 94.4% of Opus Bank shares and 70.8% of Canadian Imperial Bank of Commerce shares. About 0.1% of Opus Bank’s share are owned by insiders. Comparatively, Canadian Imperial Bank of Commerce has 0.09% of it’s share owned by insiders.

Performance

Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
Opus Bank 0.48% 9.19% 6.39% -18.35% -19.22% 16.49%
Canadian Imperial Bank of Commerce -2.54% -0.08% -3.29% -10.96% -6.94% 13.66%

For the past year Opus Bank’s stock price has bigger growth than Canadian Imperial Bank of Commerce.

Summary

Opus Bank beats on 7 of the 12 factors Canadian Imperial Bank of Commerce.

Opus Bank provides various banking products, services, and solutions for small to mid-sized companies, entrepreneurs, real estate investors, professionals, and high net worth individuals. It offers demand deposits, checking accounts, money market accounts, savings accounts, and certificates of deposit. The company also provides multifamily residential loans, commercial real estate loans, commercial business loans, small business administration loans, construction loans, and single-family residential and consumer loans; and loans and lines for working capital, expansion, acquisitions, consolidation, and transition. In addition, it 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; and loan and depository services to other financial institutions, such as banks, thrifts, and credit unions. Further, the company provides commercial escrow services and facilitates tax-deferred commercial exchanges; and cash management and payment solutions, as well as fiduciaries. As of February 15, 2017, it operated 56 banking offices, including 32 in California, 21 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.

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to individual, small business, commercial, corporate, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Small Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. It offers chequing, savings, tax free savings, and business accounts; loans, lines of credit, student lines of credit, and business and agriculture loans; fixed and variable rate, first time home buyer, and commercial mortgages; rapid and franchise financing services; and home power plan solutions. The company also provides prepaid, credit, and commercial cards; and guaranteed investment certificates, investment banking, mutual funds, structured notes, education RESPs, and disability RDSPs, as well as portfolio, business, and investment solutions. In addition, it offers government supported programs; travel and creditor insurance products; specialty services, such as established business, agriculture, and indigenous banking services, as well as banking services for professionals; and custody, corporate trust, and transfer agency services. Further, the company provides student, youth, senior, newcomers, and foreign workers banking offers, as well as banking bundles. Additionally, it offers overdraft protection, switch kit, retirement planning, precious metal purchasing, cash management, merchant, trade finance, correspondent banking, community commitment, asset management, self-directed brokerage, and online foreign exchange services, as well as mobile, online, and ATM services. The company also operates an advice center. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.