OP Bancorp and Open Bank Complete Formation of Bank Holding Company Reorganization
BusinessWire - Mon Jun 06, 5:00AM CDT
Open Bank announced that it has completed its reorganization resulting in a bank holding company structure. As a result of the reorganization, OP Bancorp is the parent bank holding company and Open Bank is the wholly owned bank subsidy of OP Bancorp. On the effective date of the reorganization each shareholder of Open Bank became a shareholder of OP Bancorp on a share for share basis. The board of directors and executive officers of OP Bancorp are the same directors and executive officers that serve Open Bank. The shares of OP Bancorp will be quoted on the OTCQB under the symbol OPBK. Ms. Min Kim, Chief Executive Officer of OP Bancorp and Open Bank, stated that, "We are appreciative of the regulatory agencies that approved the reorganization and our shareholders who approved the reorganization at our annual meeting on May 19, 2016. We think the new structure will be advantageous as Open Bank continues its excellent progress to grow into a premier community bank serving the Korean and other communities within its market."
Open Bank Reports First Quarter 2016 Results
BusinessWire - Tue Apr 26, 5:00AM CDT
--Net income totaled $1.32 million for the first quarter of 2016, or $0.10 per diluted common share, up 1.5% from $1.30 million for the first quarter of 2015.
Open Bank Reports Strong Fourth Quarter and Full Year 2015 Results
BusinessWire - Thu Jan 28, 4:00PM CST
--Net income totaled $1.6 million for the fourth quarter of 2015, or $0.12 per diluted common share, up 61% from $984 thousand for the fourth quarter of 2014.
420 College Alumni Open Bank Accounts And Get Loans Using Institution's Education
M2 - Thu Dec 03, 7:45AM CST
A select group of alumni from the industry's leading cannabis educational institution, 420 College, are a step ahead as a handful are using what they've learned and are being recognized and rewarded by various financial institutions.
Bank of America CEO Brian Moynihan to Open Bank of America Merrill Lynch Banking and Financial Services Conference
BusinessWire - Tue Nov 10, 8:00AM CST
Bank of America Chief Executive Officer Brian Moynihan will welcome attendees to the Bank of America Merrill Lynch Banking and Financial Services Conference on Tuesday, November 17 at 8 a.m. Eastern Time in New York.
BAC: 13.40 (+0.09)
Easy Ways for Expats to Open Bank Accounts and Access Social Security Overseas--InternationalLiving.com
PRWeb - Tue Nov 03, 4:40AM CST
A new report by InternationalLiving.com advises expats on the practical matters of managing their finances when they move overseas. The report offers real-world guidance on bank accounts, Social Security, credit cards and exchange rates.
Open Bank Reports 2015 Third Quarter Financial Results
BusinessWire - Thu Oct 29, 4:00PM CDT
--Net income totaled $1.5 million, or $0.12 per diluted common share.
Open Bank Reports 2015 Second Quarter Financial Results
BusinessWire - Mon Jul 27, 5:00AM CDT
--Net income for the second quarter of 2015 was $1.6 million, an increase of 22% from $1.3 million for the first quarter of 2015 and an increase of 32% from $1.2 million for the second quarter of 2014.
Open Bank Reports 2015 First Quarter Financial Results
BusinessWire - Fri May 01, 6:00AM CDT
--Net income for the first quarter of 2015 was $1.3 million, an increase of 32% from $984 thousand for the fourth quarter of 2014 and an increase of 27% from $1.0 million for the first quarter of 2014.
Open Bank Reports 2014 Fourth Quarter Financial Results
BusinessWire - Mon Feb 02, 7:01AM CST
--Total assets reached $531 million at December 31, 2014, up 19% from $447 million at September 30, 2014, and up 55% from $342 million a year ago.
Data Monetisation - Opportunities Beyond OTT: Finance, Retail, Telecom and Connected Objects
M2 - Thu Jan 22, 8:59AM CST
Research and Markets (http://www.researchandmarkets.com/research/mxrsln/data_monetisation) has announced the addition of the "Data Monetisation - Opportunities Beyond OTT: Finance, Retail, Telecom and Connected Objects" report to their offering. This report presents data monetisation options for selected verticals, beyond traditional development in pure online markets. The first part of the report provides an overview of the big data market and its impacts in terms of data monetisation opportunities open to all verticals. The second part presents current initiatives for data monetisation around upsell and cross-selling, direct advertising/marketing, value-added services (servitization), intermediation and data resale for four key verticals: finance, retail, telecom and connected objects. The report provides an assessment of the major real opportunities in the selected verticals and their articulation with aggregators and platforms coming from the online world. Key Topics Covered: 1. Executive Summary 2. Methodology & definitions 3. Data monetisation options for verticals 3.1. Introduction to big data 3.2. Opportunities for verticals 3.3. The battle with aggregators 4. Data monetisation and finance 4.1. Type of data gathered 4.2. Privacy policies 4.3. Main opportunities 5. Data monetisation and retail 5.1. Type of data gathered in retail 5.2. Privacy policies 5.3. Main opportunities 5.3.1. Geo-fencing 5.3.2. Loyalty card programmes and customer insights 5.3.3. In-store tracking 5.3.4. Tracking buying emotions 6. Data monetisation and telcos 6.1. Type of data gathered 6.2. Privacy policies 6.3. Main opportunities 7. Data monetisation and smart products 7.1. Introduction 7.2. Types of data collected 7.3. Privacy policies 7.4. Opportunities 7.4.1. Development of new services associated with products (servicisation) 7.4.2. Insights and Aggregated data sales Companies Mentioned - Amazon - Apple - Axa - Barclays - Cardlytics - Citibank - Discovery - emozia - Facebook - Google - Intersec - JP Morgan Chase - Macy's - MasterCard - Mint - Nordstrom - Open Bank Project - Oracle - Orange - parks & honey - Plaid - RunKeeper - SFR - shopkick - SingTel - SundaySky - Telef?nica/O2 - Tesco - Verizon - Withings For more information visit http://www.researchandmarkets.com/research/mx...netisation
JWN: 37.48 (+0.70)