OverviewSuggest Edit
Open Bank provides banking products and services. It generates certificates of deposit, installment accounts, money market accounts, retirement accounts, demand and time deposits, savings accounts, as well as various personal and business checking accounts. The Company also provides commercial lending products, including business line of credit, business term loans, and commercial real estate term loans.
| Type | Public | |
| Founded | 2005 | |
| HQ | Los Angeles, CA, US | Map |
| Website | myopenbank.com | |
| Employee Ratings | More |
Open Bank Office Locations
Open Bank has offices in Los Angeles, Aurora, Bellevue, Duluth and in 1 other location
Los Angeles, CA, US (HQ)
1000 Wilshire Blvd #500
Aurora, CO, US
2821 S Parker Rd #245
Bellevue, WA, US
11900 NE 1st St #300
Duluth, GA, US
3700 Crestwood Pkwy NW #205
Lynnwood, WA, US
3405 188th St SW #304
Open Bank Financials and Metrics
Open Bank Revenue
Open Bank's revenue was reported to be $2.02 m in FY, 2019
| USD | |
|---|---|
Revenue (Q2, 2020) | 230.0k |
Net income (Q2, 2020) | 2.4m |
Market capitalization (6-Jan-2021) | 115.8m |
Closing stock price (6-Jan-2021) | 7.7 |
Cash (30-Jun-2020) | 112.2m |
EV | 12.8m |
Open Bank's current market capitalization is $115.8 m.
Annual
Quarterly
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 |
|---|---|---|---|---|---|---|---|---|
Net Income | 3.2m | 7.0m | 10.5m | 4.7m | 8.6m | 12.6m | 3.3m | 5.7m |
Depreciation and Amortization | 240.4k | 489.0k | 762.4k | 268.0k | 538.0k | 835.0k | 329.0k | 654.0k |
Cash From Operating Activities | (1.4m) | 11.0m | 23.4m | 2.7m | 8.0m | 15.9m | 2.4m | (2.1m) |
Purchases of PP&E | (467.1k) | (825.9k) | (1.0m) | (718.0k) | (1.2m) | (1.6m) | (245.0k) | (309.0k) |
| USD | Q1, 2018 |
|---|---|
Financial Leverage | 8.2 x |
Open Bank Cybersecurity Score
Open Bank Environment, Social & Governance (ESG) Ratings
Open Bank Online and Social Media Presence
Open Bank's Trends
Open Bank News and Updates
October 22, 2018
Oz challenger bank 86 400 signs on with Open Bank Project
86 400, an Australian banking startup led by a host of industry heavyweights, has inked a deal with...
Open Bank Frequently Asked Questions
When was Open Bank founded?
Open Bank was founded in 2005.
How many employees does Open Bank have?
Open Bank has 168 employees.
What is Open Bank revenue?
Latest Open Bank annual revenue is $2 m.
What is Open Bank revenue per employee?
Latest Open Bank revenue per employee is $12 k.
Who are Open Bank competitors?
Competitors of Open Bank include Amalgamated Bank, United Business Bank and Brookline Bancorp.
Where is Open Bank headquarters?
Open Bank headquarters is located at 1000 Wilshire Blvd #500, Los Angeles.
Where are Open Bank offices?
Open Bank has offices in Los Angeles, Aurora, Bellevue, Duluth and in 1 other location.
How many offices does Open Bank have?
Open Bank has 5 offices.
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