OptimumBank Holdings Reports Record Second-Quarter Net Income of $6.7 Million

OptimumBank Holdings, Inc. (NYSE American: OPHC) reported record net income of $6.7 million for the second quarter of 2026, marking a significant increase from the prior quarter and the same period last year. The company's earnings per basic share rose to 40 cents, compared with 39 cents in the first quarter of 2026 and 31 cents in the second quarter of 2025. Diluted earnings per share were 28 cents, up from 20 cents and 15 cents, respectively.

Net interest income grew to $14.7 million, while the net interest margin expanded to 4.57%, reflecting effective asset-liability management. For the first six months of 2026, net income totaled $11.3 million, a sharp increase from $7.5 million in the first half of 2025. The company attributed the strong performance to robust loan and deposit growth. Gross loans increased by $126.2 million during the quarter to $1.2 billion, while total deposits rose by $121.2 million to $1.2 billion. Total assets reached $1.4 billion.

Return on average assets (ROAA) improved to an annualized 2.04%, and return on average equity (ROAE) climbed to 20.34%, underscoring the company's profitability and efficient use of capital. These metrics highlight OptimumBank's successful execution of its community banking strategy. The company plans to discuss its results in a webcast on August 13, 2026, at 1 p.m. ET. More details can be found in the full press release at https://nnw.fm/PKIsB.

OptimumBank, founded in 2000 and headquartered in Fort Lauderdale, Florida, is a full-service community bank focused on personalized service and innovative financial solutions. Its offerings include business banking, business lending, SBA lending solutions, treasury management, and personal banking. The bank emphasizes responsible banking practices to support economic development and community growth. The record earnings reflect the bank's ability to attract deposits and originate loans while maintaining strong asset quality.

This announcement is significant as it demonstrates OptimumBank's continued growth trajectory and its ability to outperform in a competitive banking environment. The increase in net interest margin and profitability ratios signals effective management and a solid customer base. For investors, the results provide confidence in the bank's operational efficiency and future prospects. Additional updates on OPHC are available in the company's newsroom at https://nnw.fm/OPHC.