OptimumBank Holdings, Inc. (NYSE American: OPHC) reported record net income of $6.7 million, or 40 cents per basic share and 28 cents per diluted share, for the second quarter of 2026. This compares with net income of $4.7 million, or 39 cents per basic share and 20 cents per diluted share, in the preceding quarter, and $3.6 million, or 31 cents per basic share and 15 cents per diluted share, in the year-ago period, according to a press release.
Net interest income rose to $14.7 million, while net interest margin increased to 4.57%. For the first six months of 2026, net income totaled $11.3 million, up from $7.5 million in the comparable 2025 period. The company's gross loans increased by $126.2 million during the quarter to $1.2 billion, total deposits grew by $121.2 million to $1.2 billion, and total assets reached $1.4 billion.
Return on average assets increased to an annualized 2.04%, and return on average equity rose to 20.34%. The company will host a webcast to discuss its results on Aug. 13, 2026, at 1 p.m. ET. For more details, visit the full press release here.
Founded in 2000 and headquartered in Fort Lauderdale, Florida, OptimumBank is a full-service community bank focused on delivering personalized service, competitive pricing, and innovative financial solutions. The bank supports economic development and community growth through responsible banking practices. OptimumBank’s business and financial solutions include Business Banking, Business Lending, SBA Lending Solutions, Treasury Management, and Personal Banking.
The record results underscore the bank's strong performance amid a challenging economic environment, with significant growth in both loans and deposits. The increase in net interest income and margin reflects effective asset-liability management and a favorable interest rate environment. The company's return on assets and equity metrics highlight its profitability and efficient use of shareholder capital.
Investors and analysts will likely focus on the sustainability of these results and the bank's growth trajectory. The upcoming webcast will provide further insights into management's outlook and strategies. For ongoing updates, the company's newsroom is available at https://nnw.fm/OPHC.
