Tuesday, 02 January 2024 12:17 GMT

Investornewsbreaks Optimumbank Holdings, Inc. (NYSE American: OPHC) Reports Q1 2026 Net Income Of $4.7M Amid Strong Loan And Deposit Growth


(MENAFN- Investor Brand Network) OptimumBank Holdings (NYSE American: OPHC) reported net income of $4.7 million, or $0.39 per basic share, for the first quarter of 2026, compared to $3.9 million in the prior-year period, driven by higher net interest income and modest gains in noninterest income. The company also posted strong balance sheet expansion, with total deposits rising 17.3% to $1.09 billion and gross loans increasing 13.8% to $1.09 billion during the quarter, reflecting continued momentum across its relationship-based banking model.

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About OptimumBank Holdings, Inc.

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.

NOTE TO INVESTORS: The latest news and updates relating to OPHC are available in the company's newsroom at OPHC

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