OptimumBank Holdings (NYSE American: OPHC), a financial holding company and parent of Florida-chartered OptimumBank, reported net income of $7.2 million, or $0.30 per diluted share, for the third quarter ended Sept. 30, 2026, compared with $4.3 million, or $0.18 per diluted share, in the prior-year period. Diluted earnings per share increased approximately 67% year over year and 7% sequentially. For the first nine months of 2026, net income rose to $18.5 million from $11.8 million a year earlier, driven primarily by higher net interest and noninterest income. The company reported a net interest margin of 4.63%, up from 4.57% in the second quarter, while its efficiency ratio improved to 45.86% from 48.78%.
OptimumBank continued expanding its balance sheet during the quarter, with gross loans increasing $150.2 million, or 12.3%, to $1.37 billion and total deposits rising $128.8 million, or 10.6%, to $1.34 billion. Deposits increased 40% year over year, while total assets reached $1.58 billion, up $175.2 million from the previous quarter. Stockholders’ equity increased to $149.4 million from $134.4 million at June 30, reflecting retained earnings and capital raised through equity offerings. The company reported annualized returns on average assets and equity of 1.95% and 19.99%, respectively.
To view the full press release, visit https://nnw.fm/qNF37
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 https://nnw.fm/OPHC
About NetworkNewsWire
NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: https://www.NetworkNewsWire.com/Disclaimer
NetworkNewsWire
Austin, Texas
www.NetworkNewsWire.com
512.354.7000 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is powered by IBN