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 to 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. The results underscore the company's continued growth trajectory and operational efficiency.
Net interest income rose to $14.7 million, while net interest margin increased to 4.57%, reflecting improved asset yields and effective cost management. For the first six months of 2026, net income totaled $11.3 million, up from $7.5 million in the comparable 2025 period. The significant increase in profitability highlights the bank's successful expansion strategy.
Gross loans increased by $126.2 million during the quarter to $1.2 billion, while total deposits grew by $121.2 million to $1.2 billion. Total assets reached $1.4 billion. Return on average assets (ROAA) increased to an annualized 2.04%, and return on average equity (ROAE) rose to 20.34%. These metrics demonstrate strong asset utilization and shareholder value creation.
The company will host a webcast to discuss its results on Aug. 13, 2026, at 1 p.m. ET. Investors and analysts can access the call to gain deeper insights into the financial performance and strategic outlook. For more details, the full press release is available at https://nnw.fm/PKIsB.
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. Its business and financial solutions include Business Banking, Business Lending, SBA Lending Solutions, Treasury Management, and Personal Banking.
This record performance is important as it signals strong demand for community banking services and effective management in a competitive financial landscape. The substantial growth in loans and deposits indicates that OptimumBank is successfully capturing market share while maintaining asset quality. The improved net interest margin and profitability ratios suggest efficient operations and prudent risk management, which are critical for sustaining long-term growth.
Investors should note that the latest news and updates regarding OPHC are available in the company's newsroom at https://nnw.fm/OPHC. This announcement reinforces OptimumBank's position as a strong performer in the banking sector, with potential implications for shareholder value and community impact.
