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 $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 strong operational performance and strategic growth initiatives.
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 significant improvement in net income reflects higher earning assets and improved interest margins. 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, 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%, indicating efficient use of capital and strong profitability.
The bank's growth in loans and deposits demonstrates its ability to attract and retain customers in a competitive banking environment. The expansion of the loan portfolio, particularly in commercial and SBA lending, has been a key driver. The company will host a webcast to discuss its results on Aug. 13, 2026, at 1 p.m. ET. For more details, the full press release is available at https://nnw.fm/PKIsB.
OptimumBank, founded in 2000 and headquartered in Fort Lauderdale, Florida, 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.
The record quarterly performance is a positive indicator for investors, as it shows the bank's ability to generate strong returns even in a challenging economic environment. With a return on average assets above 2% and return on equity above 20%, OptimumBank is outperforming many peers in the banking sector. The growth in deposits and loans also suggests that the bank is successfully executing its growth strategy. For ongoing updates, investors can visit the company's newsroom at https://nnw.fm/OPHC.
