OptimumBank Holdings, Inc. (NYSE American: OPHC) announced 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 bank's strong operational performance and growth trajectory.
Net interest income rose to $14.7 million, while net interest margin increased to 4.57%, reflecting effective asset-liability 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 bank's balance sheet expanded significantly, with gross loans increasing 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.
Key profitability metrics improved markedly. Return on average assets increased to an annualized 2.04%, and return on average equity rose to 20.34%. These figures indicate efficient use of capital and assets, positioning the bank favorably among its peers. The strong quarterly performance reflects the bank's ability to attract deposits and grow its loan portfolio while maintaining solid margins.
The company will host a webcast to discuss its results on Aug. 13, 2026, at 1 p.m. ET. Investors and analysts can access additional details from the full press release at https://nnw.fm/PKIsB.
OptimumBank Holdings, founded in 2000 and headquartered in Fort Lauderdale, Florida, operates as a full-service community bank. It focuses on delivering personalized service, competitive pricing, and innovative financial solutions. The bank supports economic development and community growth through responsible banking practices. Its offerings include Business Banking, Business Lending, SBA Lending Solutions, Treasury Management, and Personal Banking.
The record earnings highlight the bank's successful strategy in a competitive banking environment. The significant growth in loans and deposits suggests strong customer demand and effective business development. The improved net interest margin indicates favorable interest rate dynamics and prudent cost management. These results are important for investors as they demonstrate the bank's capacity to generate sustainable profitability and shareholder value.
For more information, the latest news and updates relating to OPHC are available in the company's newsroom at https://nnw.fm/OPHC.
