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 record earnings underscore the company's strong operational performance and strategic growth initiatives.
Net interest income rose to $14.7 million, while net interest margin expanded to 4.57%, reflecting improved asset yields and effective 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 profitability metrics also improved significantly, with return on average assets reaching an annualized 2.04% and return on average equity climbing to 20.34%.
Gross loans increased by $126.2 million during the quarter to $1.2 billion, driven by robust demand across commercial and consumer lending segments. Total deposits grew by $121.2 million to $1.2 billion, supported by the bank's competitive deposit products and community-focused relationship banking. Total assets reached $1.4 billion, reflecting the bank's expanding balance sheet and market presence.
The results highlight OptimumBank's ability to generate sustainable growth while maintaining asset quality. The company will host a webcast to discuss its results on Aug. 13, 2026, at 1 p.m. ET, providing investors with deeper insights into its performance and 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, offering business banking, business lending, SBA lending solutions, treasury management, and personal banking services. The latest news and updates relating to OPHC are available in the company’s newsroom at https://nnw.fm/OPHC.
This record performance is significant as it demonstrates OptimumBank's successful execution of its growth strategy and its ability to capitalize on favorable market conditions. The strong loan and deposit growth, coupled with improved profitability metrics, position the bank well for continued expansion. Investors and stakeholders will be watching closely to see if the bank can sustain this momentum in the coming quarters.
