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 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 record earnings underscore the bank's successful expansion strategy and improving operational efficiency.
Net interest income rose to $14.7 million, while net interest margin increased to 4.57%, reflecting higher yields on earning assets and effective management of funding costs. 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 year-over-year growth highlights the bank's ability to capitalize on a favorable interest rate environment and strong loan demand.
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. The robust growth in loans and deposits demonstrates the bank's success in attracting new customers and deepening relationships with existing ones. Return on average assets increased to an annualized 2.04%, and return on average equity rose to 20.34%, indicating strong profitability and efficient use of shareholder capital.
The company will host a webcast to discuss its results on Aug. 13, 2026, at 1 p.m. ET. Investors can access the webcast through the company's website. The strong quarterly performance positions OptimumBank Holdings as a standout among community banks, with its focus on personalized service and innovative financial solutions driving growth. The bank's SBA lending solutions and treasury management services have been particularly well-received by local businesses.
Founded in 2000 and headquartered in Fort Lauderdale, Florida, OptimumBank is a full-service community bank dedicated to supporting economic development and community growth through responsible banking practices. The bank's business and financial solutions include Business Banking, Business Lending, SBA Lending Solutions, Treasury Management, and Personal Banking. The record results reflect the bank's commitment to delivering value to its shareholders and customers.
For more details, visit the full press release at https://nnw.fm/PKIsB. The latest news and updates relating to OPHC are available in the company's newsroom at https://nnw.fm/OPHC.
