OptimumBank Holdings, Inc. (NYSE American: OPHC) reported record net income of $6.7 million for the second quarter of 2026, marking a significant increase from $4.7 million in the preceding quarter and $3.6 million in the same period last year. The company attributed the growth to higher net interest income and margin expansion, reflecting effective balance sheet management and strong customer demand.
Net interest income rose to $14.7 million during the quarter, while net interest margin improved 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. Earnings per basic share reached 40 cents for the quarter, compared with 39 cents in the prior quarter and 31 cents a year ago. Diluted earnings per share were 28 cents, versus 20 cents and 15 cents, respectively.
The company's growth was underpinned by substantial increases in loans and deposits. Gross loans expanded by $126.2 million to $1.2 billion during the quarter, while total deposits grew by $121.2 million to $1.2 billion. Total assets reached $1.4 billion. Key profitability metrics also improved, with return on average assets rising to an annualized 2.04% and return on average equity climbing to 20.34%.
OptimumBank Holdings will host a webcast on August 13, 2026, at 1 p.m. ET to discuss these results. The company, founded in 2000 and headquartered in Fort Lauderdale, Florida, operates as a full-service community bank offering business banking, business lending, SBA lending solutions, treasury management, and personal banking. The record performance underscores the bank's ability to generate strong returns while supporting economic development and community growth through responsible banking practices.
For more details, the full press release is available at https://nnw.fm/PKIsB. Additional news and updates regarding OptimumBank Holdings can be found in the company's newsroom at https://nnw.fm/OPHC.
