OptimumBank Holdings, Inc. (NYSE American: OPHC) reported that Director Michael Blisko purchased 7,600 shares of the company's common stock in an open-market transaction at an average price of $4.09 per share, according to a Form 4 filing with the Securities and Exchange Commission. The purchase, totaling approximately $31,084, increases Blisko's direct ownership and signals continued insider confidence in the community and business bank serving Florida.
The transaction comes on the heels of what management called the strongest quarter in the company's history. OptimumBank reported net earnings of $4.32 million for the most recent quarter, driven by higher net interest income and solid strategic execution. The strong performance underscores the bank's focus on responsible banking and community partnerships, which have resonated with customers seeking a service-oriented alternative to larger financial institutions.
Founded in 2000 in Fort Lauderdale, Florida, OptimumBank offers a range of financial solutions including business banking, business lending, SBA lending solutions, treasury management, and personal banking. The bank has built a reputation for reasonable fees and strong customer service, distinguishing itself from larger banks. The insider purchase by Blisko, a director, is often viewed by investors as a vote of confidence in the company's future prospects and financial health.
For more information on OptimumBank Holdings, including the latest news and updates, visit the company's newsroom at https://nnw.fm/OPHC. The full press release regarding the director's share purchase is available at https://nnw.fm/Jklth.
