OptimumBank Holdings, Inc. (NYSE American: OPHC) today 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 results underscore the company's strong earnings momentum and operational efficiency.
Net interest income for the quarter rose to $14.7 million, while the 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, demonstrating sustained profitability growth.
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 successful customer acquisition and retention strategies. Total assets reached $1.4 billion, reflecting the bank's expanding balance sheet and market presence.
Key profitability metrics also showed significant improvement. Return on average assets (ROAA) increased to an annualized 2.04%, up from 1.70% in the prior quarter, while return on average equity (ROAE) rose to 20.34%, compared to 17.52% in the first quarter of 2026. These metrics highlight OptimumBank's ability to generate strong returns for shareholders.
The company will host a webcast to discuss its results on Aug. 13, 2026, at 1 p.m. ET. Interested parties can access the webcast through the company's investor relations page. For more details, the full press release is available at https://nnw.fm/PKIsB.
OptimumBank Holdings, founded in 2000 and headquartered in Fort Lauderdale, Florida, operates as a full-service community bank. The bank focuses on delivering personalized service, competitive pricing, and innovative financial solutions to support economic development and community growth. Its offerings include business banking, business lending, SBA lending solutions, treasury management, and personal banking.
The record quarterly performance positions OptimumBank favorably for continued growth, with strong capital levels and a diversified loan portfolio. Investors can find the latest news and updates regarding OPHC in the company's newsroom at https://nnw.fm/OPHC.
