OptimumBank Holdings Reports Record Second-Quarter 2026 Net Income of $6.7 Million

OptimumBank Holdings, Inc. (NYSE American: OPHC) has reported record net income of $6.7 million for the second quarter of 2026, underscoring its robust financial performance and expanding footprint in the banking sector. The company, which operates as a full-service community bank, achieved earnings of 40 cents per basic share and 28 cents per diluted share, compared with $4.7 million (39 cents per basic share, 20 cents per diluted share) in the preceding quarter and $3.6 million (31 cents per basic share, 15 cents per diluted share) in the same period last year. This milestone reflects the bank's strategic focus on lending and deposit growth, contributing to economic development in Texas and other markets.

Net interest income rose to $14.7 million during the quarter, while the net interest margin increased to 4.57%. For the first six months of 2026, net income totaled $11.3 million, up significantly from $7.5 million in the comparable 2025 period. Gross loans expanded by $126.2 million during the quarter, reaching $1.2 billion, and total deposits grew by $121.2 million to $1.2 billion. Total assets climbed to $1.4 billion, reflecting the bank's strong balance sheet. Return on average assets improved to an annualized 2.04%, and return on average equity rose to 20.34%, signaling efficient capital utilization and profitability.

These results highlight the bank's ability to support businesses and individuals through responsible lending and community-focused banking. OptimumBank's performance is particularly relevant for Texas, where community banks play a vital role in fueling local economies by providing capital to small and medium-sized enterprises. The growth in loans and deposits indicates increased economic activity and confidence in the bank's services. The company will host a webcast to discuss its results on Aug. 13, 2026, at 1 p.m. ET, providing further insights into its strategies 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 community bank that emphasizes personalized service, competitive pricing, and innovative financial solutions. Its offerings include business banking, business lending, SBA lending solutions, treasury management, and personal banking. By focusing on community growth and responsible practices, OptimumBank aligns with the economic development goals of states like Texas, where banking services are crucial for business expansion and job creation. The record earnings demonstrate the bank's effective management and its positive impact on the communities it serves.