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OptimumBank Holdings, Inc. — Third Quarter 2026 Earnings Summary

  • Net income rose to $7.2 million ($0.30 EPS) in Q3 2026, up from $6.7 million ($0.28 EPS) in Q2 2026 and $4.3 million ($0.18 EPS) in Q3 2025; nine-month net income reached $18.5 million ($0.78 diluted EPS) versus $11.8 million ($0.50 diluted EPS) in 2025.
  • Revenue and efficiency metrics strengthened with net interest income increasing to $16.8 million and the efficiency ratio improving to 45.86% in Q3 2026, while total assets and deposits grew to $1.58 billion and $1.34 billion, respectively.
  • Management anticipates continued earnings momentum and balance sheet expansion over the coming quarters, driven by identified opportunities to improve operating efficiency and limit expenses.
  • Capital structure was bolstered by a $35.0 million subordinated debt offering and a $31.0 million capital contribution to the Bank, while total stockholders' equity increased to $149.4 million and nonperforming assets declined to $1.8 million.
  • The company reported a 49% share price increase to $8.72 and a 235% rise in average daily trading volume, supported by record loan growth of $150.2 million and Buy ratings from all three independent equity research firms.
Company
OPTIMUMBANK HOLDINGS INC
Sector
Financial Services
Industry
Banks - Regional