OptimumBank Holdings, Inc. (NYSE American: OPHC) 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 $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 company's net interest income rose to $14.7 million, while net interest margin increased 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.
Gross loans increased by $126.2 million during the quarter to $1.2 billion, while total deposits grew by $121.2 million to $1.2 billion, and total assets reached $1.4 billion. Return on average assets increased to an annualized 2.04%, and return on average equity rose to 20.34%. These results underscore OptimumBank's ability to grow its balance sheet while maintaining strong profitability metrics. The company will host a webcast to discuss its results on Aug. 13, 2026, at 1 p.m. ET. 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 full-service community bank focused on delivering personalized service, competitive pricing, and innovative financial solutions. The bank supports economic development and community growth through responsible banking practices. Its business and financial solutions include Business Banking, Business Lending, SBA Lending Solutions, Treasury Management, and Personal Banking. The record performance in the second quarter highlights the bank's successful strategy in attracting deposits and expanding its loan portfolio, which are key drivers of its net interest income growth.
The national banking environment has seen increasing competition for deposits and loan growth, making OptimumBank's achievement particularly notable. The bank's ability to grow deposits by over $121 million in a single quarter indicates strong customer confidence and effective community engagement. Similarly, the $126.2 million increase in gross loans suggests robust demand for credit in its markets, which include Florida's dynamic economy. The annualized return on average assets of 2.04% and return on average equity of 20.34% are well above industry averages, signaling efficient operations and strong asset quality.
Investors and analysts will likely focus on the sustainability of these growth rates and the bank's ability to maintain its net interest margin in a potential changing interest rate environment. The company's latest news and updates are available in its newsroom at https://nnw.fm/OPHC. The record net income for the second quarter positions OptimumBank Holdings favorably as it continues to execute its growth strategy while maintaining profitability and supporting its community.
