OptimumBank Holdings
OPHC

$4.59

0.22%

Market Cap: $44.2M

Financials National Commercial Banks

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

200% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 2

20% more funds holding

Funds holding: 10 [Q1] → 12 (+2) [Q2]

8% more capital invested

Capital invested by funds: $3.84M [Q1] → $4.14M (+$297K) [Q2]

1.39% less ownership

Funds ownership: 11.38% [Q1] → 9.98% (-1.39%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for OPHC.

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Financial journalist opinion

Two Weeks Away, Two Panels, One Place: The Best of the Best in Economics at the Inaugural Virtual Banking Conference on September 12, 2024, via Live Webcast

FT. LAUDERDALE, Fla., Aug. 29, 2024 (GLOBE NEWSWIRE) -- OptimumBank's (Nasdaq: OPHC) industry leading event is just two weeks away, September 12, 2024. The conference will be streamed live on the web, setting the stage as a premier gathering within the finance and economic industries. Top-tier market experts will discuss the current US budget deficit, the direction of interest rates, inflationary and deflationary trends and concerns surrounding geopolitical headwinds. Those interested in viewing this event live, can register at: Virtual Banking Conference .

Two Weeks Away, Two Panels, One Place: The Best of the Best in Economics at the Inaugural Virtual Banking Conference on September 12, 2024, via Live Webcast

OptimumBank Holding, Inc. Financial Performance for the Second Quarter of 2024

Fort Lauderdale, FL, Aug. 06, 2024 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (NASDAQ: OPHC) (“OptimumBank” or the “Company”) today reported strong financial performance for the second quarter of 2024. For the three months ended June 30, 2024, the Company achieved net income of $3.5 million, or $.36 per basic share and $0.34 per diluted share, compared to net income of $1.3 million, or $0.18 per basic and diluted share, for the same period in 2023. This reflects significant growth in both earnings and profitability year-over-year.

OptimumBank Holding, Inc. Financial Performance for the Second Quarter of 2024

OptimumBank to Host Inaugural Virtual Banking Conference on September 12, 2024, via Live Webcast

This is the Finance Industry's Preeminent Banking Conference; The Only Place to Find the Most Notable Leaders and Luminaries Gathered for a Single Event

OptimumBank to Host Inaugural Virtual Banking Conference on September 12, 2024, via Live Webcast

OptimumBank Holdings, Inc. To Hold Annual Shareholder Meeting and Investor Day, Wednesday, May 29, 2024 at its Headquarters in Ft. Lauderdale, Florida

FT. LAUDERDALE, Fla., May 23, 2024 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (Nasdaq: OPHC), announced today that it will hold the Annual Shareholder Meeting and Investor Day, on Wednesday, May 29, 2024, at the Company's headquarters in Ft.

OptimumBank Holdings, Inc. To Hold Annual Shareholder Meeting and Investor Day, Wednesday, May 29, 2024 at its Headquarters in Ft. Lauderdale, Florida

OptimumBank Holdings, Inc. (the “Company”) (OPHC-NASDAQ) Announces First Quarter Results

Fort Lauderdale, FL, May 16, 2024 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc., (NASDAQ: OPHC) The Company had net earnings of $2.377 million for the 1st quarter ended March 31, 2024, compared with net earnings of $1.153 million for the 1st quarter ended March 31, 2023, an increase of 106%; in conjunction with $83 million of Stockholders' equity. The Company's only business is the ownership and operation of OptimumBank. To support future growth, the Company issued 2,311,552 common shares in a private placement transaction which closed in the first quarter.

OptimumBank Holdings, Inc. (the “Company”) (OPHC-NASDAQ) Announces First Quarter Results

OptimumBank Holdings, Inc. (the “Company”) (OPHC-NASDAQ) Announces Full Year Results

Fort Lauderdale, FL, March 12, 2024 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc., (NASDAQ: OPHC) The Company had net earnings of $6.3 million for the year ended December 31, 2023, compared to net earnings of $4.0 million for the year ended December 31, 2022 an increase of 56%; and with $70 million of Stockholders' equity. The Company's only business is the ownership and operation of OptimumBank. To facilitate growth, the Company issued 72,221 shares of its common stock in a private placement transaction to two accredited investors during the first quarter of 2023.

OptimumBank Holdings, Inc. (the “Company”) (OPHC-NASDAQ) Announces Full Year Results

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OptimumBank Holdings, Inc. (OPHC-NASDAQ) Announces 2023 Full Year Results for OptimumBank (the “Bank”)

Fort Lauderdale, FL, Feb. 05, 2024 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc., (NASDAQ: OPHC) (the “Bank”) ended the year with net income of $13,808,107 before credit loss and tax expenses, or $7,254,285 including those expenses. At December 31, 2023, the Bank had shareholder equity amounting to $70 million. The Bank has been growing assets year over year and ended 2023 at $791,052,397, 35.53% larger than the prior year of $583,693,724. The Bank's loan portfolio increased 40.69% to $680,069,842 over the prior year of $483,382,801. The Bank's secured lending limit has reached $18,749,670 and its unsecured lending limit to $11,249,802. These results are unaudited and do not reflect the consolidation of the Bank with its parent holding company, OptimumBank Holdings, Inc. Such consolidated results may be materially different than the Bank-only results reported above.

OptimumBank Holdings, Inc. (OPHC-NASDAQ) Announces 2023 Full Year Results for OptimumBank (the “Bank”)

OptimumBank Holdings, Inc. (OPHC-NASDAQ) Chairman Gubin's comments pertaining to the Board's Strategic Planning - “A successful roadmap for growing our Bank”

Fort Lauderdale, FL, Dec. 08, 2023 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc., (NASDAQ: OPHC) a (the “Company”) ended the month of October 2023 with assets exceeding $755.7 million, an increase of $43 million as compared to $712.7 million in the prior month. The net change in total assets was partially driven by a $26 million increase in net loans. Since the Company announced entry into Accounts Receivable Financing to Skilled Nursing Facilities at the end of last year, our SNF portfolio has grown to over $28MM. Additionally, since the Company announced seeking entry into the Small Business Administration (SBA) National Lending Program to provide loans to small and middle market companies, the Company is now approved for SBA Lending and has closed it first SBA Loan for $300,000 and has a pipeline of $15MM in various stages of loan underwriting and processing. Additionally, the Company intends to close in the area of $50MM of SBA loans in 2024. Core earnings are a non-GAPP financial measure used by management as an earnings measure to ascertain the profitability of the underlying business of the Company for the month of October 2023 has increased over the past ten months to $1,410,900 as compared to $963,215 reported for the month ended December 31, 2022.1

OptimumBank Holdings, Inc. (OPHC-NASDAQ) Chairman Gubin's comments pertaining to the Board's Strategic Planning - “A successful roadmap for growing our Bank”

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