About OptimumBank Holdings, Inc. - Common Stock (OPHC)
Optimumbank Holdings is a financial services company that primarily focuses on providing banking solutions through its subsidiary, Optimumbank. The bank offers a variety of services including personal and commercial banking, lending products, and deposit services. It aims to cater to the needs of both individual customers and businesses, promoting financial growth and stability within the communities it serves. The company emphasizes personalized service and community engagement, positioning itself as a reliable partner in fostering economic development. Read More
Fort Lauderdale, Florida--(Newsfile Corp. - November 8, 2024) - OptimumBank Holdings, Inc. (NASDAQ: OPHC) ("OptimumBank" or the "Company") today reported...
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.
FT. LAUDERDALE, Fla., Aug. 12, 2024 (GLOBE NEWSWIRE) -- OptimumBank (Nasdaq: OPHC), announced today that with four weeks until it holds its industry leading event, new participants have been added to the extraordinary roster. OptimumBank’s Virtual Banking Conference, is slated for Thursday, 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, bank balance sheet risks, and the concerns surrounding geopolitical headwinds. Those interested in viewing this live event can find detailed information and registration at this link: Virtual Banking Conference.
FT. LAUDERDALE, Fla., July 15, 2024 (GLOBE NEWSWIRE) -- OptimumBank (Nasdaq: OPHC), announced today that in collaboration with Moody's and Nasdaq, it will hold its upcoming milestone event, OptimumBank’s Virtual Banking Conference, slated for Thursday, September 12, 2024. The conference will be streamed live on the web, setting the stage as a premier gathering within the finance industry. Top-tier market experts will discuss the current US budget deficit, the direction of interest rates, inflationary and deflationary trends, bank balance sheet risks, and the concerns surrounding geopolitical headwinds. Interested participants can find detailed information and registration on the conference website.
OptimumBank Holdings, Inc. operates as the bank holding company for OptimumBank that provides various consumer and commercial banking services to individuals and businesses.
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. Lauderdale, Florida, as well as virtually by way of this Webcast Link, beginning at 10:00 am ET. If you are interested in attending, or participating virtually, please register at the link above or by emailing your contact information to Seth Denison at SDenison@OptimumBank.com and you will be provided with all of the necessary event details. For a copy of the Chairman of the Board's Letter to Shareholders, please visit Chairman's Letter.About OptimumBank Holdings, Inc.OptimumBank was founded in 2000 in Ft. Lauderdale, Florida. The bank focuses on traditional in-person banking with businesses and consumers residing in South Florida. Our customers found a bank that isn’t charging the exorbitant fees they were experiencing at the larger financial institutions, a bank having unmatched expertise in real estate and commercial lending. OptimumBank has seen explosive growth this decade, and we look to capitalize on our momentum in the coming months and years ahead. The Company is traded on the Nasdaq under the symbol “OPHC”.OptimumBank’s business and financial solutions include: Business Banking, Business Lending, SBA Lending Solutions, Treasury Management, and Personal Banking.Note Regarding Forward-Looking StatementsCertain statements in this press release are “forward-looking statements” within the meaning of the rules and regulations of the Private Securities Litigation and Reform Act of 1995. These statements are based on management’s current expectations and are subject to uncertainty and changes in circumstances. These statements are not guarantees of future results or occurrences and are subject to change, possibly materially. See “Note Regarding Forward-Looking Statements” and the sections entitled “Risk Factors” in the Company's filings with the Securities and Exchange Commission which are available on OptimumBank's website (Investor Relations - OptimumBank) and on the Securities and Exchange Commission’s website (www.sec.gov). Any forward-looking statements made by or on behalf of OptimumBank speak only as to the date they are made, and OptimumBank does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.SOURCE: OptimumBank Holdings, Inc.Investor Relations & Corporate Relations
OptimumBank invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.com
Fort Lauderdale, FL, Nov. 11, 2022 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc., (the “Company”) ended the third quarter of 2022 with a pre-tax income of $903,000, after a loan loss provision of $1,374,000. Total Assets are $544.8 million, and the loan portfolio increased this quarter to $438.1 million or by 23.9% over the prior quarter’s ending balance amount of $353.5 million. The third quarter net interest margin was 3.53%, down 51 basis points compared to the previous quarter. The loan portfolio growth during this quarter was funded by a higher percentage of interest-bearing liabilities at higher interest rates. Chairman Gubin stated “Overall, we had a solid third quarter, remain on target with our strategic planning and still performing better than most of our peers in most banking metrics.” Non-interest income, including service charges on deposit accounts and fees for other banking services, generated $692,000 this quarter. At September 30, 2022, deposits have grown to over $422.2 million.
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