| OptimumBank Holdings, Inc. Financial Performance for the First Quarter of 2025 |
Fort Lauderdale, Florida--(Newsfile Corp. - May 13, 2025) - OptimumBank Holdings, Inc. (NYSE American: OPHC) (the "Company") is a one-bank holding company and owns 100% of OptimumBank (the "Bank"). Today the Company reported robust financial performance for the quarter ended March 31, 2025. |
newsfilecorp.com |
2025-05-13 12:55:00 |
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| OptimumBank Celebrates Record Year and Bold Outlook at 2025 Annual Shareholder Meeting |
Fort Lauderdale, Florida--(Newsfile Corp. - May 2, 2025) - OptimumBank Holdings, Inc. (NYSE American: OPHC) held its Annual Shareholder Meeting on April 29, highlighting the strongest performance in the bank's close to 25-year history and laying out a strategic roadmap toward surpassing $1 billion in assets. Chairman Moishe Gubin, CEO Tim Terry, and the board addressed shareholders in a 30-minute virtual meeting, delivering record financial results and fielding audience questions on growth, technology, capital strategy, and digital innovation. |
newsfilecorp.com |
2025-05-02 12:55:00 |
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| OptimumBank Holdings, Inc. Reports Best Year in Company History; To Present Shareholder Deck Highlighting 23%+ Core ROAE at April 29, 2025 Annual Meeting |
Ft. Lauderdale, Florida--(Newsfile Corp. - April 28, 2025) - OptimumBank Holdings, Inc. (NYSE American: OPHC) announced today that it will hold its Annual Shareholder Meeting and Investor Day tomorrow, April 29, 2025, at 10:00 AM ET. The public is invited to attend virtually through this link: OptimumBank Shareholder Meeting Webcast Link The Bank will showcase the most successful year in its history, including a Core Return on Average Equity (ROAE) exceeding 23% for fiscal year 2024. |
newsfilecorp.com |
2025-04-28 12:55:00 |
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| OptimumBank Holdings, Inc. to Hold Annual Shareholder Meeting and Investor Day, on April 29, 2025 |
Ft. Lauderdale, Florida--(Newsfile Corp. - March 31, 2025) - OptimumBank Holdings, Inc. (NYSE American: OPHC), announced today that it will hold the Annual Shareholder Meeting and Investor Day, on Tuesday, April 29, 2025, 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. |
newsfilecorp.com |
2025-03-31 12:55:00 |
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| OptimumBank Achieves SBA Preferred Lender Status |
Fort Lauderdale, Florida--(Newsfile Corp. - February 18, 2025) - OptimumBank (NYSE American: OPHC) proudly announces that it has been designated as a Preferred Lender under the U.S. Small Business Administration (SBA) Preferred Lenders Program (PLP). This prestigious designation, the highest recognition an SBA lender can receive, streamlines the SBA loan approval process for OptimumBank, allowing the Bank to better serve small businesses across Florida and beyond. |
newsfilecorp.com |
2025-02-18 10:30:00 |
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| OptimumBank Holdings, Inc. Financial Performance for the Fourth Quarter of 2024 |
Fort Lauderdale, Florida--(Newsfile Corp. - February 5, 2025) - OptimumBank Holdings, Inc. (NYSE American: OPHC) (the "Company") is a one-bank holding company and owns 100% of OptimumBank (the "Bank"). Today the Company reported robust financial performance for the year ended, December 31, 2024. |
newsfilecorp.com |
2025-02-05 10:30:00 |
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| OptimumBank Holdings, Inc. (OPHC-NASDAQ) Announces Resignation of Board Member |
Fort Lauderdale, FL, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Board member Martin Schmidt has informed the boards of OptimumBank (the “Bank”), and OptimumBank Holding, Inc. (the “Company”), that he will resign from both boards, effective January 28, 2025. Mr. Schmidt will remain fully supportive of the continued success of the Bank and Company. |
globenewswire.com |
2025-02-04 13:05:00 |
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| OptimumBank to Present at the 2025 Sequire Investor Summit in Puerto Rico |
Ft. Lauderdale, FL, Jan. 16, 2025 (GLOBE NEWSWIRE) -- OptimumBank is proud to announce that it will be presenting at the upcoming Sequire Investor Summit 2025. The 2025 Edition of the Sequire Investor Summit is scheduled for January 21st-23rd, 2025, at Condado Vanderbilt Hotel in San Juan, Puerto Rico, and once again promises to offer an array of exciting opportunities for funds, companies, and investors. |
globenewswire.com |
2025-01-16 11:00:00 |
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| OPTIMUM BANKHOLDINGS TRANSFERS LISTING OF COMMON STOCK TO THE NYSE AMERICAN |
Fort Lauderdale, FL, Dec. 19, 2024 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (NASDAQ: OPHC) (“OptimumBank” or the “Company”) today announced today that it is transferring the listing of its common stock to the NYSE American from The Nasdaq Stock Market LLC (“Nasdaq”). |
globenewswire.com |
2024-12-19 11:00:00 |
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| OptimumBank Holdings, Inc. Financial Performance for the Third Quarter of 2024 |
Fort Lauderdale, FL, Nov. 08, 2024 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (NASDAQ: OPHC) (“OptimumBank” or the “Company”) today reported robust financial performance for the third quarter of 2024. For the three months ended September 30, 2024, the Company achieved net income of $3.3 million, or $0.34 per basic share and $0.32 per diluted share, compared to net income of $1.2 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. |
globenewswire.com |
2024-11-08 18:40:00 |
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| OptimumBank Holdings, Inc. Financial Performance for the Third Quarter of 2024 |
Fort Lauderdale, Florida--(Newsfile Corp. - November 8, 2024) - OptimumBank Holdings, Inc. (NASDAQ: OPHC) ("OptimumBank" or the "Company") today reported robust financial performance for the third quarter of 2024. For the three months ended September 30, 2024, the Company achieved net income of $3.3 million, or $0.34 per basic share and $0.32 per diluted share, compared to net income of $1.2 million, or $0.18 per basic and diluted share, for the same period in 2023. |
newsfilecorp.com |
2024-11-08 13:30:00 |
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| OptimumBank to Present at the LD Micro Main Event XVII |
Presentation on October 29, 2024 at 11:30 AM PT OptimumBank invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at LD Micro Main Event XVII 2024 | Sequire Events Los Angeles, California--(Newsfile Corp. - October 15, 2024) - OptimumBank (NASDAQ: OPHC), based in Ft. Lauderdale, FL focused on business and community banking across Florida, today announced that Moishe Gubin, Chairman of the Board, will present live at the 17th annual Main Event on October 29th, 2024 at 11:30 AM PST at the Luxe Sunset Boulevard Hotel. |
newsfilecorp.com |
2024-10-15 12:30:00 |
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| 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 . |
globenewswire.com |
2024-08-29 13:00:00 |
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| 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. |
globenewswire.com |
2024-08-06 14:00:00 |
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| 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 |
globenewswire.com |
2024-07-15 12:15:00 |
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| 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. |
globenewswire.com |
2024-05-23 12:45:00 |
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| 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. |
globenewswire.com |
2024-05-16 16:14:00 |
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| 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. |
globenewswire.com |
2024-03-12 18:55:00 |
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| Top 4 Financial Stocks Which Could Rescue Your Portfolio This Quarter - Meridian (NASDAQ:MRBK), Ares Comml Real Est (NYSE:ACRE) |
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. |
benzinga.com |
2024-02-22 09:24:31 |
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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. |
globenewswire.com |
2024-02-05 18:35:00 |
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| 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 |
globenewswire.com |
2023-12-08 12:13:00 |
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| OptimumBank Holdings, Inc. (OPHC-NASDAQ) Announces Third Quarter Earnings |
Fort Lauderdale, FL, Nov. 09, 2023 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (NASDAQ: OPHC) and subsidiary OptimumBank today announced the company's total assets increased by approximately $128 million to $713 million as of September 30, 2023 from $585 million at December 31, 2022, primarily due to increases in loans, cash and cash equivalents. The growth in assets was attributable to the success of the Company's efforts to increase loans that were funded by increased deposits from new customers. Net loans grew by $96 million to $574 million on September 30, 2023, from $477 million at December 2022. Deposits grew by approximately $110 million to $618 million on September 30, 2023, from $508 million at December 31, 2022. The Company has an available credit line of 158MM Federal Home Loan Bank and maintained advances at $10 million during the first nine month of 2023. The Company also has a $13.6 million advance with the Federal Reserve. Total stockholders' equity increased by approximately $4 million to $66 million on September 30, 2023, from $63 million as of December 31, 2022, primarily due to net earnings, proceeds from common stock sales and changes in unrealized loss on debt securities available for sale. |
globenewswire.com |
2023-11-09 20:18:00 |
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| 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, Oct. 06, 2023 (GLOBE NEWSWIRE) -- OptimumBank, a Florida banking corporation (the “Bank”) and wholly-owned subsidiary of OptimumBank Holdings, Inc., ended the third quarter of 2023 with assets exceeding $712 million. Relieved from certain regulatory constraints in 2019, the Board and Management created a Strategic Plan which provided the roadmap for growing the size and profitability of OptimumBank and developing strong and lasting customer relationships along the way. In the last five years beginning with $99.45 million in assets, the Board and Management have grown our Bank by $612 million in additional assets, predominantly with loyal customers having long term relationships with the Bank, its directors, or employees. Through September 30, 2023, the Bank's assets have grown close to $127 million. As the Bank grows, the Board and Management remain focused on maintaining our well capitalized status under regulatory guidelines, enhancing our reputation for consistent and stellar customer service, and performing better than most of our peers in many banking metrics. |
globenewswire.com |
2023-10-06 17:00:00 |
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| OptimumBank Holdings, Inc. (OPHC-NASDAQ) Announces Second Quarter Earnings |
Fort Lauderdale, FL, Aug. 10, 2023 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (NASDAQ: OPHC) and subsidiary OptimumBank today announced the company's total assets increased by approximately $47 million to $633 million as of June 30, 2023 from $585 million at December 31, 2022, primarily due to increases in loans, and cash and cash equivalents. The growth in assets was attributable to the success of the Company's efforts to increase loans and deposits from new customers. Net loans grew by $42 million to $519 million at June 30, 2023 from $477 million at December 31, 2022. Deposits grew by approximately $44 million to $552 million at June 30, 2023, from $477 million at December 31, 2022. The Company maintained the Federal Home Loan Bank advances at $10 million during the first six month of 2023. Total stockholders' equity increased by approximately $3 million to $66 million at June 30, 2023, from $63 million as of December 31, 2022, primarily due to net earnings, proceeds from common stock sales and changes in unrealized loss on debt securities available for sale. |
globenewswire.com |
2023-08-10 19:45:00 |
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| OptimumBank Holdings, Inc. (OPHC-NASDAQ) Announces Second Quarter Results for OptimumBank (the “Bank”) |
Summary of Results: |
globenewswire.com |
2021-08-13 13:00:00 |
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| OptimumBank Holdings, Inc. (OPHC-NASDAQ) Announces Successful Acquisition of Remaining TruPS |
Fort Lauderdale, FL, July 30, 2021 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (the “Company”), the parent company of OptimumBank, announced that it has successfully completed the acquisition of all of its remaining trust preferred securities (TruPS) pursuant to its previously announced exchange offer for the TruPS. |
globenewswire.com |
2021-07-30 20:05:00 |
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| OptimumBank Holdings, Inc. Announces Commencement of Exchange Offer for Trust Preferred Securities |
Fort Lauderdale, FL, June 07, 2021 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (OPHC-NASDAQ) (www.OptimumBank.com) (the “Company”), the parent company of OptimumBank, today announced that it has commenced a private offer to exchange (the “Exchange Offer”) its outstanding Trust Preferred Securities, upon the terms and subject to the conditions set forth in the confidential offering memorandum dated June 7, 2021 and related letter of transmittal (together, the “Offering Documents”). |
globenewswire.com |
2021-06-07 15:00:00 |
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| OptimumBank Holdings, Inc. (OPHC-NASDAQ) Chairman Comments from the Annual Shareholder Meeting held on May 25, 2021 |
Fort Lauderdale, FL., May 26, 2021 (GLOBE NEWSWIRE) -- OptimumBank Holdings, Inc. (OPHC-NASDAQ) I will begin my comments this year similar to last year's comments. I am grateful that we are all healthy and able to be here today. Most of us have seen major changes in our everyday lives. Most of us have lost friends and family members to the Corona Virus. We have seen the way business gets done in many industries change as well. We have also seen how the real estate market has been affected. At the Bank however, we have experienced little change in our operation. What has changed is the acceleration to meet our objectives. Last year, I said that I appreciated the confidence you have in me to lead our Board and help OptimumBank Holdings, Inc. (the “Company”) reach profitability and work towards reaching our singular goal of bringing shareholder returns, while safeguarding the Company's equity. Well, 2020 was the year that we finally reached a core profitability that we are so far past as of the end of the first quarter. Being that we are currently five (5) months into 2021, I wanted to discuss our first quarter numbers and compare some of the numbers to last year's end and last year's first quarter results. |
globenewswire.com |
2021-05-26 14:55:00 |
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