OptimumBank Holdings (NYSE American: OPHC) the holding company for OptimumBank, reached a 52-week high as investors responded to record 2024 net income of $13.1 million and Core ROAE above 23 percent, achieved without credit losses over the past seven years. The company has surpassed $1 billion in total assets and expects to exceed $1.2 billion by the end of 2025, with projections of $1.5 to $1.6 billion by year-end 2026, supported by disciplined underwriting, Tier 1 capital well above regulatory minimums and no exposure to long-dated, low-yield bonds. OptimumBank’s rapid expansion of its SBA lending platform to Preferred Lender status, strategic investment in a new digital core system and continued discount valuation relative to peers further underscore what management views as an attractive long-term opportunity for shareholders.
About OptimumBank Holdings, Inc.
OptimumBank Holdings, Inc. is the corporate parent company of OptimumBank, formed in 2004. OptimumBank was founded in 2000 in Ft. Lauderdale, Florida. Our customers found a bank that is strongly service oriented with reasonable fees, unseen at larger financial institutions. OptimumBank is committed to supporting economic development and social progress through responsible banking and community partnerships. OptimumBank’s business and financial solutions include: Business Banking, Business Lending, SBA Lending Solutions, Treasury Management, and Personal Banking.
NOTE TO INVESTORS: The latest news and updates relating to OPHC are available in the company’s newsroom at https://ibn.fm/OPHC
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