NetworkNewsBreaks – OptimumBank Holdings, Inc. (NYSE American: OPHC) Reached a 52-Week High on Record Earnings and Strong Growth Outlook
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.
NOTE TO INVESTORS: The latest news and updates relating to OPHC are available in the company’s newsroom at https://nnw.fm/OPHC
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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.
NOTE TO INVESTORS: The latest news and updates relating to OPHC are available in the company’s newsroom at https://nnw.fm/OPHC
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
