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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/23/2024 | $5.25 | Neutral | Compass Point |
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. Key Financial Highlights: ●Net interest income for the third quarter of 2024 reached $8.962 million, a significant increase of 51.5% from $5.914 mil
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. This reflects significant growth in both earnings and profitability year-over-year.Key Financial Highlights:Net interest income for the third quarter of 2024 reached $8.962 million, a significant increase of 51.5% from $5.914 mill
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. Key Financial Highlights: Comparison of the Three-Month Periods Ended June 30, 2024, and 2023: Net interest income for
4 - OptimumBank Holdings, Inc. (0001288855) (Issuer)
4 - OptimumBank Holdings, Inc. (0001288855) (Issuer)
4 - OptimumBank Holdings, Inc. (0001288855) (Issuer)
Compass Point initiated coverage of OptimumBank Holdings with a rating of Neutral and set a new price target of $5.25
Fort Lauderdale, FL, May 11, 2022 (GLOBE NEWSWIRE) -- Heng Fai Ambrose Chan has informed the Boards of OptimumBank (the "Bank") and OptimumBank Holding, Inc. (the "Company") that he will resign from both Boards effective as of April 30, 2022. In his letter of resignation, Mr. Chan, who resides in Singapore, noted that he was regrettably stepping down due to the time difference and his workload. Mr. Chan served as a Director of the Bank and Company since June 2018. During his time on the Boards, Mr. Chan helped create a path for the Bank and Company to recover from legacy regulatory issues, leaving the Bank with a strong capital structure, explosive growth and a bright future. Over the pas
8-K - OptimumBank Holdings, Inc. (0001288855) (Filer)
10-Q - OptimumBank Holdings, Inc. (0001288855) (Filer)
8-K - OptimumBank Holdings, Inc. (0001288855) (Filer)
Compass Point analyst Merrill Ross initiates coverage on OptimumBank Hldgs (NASDAQ:OPHC) with a Neutral rating and announces Price Target of $5.25.
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. New York Community Bancorp, Inc. (NYSE:NYCB) On Jan. 31, New York Community Bancorp reported worse-than-expected fourth-quarter fin