Date | Price Target | Rating | Analyst |
---|---|---|---|
5/23/2024 | $5.25 | Neutral | Compass Point |
Compass Point analyst Merrill Ross initiates coverage on OptimumBank Hldgs (NASDAQ:OPHC) with a Neutral rating and announces Price Target of $5.25.
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4 - OptimumBank Holdings, Inc. (0001288855) (Issuer)
4 - OptimumBank Holdings, Inc. (0001288855) (Issuer)
4 - OptimumBank Holdings, Inc. (0001288855) (Issuer)
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
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 [email protected] 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 Optim
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. The Company ended the quarter with total assets of $940 million, loans (net of allowance for credit losses) of $746 million, and tota
Compass Point initiated coverage of OptimumBank Holdings with a rating of Neutral and set a new price target of $5.25
EFFECT - OptimumBank Holdings, Inc. (0001288855) (Filer)
S-3 - OptimumBank Holdings, Inc. (0001288855) (Filer)
10-Q - OptimumBank Holdings, Inc. (0001288855) (Filer)
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