OptimumBank Holdings, Inc. Financial Performance for the Third Quarter of 2024
OptimumBank Holdings, Inc. (OPHC)
US:NASDAQ Investor Relations:
optimumbank.com/information-center/investor-relations
Company Research
Source: GlobeNewswire
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 million in the third quarter of 2023, primarily driven by a 44.9% rise in average interest-earning assets. ?Net interest margin increased to 3.96%, up from 3.79% in the third quarter of 2023, reflecting growth in average interest-earning assets and the impact of higher costs on interest-bearing de
Show less
Read more
Impact Snapshot
Event Time:
OPHC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
OPHC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
OPHC alerts
High impacting OptimumBank Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
OPHC
News
- OptimumBank Holdings, Inc. (NASDAQ: OPHC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- OptimumBank Holdings, Inc. Financial Performance for the Third Quarter of 2024 [Yahoo! Finance]Yahoo! Finance
- OptimumBank Holdings, Inc. (NASDAQ: OPHC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- OptimumBank Holdings, Inc. (NASDAQ: OPHC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- OptimumBank Holdings, Inc. (NASDAQ: OPHC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
OPHC
Sec Filings
- 11/8/24 - Form 8-K
- 11/8/24 - Form 10-Q
- 10/24/24 - Form 8-K
- OPHC's page on the SEC website