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Stock impact report

OptimumBank Holdings, Inc. (OPHC-NASDAQ) – BUILDING ON A NEW FOUNDATION

OptimumBank Holdings, Inc. (OPHC) 
Company Research Source: GlobeNewswire
Fort Lauderdale, FL, Oct. 03, 2019 (GLOBE NEWSWIRE) -- The last week of August saw the conclusion of several projects undertaken by the Board of OptimumBank (the “Bank”) the subsidiary of OptimumBank holdings (OPHC), and executive management of the Bank. Significantly, the Strategic Plan and forecast for 2019 through 2020 was completed and key objectives clarified. The Strategic Plan was notable since it is the first one since the removal of the consent decree and MOU which allowed for greater scope to be considered beyond increasing profitability. Special focus was given to increasing shareholder value, the introduction of new products and services, branch efficiency and locations, and enhanced mobile banking. With the Bank’s momentum in loan and deposit growth already evident, confidence is high that many of these longer-term objectives will be met. Specific Discussion points to address strategies mentioned above: Enhanced visibility and ease of access for the branchesMoving bra Show less Read more
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