OptimumBank anticipates asset sales will total $1.5B-$1.6B by the close of 2026 (August 12)
Clarification of Earnings Webcast: OptimumBank clarified statements made during its Q2 earnings webcast, where executives mistakenly projected total assets for 2025 instead of 2026.
Growth Trajectory: The bank is on track for strong annual growth between 25% to 30%, reaffirming its commitment to this trajectory.
Asset Projections: OptimumBank aims to exceed $1.2 billion in assets by the end of 2025 and projects total assets to reach between $1.5 billion and $1.6 billion by the end of 2026.
Strategic Plan: The company reiterated its strategic plan to build on current momentum and maintain sustained growth in the coming years.
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IBN Begins Coverage of OptimumBank Holdings Inc.
OptimumBank Holdings Inc. Announcement: OptimumBank has partnered with IBN to enhance its corporate communications and market presence, leveraging IBN's extensive distribution network to increase brand visibility and shareholder value.
Banking Services and Growth: OptimumBank, a community bank specializing in real estate and commercial lending, has achieved significant growth, reaching over $1 billion in assets and gaining Preferred Lender status with the SBA, while focusing on relationship-based banking and technology modernization.
OptimumBank to Present at the 2025 Sequire Investor Summit in Puerto Rico
OptimumBank Participation: OptimumBank will present at the Sequire Investor Summit 2025 from January 21st-23rd in San Juan, Puerto Rico, showcasing its growth and inviting investment interest from attendees.
Community Banking Focus: Founded in 2000, OptimumBank aims to provide traditional banking services with a focus on local customers in Florida, emphasizing lower fees and expertise in real estate and commercial lending.
