OptimumBank Holding, Inc. Financial Performance for the Second Quarter of 2024
Strong Financial Performance: OptimumBank Holdings, Inc. reported a net income of $3.5 million for Q2 2024, a significant increase from $1.3 million in Q2 2023, driven by a 56% rise in net interest income and a 19% growth in total deposits.
Growth in Loans and Deposits: The bank's gross loans increased by 12% to $761.1 million, while total deposits rose by 19% to $762.6 million, reflecting robust business growth and strong market position.
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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.






