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Optimumbank Holdings ( (OPHC) ) has shared an announcement.
OptimumBank Holdings, Inc. showcased impressive financial results for Q3 2024, recording a net income spike to $3.3 million, a significant leap from the previous year’s $1.2 million. The bank’s strategy has resulted in a 51.5% surge in net interest income and a robust 26.1% growth in total deposits, indicating strong business expansion and effective asset utilization. With a promising rise in noninterest income and improved capital ratios, OptimumBank remains committed to sustaining its growth momentum and delivering value to its shareholders.
See more data about OPHC stock on TipRanks’ Stock Analysis page.