OPHC

EX-99.1

2 ex99-1.htm

EX-99.1

Exhibit 99.1

OptimumBank Holdings, Inc. Financial Performance for the Second Quarter of 2026

Fort Lauderdale, FL, July 24, 2026 — OptimumBank Holdings, Inc. (NYSE American: OPHC) (the “Company”) is a financial holding company and owns 100% of OptimumBank (the “Bank”), a Florida-chartered commercial bank, OptimumHUD Loans, LLC (d/b/a as OptimumFunding, LLC), a wholly owned non-bank Bridge and HUD-lender and OptimumFinance, LLC, a non-bank, wholly owned financing subsidiary. The Company is pleased to announce net income of $6.7 million, or $0.40 per basic share, and $0.28 per diluted share, for the second quarter of 2026, compared to $4.7 million, or $0.39 per basic share, and $0.20 per diluted share in the first quarter of 2026 and $3.6 million, or $0.31 per basic share, and $0.15 per diluted share, for the comparable quarter last year. For the six months ended June 30, 2026, net income was $11.3 million, or $0.79 per basic share, and $0.48 per diluted share, compared to net income of $7.5 million, or $0.64 per basic share, and $0.32 per diluted share, for the six months ended June 30, 2025. The increase of $3.8 million in net income for the six-month ended June 30, 2026, compared to the same period in 2025, was primarily driven by a $8.2 million improvement in net interest income and $1.2 million increase in noninterest income, partially offset by a $4.6 million increase in noninterest expenses and the corresponding increase in income tax expense. Diluted shares include the impact of the exchange of Series B and C preferred shares to nonvoting common stock that occurred during the second quarter of 2026.

The Company will host a webcast call to discuss the results of the second quarter of 2026 on August 13, 2026, at 1:00pm ET. Those interested in viewing the Company’s presentation are encouraged to register for the live Webcast, at the following link: https://events.q4inc.com/attendee/432597526/guest?t=1784670390505. Company management will also be available to respond to questions at the conclusion of the presentation.

The Company continued with strong growth throughout the second quarter of 2026. The gross loan portfolio increased by $126.2 million, or 11.6%, from March 31, 2026 to $1.2 billion at June 30, 2026. Total deposits increased by $121.2 million from March 31, 2026, totaling $1.2 billion at June 30, 2026, or 11.1% from the prior quarter. This also represents growth of $335.2 million in total deposits since June 30, 2025, or an increase of 38.1%.

Highlights for the Second Quarter of 2026

● Net income of $6.7 million, or $0.40 per basic share, and $0.28 per diluted share (“diluted EPS”) for the quarter-ended June 30, 2026.

● Return on Average Assets (“ROAA”) was 2.04% for the second quarter of 2026, compared to 1.56% in the first quarter of 2026 (both annualized).

●

Return on Average Equity (“ROAE”) was 20.34% for the second quarter of 2026, compared to 15.12% in the first quarter of 2026 (both annualized).

● Net interest margin was 4.57%, reflecting an 8 basis point increase from 4.49% in the first quarter of 2026.

● Total assets grew by $132.2 million to $1.4 billion from March 31, 2026.

● Total deposits increased by $121.2 million to $1.2 billion from March 31, 2026.

● Gross loans increased by $126.2 million during the quarter to $1.2 billion, compared to $1.1 billion at March 31, 2026.

● Total stockholders’ equity increased by $7.5 million to $134.4 million as of June 30, 2026, up from $126.9 million as of March 31, 2026, reflecting continued earnings retention.

During the second quarter, the Company successfully completed its previously announced leadership transition. Effective May 1, 2026, Moishe Gubin, who has served as Chairman of the Board for more than sixteen years, assumed the additional role of Chief Executive Officer. Having played a central role in the Company’s strategic direction, governance, and growth over the past decade and a half, Mr. Gubin brings deep institutional knowledge and a thorough understanding of the Bank’s operations, customers, and long-term objectives. At the same time, Braden R. Smith joined the Bank as President, while Timothy Terry retired following thirteen years of dedicated service and continues to support the orderly transition of responsibilities. Together, the Company’s experienced leadership team remains focused on executing its strategic growth initiatives and delivering long-term shareholder value.

“Our momentum continued to accelerate during the second quarter as we delivered another record quarter while executing on the strategic initiatives that position the Company for continued long-term growth,” said Chairman of the Board and Chief Executive Officer Moishe Gubin. “We delivered record quarterly earnings while continuing to generate exceptional loan and deposit growth, expand our net interest margin, and maintain strong credit quality. At the same time, we have begun executing on our strategy to expand

EX-99.1

2 ex99-1.htm

EX-99.1

Exhibit 99.1

OptimumBank Holdings, Inc. Financial Performance for the First Quarter of 2026

Fort Lauderdale, FL, April 24, 2026 — OptimumBank Holdings, Inc. (NYSE American: OPHC) (the “Company”) is a bank holding company and owns 100% of OptimumBank (the “Bank”), a Florida-chartered commercial bank, OptimumHUD Loans, LLC (d/b/a) as OptimumFunding, LLC, a wholly owned non-bank subsidiary, and OptimumFinance, LLC, a wholly owned non-bank, asset-based lending subsidiary. The Company is pleased to announce net income of $4.7 million, or $0.39 per basic share, and $0.20 per diluted share, for the first quarter of 2026. This compares to net income of $4.9 million, or $0.42 per basic share, and $0.21 per diluted share, for the fourth quarter of 2025, and $3.9 million net income, or $0.33 per basic share, and $0.17 per diluted share, for the comparable quarter last year. The increase of $0.8 million in net income for the first quarter of 2026, compared to the same period in 2025, was primarily driven by a $3.8 million improvement in net interest income and $0.6 million increase in noninterest income, partially offset by a $2.4 million increase in noninterest expenses and $0.9 million increase in credit loss expense and the corresponding increase in income tax expense.

The results of the first quarter of 2026 will be explored in greater depth on April 28, 2026, at 10:00am ET, as part of the annual shareholder meeting. Those interested in viewing the Company’s presentation are encouraged to register for the live Webcast, at the following link: https://events.q4inc.com/attendee/178187333/guest. Company management will also be available to respond to questions at the conclusion of the presentation.

The Company has demonstrated sustained growth throughout the first quarter of 2026. The gross loan portfolio increased by $132.1 million, or 13.8%, during the first quarter of 2026 to $1.09 billion. Total deposits increased by $161.1 million from December 31, 2025, totaling $1.09 billion at March 31, 2026, or 17.3% from the prior quarter. This also represents growth of $239.9 million in total deposits since March 31, 2025, or an increase of 28.1%.

Highlights for the First Quarter of 2026

● Net income of $4.7 million, or $0.39 per basic share, and $0.20 diluted earnings per share (“diluted EPS”).

● Return on Average Assets (“ROAA”) was 1.56% for the first quarter of 2026, compared to 1.77% in the fourth quarter of 2025 (both annualized).

● Net interest margin was 4.49%, reflecting a 10 basis point increase from 4.39% in the fourth quarter of 2025.

● Total assets grew by $157.1 million to $1.27 billion from December 31, 2025.

● Total deposits increased by $161.1 million to $1.09 billion from December 31, 2025.

● Gross loans increased by $132.1 million during the quarter to $1.09 billion, compared to $958.79 million at December 31, 2025.

● Total stockholders’ equity increased by $5.0 million to $126.9 million as of March 31, 2026, up from $121.9 million as of December 31, 2025, reflecting continued earnings retention.

● Return on Average Equity (“ROAE”) was 15.12% for the first quarter of 2026, compared to 16.23% in the fourth quarter of 2025 (both annualized).

“We entered 2026 building on the strongest year in our history, with continued momentum across all key areas of the business,” said Chairman of the Board Moishe Gubin. “As previously announced, 2026 is the year we begin executing on our expansion into new, financially related verticals that complement our banking operations. With the closing of our first loan through OptimumFinance in April, this next phase is now underway. Our sole focus remains on creating and delivering long-term shareholder value.”

Net interest income for the quarter-ended March 31, 2026 increased to $13.2 million, up by $1.3 million from the fourth quarter of 2025 and $3.8 million from the first quarter of 2025, supported by higher yields on loans and securities and lower costs on interest-bearing liabilities. The cost of interest-bearing liabilities was 3.26%, down by eight basis points from 3.34% in the fourth quarter, while interest-earning asset yields rose 17 basis points to 6.62%. The Company’s net interest margin rose 10 basis points to 4.49%, a reflection of disciplined loan and deposit pricing strategy, prudent liquidity management, and balance sheet optimization.

Noninterest income for the quarter-ended March 31, 2026 increased modestly to $1.8 million, or $0.1 million from the prior quarter, primarily driven by an increase in service charges and fees related to banking services. Noninterest expenses increased to $8.0 million, or $1.3 million from the fourth quarter, primarily relating to an increase in employee compensation expenses. The Company’s efficiency ratio was 53.5% for the first quarter of 2026, consistent with prudent cost management amid balance sheet expansion and associated revenue expansion.

Credit loss expense as of quarter-end

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

WASHINGTON,

D.C. 20549

FORM

8-K

CURRENT

REPORT

PURSUANT

TO SECTION 13 OR 15(d)

OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) February 2, 2026

OPTIMUMBANK

HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

Florida

001-42447

55-0865043

(State or other jurisdiction

of incorporation)

(Commission

file number)

(IRS

employer

identification no.)

2929 East Commercial Boulevard

33308

Ft. Lauderdale, Florida

(Zip Code)

(Address of principal executive offices)

(954) 776-2332

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities Registered pursuant to Section 12(b) of the Act:

Title of each class registered

Trading Symbol(s)

Name of exchange on which registered

Common Stock

OPHC

NYSE

American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1933 (§240.12b-2 of this chapter)

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

Item 7.01 Regulation FD Disclosure.

On February 2, 2026, OptimumBank Holdings, Inc. issued a press release describing its unaudited results of operations and financial condition for, and at the end of, the year ended December 31, 2025.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number

Exhibit Name

Filed Herewith

99.1

Press release dated February 2, 2026

*

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

*

The information in this report (including the exhibits) shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

OPTIMUMBANK

HOLDINGS, INC.

Date: February 2, 2026

By: /s/ Moishe Gubin

Moishe Gubin

Chairman of the Board of Directors