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.
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