OptimumBank net income rises 51% to $11.32 million in first half FY26; net interest income climbs 42% to $27.89 million - OPHC News | RalliesOptimumBank net income rises 51% to $11.32 million in first half FY26; net interest income climbs 42% to $27.89 million
O
OPHC• First-half FY26 results
- OptimumBank posted net income of $11.32 million for the six months ended June 30, 2026, up 51%; basic EPS was $0.79.
- Net interest income climbed 42% to $27.89 million, as total interest income rose 35% to $41.18 million.
- Credit loss expense eased 16% to $733,000, while net interest income after credit loss expense increased 45% to $27.16 million.
- Noninterest income increased 39% to $4.27 million, helped by wire transfer and ACH fees plus gains on SBA loan sales.
- Noninterest expenses rose 39% to $16.39 million, driven by employee compensation and benefits, data processing fees, and other expenses.
MSFT
•
