OptimumBank: OptimumBank Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024

OptimumBank Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported net interest income was USD 8.96 million compared to USD 5.91 million a year ago. Net income was USD 3.3 million compared to USD 1.27 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to USD 0.18 a year ago. Diluted earnings per share from continuing operations was USD 0.32 compared to USD 0.18 a year ago. For the nine months, net interest income was USD 25.45 million compared to USD 16.57 million a year ago. Net income was USD 9.17 million compared to USD 3.73 million a year ago. Basic earnings per share from continuing operations was USD 1.02 compared to USD 0.52 a year ago. Diluted earnings per share from continuing operations was USD 0.98 compared to USD 0.52 a year ago.