OptimumBank reports record Q2 net income of $6.7M, raises annual EPS guidance to $1.00–$1.15

Filed August 13, 2026 · Period ending August 13, 2026 · ~1 min read

Key Changes

• high

  Q2 2026 net income of $6.7M, up 43% from Q1 and 85% year-over-year; net interest income reached $14.7M; management raised annual EPS guidance to $1.00–$1.15 based on quarterly run rate of $0.28 per share.

  Exhibit 99.1 view on EDGAR →
• high

  Total assets surpassed $1.4B at June 30, 2026, up $401.8M year-over-year (28% CAGR since 2022); deposits grew $335.2M to $1.21B, funding the balance sheet expansion.

  Exhibit 99.1 view on EDGAR →
• high

  Chairman Moishe Gubin assumed CEO role in May 2026; Braden Smith joined as President to position the company for next growth phase while maintaining continuity.

  Exhibit 99.1 view on EDGAR →