OptimumBank raises annual earnings estimate to $1.00-$1.15 per share after record Q2
OptimumBank said on its Q2 2026 earnings call script that it reported record quarterly net income of $6.66 million, or $0.28 per diluted share, and that it expects to raise its forward-looking annual earnings estimate to approximately $1.00 to $1.15 per share. The company also said it exchanged its Series B and Series C Convertible Preferred Stock into nonvoting common stock, which it said had minimal impact on dilution.
Key points
- Q2 2026 net income of $6.66 million, up 43% from the first quarter and 85% from the second quarter of 2025
- Diluted EPS of $0.28 for the quarter; the company cited a current quarterly run rate of approximately $0.28 per share
- Forward-looking annual earnings estimate raised to approximately $1.00 to $1.15 per share
- Net interest income of $14.7 million and net interest margin of 4.57% for the quarter
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.