Investment analysts at StockNews.com assumed coverage on shares of OptimumBank (NASDAQ:OPHC – Get Free Report) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the bank’s stock.
Separately, Compass Point started coverage on OptimumBank in a report on Thursday, May 23rd. They set a “neutral” rating and a $5.25 price target on the stock.
Read Our Latest Research Report on OPHC
OptimumBank Price Performance
OptimumBank (NASDAQ:OPHC – Get Free Report) last issued its quarterly earnings data on Monday, May 13th. The bank reported $0.31 earnings per share (EPS) for the quarter. OptimumBank had a return on equity of 10.53% and a net margin of 16.43%. The business had revenue of $8.99 million during the quarter.
Institutional Trading of OptimumBank
A hedge fund recently bought a new stake in OptimumBank stock. EJF Capital LLC bought a new position in OptimumBank Holdings, Inc. (NASDAQ:OPHC – Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 256,410 shares of the bank’s stock, valued at approximately $1,100,000. EJF Capital LLC owned 2.66% of OptimumBank at the end of the most recent reporting period. 7.43% of the stock is currently owned by institutional investors.
About OptimumBank
OptimumBank Holdings, Inc operates as the bank holding company for OptimumBank that provides various consumer and commercial banking services to individuals and businesses. It accepts demand interest-bearing and noninterest-bearing, savings, money market, and NOW accounts, as well as time deposits, wire transfers, ACH services, and certificates of deposit.
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