StockNews.com initiated coverage on shares of OptimumBank (NASDAQ:OPHC – Free Report) in a research report report published on Monday morning. The firm issued 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.
View Our Latest Research Report on OptimumBank
OptimumBank Trading Up 0.2 %
OptimumBank (NASDAQ:OPHC – Get Free Report) last announced its earnings results on Monday, May 13th. The bank reported $0.31 earnings per share for the quarter. OptimumBank had a net margin of 16.43% and a return on equity of 10.53%. The company had revenue of $8.99 million during the quarter.
Hedge Funds Weigh In On OptimumBank
An institutional investor recently bought a new position in OptimumBank stock. EJF Capital LLC bought a new stake in OptimumBank Holdings, Inc. (NASDAQ:OPHC – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 quarter. Institutional investors own 7.43% of the company’s stock.
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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