StockNews.com began coverage on shares of OptimumBank (NASDAQ:OPHC – Free Report) in a research report report published on Thursday morning. The firm issued a hold rating on the bank’s stock.
Separately, Compass Point began 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 Stock Report on OptimumBank
OptimumBank Stock Performance
OptimumBank (NASDAQ:OPHC – Get Free Report) last released its earnings results 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 firm had revenue of $8.99 million for the quarter.
Institutional Trading of OptimumBank
A hedge fund recently bought a new stake in OptimumBank stock. EJF Capital LLC purchased a new stake in OptimumBank Holdings, Inc. (NASDAQ:OPHC – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 256,410 shares of the bank’s stock, valued at approximately $1,100,000. EJF Capital LLC owned 2.66% of OptimumBank as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds 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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