OptimumBank (NASDAQ:OPHC) Coverage Initiated at StockNews.com

Posted by Donna Armstrong on Mar 15th, 2025

Research analysts at StockNews.com started coverage on shares of OptimumBank (NASDAQ:OPHC – Get Free Report) in a report issued on Thursday. The firm set a “hold” rating on the bank’s stock.

OptimumBank Price Performance

Shares of OPHC stock opened at $4.26 on Thursday. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $50.06 million, a price-to-earnings ratio of 3.23 and a beta of 0.36. The firm’s 50 day moving average is $4.55 and its 200-day moving average is $4.67. OptimumBank has a 1 year low of $4.00 and a 1 year high of $5.90.

Institutional Investors Weigh In On OptimumBank

Institutional investors and hedge funds have recently modified their holdings of the business. Geode Capital Management LLC raised its stake in shares of OptimumBank by 59.0% during the third quarter. Geode Capital Management LLC now owns 81,411 shares of the bank’s stock worth $372,000 after buying an additional 30,202 shares during the last quarter. Fourthstone LLC bought a new stake in shares of OptimumBank during the third quarter worth approximately $323,000. Dimensional Fund Advisors LP raised its stake in shares of OptimumBank by 4.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 66,086 shares of the bank’s stock worth $315,000 after buying an additional 2,611 shares during the last quarter. Renaissance Technologies LLC raised its stake in shares of OptimumBank by 17.1% during the fourth quarter. Renaissance Technologies LLC now owns 136,473 shares of the bank’s stock worth $650,000 after buying an additional 19,971 shares during the last quarter. Finally, Alliancebernstein L.P. raised its stake in shares of OptimumBank by 20.7% during the fourth quarter. Alliancebernstein L.P. now owns 360,691 shares of the bank’s stock worth $1,717,000 after buying an additional 61,971 shares during the last quarter. 7.43% of the stock is owned by institutional investors.

OptimumBank Company Profile

(Get Free Report)

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.