# OptimumBank Targets $48 Million to $50 Million Pretax Pre-Provision Earnings Run Rate

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/57081
Published: 2026-11-14T00:00:37.000Z
Updated: 2026-11-14T00:00:37.000Z
Section: Business

> CEO Moishe Gubin called third-quarter net income of about $7.2 million a record. The bank is also pursuing a HUD license targeted for 2027.

Management at OptimumBank Holdings, Inc. is targeting an annual pretax, pre-provision earnings run rate of $48 million to $50 million while pursuing a Department of Housing and Urban Development (HUD) license targeted for 2027.

Third-quarter net income was about $7.2 million. CEO Moishe Gubin described it as a record. Net interest income reached $16.8 million, while net interest margin expanded to 4.63%.