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OptimumBank Holdings (OptimumBank Holdings) Equity-to-Asset : 0.09 (As of Dec. 2023)


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What is OptimumBank Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. OptimumBank Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $70.01 Mil. OptimumBank Holdings's Total Assets for the quarter that ended in Dec. 2023 was $791.25 Mil. Therefore, OptimumBank Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.

The historical rank and industry rank for OptimumBank Holdings's Equity-to-Asset or its related term are showing as below:

OPHC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02   Med: 0.06   Max: 0.11
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of OptimumBank Holdings was 0.11. The lowest was 0.02. And the median was 0.06.

OPHC's Equity-to-Asset is ranked better than
50.44% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs OPHC: 0.09

OptimumBank Holdings Equity-to-Asset Historical Data

The historical data trend for OptimumBank Holdings's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OptimumBank Holdings Equity-to-Asset Chart

OptimumBank Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.08 0.11 0.11 0.09

OptimumBank Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.10 0.10 0.09 0.09

Competitive Comparison of OptimumBank Holdings's Equity-to-Asset

For the Banks - Regional subindustry, OptimumBank Holdings's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OptimumBank Holdings's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, OptimumBank Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where OptimumBank Holdings's Equity-to-Asset falls into.



OptimumBank Holdings Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

OptimumBank Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=70.007/791.254
=0.09

OptimumBank Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=70.007/791.254
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


OptimumBank Holdings  (NAS:OPHC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


OptimumBank Holdings Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of OptimumBank Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


OptimumBank Holdings (OptimumBank Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2929 East Commercial Boulevard, Suite 303, Fort Lauderdale, FL, USA, 33308
OptimumBank Holdings Inc serves as a bank holding company for OptimumBank. The Bank provides a range of community banking services to individuals and corporate customers. Its services include demand interest-bearing and non-interest-bearing accounts, negotiable order of withdrawal account, money market deposit accounts, debit cards, and automated teller machines.
Executives
Moishe Gubin director 2929 E. COMMERCIAL BLVD, FORT LAUDERDALE FL 33308
Chan Heng Fai Ambrose director 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Jeffry T Wagner director 7667 N. WICKHAM RD, SUITE 516, MELBOURNE FL 32940
Norman Joseph Ginsparg director 3800 N 39 AVE, HOLLYWOOD FL 33021
Joel J. Klein director 2477 E. COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33308
Seth Gillman director 2477 E. COMMERCIAL BLVD, FORT LAUDERDALE FL 33308
Sam Borek director OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Thomas A Procelli officer: EXECUTIVE VICE PRESIDENT OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Wendy Mitchler director OPTIMUMBANK, 2477 EAST COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33308
Howard Zusman officer: Sr. VP-CLO, OptimumBank 2477 EAST COMMERCIAL BLVD, FORT LAUDERDALE FL 33308
Robert Acri director 2477 E. COMMERCIAL BOULEVARD, FORT LAUDERDALE FL 33308
David Krinsky director OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Albert J Finch director, officer: Chairman of the Board, CEO OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Richard L Browdy director, officer: President, CFO OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324
Irving P Cohen director OPTIMUMBANK, 10197 CLEARY BOULEVARD, PLANTATION FL 33324

OptimumBank Holdings (OptimumBank Holdings) Headlines