Jeff Cannon - OptimumBank Holdings Executive Vice President Chief Lending Officer

OPHC Stock  USD 4.18  0.17  4.24%   

President

Mr. Jeff Cannon is Executive Vice President, Chief Lending Officer of OptimumBank, of OptimumBank Holdings, Inc., Mr. Cannon is a experienced lender with 25 years of experience in the South Florida market. He has a proven track record in generating and maintaining client relationships in loan and deposit production, as well as managing professional and administrative staff. He previously served as Executive Vice President Commercial Banking Executive for CNL Bank in South Florida, and held senior lending positions at Regions Bank, South trust Bank N.A., First Union National Bank and Barnett Bank since 2012.
Age 53
Tenure 12 years
Professional MarksMBA
Address 2929 East Commercial Boulevard, Fort Lauderdale, FL, United States, 33308
Phone954 900 2800
Webhttps://www.optimumbank.com
Cannon received his BSBA degree in finance and real estate from Washington University located in St. Louis, Missouri and his MBA in finance from Florida Atlantic University located in Boca Raton, Florida. He is Series 79 and 63 Investment Banking and Florida Real Estate Sales Associate licensed.

OptimumBank Holdings Management Efficiency

At present, OptimumBank Holdings' Return On Capital Employed is projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.01, whereas Return On Equity is forecasted to decline to 0.09. At present, OptimumBank Holdings' Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 781.2 M, whereas Earning Assets are forecasted to decline to about 15.4 M. OptimumBank Holdings' management efficiency ratios could be used to measure how well OptimumBank Holdings manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 77.85 M in liabilities with Debt to Equity (D/E) ratio of 41.97, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist OptimumBank Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, OptimumBank Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like OptimumBank Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for OptimumBank to invest in growth at high rates of return. When we think about OptimumBank Holdings' use of debt, we should always consider it together with cash and equity.

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OptimumBank Holdings, Inc. operates as the bank holding company for OptimumBank that provides various consumer and commercial banking services to individuals and businesses. The company was founded in 2000 and is based in Fort Lauderdale, Florida. Optimumbank Hlds operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 38 people. OptimumBank Holdings (OPHC) is traded on NASDAQ Exchange in USA. It is located in 2929 East Commercial Boulevard, Fort Lauderdale, FL, United States, 33308 and employs 60 people. OptimumBank Holdings is listed under Regional Banks category by Fama And French industry classification.

Management Performance

OptimumBank Holdings Leadership Team

Elected by the shareholders, the OptimumBank Holdings' board of directors comprises two types of representatives: OptimumBank Holdings inside directors who are chosen from within the company, and outside directors, selected externally and held independent of OptimumBank. The board's role is to monitor OptimumBank Holdings' management team and ensure that shareholders' interests are well served. OptimumBank Holdings' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, OptimumBank Holdings' outside directors are responsible for providing unbiased perspectives on the board's policies.
John Clifford, Director
Lisa Corr, Assistant Lending
Thomas Procelli, Principal Executive Officer, COO, COO of Optimumbank, Executive VP of Optimumbank and Director of Optimumbank
Avi Zwelling, Director
Lesile Legg, Branch Operations
Frank Nelson, Senior Lending
Rosa Arias, Head Teller
Heng Chan, Director
Gene Babchick, Director Development
Jeffry Wagner, CFO, Executive VP, CFO of OptimumBank and Executive VP of OptimumBank
Joel Klein, Independent Director
Martin Schmidt, Director
Jeff Cannon, Executive Vice President Chief Lending Officer
Timothy Terry, CEO of Optimumbank and President of OptimumBank
Moishe Gubin, Independent Chairman of the Board

OptimumBank Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is OptimumBank Holdings a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether OptimumBank Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of OptimumBank Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Optimumbank Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Optimumbank Holdings Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in OptimumBank Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For information on how to trade OptimumBank Stock refer to our How to Trade OptimumBank Stock guide.
Note that the OptimumBank Holdings information on this page should be used as a complementary analysis to other OptimumBank Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for OptimumBank Stock analysis

When running OptimumBank Holdings' price analysis, check to measure OptimumBank Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OptimumBank Holdings is operating at the current time. Most of OptimumBank Holdings' value examination focuses on studying past and present price action to predict the probability of OptimumBank Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OptimumBank Holdings' price. Additionally, you may evaluate how the addition of OptimumBank Holdings to your portfolios can decrease your overall portfolio volatility.
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Is OptimumBank Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of OptimumBank Holdings. If investors know OptimumBank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about OptimumBank Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.551
Earnings Share
0.87
Revenue Per Share
3.194
Quarterly Revenue Growth
0.514
Return On Assets
0.0091
The market value of OptimumBank Holdings is measured differently than its book value, which is the value of OptimumBank that is recorded on the company's balance sheet. Investors also form their own opinion of OptimumBank Holdings' value that differs from its market value or its book value, called intrinsic value, which is OptimumBank Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because OptimumBank Holdings' market value can be influenced by many factors that don't directly affect OptimumBank Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between OptimumBank Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if OptimumBank Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OptimumBank Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.