Quaint Oak Bancorp (OTCMKTS:QNTO) Posts Quarterly Earnings Results

by · The Markets Daily

Quaint Oak Bancorp (OTCMKTS:QNTOGet Free Report) released its earnings results on Friday. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, Zacks reports. Quaint Oak Bancorp had a return on equity of 5.76% and a net margin of 4.27%.

Quaint Oak Bancorp Price Performance

QNTO remained flat at $10.56 during trading on Friday. Quaint Oak Bancorp has a 1-year low of $9.75 and a 1-year high of $12.50. The company has a market capitalization of $27.76 million, a PE ratio of 10.77 and a beta of 0.13. The company’s fifty day moving average price is $10.73 and its 200-day moving average price is $10.70. The company has a current ratio of 1.10, a quick ratio of 0.99 and a debt-to-equity ratio of 0.56.

Quaint Oak Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Monday, January 27th will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Monday, January 27th. This represents a $0.52 annualized dividend and a dividend yield of 4.93%. Quaint Oak Bancorp’s dividend payout ratio (DPR) is 53.06%.

Quaint Oak Bancorp Company Profile

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Quaint Oak Bancorp, Inc operates as the holding company for Quaint Oak Bank that provides banking products and services in Pennsylvania. It offers various deposit products, including money market accounts, certificates of deposit, interest and non-interest-bearing checking accounts for businesses and consumers, and savings accounts.

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