Ottawa Bancorp (OTCMKTS:OTTW) Issues Earnings Results

Ottawa Bancorp (OTCMKTS:OTTW) posted its quarterly earnings data on Monday. The company reported $0.18 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $2.88 million for the quarter. Ottawa Bancorp had a net margin of 9.05% and a return on equity of 4.04%.

Ottawa Bancorp Price Performance

Shares of OTTW opened at $15.51 on Wednesday. Ottawa Bancorp has a 1-year low of $13.60 and a 1-year high of $16.09. The stock has a market cap of $35.52 million, a PE ratio of 22.48 and a beta of 0.33. The firm has a 50-day simple moving average of $15.74 and a two-hundred day simple moving average of $15.21. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.13 and a quick ratio of 1.13.

Ottawa Bancorp Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, September 17th. Shareholders of record on Thursday, September 4th were given a dividend of $0.11 per share. The ex-dividend date was Wednesday, September 3rd. This represents a dividend yield of 278.0%. Ottawa Bancorp’s dividend payout ratio (DPR) is currently 55.70%.

Ottawa Bancorp Company Profile

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.