Ottawa Bancorp (OTCMKTS:OTTW) Posts Quarterly Earnings Results

Ottawa Bancorp (OTCMKTS:OTTW) released its earnings results on Thursday. The company reported $0.14 EPS for the quarter, Zacks reports. Ottawa Bancorp had a net margin of 10.21% and a return on equity of 4.70%.

Ottawa Bancorp Trading Up 0.3%

OTTW traded up $0.04 on Thursday, hitting $14.71. 301 shares of the company were exchanged, compared to its average volume of 893. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.10 and a current ratio of 1.10. Ottawa Bancorp has a 12 month low of $13.80 and a 12 month high of $16.09. The firm has a fifty day simple moving average of $14.77 and a two-hundred day simple moving average of $15.20. The stock has a market capitalization of $33.69 million, a PE ratio of 18.62 and a beta of 0.06.

Ottawa Bancorp Company Profile

Ottawa Bancorp, Inc (OTCMKTS:OTTW) is the bank holding company of Ottawa Savings Bank, a community-focused financial institution headquartered in Ottawa, Ohio. Operating under a mutual holding company structure, Ottawa Bancorp emphasizes personalized service, local decision-making and reinvestment in the communities it serves.

Through Ottawa Savings Bank, the company provides a broad range of retail and commercial banking products, including checking and savings accounts, certificates of deposit, consumer lines of credit and residential mortgage loans.