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

Quaint Oak Bancorp (OTCMKTS:QNTO) issued its quarterly earnings results on Tuesday. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, Zacks reports. Quaint Oak Bancorp had a net margin of 1.64% and a return on equity of 1.49%.

Quaint Oak Bancorp Price Performance

Shares of QNTO remained flat at $14.75 during trading hours on Tuesday. 1,600 shares of the stock traded hands, compared to its average volume of 134. Quaint Oak Bancorp has a 52 week low of $8.84 and a 52 week high of $17.59. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 0.39. The business’s fifty day simple moving average is $14.57 and its 200-day simple moving average is $15.07. The company has a market capitalization of $39.09 million, a price-to-earnings ratio of 50.86 and a beta of -0.05.

About Quaint Oak Bancorp

Quaint Oak Bancorp, Inc is the holding company for Quaint Oak Bank, a community bank headquartered in Southampton, Pennsylvania. Through its banking subsidiary, the company provides deposit, lending and other financial services to individuals, families and businesses in southeastern Pennsylvania.

Quaint Oak Bank offers checking, savings, money market and certificate of deposit accounts, along with online and mobile banking services. Its lending activities include residential mortgages, home equity loans, commercial real estate loans, construction financing and other business and consumer loans.

The institution traces its history to 1926 and has developed a branch network serving communities in the greater Philadelphia region, including parts of Bucks, Montgomery and surrounding counties.