Ottawa Bancorp (OTCMKTS:OTTW) Announces Earnings Results

Ottawa Bancorp (OTCMKTS:OTTW) announced its earnings results on Tuesday. The company reported ($0.04) earnings per share for the quarter, Zacks reports. Ottawa Bancorp had a net margin of 8.84% and a return on equity of 4.48%. The company had revenue of $3.32 million during the quarter.

Ottawa Bancorp Price Performance

Shares of OTCMKTS:OTTW opened at $19.35 on Thursday. The company’s fifty day moving average price is $18.98 and its 200-day moving average price is $16.19. The firm has a market capitalization of $44.51 million, a price-to-earnings ratio of 24.81 and a beta of 0.15. Ottawa Bancorp has a one year low of $14.00 and a one year high of $19.35. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.12 and a quick ratio of 1.12.

About Ottawa Bancorp

Ottawa Bancorp, Inc. is a bank holding company headquartered in Ottawa, Illinois. Through its subsidiary, Ottawa Savings Bank, the company provides banking and financial services to individuals, families, businesses and organizations in its local service area. Ottawa Savings Bank offers deposit products such as checking, savings and time deposit accounts, along with lending services that may include residential mortgages, home equity loans, commercial real estate and business loans, and consumer financing.