Quaint Oak Bancorp (OTCMKTS:QNTO) Issues Earnings Results

Quaint Oak Bancorp (OTCMKTS:QNTO) announced its earnings results on Thursday. The financial services provider reported $0.04 earnings per share for the quarter, reports. The business had revenue of $5.38 million for the quarter. Quaint Oak Bancorp had a return on equity of 4.89% and a net margin of 3.23%.

Quaint Oak Bancorp Price Performance

Shares of OTCMKTS QNTO opened at $10.61 on Friday. The firm has a market capitalization of $27.90 million, a P/E ratio of 10.72 and a beta of 0.15. The company has a quick ratio of 1.11, a current ratio of 1.12 and a debt-to-equity ratio of 0.96. The stock’s 50-day simple moving average is $10.94 and its two-hundred day simple moving average is $10.99. Quaint Oak Bancorp has a twelve month low of $10.10 and a twelve month high of $16.58.

Quaint Oak Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 5th. Shareholders of record on Monday, July 22nd will be paid a $0.13 dividend. The ex-dividend date is Monday, July 22nd. This represents a $0.52 dividend on an annualized basis and a yield of 4.90%. Quaint Oak Bancorp’s dividend payout ratio is currently 52.53%.

About Quaint Oak Bancorp

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.