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

Quaint Oak Bancorp (OTCMKTS:QNTO) issued its quarterly earnings data on Monday. The financial services provider reported $0.60 EPS for the quarter, reports. The firm had revenue of $8.37 million for the quarter. Quaint Oak Bancorp had a net margin of 3.37% and a return on equity of 4.08%.

Quaint Oak Bancorp Price Performance

Shares of Quaint Oak Bancorp stock traded down $0.09 during midday trading on Wednesday, reaching $10.11. The company had a trading volume of 810 shares, compared to its average volume of 1,655. The stock has a fifty day simple moving average of $10.90 and a 200 day simple moving average of $11.61. Quaint Oak Bancorp has a 1-year low of $10.10 and a 1-year high of $18.25. The company has a current ratio of 1.14, a quick ratio of 1.04 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $26.49 million, a price-to-earnings ratio of 11.49 and a beta of 0.15.

Quaint Oak Bancorp Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, May 6th. Stockholders of record on Monday, April 22nd were paid a dividend of $0.13 per share. The ex-dividend date was Friday, April 19th. This represents a $0.52 annualized dividend and a dividend yield of 5.14%. Quaint Oak Bancorp’s dividend payout ratio (DPR) is currently 59.09%.

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.