NSTS Bancorp (NASDAQ:NSTS) Announces Earnings Results

NSTS Bancorp (NASDAQ:NSTS) issued its quarterly earnings data on Thursday. The company reported ($0.04) earnings per share (EPS) for the quarter, FiscalAI reports. NSTS Bancorp had a negative return on equity of 0.12% and a negative net margin of 0.72%.The business had revenue of $2.32 million for the quarter.

NSTS Bancorp Price Performance

Shares of NASDAQ:NSTS remained flat at $13.82 during midday trading on Thursday. The stock had a trading volume of 12,865 shares, compared to its average volume of 7,247. NSTS Bancorp has a fifty-two week low of $10.72 and a fifty-two week high of $13.84. The firm has a fifty day simple moving average of $13.78 and a 200 day simple moving average of $12.99.

Institutional Investors Weigh In On NSTS Bancorp

Large investors have recently bought and sold shares of the stock. Alliancebernstein L.P. increased its position in NSTS Bancorp by 0.6% during the third quarter. Alliancebernstein L.P. now owns 518,324 shares of the company’s stock worth $5,981,000 after buying an additional 3,022 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of NSTS Bancorp by 21.5% during the fourth quarter. Renaissance Technologies LLC now owns 17,497 shares of the company’s stock valued at $227,000 after acquiring an additional 3,097 shares during the last quarter. Longfellow Investment Management Co. LLC purchased a new stake in NSTS Bancorp during the 2nd quarter worth about $151,000. Finally, BlackRock Inc. acquired a new position in NSTS Bancorp in the 2nd quarter valued at about $223,000. Institutional investors and hedge funds own 23.70% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of NSTS Bancorp in a research note on Wednesday, July 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

About NSTS Bancorp

NSTS Bancorp, Inc operates as a savings and loan holding company for North Shore Trust and Savings that provides banking products and services in Illinois. The company offers interest-bearing and noninterest-bearing checking, money market, savings, and time deposit accounts; and one- to four-family residential mortgage, multi-family and commercial real estate mortgage, construction, home equity, and consumer loans. It operates through full-service banking offices in Lake County, Illinois; and one loan production office in Chicago.