Quaint Oak Bancorp (OTCMKTS:QNTO) Issues Earnings Results

Quaint Oak Bancorp (OTCMKTS:QNTO) released its earnings results on Friday. The financial services provider reported $0.60 earnings per share for the quarter, Zacks reports. Quaint Oak Bancorp had a net margin of 4.27% and a return on equity of 5.76%.

Quaint Oak Bancorp Stock Performance

Shares of QNTO stock opened at $10.50 on Friday. The company has a market cap of $27.62 million, a P/E ratio of 8.65 and a beta of 0.13. The business has a 50 day moving average of $10.72 and a two-hundred day moving average of $10.69. Quaint Oak Bancorp has a 52 week low of $9.75 and a 52 week high of $12.50. The company has a quick ratio of 0.99, a current ratio of 1.10 and a debt-to-equity ratio of 0.56.

Quaint Oak Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Shareholders of record on Monday, January 27th will be issued a $0.13 dividend. The ex-dividend date is Monday, January 27th. This represents a $0.52 dividend on an annualized basis and a yield of 4.95%. Quaint Oak Bancorp’s dividend payout ratio is currently 53.06%.

Quaint Oak Bancorp Company Profile

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.