Quaint Oak Bancorp (OTCMKTS:QNTO) Releases Earnings Results

by · The Markets Daily

Quaint Oak Bancorp (OTCMKTS:QNTO – Get Free Report) announced its quarterly earnings data on Tuesday. The financial services provider reported $0.24 earnings per share for the quarter, Zacks reports. Quaint Oak Bancorp had a return on equity of 1.49% and a net margin of 1.64%.

Quaint Oak Bancorp Stock Performance

Shares of OTCMKTS:QNTO remained flat at $14.75 on Tuesday. The stock had a trading volume of 1,600 shares, compared to its average volume of 134. The business has a 50 day simple moving average of $14.57 and a 200-day simple moving average of $15.07. Quaint Oak Bancorp has a 52-week low of $8.84 and a 52-week high of $17.59. The stock has a market capitalization of $39.09 million, a PE ratio of 50.86 and a beta of -0.05. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.10 and a quick ratio of 1.03.

About Quaint Oak Bancorp

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Quaint Oak Bancorp, Inc is the holding company for Quaint Oak Bank, a community bank headquartered in Southampton, Pennsylvania. Through its banking subsidiary, the company provides deposit, lending and other financial services to individuals, families and businesses in southeastern Pennsylvania.

Quaint Oak Bank offers checking, savings, money market and certificate of deposit accounts, along with online and mobile banking services. Its lending activities include residential mortgages, home equity loans, commercial real estate loans, construction financing and other business and consumer loans.

The institution traces its history to 1926 and has developed a branch network serving communities in the greater Philadelphia region, including parts of Bucks, Montgomery and surrounding counties.

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