Quaint Oak Bancorp Inc. (QNTO) Posts Earnings Results

Quaint Oak Bancorp Inc. (OTCMKTS:QNTO) released its quarterly earnings data on Wednesday. The financial services provider reported $0.30 EPS for the quarter, Bloomberg Earnings reports. Quaint Oak Bancorp had a net margin of 12.27% and a return on equity of 7.39%. The business had revenue of $2.98 million during the quarter.

Shares of Quaint Oak Bancorp (OTCMKTS:QNTO) remained flat at $13.20 during trading on Friday. The firm has a market cap of $24.62 million, a PE ratio of 16.73 and a beta of 0.25. Quaint Oak Bancorp has a 12-month low of $11.60 and a 12-month high of $14.00. The company has a 50-day moving average price of $12.79 and a 200-day moving average price of $12.95.

The business also recently announced a dividend, which will be paid on Monday, November 6th. Investors of record on Monday, October 23rd will be paid a $0.05 dividend. The ex-dividend date of this dividend is Friday, October 20th. Quaint Oak Bancorp’s payout ratio is presently 25.32%.

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About Quaint Oak Bancorp

Quaint Oak Bancorp, Inc is a holding company for Quaint Oak Bank. Quaint Oak Bank’s primary business consists of attracting deposits from the general public through a range of deposit programs and investing such deposits in residential, commercial real estate, multi-family, construction loans, home equity loans and commercial lines of credit secured by property in its market area.

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