Quaint Oak Bancorp (OTCMKTS:QNTO) Issues Earnings Results

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

Quaint Oak Bancorp Stock Performance

Shares of 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 firm has a market capitalization of $39.09 million, a price-to-earnings ratio of 50.86 and a beta of -0.05. The company has a quick ratio of 1.03, a current ratio of 1.10 and a debt-to-equity ratio of 0.39. The company’s 50-day moving average price is $14.57 and its 200-day moving average price is $15.07. Quaint Oak Bancorp has a 52 week low of $8.84 and a 52 week high of $17.59.

Quaint Oak Bancorp Company Profile

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.