Quaint Oak Bancorp (OTCMKTS:QNTO) Issues Quarterly Earnings Results

Quaint Oak Bancorp (OTCMKTS:QNTO) announced its quarterly earnings results on Tuesday. The financial services provider reported $0.24 EPS for the quarter, Zacks reports. Quaint Oak Bancorp had a net margin of 1.64% and a return on equity of 1.49%. The company had revenue of $7.42 million for the quarter.

Quaint Oak Bancorp Stock Performance

Shares of Quaint Oak Bancorp stock opened at $14.75 on Thursday. The company has a fifty day simple moving average of $14.55 and a 200-day simple moving average of $15.11. Quaint Oak Bancorp has a 12-month low of $8.84 and a 12-month high of $17.59. The company has a current ratio of 1.10, a quick ratio of 1.03 and a debt-to-equity ratio of 0.39. The stock has a market cap of $39.13 million, a price-to-earnings ratio of 50.86 and a beta of -0.05.

About Quaint Oak Bancorp

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.