Quaint Oak Bancorp (OTCMKTS:QNTO) Trading 1.3% Higher – Still a Buy?

Posted by James Nelson on Dec 14th, 2024

Quaint Oak Bancorp, Inc. (OTCMKTS:QNTO – Get Free Report)’s stock price rose 1.3% during mid-day trading on Thursday . The stock traded as high as $11.19 and last traded at $11.19. Approximately 1,514 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 1,426 shares. The stock had previously closed at $11.05.

Quaint Oak Bancorp Stock Performance

The stock has a market capitalization of $29.46 million, a price-to-earnings ratio of 11.42 and a beta of 0.13. The company’s fifty day simple moving average is $11.02 and its 200 day simple moving average is $10.76. 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 (OTCMKTS:QNTO – Get Free Report) last posted its earnings results on Thursday, October 31st. The financial services provider reported $0.09 EPS for the quarter. The company had revenue of $5.46 million for the quarter. Quaint Oak Bancorp had a return on equity of 5.76% and a net margin of 4.27%.

Quaint Oak Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Monday, October 28th were given a dividend of $0.13 per share. The ex-dividend date was Monday, October 28th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.65%. Quaint Oak Bancorp’s payout ratio is 53.06%.

About Quaint Oak Bancorp

(Get Free Report)

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.