Quaint Oak Bancorp, Inc. Announces First Quarter Earnings [Yahoo! Finance]
QUAINT OAK BANCORP INC (QNTO)
NASDAQ:AMEX Investor Relations:
quaintoak.com/investors
Company Research
Source: Yahoo! Finance
Bank (the “Bank”), announced today net income for the quarter ended March 31, 2024 of $873,000, or $0.36 per basic and diluted share, compared to net income of $563,000, or $0.26 per basic and $0.25 per diluted share for the same period in 2023. Robert T. Strong, President and Chief Executive Officer stated, “I am pleased to report that net income for the three months ended March 31, 2024, was $873,000. This, when compared to net income for the same period of one year ago represents a 55.1% increase.” Mr. Strong added, “As previously reported, our intention to reduce investment in two of our subsidiary companies that had become less productive considering the Federal Reserve rate increases, has culminated in the sale of the Bank's 51.0% interest in Oakmont Capital Holdings, LLC. Additionally, we have exited our investment in Quaint Oak Real Estate, LLC with the transfer of that company's agents into another local active real estate agency. These actions will have the effect of eli
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Sec Filings
- 5/15/24 - Form 10-Q
- 5/6/24 - Form 8-K
- 4/19/24 - Form D/A
- QNTO's page on the SEC website