Quaint Oak Bancorp Posts Q2 Profit of 18c/Share, Reversing Prior Losses
QNTO sits 61% above its 52-week low of $8.84.
Summary
Quaint Oak Bancorp earned $0.18 per share in Q2 2026, a sharp turnaround from the prior year's loss and a continuation of the profitability seen in Q1. The result follows a Q1 marked by rising non-performing loans and deposit outflows, so this quarter's profit suggests stabilization. The Q2 net income rose on lower interest expense. With a market cap near $38M, the earnings represent a material positive signal for a thinly traded OTC stock. The next catalyst is the $0.04 dividend payable August 10, already announced.
At the time of this announcement, QNTO was trading at $14.25 on OTC in the Finance sector, with a market capitalization of approximately $37.7M. The 52-week trading range was $8.84 to $17.59. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.