Quaint Oak Bancorp Returns to Profitability in Q1, But Non-Performing Loans Rise and Deposits Decline
QNTO sits 99% above its 52-week low of $8.84 on light trading volume (0.2× avg).
Summary
Quaint Oak Bancorp returned to profitability in Q1 2026, but the quarter was marked by a significant increase in non-performing loans, a decrease in deposits, and a reduced dividend.
Key Events · Earnings and Guidance · QNTO
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Return to Profitability
The company reported net income of $166,000 ($0.06 EPS) for Q1 2026, a turnaround from a net loss of $83,000 ($0.03 EPS) in Q1 2025. This follows an 88.5% drop in net income for the full year 2025.
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Deteriorating Asset Quality
Non-performing loans increased by 34.3% to $9.9 million (1.87% of total loans) at March 31, 2026, up from $7.3 million (1.36% of total loans) at December 31, 2025.
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Deposit Outflows
Total deposits decreased by 5.3% to $565.4 million at March 31, 2026, from $597.3 million at December 31, 2025, attributed to increased competition for deposits.
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Dividend Cut
The quarterly cash dividend was reduced by 69.2% to $0.04 per share, down from $0.13 per share in Q1 2025.
Analysis · QNTO · Finance
Quaint Oak Bancorp reported a return to net income in Q1 2026, a significant improvement from a net loss in the prior year. This positive is driven by increased net interest income and a substantial reduction in the provision for credit losses. However, the report also reveals concerning trends: a notable increase in non-performing loans, a decrease in total deposits, and a significant cut in the quarterly dividend. The stock is currently trading near its 52-week high, which contrasts with the mixed financial signals, particularly the deteriorating asset quality and deposit outflows.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, QNTO was trading at $17.59 on OTC in the Finance sector, with a market capitalization of approximately $46.5M. The 52-week trading range was $8.84 to $17.59. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.