Recent Updates — QNTO
Quaint Oak Bancorp reported third-quarter net income of $635,000, or $0.24 per diluted share, a turnaround from the prior-year loss of $41,000. The company also announced its Board approved a program to repurchase up to $5 million of its 11% Senior Unsecured Notes due 2028. Quaint Oak Bancorp is a Pennsylvania-based financial services holding company operating Quaint Oak Bank.
The Board of Directors declared a quarterly cash dividend of $0.04 per share on the company's common stock, payable on November 9, 2026 to shareholders of record as of October 26, 2026. Quaint Oak Bancorp, Inc., a Financial Services Company, is the parent company for the Quaint Oak Family of Companies.
Quaint Oak Bancorp, Inc. reported second quarter 2026 net income of $481,000, or $0.18 per diluted share, a 76.8% increase from the prior year period's $272,000. Year-to-date earnings rose to $647,000, or $0.24 per share, more than tripling compared to $189,000 in 2025. The improvement was driven by a $760,000 reduction in interest expense as the company eliminated Federal Home Loan Bank borrowings and lower funding costs, partially offset by a decline in loan balances. Total assets decreased 6.7% to $630.3 million, while total deposits fell 7.8% to $550.8 million. Non-performing loans increased to $9.8 million, or 1.88% of net loans, from $7.3 million at year-end 2025. The company operates as a financial services holding company providing banking and mortgage services in Pennsylvania.
Quaint Oak Bancorp, Inc. declared a quarterly cash dividend of $0.04 per share on July 15, 2026. The dividend is payable on August 10, 2026, to shareholders of record as of July 27, 2026. Quaint Oak Bancorp, Inc. is a financial services company that operates as the holding company for Quaint Oak Bank and its related subsidiaries.