QUAINT OAK BANCORP, INC. ANNOUNCES FOURTH QUARTER AND YEAR-END EARNINGS
Southampton, PA, Feb. 01, 2024 (GLOBE NEWSWIRE) — Quaint Oak Bancorp, Inc. (the “Company”) (OTCQB:QNTO), the holding company for Quaint Oak Bank (the “Bank”), announced today net income for the quarter ended December 31, 2023 of $1.1 million, or $0.49 per basic and diluted share, compared to net income of $1.2 million, or $0.58 per basic and $0.56 per diluted share for the same period in 2022. Net income for the year ended December 31, 2023 was $2.0 million, or $0.90 per basic and $0.89 per diluted share, compared to $7.9 million, or $3.85 per basic and $3.65 per diluted share for the same period in 2022.