QUAINT OAK BANCORP, INC. ANNOUNCES SECOND QUARTER EARNINGS

August 1, 2024

Southampton, PA , Aug. 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 June 30, 2024 of $100,000, or $0.04 per basic and diluted share, compared to net income of $570,000, or $0.25 per basic and diluted share, net, for the same period in 2023. Net income for the six months ended June 30, 2024 of $973,000, or $0.39 per basic and diluted share, net, compared to net income of $1.1 million, or $0.51 per basic diluted share, net, for the same period in 2023.

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