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Stock impact report

QUAINT OAK BANCORP, INC. ANNOUNCES THIRD QUARTER EARNINGS [Yahoo! Finance]

QUAINT OAK BANCORP INC (QNTO) 
NASDAQ:AMEX Investor Relations: quaintoak.com/investors
Company Research Source: Yahoo! Finance
Bank (the “Bank”), announced today net income for the quarter ended September 30, 2024 of $243,000, or $0.09 per basic and diluted share, compared to net loss of $255,000, or $(0.11) per basic and diluted share, net, for the same period in 2023. Net income for the nine months ended September 30, 2024 of $1.2 million, or $0.47 per basic and diluted share, net, compared to net income of $878,000, or $0.40 per basic and $0.39 per diluted share, for the same period in 2023. Robert T. Strong, President and Chief Executive Officer stated, “Our earnings for the quarter ended September 30, 2024, have improved over the same period of one year ago. Although we have not yet achieved our historic levels, this report signals a significant improvement. Similarly, our net income for the nine months ended September 30, 2024, registers a 38.5% improvement over the same period of one year ago.” Mr. Strong added, “We are pleased to have experienced significant improvement in non-interest income duri Show less Read more
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