Ottawa Bancorp (OTCMKTS:OTTW) Announces Earnings Results

Ottawa Bancorp (OTCMKTS:OTTW) announced its quarterly earnings results on Monday. The company reported $0.18 EPS for the quarter, Zacks reports. Ottawa Bancorp had a net margin of 9.05% and a return on equity of 4.04%.

Ottawa Bancorp Price Performance

Shares of OTTW stock traded down $0.09 during mid-day trading on Monday, reaching $15.51. The stock had a trading volume of 100 shares, compared to its average volume of 2,581. The company has a market cap of $35.52 million, a P/E ratio of 22.48 and a beta of 0.31. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.58. Ottawa Bancorp has a 12-month low of $13.60 and a 12-month high of $16.09. The business has a 50-day simple moving average of $15.73 and a 200 day simple moving average of $15.19.

Ottawa Bancorp Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, September 17th. Stockholders of record on Thursday, September 4th were given a dividend of $0.11 per share. This represents a dividend yield of 278.0%. The ex-dividend date was Wednesday, September 3rd. Ottawa Bancorp’s dividend payout ratio (DPR) is presently 63.77%.

Ottawa Bancorp Company Profile

Ottawa Bancorp, Inc operates as the bank holding company for OSB Community Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit.