Ottawa Bancorp (OTCMKTS:OTTW) Releases Quarterly Earnings Results

Ottawa Bancorp (OTCMKTS:OTTW) released its quarterly earnings results on Friday. The company reported $0.21 EPS for the quarter, Zacks reports. Ottawa Bancorp had a net margin of 2.75% and a return on equity of 1.12%.

Ottawa Bancorp Price Performance

Shares of OTTW remained flat at $14.00 during mid-day trading on Friday. The firm has a market capitalization of $33.88 million, a price-to-earnings ratio of 77.78 and a beta of 0.35. The firm’s 50-day moving average is $14.42 and its 200 day moving average is $14.36. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.14 and a quick ratio of 1.14. Ottawa Bancorp has a 52-week low of $10.82 and a 52-week high of $14.99.

Ottawa Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Stockholders of record on Wednesday, December 4th were issued a dividend of $0.11 per share. The ex-dividend date of this dividend was Wednesday, December 4th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.14%. Ottawa Bancorp’s dividend payout ratio (DPR) is presently 244.44%.

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.