Ottawa Bancorp (OTCMKTS:OTTW) Announces Quarterly Earnings Results

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

Ottawa Bancorp Price Performance

Shares of OTCMKTS:OTTW opened at $14.00 on Friday. The firm has a 50 day simple moving average of $14.41 and a 200 day simple moving average of $14.36. The company has a market cap of $33.88 million, a price-to-earnings ratio of 77.78 and a beta of 0.35. Ottawa Bancorp has a one year low of $10.82 and a one year high of $14.99. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Investors of record on Wednesday, December 4th were issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 3.14%. The ex-dividend date was Wednesday, December 4th. 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.