Ottawa Bancorp (OTCMKTS:OTTW) Posts Earnings Results

Ottawa Bancorp (OTCMKTS:OTTW) issued its quarterly earnings data on Friday. The company reported $0.21 earnings per share (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

Ottawa Bancorp stock remained flat at $14.00 during trading on Friday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.73. The company’s 50 day moving average is $14.42 and its 200 day moving average is $14.36. Ottawa Bancorp has a twelve month low of $10.82 and a twelve month high of $14.99. 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 Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Wednesday, December 4th were paid 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 yield of 3.14%. Ottawa Bancorp’s dividend payout ratio (DPR) is currently 244.44%.

About Ottawa Bancorp

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.