Ottawa Bancorp (OTCMKTS:OTTW) Posts Quarterly Earnings Results

Ottawa Bancorp (OTCMKTS:OTTW) released its quarterly earnings data 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 Stock Performance

Shares of Ottawa Bancorp stock remained flat at $14.00 on Friday. The firm has a market cap of $33.88 million, a PE ratio of 77.78 and a beta of 0.35. Ottawa Bancorp has a 12 month low of $10.82 and a 12 month high of $14.99. The company’s fifty day moving average is $14.42 and its two-hundred 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 Announces Dividend

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