Quaint Oak Bancorp Past Earnings Performance
Past criteria checks 2/6
Quaint Oak Bancorp has been growing earnings at an average annual rate of 14.1%, while the Banks industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 24.7% per year. Quaint Oak Bancorp's return on equity is 5.3%, and it has net margins of 8.8%.
Key information
14.1%
Earnings growth rate
12.4%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 24.7% |
| Return on equity | 5.3% |
| Net Margin | 8.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Quaint Oak Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 34 | 3 | 27 | 0 |
| 31 Dec 23 | 33 | 2 | 27 | 0 |
| 30 Sep 23 | 32 | 2 | 26 | 0 |
| 30 Jun 23 | 38 | 5 | 26 | 0 |
| 31 Mar 23 | 39 | 6 | 25 | 0 |
| 31 Dec 22 | 41 | 8 | 24 | 0 |
| 30 Sep 22 | 41 | 9 | 24 | 0 |
| 30 Jun 22 | 37 | 8 | 22 | 0 |
| 31 Mar 22 | 35 | 8 | 21 | 0 |
| 31 Dec 21 | 30 | 6 | 19 | 0 |
| 30 Sep 21 | 26 | 5 | 17 | 0 |
| 30 Jun 21 | 22 | 5 | 15 | 0 |
| 31 Mar 21 | 19 | 4 | 13 | 0 |
| 31 Dec 20 | 17 | 3 | 11 | 0 |
| 30 Sep 20 | 15 | 3 | 10 | 0 |
| 30 Jun 20 | 14 | 3 | 10 | 0 |
| 31 Mar 20 | 14 | 2 | 9 | 0 |
| 31 Dec 19 | 13 | 2 | 9 | 0 |
| 30 Sep 19 | 13 | 2 | 9 | 0 |
| 30 Jun 19 | 13 | 2 | 8 | 0 |
| 31 Mar 19 | 12 | 2 | 8 | 0 |
| 31 Dec 18 | 12 | 2 | 8 | 0 |
| 30 Sep 18 | 12 | 2 | 8 | 0 |
| 30 Jun 18 | 11 | 2 | 8 | 0 |
| 31 Mar 18 | 11 | 2 | 8 | 0 |
| 31 Dec 17 | 11 | 1 | 7 | 0 |
| 30 Sep 17 | 10 | 2 | 7 | 0 |
| 30 Jun 17 | 10 | 2 | 6 | 0 |
| 31 Mar 17 | 9 | 1 | 6 | 0 |
| 31 Dec 16 | 9 | 1 | 6 | 0 |
| 30 Sep 16 | 9 | 1 | 6 | 0 |
| 30 Jun 16 | 8 | 1 | 6 | 0 |
| 31 Mar 16 | 8 | 1 | 5 | 0 |
| 31 Dec 15 | 8 | 1 | 5 | 0 |
| 30 Sep 15 | 8 | 1 | 5 | 0 |
| 30 Jun 15 | 8 | 1 | 5 | 0 |
| 31 Mar 15 | 7 | 1 | 5 | 0 |
| 31 Dec 14 | 7 | 1 | 5 | 0 |
| 30 Sep 14 | 7 | 1 | 5 | 0 |
| 30 Jun 14 | 6 | 1 | 4 | 0 |
| 31 Mar 14 | 6 | 1 | 4 | 0 |
| 31 Dec 13 | 6 | 1 | 4 | 0 |
| 30 Sep 13 | 6 | 1 | 4 | 0 |
| 30 Jun 13 | 6 | 1 | 4 | 0 |
Quality Earnings: QNTO has high quality earnings.
Growing Profit Margin: QNTO's current net profit margins (8.8%) are lower than last year (16%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: QNTO's earnings have grown by 14.1% per year over the past 5 years.
Accelerating Growth: QNTO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: QNTO had negative earnings growth (-51%) over the past year, making it difficult to compare to the Banks industry average (-14.2%).
Return on Equity
High ROE: QNTO's Return on Equity (5.3%) is considered low.