Quaint Oak swings to Q1 FY26 profit of 166,000; net interest income rises 13.2% to 4.7 million
QUAINT OAK BANCORP INC QNTO | 0.00 |
- Quaint Oak Bancorp returned to profit in quarter ended March 31, 2026, posting net income of $166,000 versus net loss of $83,000 a year earlier.
- Net interest income rose 13.2% to $4.7 million, as interest expense fell 10% to $5.2 million.
- Non-performing loans climbed to $9.9 million, or 1.87% of total loans receivable, net of allowance for credit losses, from $7.3 million, or 1.36%, at Dec. 31, 2025.
- Total assets fell 4.8% to $643.2 million, while deposits dropped 5.3% to $565.4 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Quaint Oak Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000927089-26-000093), on May 15, 2026, and is solely responsible for the information contained therein.
