NSTS Bancorp (NASDAQ:NSTS) Releases Quarterly Earnings Results

NSTS Bancorp (NASDAQ:NSTS) posted its quarterly earnings results on Thursday. The company reported ($0.04) earnings per share for the quarter, FiscalAI reports. NSTS Bancorp had a negative return on equity of 0.12% and a negative net margin of 0.72%.The business had revenue of $2.32 million for the quarter.

NSTS Bancorp Price Performance

NSTS traded up $0.05 during trading on Friday, reaching $13.87. The company had a trading volume of 436 shares, compared to its average volume of 9,180. The company has a market cap of $72.96 million, a P/E ratio of -693.15 and a beta of 0.22. NSTS Bancorp has a 12 month low of $10.72 and a 12 month high of $13.86. The business’s fifty day moving average price is $13.78 and its 200 day moving average price is $12.99.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of NSTS Bancorp in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Institutional Trading of NSTS Bancorp

Several hedge funds and other institutional investors have recently modified their holdings of the company. Renaissance Technologies LLC boosted its position in shares of NSTS Bancorp by 21.5% during the fourth quarter. Renaissance Technologies LLC now owns 17,497 shares of the company’s stock worth $227,000 after buying an additional 3,097 shares during the period. Alliancebernstein L.P. raised its position in NSTS Bancorp by 0.6% in the 3rd quarter. Alliancebernstein L.P. now owns 518,324 shares of the company’s stock valued at $5,981,000 after buying an additional 3,022 shares during the last quarter. BlackRock Inc. acquired a new stake in NSTS Bancorp in the 2nd quarter valued at approximately $223,000. Finally, Longfellow Investment Management Co. LLC bought a new stake in NSTS Bancorp in the 2nd quarter valued at approximately $151,000. Institutional investors and hedge funds own 23.70% of the company’s stock.

NSTS Bancorp Company Profile

NSTS Bancorp, Inc operates as a savings and loan holding company for North Shore Trust and Savings that provides banking products and services in Illinois. The company offers interest-bearing and noninterest-bearing checking, money market, savings, and time deposit accounts; and one- to four-family residential mortgage, multi-family and commercial real estate mortgage, construction, home equity, and consumer loans. It operates through full-service banking offices in Lake County, Illinois; and one loan production office in Chicago.