Ottawa Bancorp (OTCMKTS:OTTW) Posts Earnings Results

Ottawa Bancorp (OTCMKTS:OTTW) posted its earnings results on Thursday. The company reported $0.14 earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $2.99 million for the quarter. Ottawa Bancorp had a return on equity of 4.26% and a net margin of 9.15%.

Ottawa Bancorp Trading Down 1.5%

OTCMKTS:OTTW opened at $14.50 on Friday. The company has a 50-day moving average price of $14.76 and a 200-day moving average price of $15.19. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.41. The stock has a market cap of $33.21 million, a price-to-earnings ratio of 20.14 and a beta of 0.06. Ottawa Bancorp has a 12 month low of $13.80 and a 12 month high of $16.09.

Ottawa Bancorp Company Profile

Ottawa Bancorp, Inc (OTCMKTS:OTTW) is the bank holding company of Ottawa Savings Bank, a community-focused financial institution headquartered in Ottawa, Ohio. Operating under a mutual holding company structure, Ottawa Bancorp emphasizes personalized service, local decision-making and reinvestment in the communities it serves.

Through Ottawa Savings Bank, the company provides a broad range of retail and commercial banking products, including checking and savings accounts, certificates of deposit, consumer lines of credit and residential mortgage loans.