Ottawa Bancorp (OTCMKTS:OTTW) Issues Earnings Results

Ottawa Bancorp (OTCMKTS:OTTW) posted its quarterly earnings results on Thursday. The company reported $0.14 EPS for the quarter, Zacks reports. Ottawa Bancorp had a return on equity of 4.70% and a net margin of 10.21%.

Ottawa Bancorp Stock Performance

OTCMKTS OTTW opened at $14.71 on Friday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.10 and a quick ratio of 1.10. Ottawa Bancorp has a 1-year low of $13.80 and a 1-year high of $16.09. The firm has a market capitalization of $33.69 million, a P/E ratio of 18.62 and a beta of 0.06. The business’s 50-day simple moving average is $14.77 and its 200-day simple moving average is $15.20.

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.