Ottawa Bancorp (OTCMKTS:OTTW) Issues Earnings Results

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

Ottawa Bancorp Trading Up 0.3%

Shares of OTTW stock traded up $0.04 during trading on Thursday, hitting $14.71. 301 shares of the stock traded hands, compared to its average volume of 893. Ottawa Bancorp has a 52-week low of $13.80 and a 52-week high of $16.09. The firm’s fifty day moving average price is $14.77 and its 200-day moving average price is $15.20. The firm has a market capitalization of $33.69 million, a P/E ratio of 18.62 and a beta of 0.06. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.10 and a quick ratio of 1.10.

About Ottawa Bancorp

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.