Quaint Oak Bancorp Inc
Quaint Oak Bancorp, Inc. operates as the holding company for Quaint Oak Bank that provides banking products and services in Pennsylvania. It offers various deposit products, including money market, certificates of deposit, interest-bearing business checking accounts, non-interest-bearing business and consumer checking accounts, and savings accounts. The company also provides commercial real estat… Read more
Quaint Oak Bancorp Inc (QNTO) - Net Assets
Latest net assets as of September 2025: $52.17 Million USD
Based on the latest financial reports, Quaint Oak Bancorp Inc (QNTO) has net assets worth $52.17 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($677.13 Million) and total liabilities ($624.96 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $52.17 Million |
| % of Total Assets | 7.71% |
| Annual Growth Rate | 7.21% |
| 5-Year Change | 83.16% |
| 10-Year Change | 176.41% |
| Growth Volatility | 10.22 |
Quaint Oak Bancorp Inc - Net Assets Trend (2008–2024)
This chart illustrates how Quaint Oak Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Quaint Oak Bancorp Inc (2008–2024)
The table below shows the annual net assets of Quaint Oak Bancorp Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $52.62 Million | +2.04% |
| 2023-12-31 | $51.56 Million | +5.06% |
| 2022-12-31 | $49.08 Million | +32.98% |
| 2021-12-31 | $36.91 Million | +28.48% |
| 2020-12-31 | $28.73 Million | +10.89% |
| 2019-12-31 | $25.91 Million | +8.69% |
| 2018-12-31 | $23.84 Million | +7.44% |
| 2017-12-31 | $22.18 Million | +6.71% |
| 2016-12-31 | $20.79 Million | +9.21% |
| 2015-12-31 | $19.04 Million | +8.31% |
| 2014-12-31 | $17.57 Million | +3.47% |
| 2013-12-31 | $16.99 Million | +0.88% |
| 2012-12-31 | $16.84 Million | +7.27% |
| 2011-12-31 | $15.70 Million | +3.32% |
| 2010-12-31 | $15.19 Million | -12.63% |
| 2009-12-31 | $17.39 Million | +0.65% |
| 2008-12-31 | $17.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Quaint Oak Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 489.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $33.20 Million | 63.09% |
| Other Components | $19.42 Million | 36.91% |
| Total Equity | $52.62 Million | 100.00% |
Quaint Oak Bancorp Inc Competitors by Market Cap
The table below lists competitors of Quaint Oak Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Japan Vietnam Medical Instrument JSC
VN:JVC
|
$16.88 Million |
|
Penta Teknoloji Urunleri Dagitim Ticaret AS
IS:PENTA
|
$16.88 Million |
|
Hansol Homedec
KO:025750
|
$16.88 Million |
|
Kumpulan Kitacon Berhad
KLSE:5310
|
$16.89 Million |
|
PENGUIN INTL LTD.
F:O1U1
|
$16.86 Million |
|
Surge Copper Corp
OTCQB:SRGXF
|
$16.86 Million |
|
NETWORK-1 TECH.INC.DL-01
F:6LK
|
$16.85 Million |
|
Flux Power Holdings Inc
NASDAQ:FLUX
|
$16.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quaint Oak Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,491,000 to 52,617,000, a change of 4,126,000 (8.5%).
- Net income of 2,795,000 contributed positively to equity growth.
- Dividend payments of 1,338,000 reduced retained earnings.
- Share repurchases of 150,000 reduced equity.
- New share issuances of 2,567,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.79 Million | +5.31% |
| Dividends Paid | $1.34 Million | -2.54% |
| Share Repurchases | $150.00K | -0.29% |
| Share Issuances | $2.57 Million | +4.88% |
| Other Changes | $252.00K | +0.48% |
| Total Change | $- | 8.51% |
Book Value vs Market Value Analysis
This analysis compares Quaint Oak Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.54x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $10.72 | x |
| 2016-12-31 | $0.00 | $10.72 | x |
| 2017-12-31 | $11.55 | $10.72 | x |
| 2018-12-31 | $12.06 | $10.72 | x |
| 2019-12-31 | $13.05 | $10.72 | x |
| 2020-12-31 | $14.46 | $10.72 | x |
| 2021-12-31 | $17.35 | $10.72 | x |
| 2022-12-31 | $20.66 | $10.72 | x |
| 2023-12-31 | $20.15 | $10.72 | x |
| 2024-12-31 | $20.03 | $10.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quaint Oak Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.41%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 13.02x
- Recent ROE (5.31%) is below the historical average (7.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 2.96% | 10.13% | 0.06x | 5.12x | $-1.22 Million |
| 2009 | 2.80% | 8.55% | 0.06x | 5.40x | $-1.25 Million |
| 2010 | 4.42% | 11.53% | 0.06x | 6.72x | $-848.10K |
| 2011 | 3.36% | 8.99% | 0.05x | 6.96x | $-1.04 Million |
| 2012 | 5.83% | 13.35% | 0.06x | 6.97x | $-702.70K |
| 2013 | 4.13% | 9.02% | 0.06x | 7.50x | $-996.60K |
| 2014 | 7.07% | 13.38% | 0.06x | 8.86x | $-515.50K |
| 2015 | 6.68% | 15.84% | 0.04x | 9.67x | $-632.60K |
| 2016 | 7.21% | 16.25% | 0.04x | 10.40x | $-581.00K |
| 2017 | 6.61% | 13.30% | 0.05x | 10.80x | $-751.50K |
| 2018 | 8.41% | 16.36% | 0.05x | 11.39x | $-379.60K |
| 2019 | 9.56% | 18.16% | 0.05x | 11.68x | $-113.70K |
| 2020 | 11.30% | 18.55% | 0.04x | 16.85x | $372.20K |
| 2021 | 18.41% | 19.64% | 0.06x | 15.93x | $2.93 Million |
| 2022 | 17.55% | 18.24% | 0.05x | 17.69x | $3.38 Million |
| 2023 | 4.17% | 8.18% | 0.03x | 15.55x | $-2.83 Million |
| 2024 | 5.31% | 11.41% | 0.04x | 13.02x | $-2.47 Million |
Industry Comparison
This section compares Quaint Oak Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quaint Oak Bancorp Inc (QNTO) | $52.17 Million | 2.96% | 11.98x | $16.86 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |