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Quaint Oak Bancorp, Inc. Declares Quarterly Cash Dividend

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SOUTHAMPTON, Pa., April 13, 2023 (GLOBE NEWSWIRE) -- Quaint Oak Bancorp, Inc. (OTCQB: QNTO) (the "Company"), the holding company for Quaint Oak Bank, announced today that its Board of Directors at their meeting on April 12, 2023, declared a quarterly cash dividend of $0.13 per share on the common stock of the Company payable on May 8, 2023, to the shareholders of record at the close of business on April 24, 2023.

Quaint Oak Bancorp, Inc., a Financial Services Company, is the parent company for the Quaint Oak Family of Companies. Quaint Oak Bank, a Pennsylvania-chartered stock savings bank and wholly-owned subsidiary of the Company, is headquartered in Southampton, Pennsylvania and conducts business through three regional offices located in the Delaware Valley, Lehigh Valley and Philadelphia markets. Quaint Oak Bank’s subsidiary companies include, Quaint Oak Abstract, LLC, Quaint Oak Insurance Agency, LLC, Quaint Oak Mortgage, LLC, Quaint Oak Real Estate, LLC, and Oakmont Commercial, LLC, a specialty commercial real estate financing company. All companies are multi-state operations with the exception of Quaint Oak Real Estate, LLC, which operates solely in Pennsylvania. Quaint Oak Bank also has a majority equity position in Oakmont Capital Holdings, LLC, a multi-state equipment finance company based in West Chester, Pennsylvania with a second significant facility located in Albany, Minnesota.

Statements contained in this news release which are not historical facts may be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like “believe,” “expect,” “anticipate,” “estimate” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.” We undertake no obligation to update any forward-looking statements.

Contact:
Quaint Oak Bancorp, Inc.
Robert T. Strong, President and Chief Executive Officer
(215) 364-4059


QUAINT OAK BANCORP INC

OTC:QNTO

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26.93M
1.40M
39.9%
Savings Institutions
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United States of America
Southampton

About QNTO

quaint oak is a community bank. we like to keep things simple. our goal is to help our customers build financial security through savings. we believe in building for a family’s needs and enjoyment. the warmth and security of home ownership, the achievement of a good education, the pleasure and relaxation of well-earned vacations… quaint oak is comprised of people. we are a community of individuals – employees, customers, and stockholders – that work and reside in our marketplace. through thoughtful communication, business expertise, and responsive customer care, we continually raise our own personal bar for serving our customers. we care about our customers and our communities. providing exceptional customer service is how we do business and is the driving motivation for each member of the quaint oak team. we are multicultural, multilingual members of our communities. our rich diversity is our strength. quaint oak employees are approachable, personable and knowledgeable. we encompass a