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Quaint Oak Bancorp Enters Consent Agreements with FDIC

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Quaint Oak Bancorp Enters Consent Agreements with FDIC

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Quaint Oak Bancorp ( (QNTO) ) has shared an update.

On May 15, 2025, Quaint Oak Bank, a subsidiary of Quaint Oak Bancorp, Inc., entered into consent agreements with the FDIC and the Pennsylvania Department of Banking and Securities. These agreements, resulting in Consent Orders, focus on improving the Bank’s Bank Secrecy Act compliance program following an examination based on 2023 financial data. The Orders, which do not impose fines or restrict activities, require the Bank to enhance its AML/CFT program and third-party risk management. The Bank has already taken significant steps to address these requirements, including establishing a Financial Crime Management Department and hiring new personnel.

Spark’s Take on QNTO Stock

According to Spark, TipRanks’ AI Analyst, QNTO is a Neutral.

Quaint Oak Bancorp’s overall stock score reflects its mixed financial performance with declining revenues and profitability. While the balance sheet shows improved leverage, the low equity ratio indicates potential vulnerabilities. The technical analysis suggests stability, but without a clear upward trend. The valuation is appealing due to a low P/E ratio and high dividend yield. The recent dividend announcement supports shareholder value, but strategic improvements are needed for long-term growth.

To see Spark’s full report on QNTO stock, click here.

More about Quaint Oak Bancorp

Average Trading Volume: 678

Technical Sentiment Signal: Strong Sell

Current Market Cap: $26.54M

For a thorough assessment of QNTO stock, go to TipRanks’ Stock Analysis page.

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