Quaint Oak Bancorp amends Q3 earnings to reclassify OCH gain to discontinued ops

QUAINT OAK BANCORP, INC.

2024-Q3 EPS reported $0.47

Reclassification of OCH gain from continuing to discontinued ops for 9M ended Sep 30, 2024; no impact on net income or EPS.
Corrected continuing ops: total non-interest income $4.1M (2024) vs $3.1M (2023); net income $0.81M vs $1.49M.
Corrected discontinued ops: net income $0.41M vs loss ($0.61M); basic EPS $0.15 vs ($0.28).
Basic EPS from continuing ops $0.32 (2024) vs $0.68 (2023); diluted $0.32 vs $0.66.
No change to previously reported overall net income or earnings per share.

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