Quaint Oak Bancorp (QNTO) Minority Interest (2021 - 2023)
Quaint Oak Bancorp (QNTO) posted quarterly Minority Interest of $3.1 million for Q4 2023, down 28.33% year-over-year from $4.3 million in Q4 2022, and up 18.0% quarter-over-quarter from $2.6 million in Q3 2023.
Quaint Oak Bancorp (QNTO) Minority Interest (2021 - 2023) Analysis & Trends
Quaint Oak Bancorp (QNTO) has reported Minority Interest for 3 consecutive years, with $3.1 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Minority Interest fell 28.33% year-over-year to $3.1 million; the TTM figure through Dec 2023 stood at $3.1 million (down 28.33% YoY), while the FY2023 annual figure was $3.1 million, down 28.33% from the prior year.
- Minority Interest rose to $3.1 million in Q4 2023 per QNTO's latest filing, from $2.6 million in the prior quarter.
- Across five years, Minority Interest topped out at $4.4 million in Q3 2022 and bottomed at $2.1 million in Q2 2021.
- Historically, Minority Interest has averaged $3.1 million across 3 years, with a median of $3.0 million in 2022.
- Annual changes were most pronounced in 2022 — Minority Interest surged 102.31% — and 2023, when it plunged 40.69%.
- Quaint Oak Bancorp's Minority Interest stood at $2.1 million in 2021, then soared by 102.31% to $4.3 million in 2022, then decreased by 28.33% to $3.1 million in 2023.
- Business Quant data shows QNTO's Minority Interest at $3.1 million in Q4 2023, $2.6 million in Q3 2023, and $3.0 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Quaint Oak Bancorp | 37.63 Mn | -7.04 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 3.07 Mn |
| Sep 30, 2023 | 2.61 Mn |
| Jun 30, 2023 | 3.00 Mn |
| Mar 31, 2023 | 4.14 Mn |
| Dec 31, 2022 | 4.29 Mn |
| Sep 30, 2022 | 4.39 Mn |
| Jun 30, 2022 | 3.49 Mn |
| Mar 31, 2022 | 3.02 Mn |
| Dec 31, 2021 | 2.12 Mn |
| Sep 30, 2021 | 2.25 Mn |
| Jun 30, 2021 | 2.12 Mn |
| Mar 31, 2021 | 2.20 Mn |