NSTS Bancorp (NASDAQ:NSTS) Posts Quarterly Earnings Results

NSTS Bancorp (NASDAQ:NSTS) issued its earnings results on Thursday. The company reported ($0.01) earnings per share (EPS) for the quarter, FiscalAI reports. NSTS Bancorp had a negative return on equity of 0.12% and a negative net margin of 0.72%.The business had revenue of $2.51 million for the quarter.

NSTS Bancorp Price Performance

Shares of NSTS Bancorp stock remained flat at $13.65 during trading on Friday. 34,918 shares of the company traded hands, compared to its average volume of 20,040. The firm’s 50-day simple moving average is $12.31 and its 200-day simple moving average is $12.09. NSTS Bancorp has a 12-month low of $10.72 and a 12-month high of $13.75. The company has a market cap of $71.81 million, a PE ratio of -682.16 and a beta of 0.19.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of NSTS Bancorp in a report on Friday, April 17th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, NSTS Bancorp presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in NSTS. Graham Capital Wealth Management LLC purchased a new position in NSTS Bancorp in the fourth quarter valued at $900,000. Renaissance Technologies LLC increased its holdings in NSTS Bancorp by 21.5% in the fourth quarter. Renaissance Technologies LLC now owns 17,497 shares of the company’s stock valued at $227,000 after buying an additional 3,097 shares in the last quarter. Finally, Alliancebernstein L.P. increased its holdings in NSTS Bancorp by 0.6% in the third quarter. Alliancebernstein L.P. now owns 518,324 shares of the company’s stock valued at $5,981,000 after buying an additional 3,022 shares in the last quarter. Hedge funds and other institutional investors own 23.70% of the company’s stock.

About NSTS Bancorp

NSTS Bancorp, Inc operates as a savings and loan holding company for North Shore Trust and Savings that provides banking products and services in Illinois. The company offers interest-bearing and noninterest-bearing checking, money market, savings, and time deposit accounts; and one- to four-family residential mortgage, multi-family and commercial real estate mortgage, construction, home equity, and consumer loans. It operates through full-service banking offices in Lake County, Illinois; and one loan production office in Chicago.