Quaint Oak (QNTO) investor relations material

Executive summary

• Net income for Q4 2025 was $174,000 ($0.07/share), down from $1.6 million ($0.60/share) in Q4 2024; full-year 2025 net income was $322,000 ($0.12/share), down from $2.8 million ($1.08/share) in 2024.

• 2025 focused on technology and personnel investments, increasing non-interest expense by $2.2 million year-over-year.

• SBA loan originations doubled to $36.2 million in 2025, and the international correspondent banking business line moved from investment to activation.

• Oakmont Commercial pivoted to an originate-and-sell model, expected to boost fee income and capital efficiency.

Financial highlights

• Q4 2025 net income fell 89% year-over-year, mainly due to a $662,000 increase in non-interest expense and a $2.4 million drop in non-interest income.

• Full-year 2025 net income dropped 88.5% year-over-year, driven by a $2.8 million decrease in interest and dividend income, $2.2 million higher non-interest expense, and $997,000 lower non-interest income.

• Interest and dividend income for the year fell 6.5% due to lower average loan and deposit balances.

• Interest expense decreased $2.9 million (11.3%) year-over-year, mainly from lower money market and business checking balances, partially offset by higher certificate of deposit and FHLB borrowing costs.

• Non-interest income fell due to the absence of a $1.5 million gain from a 2024 sale-leaseback and lower loan sale gains.

• Non-interest expense rose due to higher professional fees, salaries, and technology investments.

Outlook and guidance

• Management expects results from the international correspondent banking business in 2026, with long-term investments positioning for growth.

• SBA lending momentum is strong, with operations normalized after a temporary government shutdown impact.

• The originate-and-sell model at Oakmont Commercial is anticipated to increase fee income and support capital ratios.