The bank reported a Q2 GAAP EPS of $0.42 and net income doubling year-over-year to $1.0 million.
Ottawa Savings Bancorp posted a Q2 GAAP earnings per share of $0.42, aligning with its financial performance. Net income for the quarter reached $1.0 million, up from $0.5 million in the same period last year.
The company repurchased 1,202,370 shares of common stock through June 30, 2026, at an average price of $13.68 per share. This follows its ongoing stock buyback programs aimed at returning value to shareholders.
Year-over-year growth in net income reflects improved operational efficiency and stronger revenue streams during the quarter.