Pinnacle Bank (OTCMKTS:PBNK) Posts Earnings Results

Pinnacle Bank (OTCMKTS:PBNK) announced its quarterly earnings data on Thursday. The company reported $0.05 EPS for the quarter, Zacks reports. Pinnacle Bank had a net margin of 16.62% and a return on equity of 8.37%. The business had revenue of $8.93 million for the quarter.

Pinnacle Bank Stock Down 1.3%

Pinnacle Bank stock traded down $0.25 during trading on Friday, hitting $18.75. The stock had a trading volume of 7,075 shares, compared to its average volume of 2,181. The stock has a market cap of $111.17 million, a price-to-earnings ratio of 21.80 and a beta of 0.24. Pinnacle Bank has a 1 year low of $17.16 and a 1 year high of $20.95. The stock’s 50 day moving average is $19.22 and its two-hundred day moving average is $19.92.

Pinnacle Bank Company Profile

Pinnacle Bank, a commercial bank, provides various depository and credit services in Santa Clara, San Benito, and Monterey counties. The company offers checking, savings, money market, sweep, and individual retirement accounts, as well as certificates of deposit and certificates of deposit account registry services. It also provides home equity lines of credit and single family home construction loans; and loans and lines of credit, letters of credit, commercial real estate, and government assisted loans, as well as credit cards.