American Business Bank (OTCMKTS:AMBZ) Announces Quarterly Earnings Results

American Business Bank (OTCMKTS:AMBZ) announced its earnings results on Monday. The financial services provider reported $1.27 earnings per share (EPS) for the quarter, Zacks reports.

American Business Bank Stock Up 0.4 %

AMBZ traded up $0.15 during trading on Monday, reaching $41.89. The stock had a trading volume of 490 shares, compared to its average volume of 8,183. The stock has a 50 day moving average of $43.46 and a two-hundred day moving average of $43.26. The firm has a market capitalization of $378.73 million, a price-to-earnings ratio of 9.03 and a beta of 0.47. American Business Bank has a 1-year low of $29.75 and a 1-year high of $46.99.

American Business Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, February 24th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, February 24th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.39%. American Business Bank’s dividend payout ratio is presently 21.55%.

American Business Bank Company Profile

American Business Bank, a California-chartered bank, provides banking products and services to small and medium-sized firms, non-profits, business executives, and professionals in Southern California. The company offers credit and depository; treasury management; asset-based lending; SBA lending; international banking comprising money transfers, import and export commercial letters of credit, standby letters of credit, documentary and clean collections, and foreign currency exchange services; and consulting and referral services.