Pinnacle Bank (OTCMKTS:PBNK) Posts Quarterly Earnings Results

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

Pinnacle Bank Price Performance

Shares of PBNK traded down $0.25 during midday 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’s 50 day moving average is $19.22 and its 200 day moving average is $19.92. The firm has a market cap of $111.17 million, a PE 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.

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.