Pinnacle Bank (OTCMKTS:PBNK) Releases Quarterly Earnings Results

Pinnacle Bank (OTCMKTS:PBNK) announced its earnings results on Thursday. The company reported $0.22 earnings per share (EPS) for the quarter, Zacks reports. Pinnacle Bank had a net margin of 10.76% and a return on equity of 5.22%.

Pinnacle Bank Price Performance

OTCMKTS:PBNK remained flat at $17.00 during trading hours on Thursday. 1,202 shares of the company traded hands, compared to its average volume of 2,022. The company’s 50 day simple moving average is $16.80 and its 200-day simple moving average is $18.49. The firm has a market cap of $101.49 million, a P/E ratio of 18.68 and a beta of 0.29. Pinnacle Bank has a twelve month low of $16.00 and a twelve month 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.