Dacotah Banks (OTCMKTS:DBIN) Shares Down 5.7% – Here’s What Happened

Dacotah Banks, Inc. (OTCMKTS:DBIN)’s share price was down 5.7% during trading on Thursday . The company traded as low as $50.00 and last traded at $50.00. Approximately 80 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 1,001 shares. The stock had previously closed at $53.04.

Dacotah Banks Stock Performance

The business has a fifty day moving average of $49.11 and a 200-day moving average of $45.59. The company has a market capitalization of $597.62 million, a P/E ratio of 12.20 and a beta of -0.06.

Dacotah Banks (OTCMKTS:DBIN) last released its quarterly earnings data on Friday, August 7th. The company reported $1.15 earnings per share for the quarter. The business had revenue of $53.67 million for the quarter.

Dacotah Banks Company Profile

Dacotah Banks (OTCMKTS:DBIN) is a state-chartered, FDIC-insured community bank headquartered in Huron, South Dakota. Through its branch network in eastern South Dakota and western Minnesota, the bank offers a range of personal banking services, including checking and savings accounts, consumer lending and residential mortgage solutions. Online and mobile banking platforms complement these offerings with tools such as mobile deposit, electronic statements and bill pay.

On the commercial side, Dacotah Banks provides business and agricultural lending, treasury management, merchant services and cash management solutions.