Pinnacle Bank (OTCMKTS:PBNK) Releases Earnings Results

Pinnacle Bank (OTCMKTS:PBNK) issued its quarterly earnings data on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, Zacks reports. Pinnacle Bank had a return on equity of 4.58% and a net margin of 9.61%.

Pinnacle Bank Price Performance

Pinnacle Bank stock remained flat at $18.30 during midday trading on Thursday. The company had a trading volume of 380 shares, compared to its average volume of 3,957. The stock’s fifty day simple moving average is $17.56 and its two-hundred day simple moving average is $17.44. The company has a market cap of $109.25 million, a price-to-earnings ratio of 22.59 and a beta of 0.24. Pinnacle Bank has a 12-month low of $16.00 and a 12-month high of $20.95.

About Pinnacle Bank

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.