Commonwealth Business Bank (OTCMKTS:CBBI – Get Free Report) announced its earnings results on Friday. The company reported $0.48 earnings per share for the quarter, Zacks reports.
Commonwealth Business Bank Stock Performance
CBBI traded up $0.01 on Friday, reaching $13.42. The company had a trading volume of 300 shares, compared to its average volume of 4,558. Commonwealth Business Bank has a 52-week low of $10.38 and a 52-week high of $14.24. The company has a market cap of $142.53 million, a price-to-earnings ratio of 7.29 and a beta of 0.13. The business has a 50 day simple moving average of $13.91 and a 200 day simple moving average of $12.74.
Commonwealth Business Bank Company Profile
Commonwealth Business Bank is a community-focused commercial bank that provides banking services to small and mid-sized businesses, professionals and individual customers. Its offerings include business and personal checking and savings accounts, commercial and real estate lending, lines of credit, residential mortgage loans and other traditional deposit and lending products.
The bank has historically emphasized relationship-based banking and service to business owners and local communities, including Korean American and other multicultural business communities.
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