American Business Bank (OTCMKTS:AMBZ – Get Free Report) announced its quarterly earnings data on Wednesday. The financial services provider reported $2.16 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $48.29 million during the quarter.
American Business Bank Price Performance
AMBZ remained flat at $70.00 during trading on Friday. 1,035 shares of the company’s stock traded hands, compared to its average volume of 2,732. The company has a 50-day moving average price of $72.16 and a 200-day moving average price of $71.53. American Business Bank has a fifty-two week low of $57.94 and a fifty-two week high of $73.77. The company has a market cap of $620.90 million, a price-to-earnings ratio of 10.00 and a beta of 0.30.
About American Business Bank
American Business Bank (OTCMKTS: AMBZ) is a commercial bank focused on serving privately owned businesses, professional practices and individual customers. The bank provides relationship-based banking services designed to address the lending, deposit and cash-management needs of small and middle-market businesses.
Its products and services include commercial and industrial loans, commercial real estate financing, lines of credit, Small Business Administration lending, business checking and savings accounts, treasury management and electronic banking services.
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