Pinnacle Bank (OTCMKTS:PBNK) Posts Quarterly Earnings Results

Pinnacle Bank (OTCMKTS:PBNK) issued its earnings results 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 trading hours on Thursday. The company’s stock had a trading volume of 380 shares, compared to its average volume of 3,957. Pinnacle Bank has a twelve month low of $16.00 and a twelve month high of $20.95. The firm has a market capitalization of $109.25 million, a PE ratio of 22.59 and a beta of 0.24. The firm’s 50-day moving average price is $17.56 and its 200 day moving average price is $17.44.

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.