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American Bank (OTCMKTS:AMBK) Releases Quarterly Earnings Results

American Bank logo with Finance background

American Bank (OTCMKTS:AMBK - Get Free Report) posted its quarterly earnings results on Monday. The company reported $0.65 earnings per share for the quarter, Zacks reports. The firm had revenue of $8.67 million for the quarter.

American Bank Price Performance

Shares of AMBK stock traded up $0.50 during trading on Thursday, reaching $15.50. The company had a trading volume of 1,000 shares, compared to its average volume of 433. The firm's 50 day simple moving average is $14.86 and its two-hundred day simple moving average is $14.87. American Bank has a one year low of $14.07 and a one year high of $16.50. The company has a market capitalization of $101.37 million, a PE ratio of 8.76 and a beta of -0.01.

American Bank Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 17th were paid a $0.14 dividend. This represents a dividend yield of 3.77%. The ex-dividend date of this dividend was Monday, June 16th. American Bank's payout ratio is 37.84%.

American Bank Company Profile

(Get Free Report)

American Bank Incorporated operates as the bank holding company for American Bank that provides various banking products and services to consumer, business, institutional, and governmental customers. It accepts a range of interest-bearing checking and money market accounts, savings accounts, certificates of deposit, and individual retirement accounts.

Further Reading

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