American Bank (OTCMKTS:AMBK) Releases Earnings Results

Key Points

• American Bank reported an earnings per share (EPS) of $0.51 for the quarter, as per Zacks.
• The stock price remained flat at $15.60 with a market cap of $102.02 million and a P/E ratio of 8.81.
• A $0.14 dividend was recently paid, with a yield of 352.0% and a payout ratio of 31.64%.

American Bank (OTCMKTS:AMBK - ) announced its earnings results on Friday. The company reported $0.51 EPS for the quarter, Zacks reports.

American Bank Stock Performance

OTCMKTS AMBK remained flat at $15.60 during trading on Friday. The stock has a market cap of $102.02 million, a P/E ratio of 8.81 and a beta of 0.02. American Bank has a twelve month low of $14.07 and a twelve month high of $16.94. The stock's fifty day simple moving average is $15.73 and its two-hundred day simple moving average is $15.20.

American Bank Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, October 1st. Shareholders of record on Tuesday, September 16th were paid a $0.14 dividend. The ex-dividend date was Monday, September 15th. This represents a yield of 352.0%. American Bank's payout ratio is currently 31.64%.

About American Bank

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.