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American Bank (OTCMKTS:AMBK) Trading Up 0.5% - Still a Buy?

American Bank logo with Finance background

Shares of American Bank Inc. (OTCMKTS:AMBK - Get Free Report) rose 0.5% on Wednesday . The company traded as high as $14.92 and last traded at $14.92. Approximately 1,000 shares traded hands during trading, an increase of 244% from the average daily volume of 291 shares. The stock had previously closed at $14.85.

American Bank Stock Performance

The stock has a market capitalization of $97.58 million, a PE ratio of 10.08 and a beta of -0.01. The stock has a 50-day moving average price of $14.82 and a two-hundred day moving average price of $14.85.

American Bank (OTCMKTS:AMBK - Get Free Report) last posted its quarterly earnings data on Wednesday, April 9th. The company reported $0.36 earnings per share for the quarter. The company had revenue of $7.39 million for the quarter.

American Bank Dividend Announcement

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

About American Bank

(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.

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