American Bank (OTCMKTS:AMBK) Stock Price Up 0.5% - Here's What Happened

American Bank Inc. (OTCMKTS:AMBK - Get Free Report)'s share price was up 0.5% during mid-day trading 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 Up 0.5%

The firm has a market capitalization of $97.58 million, a P/E ratio of 10.08 and a beta of -0.01. The company's 50 day moving average is $14.81 and its 200-day moving average is $14.84.

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

American Bank Announces Dividend

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

American Bank Company Profile

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.