American Business Bank (OTCMKTS:AMBZ) Posts Quarterly Earnings Results

American Business Bank (OTCMKTS:AMBZ - Get Free Report) posted its earnings results on Monday. The financial services provider reported $1.27 earnings per share for the quarter, Zacks reports. The company had revenue of $36.33 million during the quarter.

American Business Bank Stock Up 0.1 %

AMBZ stock traded up $0.03 during mid-day trading on Friday, reaching $42.90. 20,200 shares of the stock traded hands, compared to its average volume of 8,029. The firm has a market capitalization of $387.86 million, a PE ratio of 9.25 and a beta of 0.47. The business has a 50-day moving average of $43.24 and a two-hundred day moving average of $43.34. American Business Bank has a 52 week low of $29.75 and a 52 week high of $46.99.

American Business Bank Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, June 17th. Investors of record on Thursday, May 8th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, May 7th. This represents a yield of 2.33%. American Business Bank's dividend payout ratio (DPR) is presently 21.55%.

American Business Bank Company Profile

American Business Bank, a California-chartered bank, provides banking products and services to small and medium-sized firms, non-profits, business executives, and professionals in Southern California. The company offers credit and depository; treasury management; asset-based lending; SBA lending; international banking comprising money transfers, import and export commercial letters of credit, standby letters of credit, documentary and clean collections, and foreign currency exchange services; and consulting and referral services.