American Business Bank (OTCMKTS:AMBZ) Plans Dividend of $0.25

Key Points

• American Business Bank has announced a dividend of $0.25 per share, with the payment scheduled for September 17th to investors recorded by August 8th.
• The company's stock has experienced an increase of 1.0%, currently trading at $48.99, and has a market capitalization of $439.39 million.
• In its latest quarterly earnings report, American Business Bank reported earnings of $1.42 per share and revenue of $38.22 million.

American Business Bank (OTCMKTS:AMBZ - Get Free Report) announced a dividend on Friday, August 1st, investing.com reports. Investors of record on Friday, August 8th will be given a dividend of 0.25 per share by the financial services provider on Wednesday, September 17th. This represents a yield of 204.0%. The ex-dividend date of this dividend is Thursday, August 7th.

American Business Bank Price Performance

AMBZ traded down $0.28 during trading hours on Tuesday, reaching $48.91. 6,209 shares of the stock traded hands, compared to its average volume of 7,996. The firm's fifty day simple moving average is $44.92 and its two-hundred day simple moving average is $44.14. The company has a market cap of $438.72 million, a price-to-earnings ratio of 9.44 and a beta of 0.44. American Business Bank has a fifty-two week low of $34.43 and a fifty-two week high of $49.19.

American Business Bank (OTCMKTS:AMBZ - Get Free Report) last posted its quarterly earnings data on Thursday, July 24th. The financial services provider reported $1.42 EPS for the quarter. The company had revenue of $38.22 million for the quarter.

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.