American Business Bank (OTCMKTS:AMBZ - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $43.59 and traded as low as $42.94. American Business Bank shares last traded at $42.95, with a volume of 700 shares.
American Business Bank Stock Down 1.5%
The stock has a market cap of $381.46 million, a price-to-earnings ratio of 9.12 and a beta of 0.41. The stock's 50 day moving average price is $42.88 and its two-hundred day moving average price is $43.65.
American Business Bank (OTCMKTS:AMBZ - Get Free Report) last released its quarterly earnings results on Monday, April 28th. The financial services provider reported $1.27 EPS for the quarter. The firm had revenue of $36.33 million for the quarter.
American Business Bank Dividend Announcement
The business also recently disclosed a dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Thursday, May 8th will be issued a dividend of $0.25 per share. This represents a yield of 2.33%. The ex-dividend date is Wednesday, May 7th. American Business Bank's payout ratio is 20.92%.
About American Business Bank
(
Get Free Report)
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.
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