American Business Bank (OTCMKTS:AMBZ - Get Free Report) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $43.70 and traded as low as $40.33. American Business Bank shares last traded at $40.80, with a volume of 2,552 shares changing hands.
American Business Bank Price Performance
The firm has a fifty day simple moving average of $43.40 and a 200 day simple moving average of $43.29. The company has a market capitalization of $379.72 million, a price-to-earnings ratio of 9.05 and a beta of 0.47.
American Business Bank (OTCMKTS:AMBZ - Get Free Report) last issued its quarterly earnings data on Monday, April 28th. The financial services provider reported $1.27 EPS for the quarter.
American Business Bank Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, February 24th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date was Monday, February 24th. American Business Bank's dividend payout ratio is presently 21.55%.
About American Business Bank
(
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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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