American Business Bank (OTCMKTS:AMBZ - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $43.59 and traded as high as $47.46. American Business Bank shares last traded at $47.45, with a volume of 3,127 shares traded.
American Business Bank Stock Down 0.5%
The firm's 50-day moving average price is $43.28 and its two-hundred day moving average price is $43.62. The firm has a market capitalization of $421.12 million, a PE ratio of 9.83 and a beta of 0.41.
American Business Bank (OTCMKTS:AMBZ - Get Free Report) last released its earnings results on Monday, April 28th. The financial services provider reported $1.27 EPS for the quarter. The company had revenue of $36.33 million for the quarter.
American Business Bank Announces Dividend
The business also recently announced a dividend, which was paid on Tuesday, June 17th. Shareholders of record on Thursday, May 8th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, May 7th. This represents a yield of 2.33%. American Business Bank's dividend payout ratio (DPR) is currently 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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