American Business Bank (OTCMKTS:AMBZ - Get Free Report)'s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $43.24 and traded as low as $43.00. American Business Bank shares last traded at $43.00, with a volume of 277 shares.
American Business Bank Trading Up 0.2 %
The company has a market capitalization of $388.76 million, a price-to-earnings ratio of 9.27 and a beta of 0.41. The stock's 50 day moving average price is $43.23 and its 200 day moving average price is $43.43.
American Business Bank (OTCMKTS:AMBZ - Get Free Report) last posted its quarterly earnings results on Monday, April 28th. The financial services provider reported $1.27 earnings per share for the quarter. The company had revenue of $36.33 million during the quarter.
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 paid a $0.25 dividend. The ex-dividend date is 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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