Oxford Bank (OTCMKTS:OXBC) Posts Quarterly Earnings Results

Key Points

• Oxford Bank reported a quarterly earnings per share (EPS) of $1.13, reflecting its financial performance for the period.
• Following the earnings announcement, shares of Oxford Bank (OTCMKTS:OXBC) increased by 3.9%, reaching $35.00 in midday trading.
• The bank has a market capitalization of $86.45 million and a P/E ratio of 9.04, indicating its stock valuation relative to earnings.

Oxford Bank (OTCMKTS:OXBC - Get Free Report) posted its earnings results on Monday. The company reported $1.13 earnings per share (EPS) for the quarter, Zacks reports.

Oxford Bank Trading Up 3.9%

Shares of OTCMKTS OXBC traded up $1.30 during midday trading on Monday, hitting $35.00. The company's stock had a trading volume of 100 shares, compared to its average volume of 1,795. The business's 50 day moving average is $33.90 and its two-hundred day moving average is $34.26. The firm has a market cap of $86.45 million, a P/E ratio of 9.04 and a beta of 0.14. Oxford Bank has a 12-month low of $32.15 and a 12-month high of $35.01.

About Oxford Bank

Oxford Bank Corporation provides banking products and services to various customers in Michigan. Its deposit products include savings, checking, and individual retirement accounts, as well as certificates of deposit. The company's loan portfolio comprises home mortgage, home equity, auto, student, term, commercial real estate, and small business administration loans, as well as lines of credit.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.