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Pinnacle Bankshares (OTCMKTS:PPBN) Releases Earnings Results

Pinnacle Bankshares (OTCMKTS:PPBN) Releases  Earnings Results

Pinnacle Bankshares (OTCMKTS:PPBN - Get Free Report) announced its quarterly earnings data on Tuesday. The financial services provider reported $1.02 earnings per share for the quarter, Zacks reports. Pinnacle Bankshares had a return on equity of 12.48% and a net margin of 16.50%. The firm had revenue of $11.23 million for the quarter.

Pinnacle Bankshares Price Performance

PPBN traded up $0.50 during midday trading on Friday, reaching $33.50. 2,746 shares of the company's stock were exchanged, compared to its average volume of 2,158. The business's 50-day moving average price is $31.51 and its 200 day moving average price is $31.03. The stock has a market capitalization of $74.27 million, a PE ratio of 8.05 and a beta of 0.32. Pinnacle Bankshares has a 1-year low of $26.43 and a 1-year high of $33.50.

Pinnacle Bankshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Investors of record on Friday, February 21st were given a $0.25 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.00 annualized dividend and a dividend yield of 2.99%. Pinnacle Bankshares's dividend payout ratio is presently 23.64%.

About Pinnacle Bankshares

(Get Free Report)

Pinnacle Bankshares Corporation operates as the bank holding company for First National Bank that provides a range of commercial and retail banking products and services. The company accepts checking accounts, savings and time deposits, individual retirement accounts, certificates of deposit, and money market accounts.

Further Reading

Earnings History for Pinnacle Bankshares (OTCMKTS:PPBN)

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