Pinnacle Bankshares (OTCMKTS:PPBN) Releases Quarterly Earnings Results

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

Pinnacle Bankshares Stock Up 3.2 %

OTCMKTS PPBN traded up $1.01 during trading on Friday, reaching $33.00. 3,112 shares of the stock traded hands, compared to its average volume of 2,144. The stock's 50-day moving average price is $31.46 and its 200 day moving average price is $30.98. Pinnacle Bankshares has a fifty-two week low of $26.43 and a fifty-two week high of $33.00. The firm has a market cap of $73.16 million, a price-to-earnings ratio of 7.93 and a beta of 0.19.

Pinnacle Bankshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Friday, February 21st were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.03%. The ex-dividend date was Friday, February 21st. Pinnacle Bankshares's dividend payout ratio is 24.04%.

Pinnacle Bankshares Company Profile

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.