Pinnacle Bankshares (OTCMKTS:PPBN) Issues Earnings Results

Key Points

• Pinnacle Bankshares reported a quarterly earnings per share of $1.21 and has a net margin of 16.43% with a return on equity of 12.07%.
• The company recently increased its quarterly dividend to $0.26 per share, yielding 3.12%, marking a boost from the previous dividend of $0.25.
• Pinnacle Bankshares' stock is currently trading at $33.30, reflecting its 1-year range of $28.05 to $33.75 and a market capitalization of $74.26 million.

Pinnacle Bankshares (OTCMKTS:PPBN - Get Free Report) announced its quarterly earnings data on Monday. The financial services provider reported $1.21 EPS for the quarter, Zacks reports. The firm had revenue of $12.15 million for the quarter. Pinnacle Bankshares had a return on equity of 12.44% and a net margin of 16.90%.

Pinnacle Bankshares Stock Performance

PPBN stock traded up $0.02 on Wednesday, hitting $33.02. The company had a trading volume of 100 shares, compared to its average volume of 399. Pinnacle Bankshares has a 12-month low of $28.05 and a 12-month high of $33.75. The stock's 50-day simple moving average is $33.19 and its 200 day simple moving average is $32.11. The company has a current ratio of 0.88, a quick ratio of 0.86 and a debt-to-equity ratio of 0.12. The stock has a market cap of $73.63 million, a price-to-earnings ratio of 7.44 and a beta of 0.34.

Pinnacle Bankshares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 6th. Stockholders of record on Friday, May 23rd were issued a dividend of $0.26 per share. This is an increase from Pinnacle Bankshares's previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.15%. Pinnacle Bankshares's dividend payout ratio is presently 24.59%.

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.