Pinnacle Bank (OTCMKTS:PBNK) Issues Quarterly Earnings Results

Pinnacle Bank (OTCMKTS:PBNK) released its quarterly earnings results on Thursday. The company reported $0.05 EPS for the quarter, Zacks reports. The company had revenue of $8.93 million during the quarter. Pinnacle Bank had a return on equity of 8.37% and a net margin of 16.62%.

Pinnacle Bank Stock Down 1.3%

Shares of Pinnacle Bank stock traded down $0.25 during midday trading on Friday, hitting $18.75. The company had a trading volume of 7,075 shares, compared to its average volume of 2,181. The stock has a market cap of $111.17 million, a price-to-earnings ratio of 21.80 and a beta of 0.24. The company has a fifty day simple moving average of $19.22 and a 200 day simple moving average of $19.92. Pinnacle Bank has a 12-month low of $17.16 and a 12-month high of $20.95.

Pinnacle Bank Company Profile

Pinnacle Bank, a commercial bank, provides various depository and credit services in Santa Clara, San Benito, and Monterey counties. The company offers checking, savings, money market, sweep, and individual retirement accounts, as well as certificates of deposit and certificates of deposit account registry services. It also provides home equity lines of credit and single family home construction loans; and loans and lines of credit, letters of credit, commercial real estate, and government assisted loans, as well as credit cards.