American Business Bank (OTCMKTS:AMBZ) Announces Quarterly Earnings Results

American Business Bank (OTCMKTS:AMBZ) issued its earnings results on Tuesday. The financial services provider reported $1.87 earnings per share for the quarter, Zacks reports.

American Business Bank Trading Up 5.4%

AMBZ traded up $3.50 during trading hours on Tuesday, hitting $68.00. The company’s stock had a trading volume of 9,203 shares, compared to its average volume of 24,691. The company has a 50-day simple moving average of $62.76 and a 200 day simple moving average of $56.41. The firm has a market capitalization of $603.84 million, a PE ratio of 12.19 and a beta of 0.31. American Business Bank has a fifty-two week low of $40.03 and a fifty-two week high of $68.00.

About American Business Bank

American Business Bank (OTCMKTS:AMBZ) is a Southern California–based commercial bank that provides a broad range of financial services to small and mid-sized businesses. Headquartered in Irvine, California, the bank focuses on building long-term relationships with clients in industries such as real estate development, professional services, healthcare, technology, and manufacturing. Its regional footprint includes full-service offices across Los Angeles, Orange County, the Inland Empire, North County San Diego, and the Coachella Valley.

The bank’s core offerings encompass commercial real estate financing, construction and land development loans, equipment and vehicle financing, and working capital lines of credit.