Pinnacle Bank (OTCMKTS:PBNK) Stock Price Up 0.3% – What’s Next?

Pinnacle Bank (OTCMKTS:PBNK) shares were up 0.3% during mid-day trading on Tuesday . The stock traded as high as $18.53 and last traded at $18.50. Approximately 2,100 shares changed hands during trading, an increase of 84% from the average daily volume of 1,144 shares. The stock had previously closed at $18.45.

Pinnacle Bank Price Performance

The firm has a market cap of $110.44 million, a PE ratio of 26.43 and a beta of 0.24. The business’s 50 day moving average price is $18.25 and its 200 day moving average price is $17.39.

Pinnacle Bank (OTCMKTS:PBNK) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.25 earnings per share for the quarter. Pinnacle Bank had a net margin of 8.42% and a return on equity of 3.88%. The firm had revenue of $8.19 million for the quarter.

About Pinnacle Bank

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.