Pinnacle Bank (OTCMKTS:PBNK) Trading 0.3% Higher – Here’s What Happened

Pinnacle Bank (OTCMKTS:PBNK)’s stock price traded up 0.3% during trading on Friday . The company traded as high as $18.45 and last traded at $18.45. Approximately 1,800 shares traded hands during trading, an increase of 5% from the average daily volume of 1,716 shares. The stock had previously closed at $18.40.

Pinnacle Bank Stock Up 0.3%

The company has a market cap of $110.15 million, a P/E ratio of 22.78 and a beta of 0.26. The firm’s 50 day moving average is $17.08 and its two-hundred day moving average is $17.68.

Pinnacle Bank (OTCMKTS:PBNK) last announced its earnings results on Thursday, April 23rd. The company reported $0.22 EPS for the quarter. The firm had revenue of $8.82 million for the quarter. Pinnacle Bank had a return on equity of 4.58% and a net margin of 9.61%.

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.