Pinnacle Bankshares (OTCMKTS:PPBN) Releases Quarterly Earnings Results

Pinnacle Bankshares (OTCMKTS:PPBN) released its quarterly earnings results on Monday. The financial services provider reported $1.66 earnings per share (EPS) for the quarter, Zacks reports. Pinnacle Bankshares had a net margin of 23.60% and a return on equity of 13.78%.

Pinnacle Bankshares Stock Down 0.2%

Shares of OTCMKTS PPBN traded down $0.11 during trading on Monday, reaching $61.89. The company had a trading volume of 251 shares, compared to its average volume of 1,023. Pinnacle Bankshares has a 12-month low of $37.70 and a 12-month high of $68.87. The business’s 50-day moving average is $64.12 and its 200 day moving average is $57.91. The stock has a market cap of $133.68 million, a PE ratio of 8.88 and a beta of 0.28.

About Pinnacle Bankshares

Pinnacle Bankshares Corporation is a bank holding company headquartered in Altavista, Virginia. Through its subsidiary, Pinnacle Bank, the company provides community banking services to individuals, families, farmers and businesses.

Pinnacle Bank’s products and services include checking and savings accounts, certificates of deposit, consumer loans, residential and commercial real estate financing, agricultural lending, commercial loans and other business banking solutions. The bank also provides digital banking, electronic payment and cash-management services.

Founded in 1900, Pinnacle Bank has developed a branch network serving communities in central and southern Virginia, including the areas surrounding Altavista, Bedford and Lynchburg.