Commonwealth Business Bank (OTCMKTS:CBBI) Issues Quarterly Earnings Results

Commonwealth Business Bank (OTCMKTS:CBBI) released its quarterly earnings results on Friday. The company reported $0.46 EPS for the quarter, Zacks reports.

Commonwealth Business Bank Trading Down 0.7%

OTCMKTS CBBI traded down $0.09 during trading hours on Friday, hitting $13.46. 1,424 shares of the company’s stock were exchanged, compared to its average volume of 5,410. The firm has a market cap of $142.54 million, a price-to-earnings ratio of 7.52 and a beta of 0.14. Commonwealth Business Bank has a 1-year low of $10.31 and a 1-year high of $13.60. The stock has a 50-day simple moving average of $12.24 and a 200 day simple moving average of $11.69.

About Commonwealth Business Bank

CBB Bancorp, Inc operates as the holding company for Commonwealth Business Bank that provides various commercial banking products and services to individuals and businesses in the United States. It offers checking, savings, money market, and certification of deposit accounts; SBA lending; business lines of credit; business term loans; business and commercial property loans; construction loans; and credit cards. The company also provides treasury management, and mobile and online banking services, as well as title and escrow services.