Pinnacle Bank (OTCMKTS:PBNK) Posts Earnings Results

Pinnacle Bank (OTCMKTS:PBNK) announced its earnings results on Thursday. The company reported $0.25 earnings per share (EPS) for the quarter, Zacks reports. Pinnacle Bank had a net margin of 9.61% and a return on equity of 4.58%.

Pinnacle Bank Price Performance

Shares of Pinnacle Bank stock remained flat at $18.30 on Thursday. 380 shares of the stock traded hands, compared to its average volume of 3,957. The firm has a 50-day moving average of $17.56 and a 200-day moving average of $17.44. The company has a market capitalization of $109.25 million, a PE ratio of 22.59 and a beta of 0.24. Pinnacle Bank has a 1-year low of $16.00 and a 1-year high of $20.95.

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.