Dacotah Banks (OTCMKTS:DBIN) Sets New 12-Month High – Still a Buy?

Dacotah Banks, Inc. (OTCMKTS:DBINGet Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as $51.00 and last traded at $51.00, with a volume of 5 shares trading hands. The stock had previously closed at $50.70.

Dacotah Banks Stock Up 10.7%

The company has a market capitalization of $623.27 million, a P/E ratio of 12.72 and a beta of -0.06. The company’s 50-day simple moving average is $47.59 and its 200 day simple moving average is $44.90.

Dacotah Banks (OTCMKTS:DBINGet Free Report) last released its quarterly earnings results on Friday, August 7th. The company reported $1.15 earnings per share for the quarter. The business had revenue of $53.67 million for the quarter.

Dacotah Banks Company Profile

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Dacotah Banks (OTCMKTS:DBIN) is a state-chartered, FDIC-insured community bank headquartered in Huron, South Dakota. Through its branch network in eastern South Dakota and western Minnesota, the bank offers a range of personal banking services, including checking and savings accounts, consumer lending and residential mortgage solutions. Online and mobile banking platforms complement these offerings with tools such as mobile deposit, electronic statements and bill pay.

On the commercial side, Dacotah Banks provides business and agricultural lending, treasury management, merchant services and cash management solutions.

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