Pinnacle Bankshares (OTCMKTS:PPBN) Issues Earnings Results

Pinnacle Bankshares (OTCMKTS:PPBN) released its quarterly earnings results on Tuesday. The financial services provider reported $1.61 EPS for the quarter, Zacks reports. The firm had revenue of $17.22 million for the quarter. Pinnacle Bankshares had a net margin of 23.60% and a return on equity of 14.00%.

Pinnacle Bankshares Price Performance

PPBN stock opened at $59.87 on Thursday. The business has a fifty day moving average price of $54.84 and a 200 day moving average price of $49.92. Pinnacle Bankshares has a fifty-two week low of $33.00 and a fifty-two week high of $59.90. The stock has a market capitalization of $129.32 million, a price-to-earnings ratio of 8.59 and a beta of 0.27.

About Pinnacle Bankshares

Pinnacle Bankshares Corporation operates as the bank holding company for First National Bank that provides a range of commercial and retail banking products and services. The company accepts checking accounts, savings and time deposits, individual retirement accounts, certificates of deposit, and money market accounts. Its loan products include residential and commercial mortgage loans, home equity loans, consumer installment loans, agricultural loans, investment loans, small business loans, commercial lines of credit, and letters of credit.