Potomac Bancshares (OTCMKTS:PTBS) Announces Quarterly Earnings Results

Potomac Bancshares (OTCMKTS:PTBS) released its quarterly earnings data on Monday. The company reported $0.53 earnings per share for the quarter, Zacks reports.

Potomac Bancshares Trading Up 1.3 %

Potomac Bancshares stock opened at $15.50 on Monday. The firm has a market cap of $64.25 million, a P/E ratio of 9.45 and a beta of 0.17. Potomac Bancshares has a 1-year low of $14.00 and a 1-year high of $17.00. The firm has a 50-day moving average of $15.42 and a 200-day moving average of $15.68.

Potomac Bancshares Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, May 1st will be given a $0.13 dividend. This is a boost from Potomac Bancshares’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.35%. Potomac Bancshares’s payout ratio is presently 31.71%.

Potomac Bancshares Company Profile

Potomac Bancshares, Inc operates as the bank holding company for Bank of Charles Town that provides various banking products and services to individuals and businesses. The company offers checking, savings, and individual retirement accounts; and certificates of deposit (CD). It also provides personal loans, including new and used vehicle, home equity, unsecured home improvement and personal, retail equipment, and lot loans, as well as loans secured by CD, and home equity lines of credit; commercial loans for building or office purchases, commercial real estate and construction, and production and administrative equipment purchases; lines of credit; mortgage, commercial, term, residential and commercial construction, commercial real estate, and agricultural loans; and credit and debit cards.