Pinnacle Bank (OTCMKTS:PBNK) Stock Price Down 1.6% – What’s Next?

Pinnacle Bank (OTCMKTS:PBNK) shares dropped 1.6% during trading on Friday . The company traded as low as $16.75 and last traded at $16.75. Approximately 252 shares traded hands during trading, a decline of 78% from the average daily volume of 1,137 shares. The stock had previously closed at $17.02.

Pinnacle Bank Stock Down 1.6%

The firm has a market cap of $100.00 million, a price-to-earnings ratio of 20.68 and a beta of 0.27. The business has a 50 day moving average of $16.63 and a 200 day moving average of $18.15.

Pinnacle Bank (OTCMKTS:PBNK) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.22 EPS for the quarter. The business had revenue of $8.82 million for the quarter. Pinnacle Bank had a return on equity of 4.61% and a net margin of 9.61%.

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.