Pinnacle Bankshares (OTCMKTS:PPBN) Releases Earnings Results

Pinnacle Bankshares (OTCMKTS:PPBN) issued its quarterly earnings data on Monday. The financial services provider reported $1.66 earnings per share (EPS) for the quarter, Zacks reports. Pinnacle Bankshares had a net margin of 23.60% and a return on equity of 13.78%.

Pinnacle Bankshares Stock Down 0.2%

OTCMKTS PPBN traded down $0.11 on Monday, hitting $61.89. The company’s stock had a trading volume of 200 shares, compared to its average volume of 1,023. The firm has a market cap of $133.68 million, a PE ratio of 8.88 and a beta of 0.28. The company’s 50-day moving average is $64.12 and its 200 day moving average is $57.91. Pinnacle Bankshares has a 1-year low of $37.70 and a 1-year high of $68.87.

About Pinnacle Bankshares

Pinnacle Bankshares Corporation is a bank holding company headquartered in Altavista, Virginia. Through its subsidiary, Pinnacle Bank, the company provides community banking services to individuals, families, farmers and businesses.

Pinnacle Bank’s products and services include checking and savings accounts, certificates of deposit, consumer loans, residential and commercial real estate financing, agricultural lending, commercial loans and other business banking solutions. The bank also provides digital banking, electronic payment and cash-management services.

Founded in 1900, Pinnacle Bank has developed a branch network serving communities in central and southern Virginia, including the areas surrounding Altavista, Bedford and Lynchburg.