American Business Bank (OTCMKTS:AMBZ – Get Free Report) saw unusually-strong trading volume on Monday. 81,982 shares changed hands during trading, an increase of 960% from the average daily volume of 7,737 shares. The stock last traded at $71.31 and had previously closed at $71.30.
American Business Bank Trading Up 0.4%
The stock’s 50-day moving average is $71.88 and its 200-day moving average is $71.81. The stock has a market cap of $631.16 million, a price-to-earnings ratio of 10.22 and a beta of 0.27.
American Business Bank (OTCMKTS:AMBZ – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The financial services provider reported $2.16 earnings per share for the quarter. The business had revenue of $48.29 million for the quarter.
American Business Bank Company Profile
American Business Bank is a California-based commercial bank focused on serving businesses and the people who own and operate them. It provides business banking services, including deposit accounts, commercial loans and cash-management solutions. The bank serves businesses primarily in Southern California, offering financing for needs such as working capital and commercial real estate, alongside services to support routine banking and payments. Founded in 1998, American Business Bank has built its business around relationship-based banking for small and midsize companies, professionals and entrepreneurs.
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