American Business Bank (OTCMKTS:AMBZ – Get Free Report) posted its earnings results on Thursday. The financial services provider reported $1.87 earnings per share for the quarter, Zacks reports. The company had revenue of $43.94 million during the quarter.
American Business Bank Price Performance
Shares of American Business Bank stock opened at $72.80 on Friday. The business has a 50-day moving average of $72.69 and a 200 day moving average of $70.84. American Business Bank has a 12 month low of $47.60 and a 12 month high of $73.77. The stock has a market capitalization of $646.46 million, a price-to-earnings ratio of 10.91 and a beta of 0.25.
About American Business Bank
American Business Bank (OTCMKTS:AMBZ) is a Southern California–based commercial bank that provides a broad range of financial services to small and mid-sized businesses. Headquartered in Irvine, California, the bank focuses on building long-term relationships with clients in industries such as real estate development, professional services, healthcare, technology, and manufacturing. Its regional footprint includes full-service offices across Los Angeles, Orange County, the Inland Empire, North County San Diego, and the Coachella Valley.
The bank’s core offerings encompass commercial real estate financing, construction and land development loans, equipment and vehicle financing, and working capital lines of credit.
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