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American Bank (OTCMKTS:AMBK) Stock Price Up 6.9% - Here's What Happened

American Bank logo with Finance background

American Bank Incorporated (OTCMKTS:AMBK - Get Free Report)'s stock price shot up 6.9% during trading on Friday . The stock traded as high as $15.50 and last traded at $15.50. 100 shares were traded during trading, a decline of 56% from the average session volume of 225 shares. The stock had previously closed at $14.50.

American Bank Price Performance

The business has a 50-day moving average of $14.60 and a 200-day moving average of $14.92.

American Bank Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 2nd. Stockholders of record on Monday, December 16th were issued a $0.14 dividend. The ex-dividend date was Monday, December 16th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.61%.

About American Bank

(Get Free Report)

American Bank Incorporated operates as the bank holding company for American Bank that provides various banking products and services to consumer, business, institutional, and governmental customers. It accepts a range of interest-bearing checking and money market accounts, savings accounts, certificates of deposit, and individual retirement accounts.

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