American Business Bank (OTCMKTS:AMBZ - Get Free Report)'s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $44.50 and traded as low as $41.84. American Business Bank shares last traded at $41.84, with a volume of 295 shares trading hands.
American Business Bank Price Performance
The stock has a market capitalization of $375.83 million, a price-to-earnings ratio of 8.96 and a beta of 0.47. The business has a fifty day moving average of $44.17 and a 200-day moving average of $43.02.
American Business Bank (OTCMKTS:AMBZ - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $1.33 earnings per share (EPS) for the quarter.
American Business Bank Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, February 24th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend was Monday, February 24th. American Business Bank's dividend payout ratio is 21.55%.
American Business Bank Company Profile
(
Get Free Report)
American Business Bank, a California-chartered bank, provides banking products and services to small and medium-sized firms, non-profits, business executives, and professionals in Southern California. The company offers credit and depository; treasury management; asset-based lending; SBA lending; international banking comprising money transfers, import and export commercial letters of credit, standby letters of credit, documentary and clean collections, and foreign currency exchange services; and consulting and referral services.
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