American Business Bank (OTCMKTS:AMBZ - Get Free Report) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $43.70 and traded as low as $40.33. American Business Bank shares last traded at $40.80, with a volume of 2,552 shares.
American Business Bank Trading Down 1.7 %
The company has a market cap of $368.87 million, a PE ratio of 8.79 and a beta of 0.47. The company has a fifty day simple moving average of $43.70 and a two-hundred day simple moving average of $43.14.
American Business Bank (OTCMKTS:AMBZ - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The financial services provider reported $1.33 EPS for the quarter.
American Business Bank Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, February 24th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend was Monday, February 24th. American Business Bank's dividend payout ratio is presently 21.55%.
About American Business Bank
(
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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