American Business Bank (OTCMKTS:AMBZ - Get Free Report)'s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $44.66 and traded as high as $44.97. American Business Bank shares last traded at $44.97, with a volume of 151 shares changing hands.
American Business Bank Price Performance
The company has a 50-day moving average of $44.71 and a two-hundred day moving average of $42.21. The stock has a market capitalization of $406.79 million, a PE ratio of 9.68 and a beta of 0.74.
American Business Bank (OTCMKTS:AMBZ - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The financial services provider reported $1.33 EPS for the quarter.
American Business Bank Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, February 24th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.23%. 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
(
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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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