American Business Bank (OTCMKTS:AMBZ - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $44.17 and traded as high as $46.97. American Business Bank shares last traded at $45.70, with a volume of 6,471 shares changing hands.
American Business Bank Stock Performance
The stock has a market cap of $415.87 million, a P/E ratio of 9.85 and a beta of 0.72. The stock has a 50-day moving average price of $44.20 and a 200-day moving average price of $40.80.
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 earnings per share (EPS) for the quarter.
American Business Bank Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, February 24th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.19%. The ex-dividend date is Monday, February 24th.
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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