Porter Bancorp, Inc. (NASDAQ:PBIB) insider John Redmon Davis sold 2,300 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $14.00, for a total value of $32,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Porter Bancorp, Inc. (NASDAQ:PBIB) opened at $13.90 on Wednesday. Porter Bancorp, Inc. has a one year low of $8.11 and a one year high of $15.55. The company has a market capitalization of $87.64, a PE ratio of 15.22 and a beta of 0.86. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 1.28.
Porter Bancorp (NASDAQ:PBIB) last announced its quarterly earnings data on Wednesday, January 24th. The financial services provider reported $0.09 earnings per share (EPS) for the quarter. Porter Bancorp had a return on equity of 18.48% and a net margin of 90.63%. The firm had revenue of $9.50 million for the quarter.
An institutional investor recently bought a new position in Porter Bancorp stock. Emerald Mutual Fund Advisers Trust acquired a new stake in shares of Porter Bancorp, Inc. (NASDAQ:PBIB) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 31,217 shares of the financial services provider’s stock, valued at approximately $356,000. Emerald Mutual Fund Advisers Trust owned approximately 0.50% of Porter Bancorp as of its most recent SEC filing. 9.11% of the stock is currently owned by institutional investors and hedge funds.
Separately, ValuEngine cut Porter Bancorp from a “buy” rating to a “hold” rating in a research note on Monday, November 27th.
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Porter Bancorp Company Profile
Porter Bancorp, Inc is a bank holding company. The Company operates through its subsidiary, PBI Bank (the Bank). The Bank is a community bank with a range of commercial and personal banking products. It offers retail and commercial deposit products. It offers drive-in banking facilities, automatic teller machines, night depository, personalized checks, credit cards, debit cards, Internet banking, mobile banking, treasury management services, remote deposit services, electronic funds transfers through automated clearing house services, domestic and foreign wire transfers, cash management, vault services, and loan and deposit sweep accounts.
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