American Business Bank (OTCMKTS:AMBZ) Announces Earnings Results

American Business Bank (OTCMKTS:AMBZ) released its quarterly earnings results on Thursday. The financial services provider reported $1.87 EPS for the quarter, Zacks reports.

American Business Bank Trading Up 0.1%

OTCMKTS:AMBZ traded up $0.05 during midday trading on Thursday, hitting $73.50. 595 shares of the stock were exchanged, compared to its average volume of 9,716. The company has a market capitalization of $652.68 million, a price-to-earnings ratio of 11.63 and a beta of 0.25. The business has a 50-day moving average price of $72.65 and a two-hundred day moving average price of $70.77. American Business Bank has a one year low of $46.09 and a one year high of $73.64.

American Business Bank Company Profile

American Business Bank (OTCMKTS:AMBZ) is a Southern California–based commercial bank that provides a broad range of financial services to small and mid-sized businesses. Headquartered in Irvine, California, the bank focuses on building long-term relationships with clients in industries such as real estate development, professional services, healthcare, technology, and manufacturing. Its regional footprint includes full-service offices across Los Angeles, Orange County, the Inland Empire, North County San Diego, and the Coachella Valley.

The bank’s core offerings encompass commercial real estate financing, construction and land development loans, equipment and vehicle financing, and working capital lines of credit.