Pinnacle Bank (OTCMKTS:PBNK) Announces Quarterly Earnings Results

Pinnacle Bank (OTCMKTS:PBNK) posted its quarterly earnings data on Thursday. The company reported $0.25 EPS for the quarter, Zacks reports. Pinnacle Bank had a net margin of 8.42% and a return on equity of 3.91%. The business had revenue of $8.19 million during the quarter.

Pinnacle Bank Stock Up 0.7%

Shares of PBNK stock opened at $18.42 on Friday. Pinnacle Bank has a 52 week low of $16.00 and a 52 week high of $20.95. The firm has a 50 day moving average of $17.64 and a two-hundred day moving average of $17.44. The stock has a market capitalization of $109.97 million, a PE ratio of 26.31 and a beta of 0.24.

About Pinnacle Bank

Pinnacle Bank, a commercial bank, provides various depository and credit services in Santa Clara, San Benito, and Monterey counties. The company offers checking, savings, money market, sweep, and individual retirement accounts, as well as certificates of deposit and certificates of deposit account registry services. It also provides home equity lines of credit and single family home construction loans; and loans and lines of credit, letters of credit, commercial real estate, and government assisted loans, as well as credit cards.