Pinnacle Bank (OTCMKTS:PBNK) Shares Up 1.5% – What’s Next?

Pinnacle Bank (OTCMKTS:PBNK) shot up 1.5% during mid-day trading on Friday . The stock traded as high as $17.25 and last traded at $17.25. 800 shares traded hands during trading, a decline of 48% from the average session volume of 1,527 shares. The stock had previously closed at $17.00.

Pinnacle Bank Stock Performance

The company has a 50-day simple moving average of $16.72 and a 200-day simple moving average of $17.83. The company has a market cap of $102.98 million, a price-to-earnings ratio of 21.30 and a beta of 0.26.

Pinnacle Bank (OTCMKTS:PBNK) last issued its earnings results on Thursday, April 23rd. The company reported $0.22 EPS for the quarter. The company had revenue of $8.82 million for the quarter. Pinnacle Bank had a net margin of 9.61% and a return on equity of 4.58%.

Pinnacle Bank Company Profile

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.