Pinnacle Bancshares, Inc. (PCLB) Releases Quarterly Earnings Results

Pinnacle Bancshares, Inc. (NASDAQ:PCLB) released its quarterly earnings results on Wednesday. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Pinnacle Bancshares had a net margin of 25.46% and a return on equity of 8.91%. The company had revenue of $2.28 million for the quarter.

Shares of Pinnacle Bancshares (NASDAQ:PCLB) opened at 22.85 on Friday. Pinnacle Bancshares has a 1-year low of $21.60 and a 1-year high of $23.95. The firm’s 50 day moving average is $22.48 and its 200 day moving average is $22.24. The firm has a market capitalization of $23.86 million and a PE ratio of 11.38.

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About Pinnacle Bancshares

Pinnacle Bancshares, Inc is a bank holding company whose principal activity is the ownership and management of its subsidiary, Pinnacle Bank. The Bank is primarily in the business of obtaining funds in the form of various savings, demand deposit, and time deposit products and investing those funds in mortgage, consumer, and commercial loans.

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