Pinnacle Bankshares (OTCMKTS:PPBN) Announces Quarterly Earnings Results

Pinnacle Bankshares (OTCMKTS:PPBN – Get Free Report) issued its earnings results on Monday. The financial services provider reported $1.66 earnings per share (EPS) for the quarter, Zacks reports. Pinnacle Bankshares had a return on equity of 13.78% and a net margin of 23.60%.

Pinnacle Bankshares Trading Down 0.2%

PPBN traded down $0.11 during trading hours on Monday, hitting $61.89. The company’s stock had a trading volume of 200 shares, compared to its average volume of 1,023. The business’s 50-day moving average price is $64.12 and its 200-day moving average price is $57.91. Pinnacle Bankshares has a 12 month low of $37.70 and a 12 month high of $68.87. The stock has a market cap of $133.68 million, a price-to-earnings ratio of 8.88 and a beta of 0.28.

Pinnacle Bankshares Company Profile

(Get Free Report)

Pinnacle Bankshares Corporation is a bank holding company headquartered in Altavista, Virginia. Through its subsidiary, Pinnacle Bank, the company provides community banking services to individuals, families, farmers and businesses.

Pinnacle Bank’s products and services include checking and savings accounts, certificates of deposit, consumer loans, residential and commercial real estate financing, agricultural lending, commercial loans and other business banking solutions. The bank also provides digital banking, electronic payment and cash-management services.

Founded in 1900, Pinnacle Bank has developed a branch network serving communities in central and southern Virginia, including the areas surrounding Altavista, Bedford and Lynchburg.

See Also

Earnings History for Pinnacle Bankshares (OTCMKTS:PPBN)

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