Pinnacle Bankshares (OTCMKTS:PPBN) Announces Quarterly Earnings Results

Pinnacle Bankshares (OTCMKTS:PPBN) posted its quarterly earnings results on Thursday. The financial services provider reported $0.95 earnings per share for the quarter, reports. Pinnacle Bankshares had a net margin of 18.04% and a return on equity of 14.31%. The business had revenue of $10.03 million for the quarter.

Pinnacle Bankshares Price Performance

Shares of OTCMKTS PPBN opened at $27.98 on Friday. The stock has a market cap of $62.12 million, a price-to-earnings ratio of 6.68 and a beta of 0.41. Pinnacle Bankshares has a 52 week low of $18.25 and a 52 week high of $30.24. The company’s 50-day moving average price is $28.35 and its 200 day moving average price is $25.43. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.15.

Pinnacle Bankshares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Friday, February 23rd were paid a dividend of $0.25 per share. The ex-dividend date was Thursday, February 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.57%. Pinnacle Bankshares’s dividend payout ratio (DPR) is presently 23.87%.

Pinnacle Bankshares Company Profile

Pinnacle Bankshares Corporation operates as the bank holding company for First National Bank that provides a range of commercial and retail banking products and services. The company accepts checking accounts, savings and time deposits, individual retirement accounts, certificates of deposit, and money market accounts.