American Business Bank (OTCMKTS:AMBZ) Releases Earnings Results

American Business Bank (OTCMKTS:AMBZ) released its quarterly earnings data on Thursday. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, Zacks reports.

American Business Bank Price Performance

Shares of OTCMKTS AMBZ remained flat at $73.00 during midday trading on Thursday. 14 shares of the company traded hands, compared to its average volume of 3,574. The firm has a market cap of $648.24 million, a price-to-earnings ratio of 11.55 and a beta of 0.25. American Business Bank has a 12-month low of $46.09 and a 12-month high of $73.64. The firm has a fifty day simple moving average of $72.65 and a 200-day simple moving average of $70.77.

American Business Bank Company Profile

American Business Bank (OTCMKTS:AMBZ) is a Southern California–based commercial bank that provides a broad range of financial services to small and mid-sized businesses. Headquartered in Irvine, California, the bank focuses on building long-term relationships with clients in industries such as real estate development, professional services, healthcare, technology, and manufacturing. Its regional footprint includes full-service offices across Los Angeles, Orange County, the Inland Empire, North County San Diego, and the Coachella Valley.

The bank’s core offerings encompass commercial real estate financing, construction and land development loans, equipment and vehicle financing, and working capital lines of credit.