Pinnacle Bankshares (OTCMKTS:PPBN) Issues Quarterly Earnings Results

Pinnacle Bankshares (OTCMKTS:PPBN) issued its earnings results on Friday. The financial services provider reported $1.27 earnings per share for the quarter, Zacks reports. Pinnacle Bankshares had a net margin of 16.09% and a return on equity of 11.98%. The firm had revenue of $11.96 million during the quarter.

Pinnacle Bankshares Price Performance

Shares of PPBN stock opened at $32.00 on Friday. The stock has a market capitalization of $71.04 million, a price-to-earnings ratio of 8.14 and a beta of 0.45. The company’s fifty day simple moving average is $30.75 and its two-hundred day simple moving average is $30.30. Pinnacle Bankshares has a 1 year low of $26.25 and a 1 year high of $32.00.

Pinnacle Bankshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 21st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.13%. The ex-dividend date is Friday, February 21st. Pinnacle Bankshares’s dividend payout ratio (DPR) is presently 25.45%.

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.