Pinnacle Bankshares (OTCMKTS:PPBN) Issues Earnings Results

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

Pinnacle Bankshares Price Performance

PPBN stock opened at $32.00 on Friday. The firm has a market cap of $71.04 million, a PE ratio of 8.14 and a beta of 0.45. The business has a 50 day moving average of $30.75 and a 200-day moving average of $30.30. Pinnacle Bankshares has a 12-month low of $26.25 and a 12-month high of $32.00.

Pinnacle Bankshares Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 21st will be given a dividend of $0.25 per share. The ex-dividend date is Friday, February 21st. This represents a $1.00 annualized dividend and a dividend yield of 3.13%. Pinnacle Bankshares’s dividend payout ratio is currently 25.45%.

About Pinnacle Bankshares

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.