Pinnacle Bank (OTCMKTS:PBNK) Trading 1.5% Higher – Should You Buy?

Pinnacle Bank (OTCMKTS:PBNK)’s share price traded up 1.5% during mid-day trading on Monday . The company traded as high as $16.55 and last traded at $16.50. 896 shares changed hands during trading, a decline of 25% from the average session volume of 1,194 shares. The stock had previously closed at $16.2540.

Pinnacle Bank Price Performance

The firm has a market cap of $99.10 million, a PE ratio of 18.24 and a beta of 0.29. The stock’s fifty day moving average price is $17.18 and its 200-day moving average price is $18.78.

Pinnacle Bank (OTCMKTS:PBNK) last released its earnings results on Thursday, January 29th. The company reported $0.05 earnings per share (EPS) for the quarter. Pinnacle Bank had a net margin of 10.76% and a return on equity of 5.25%. The business had revenue of $8.93 million during the quarter.

About Pinnacle Bank

Pinnacle Bank, a commercial bank, provides various depository and credit services in Santa Clara, San Benito, and Monterey counties. The company offers checking, savings, money market, sweep, and individual retirement accounts, as well as certificates of deposit and certificates of deposit account registry services. It also provides home equity lines of credit and single family home construction loans; and loans and lines of credit, letters of credit, commercial real estate, and government assisted loans, as well as credit cards.