Commonwealth Business Bank (OTCMKTS:CBBI) Issues Earnings Results

Commonwealth Business Bank (OTCMKTS:CBBI) announced its quarterly earnings data on Friday. The company reported $0.48 EPS for the quarter, Zacks reports. The firm had revenue of $18.85 million for the quarter.

Commonwealth Business Bank Trading Up 2.1%

Shares of CBBI stock opened at $13.70 on Friday. The company’s fifty day moving average price is $13.91 and its 200-day moving average price is $12.75. The stock has a market cap of $145.49 million, a PE ratio of 7.25 and a beta of 0.13. Commonwealth Business Bank has a 12 month low of $10.38 and a 12 month high of $14.24.

Commonwealth Business Bank Company Profile

Commonwealth Business Bank is a commercial bank headquartered in Los Angeles, California. The bank focuses on serving small and mid-sized businesses, entrepreneurs, professionals and individual customers through relationship-based banking services.

Its products and services include business and personal deposit accounts, commercial and industrial loans, commercial real estate financing, small business lending, residential mortgage loans and other credit products. Customers may also have access to treasury management, online banking, mobile banking and related cash-management services.

Commonwealth Business Bank was established in 2005 and has developed a presence in California and Texas, with an emphasis on serving local business communities, including Korean-American and other diverse customer segments.