Pioneer Bankshares (OTCMKTS:PNBI) Issues Quarterly Earnings Results

Pioneer Bankshares (OTCMKTS:PNBI) released its quarterly earnings results on Tuesday. The company reported $0.94 earnings per share for the quarter, Zacks reports. The firm had revenue of $4.07 million for the quarter.

Pioneer Bankshares Stock Performance

Shares of PNBI stock opened at $35.20 on Wednesday. The firm has a market cap of $35.55 million, a price-to-earnings ratio of 9.89 and a beta of 0.11. Pioneer Bankshares has a 52 week low of $24.50 and a 52 week high of $35.20. The firm’s 50-day simple moving average is $33.81 and its two-hundred day simple moving average is $31.61.

About Pioneer Bankshares

Pioneer Bankshares, Inc is the bank holding company for Pioneer Bank, a locally focused community banking organization serving residents and businesses in the Mid‐Atlantic region. Through its subsidiary, the company provides a full suite of commercial and retail banking services, including checking and savings accounts, certificates of deposit, and money market instruments. Pioneer Bank’s commercial lending portfolio encompasses commercial real estate, construction, equipment financing, and operating lines of credit tailored to small‐ and medium‐size enterprises.

In addition to traditional deposit and lending products, Pioneer Bankshares offers a range of treasury management and cash‐management services designed to help businesses optimize liquidity and streamline receivables and payables.