American Business Bank (OTCMKTS:AMBZ) Releases Earnings Results

American Business Bank (OTCMKTS:AMBZ) announced its quarterly earnings data on Thursday, October 26th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The business had revenue of $14.85 million for the quarter.

Shares of American Business Bank (AMBZ) opened at $40.00 on Monday. American Business Bank has a 52-week low of $26.68 and a 52-week high of $40.00. The company has a market cap of $287.25, a P/E ratio of 22.25 and a beta of 0.35.

Separately, ValuEngine lowered shares of American Business Bank from a “buy” rating to a “hold” rating in a report on Monday, October 2nd.

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About American Business Bank

American Business Bank is engaged in business banking. The Bank offers a range of financial services to the business marketplace. Its clients include wholesalers, manufacturers, service businesses, professionals and non-profits. The Bank operates approximately four loan production offices in areas, including Orange County Office in Irvine, South Bay Office in Torrance, San Fernando Valley Office in the Warner Center and Inland Empire Office in Ontario.

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