Pinnacle Bancshares, Inc. (PCLB) Announces Earnings Results
Pinnacle Bancshares, Inc. (NASDAQ:PCLB) posted its earnings results on Wednesday. The financial services provider reported $0.58 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The firm had revenue of $2.28 million during the quarter. Pinnacle Bancshares had a net margin of 25.46% and a return on equity of 8.91%.
Shares of Pinnacle Bancshares (NASDAQ PCLB) traded up 0.44% during mid-day trading on Thursday, reaching $22.80. 421 shares of the company’s stock traded hands. The firm has a 50-day moving average price of $22.48 and a 200-day moving average price of $22.24. Pinnacle Bancshares has a 1-year low of $21.60 and a 1-year high of $23.95. The company has a market capitalization of $23.80 million and a P/E ratio of 11.35.
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About Pinnacle Bancshares
Pinnacle Bancshares, Inc is a bank holding company whose principal activity is the ownership and management of its subsidiary, Pinnacle Bank. The Bank is primarily in the business of obtaining funds in the form of various savings, demand deposit, and time deposit products and investing those funds in mortgage, consumer, and commercial loans.
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